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What is the? break-even point in pairs of shoes

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Problem: Footwear Inc. manufactures a complete line of? men's and? women's dress shoes for independent merchants. The average selling price of its finished product is ?$90 per pair. The variable cost for this same pair of shoes is ?$55. Footwear Inc. incurs fixed costs of ?$160,000 per year.

Required:

Question 1: What is the? break-even point in pairs of shoes sold for the? company?

Question 2: What is the dollar sales volume the firm must achieve to reach the? break-even point?

Question 3: What would be the? firm's profit or loss at the following units of production? sold: 6,000 pairs of? shoes? 11,000 pairs of? shoes? 16,000 pairs of? shoes?

Reference no: EM132459200

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