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?(?Break-even point and operating leverage?) Footwear Inc. manufactures a complete line of? men's and? women's dress shoes for independent...

50.1K

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Question

Finance

?(?Break-even

point and operating

leverage?)

Footwear Inc. manufactures a complete line of? men's and?women's dress shoes for independent merchants. The average sellingprice of its finished product is

?$85

per pair. The variable cost for this same pair of shoes is

?$60

.

Footwear Inc. incurs fixed costs of

?$180 comma 000

per year.

a. What is the? break-even point in pairs of shoes sold for the?company?

b. What is the dollar sales volume the firm must achieve toreach the? break-even point?

c. What would be the? firm's profit or loss at the followingunits of production? sold:

6 comma 000

pairs of? shoes?

12 comma 000

pairs of? shoes?

15 comma 000

pairs of? shoes?

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