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Arctic Company sells shoes for $134 each. The variable costs per shoe are $39 and the fixed costs per week are $6,147. a. Calculate the number of shoes that need to be sold every week to break even. Round up to the next whole number. b. If 78 shoes were sold, calculate the net income in a week. (If the net income represents a loss, express your answer as a negative dollar amount.) Round to the nearest cent. c. How many shoes must be sold to make a profit of $7,343 in a week? Round up to the next whole number.

Question 2 of 4 Corey imported a product and marked it up by 60% of the cost. The amount of markup was $620. a. What was the selling price of the product? Round to the nearest cent. b. What was the markup as a percentage of the selling price? % Round to two decimal places. Question 3 of 4 A dealer purchased machinery for $33,000.00 per unit. His overhead expenses are 20.00% of the cost and he desires an operating profit of 40.00% of the cost. During a sale, he offers a markdown of 24.00%. a. Calculate the reduced selling price per unit. Round to the nearest cent. b. Calculate the break-even price. Round to the nearest cent. c. Calculate the profit or loss made per unit at the reduced selling price. Round your answer to two decimal places. Round to the nearest cent. Use a negative sign to represent a loss. Question 4 of 4 Giselle, a dentist, buys and sells specialized toothpaste in her office. She purchases the toothpaste at $2.40 per box, has overhead expenses of 30% on cost, and has operating profits of 40% on cost. a. What is the selling price of each box of toothpaste? Round to the nearest cent. b. What is the rate of markup on selling price? % Round to two decimal places