CVP Analysis Profit Equation
Clydes marina has estimated that fixed costs per month are $300,000 and variable cost per dollar of sales is $0.40.
Required:
A) What is the break -even point per month in sales dollars?
B) What level of sales dollars is needed for a monthly profit of $60,000?
C) For the month of July, the Marina anticipates sales of $1,000,000. What is the expected level of profit?