| EXERCISE E4 12 CVP Analysis, Profit Equation | ||||||||
| Clyde’s 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? ANSWER Thru N | ||||||||
| Enter text answer here. | ||||||||
Selling price: (Relational) AVariable cost: (Relational) BContribution Margin: (Relational) CFixed costs:Amount DAf·Amount E=Formula Fb. What level of sales is needed for a monthly profit of$60,000 ?(Amount G+Amount H) Af·Amount I=Formula Jc. For the month of July, the marina anticipates sales of$1,000,000 What is the expected level of profit?(Amount K*Amount L) Amount M=Formula N REQUIRED answers for A thru N
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