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Angie Silva has recently opened The Sandal Shop in Brisbane, Australia, a store that specializes in fashionable sandals. Angie has just received a degree in

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Angie Silva has recently opened The Sandal Shop in Brisbane, Australia, a store that specializes in fashionable sandals. Angie has just received a degree in business and she is anxious to apply the principles she has learned to her business. In time, she hopes to open a chain of sandal shops. As a first step, she has prepared the following analysis for her new store: Sales price per pair of sandals Variable expense per pair of sandals $ 1.80 0.72 Contribution margin per pair of sandals 108 Fixed expense per year: Building rental Equipment depreciation Selling Administrative $14,000 1,000 39,800 10,000 Total fixed expense $64,800

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