Homework Answers
Break even pairs = Fixed costs/(Selling price per pair – Variable cost per pair)
= 125,000/(21-10)
= 11,363.64 pairs
i.e. 11,364 pairs
b.Sales in dollars = 11,364*21 = $238,644
c) Income = (21-10)*26500 – 125000
= $166,500
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