Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 4 Days Ago
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 11 Aug 2017 My Price 9.00

Clyde's Marina

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

Answers

(5)
Status NEW Posted 11 Aug 2017 12:08 PM My Price 9.00

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