What is the break even point per month in sales dallars

Assignment Help Accounting Basics
Reference no: EM13662343

CVP Analysis: Lake Stevens Marina has estimated that fixed costs per month are $350,000 and variable cost per dollar of sales is $0.40.

a. What is the break even point per month in sales dallars?

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?

Reference no: EM13662343

Questions Cloud

Compute the first years depreciation : Compute the first years depreciation
Calculate the wavelength of an x-ray with a frequency : How far does light travel in one year?( This distance is known as a light-year and is utilized in measuring astronomical distances)______km Approximately how long would it take for a telephone signal to travel 1000mi?( telephone signals travel at abo..
Periodic fifo and lifo : PERIODIC FIFO and LIFO
Homes could be heated by waste heat of this one power plant : A 36%-efficient electric power plant produces 900 MW of electric power and discharges waste heat into 20^\circC ocean water. Suppose the waste heat could be utilized to heat homes during the winter instead of being discharged into the ocean. A typica..
What is the break even point per month in sales dallars : What is the break even point per month in sales dallars?
Discover the speed of the proton : At a certain location, the horizontal component of the earth's magnetic field is 2.30*10-5 T, due north. A proton moves eastward with now the right speed for the magnetic force on it to balance its weight. Discover the speed of the proton.
Important to properly classify and report current : It is important to properly classify and report current and long-term liabilities because they affect liquidity.
A charge is moving perpendicular to a magnetic field : A charge is moving perpendicular to a magnetic field and experiences a force whose magnitude is 2.91*10-3 N. If this same charge were to move at the same speed and the angle among its velocity and the same magnetic field were 45°, what would be the m..
The debit or credit total is higher and by how much : Indicate whether the debit or credit total is higher and by how much.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd