Answer:
$8,220
Explanation:
According to the scenario, computation of the given data are as follow:-
This month Sales = $15,000
Growth expect in future sales per month = $1,600
Next Month Sales = Current Month Sales + Growth Expect In Future Sales Per Month
Variable Cost = Total Sale of Current Month × 40%
Gross Profit = Sales - Fixed Cost - Variable Cost
Per Month Gross Profit
Particular Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7
Sales ($) 16,600 18,200 19,800 21,400 23,000 24,600 26,200
Less - Fixed cost($) 7,500 7,500 7,500 7,500 7,500 7,500 7,500
Less-Variable cost ($) 6,640 7,280 7,920 8,560 9,200 9,840 10,480
Gross profit ($) 2,460 3,420 4,380 5,340 6,300 7,260 8,220
Gross profit in a single 7 month from now = $8,220
