Single Product; Break-Even Point: Desired Profit. Laura's Clothing Store sells dresses at an average price of S60 each, with a variable cost of $45 cach. Fixed costs are $60,000 per year. Determine how many dresses must be sold each year in order for the firm to:

a. Break even.

b. Earn a profit of $30,000.

c. Earn a 20 percent return on sales.