Question

please complete all 7 parts. Thank you

The Walking Shoe Company operates a chain of shoe stores that coll 10 different styles of inexpensive men's shoes with identical unit costs and selling prices. Auntis defined as a pair of shoes. Each stor has a store manager who is paid a fixed salary. Individual salespeople receive a fixed salary and a sales commission Walking is considering opening another store that is expected to have the revenue and cost relationships shown here Click the icon to view the revenue and cost information) Read the requirements Requirement 1a. What is the annual breakeven point in units sold? Determine the formula used to calculate the breakeven number of units, then calculate the number of units that must be sold to break even Breakeven number of units Choose from any list or enter any number in the input folds and then click Check Answer Check And Clear All 7 Dans remaining

Answer 1

Answer 1
Unit selling price	$               70
Less: Variable cost per unit	$               28
Unit Contribution margin	$               42
Fixed expense	386,400
Divided by : Unit Contribution margin	42.00
Break even point in Unit sales	9,200
Unit Contribution margin	$               42
Divided by: Unit selling price	$               70
Contribution margin Ratio	60%
Fixed expense	386,400
Divided by : Contribution margin Ratio	60%
Break even point in Dollars Sales	$    644,000

Answer 2
Unit Sold	37,000
Multiply: Unit contribution margin	$         42.00
Contribution margin	$ 1,554,000
Less: Fixed expenses	386,400
Net operating (loss)	1,167,600

Answer 3
Unit selling price	$               70
Less: Variable cost per unit	$               21
Unit Contribution margin	$               49
Fixed expense (386400+15400)	401,800
Divided by : Unit Contribution margin	49
Break even point in Unit sales	8,200
Unit Contribution margin	$               49
Divided by: Unit selling price	$               70
Contribution margin Ratio	70%
Fixed expense	401,800
Divided by : Contribution margin Ratio	70%
Break even point in Dollars Sales	$    574,000

Answer 4
Unit selling price	$               70
Less: Variable cost per unit	$               28
Unit Contribution margin	$               42
Fixed expense (386400+15400)	401,800
Divided by : Unit Contribution margin	42
Break even point in Unit sales	9,567
Unit Contribution margin	$               42
Divided by: Unit selling price	$               70
Contribution margin Ratio	60%
Fixed expense	401,800
Divided by : Contribution margin Ratio	60%
Break even point in Dollars Sales	$    669,667

Answer 5
Unit Sold	56,000
Multiply: Unit contribution margin	$           42.00
Contribution margin	$   2,352,000
Less: Fixed expenses	401,800
Less: commission paid ((56000-9200)*7)	327,600
Net operating (loss)	1,622,600