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 $75.00 per pair. The variable cost for this same pair of shoe is $45.00 Footwear Inc incurs fixed costs of $190,000 per year
a) What is the break-even point in a pair of shoes sold for the company?
b) What is the dollars sale volume the firm must achieve to reach the break even point?
C) What would be the firms profit or loss at the following units of production sold:
500 pairs of shoes?
11,000 pairs of shoes?
18,000 pairs of shoes?