Question - CVP Analysis, Profit Equation
Clyde's Marina has estimated that fixed costs per month are $305,040 and variable cost per dollar of sales is $0.40.
What is the break-even point per month in sales dollars?
What level of sales dollars is needed for a monthly profit of $59,340?
For the month of July, the marina anticipates sales of $1,010,000. What is the expected level of profit?