What is the break-even point per month in sales dollars

Assignment Help Financial Accounting
Reference no: EM132861731

Question - Novak has estimated that fixed costs per month are $367,608 and variable cost per dollar of sales is $0.32.

What is the break-even point per month in sales dollars?

What level of sales dollars is needed for a monthly profit of $3,264?

For the month of July, the marina anticipates sales of $1,026,000. What is the expected level of profit?

Reference no: EM132861731

Questions Cloud

What is the project payback NPV and IRR : Assume that the hospital has hired you as a financial consultant. What is the project's payback, NPV, and IRR? Interpret each of these measures
Describe how starbucks human resource management practices : Describe how Starbucks' human resource management practices enabled them to build their culture and become a successful company.
Safe assign and resources and tips for success : Please take a moment to read the "Safe Assign and Resources and Tips for Success" in the Course Info tab under Additional Resources.
Describe the sales strategy process : Using a company of your choice describe the sales strategy process? Describe how sale impacts on a clients' results?
What is the break-even point per month in sales dollars : Novak has estimated that fixed costs per month are $367,608 and variable cost per dollar of sales is $0.32. What is the break-even point per month
Leadership development–consolidated products : Describe the leadership style that Ben Samuels exhibited as the plant manager for Consolidated Products.
Think about time when you were asked to change : Think about a time when you were asked to change the way you do things (at home, school, or work).
Which option would you pick if you were CFO of the company : The firm also contacted an investment bank, which predicted, Which option would you pick if you were the CFO of the company
What is the current yield or cost of preferred stock : The stock provided an 8% yield at the time of issue. The preferred stock is now selling for $75. What is the current yield or cost of preferred stock

Reviews

Write a Review

Financial Accounting Questions & Answers

  Which the entry to record the sales would include

Omega.com sold 25 jet skis for $7,000, which cost $5,000. Which the entry to record the sales would include? Credit to finished goods inventory $5,000

  Compute all of the materials and labor variances

Compute the standard cost of the ingredients for one gallon of wine and compute all of the materials and labor variances.

  Explain how would this action save antonella in today tax

If Antonella's employer paid her bonus on January 1 of next year instead of December, explain how much would this action save Antonella in today's tax dollars? If Antonella's tax rate increased to 32% next year, would receiving the bonus in Januar..

  What are some other investment banking activities

The proposed expansion would require the firm to raise about $18.3 million in new capital. What are some other investment banking activities

  Why average inventory always have to solve order quantity

Why average inventory always have to calculate order quantity divided by 2? if this question,why carrying cost is 1.8*(500/2)?

  What is the recognized gain and the basis of new building

Find What is the recognized gain and the basis of the new building if § 1033 (nonrecognition of gain from an involuntary conversion) is elected?

  What was the effective interest rate

At the date of issue, what was the effective interest rate, or equivalently market interest rate, on these notes per compounding period?

  Determining the striking price of option

The current price of the stock is $57.00 and the prevailing risk-free rate is 10.00%. What must be the striking price of either option?

  What will be reported as consolidate net income attributable

What is consolidated net income for 2021? What will be reported as consolidated net income attributable to the noncontrolling interest for 2021?

  How much will molly monthly payment be using the bankrate

How much will Molly's monthly payment be using the Bankrate calculator? When Molly adds all of her payments, how much will the car cost her?

  Bond issue under each of the independent assumptions

Complete the below table to calculate the price of a $1.3 million bond issue under each of the following independent assumptions.

  Determine and prepare the statement of cash flows

What types of unrealized holding gains/losses are included on the statement of comprehensive income? prepare the statement of cash flows

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