Lake stevens marina has estimated that fixed costs per month are $350,000 and variable cost per dollar of sales is $0.30.

a.)what is the break-even point per month in sales dollars?b.)what level of sales dollars is needed for a monthly profit of $70,000?c.)for the month of july, the marina anticipates sales of $1,000,000. what is the expected level of profit

The Break-even point in sales is $500,000 when the fixed costs per month are $350,000 and the variable cost per dollar of sales is $0.30.

What is the Break-Even Point?

The production level at which a product's expenses and revenues are equal is known as the breakeven point. When an asset's market price equals its original cost, this is referred to as reaching the breakeven point in investment.

Given,

Fixed Cost = $350,000

Variable cost = $0.30 per dollar sales

Required to calculate Break-even point in Sales =?

Break-even Point = Sales equal to Total cost (Fixed cost + Variable cost)

Break-even Point = $500,000 (Sales) = $350,000 (Fixed cost) + $0.30 X $500,000 (Variable cost per dollar sales)

Break-even Point = $500,000 = $500,000

The level of sales is $600,000 to earn a profit of $70,000 here is the calculation:

Profit= Sales - cost

= $600,000 - $350,000 (Fixed cost) - $600,000 x $0.30

Profit = $70,000

Thus, The expected level of profit is $350,000 when the anticipated of $1,000,000 here is the calculation:

Profit = Sales - Cost

= $1,000,000 - $350,000 -$1,000,000 x $0.30

= $350,000

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