What level of sales is needed for a monthly profit $80,000, Accounting Basics

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What level of sales is needed for a monthly profit $80,000

Paschal's Parasailing Enterprises has estimated that fixed costs per month are $110,500 and variable cost per dollar of sales is $0.45 (6 points).

What is the break-even point per month in sales?
What level of sales is needed for a monthly profit of $80,000?
For the month of August, Paschal's anticipates sales of $450,000. What is the expected level of profit?

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Accounting Basics: What level of sales is needed for a monthly profit $80,000

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Accounting Basics: What level of sales is needed for a monthly profit $80,000

Reference No:- TGS044927

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Determining current company stock

Q : Distinction between bond prices and interest rates

Q : What are the bases of the assets to the new partnership

Q : Costs of preference shares

Q : What level of sales is needed for a monthly profit $80,000

Q : Npv resulting from the federal reserve actions

Q : Evaluating the net present value of project

Q : Ytm and the coupon rate

Q : Determining the effective annualized cost

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What level of sales is needed for a monthly profit $80,000

Reference No:- TGS044927

Recent Questions Asked Accounting Basics

Q : Determining current company stock

Q : Distinction between bond prices and interest rates

Q : What are the bases of the assets to the new partnership

Q : Costs of preference shares

Q : What level of sales is needed for a monthly profit $80,000

Q : Npv resulting from the federal reserve actions

Q : Evaluating the net present value of project

Q : Ytm and the coupon rate

Q : Determining the effective annualized cost

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