Paschals Parasailing Enterprises has estimated that fixed costs per month are $115,600 and variable cost...
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Accounting
Paschals Parasailing Enterprises has estimated that fixed costs per month are $115,600 and variable cost per dollar of sales is $0.35 (6 points). What is the break-even point per month in sales? What level of sales is needed for a monthly profit of $70,000? For the month of August, Paschals anticipates sales of $600,000. What is the expected level of profit?
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