Lake Stevens Marina has estimated that fixed costs per month are $349,000 and variable cost...
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Accounting
Lake Stevens Marina has estimated that fixed costs per month are $349,000 and variable cost per dollar of sales is $0.33.
What is the break-even point per month in sales dollars? (Round answer to 2 decimal places, e.g. 15.25.)
What level of sales dollars is needed for a monthly profit of $62,200? (Round answer to 2 decimal places, e.g. 15.25.) For the month of July, the marina anticipates sales of $1,003,000. What is the expected level of profit?
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