Acc346 Managerial Accounting Week 6 (TCO 4) Paschal's Parasailing Enterprises

Acc346 Managerial Accounting:
Week 6 : Budgeting and Standard Costing

(TCO 4)Paschal's Parasailing Enterprises has estimated that fixed costs per month are $115,600 and variable cost per dollar of sales is $0.38.
(a) What is the break-even point per month in sales?
(b) What level of sales is needed for a monthly profit of $67,000?
(c) For the month of August, Paschal's anticipates sales of $585,000. What is the expected level of profit?
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