Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

cin Visualizacin Historial M arcadores Ventana Ayuda 26% Help Save& Exit Check n The Shirt Works sells a large variety of tee shirts and sweatshirts.

image text in transcribed
cin Visualizacin Historial M arcadores Ventana Ayuda 26% Help Save& Exit Check n The Shirt Works sells a large variety of tee shirts and sweatshirts. Steve Hooper,the owner, is thinking of expanding his sales by hiring high school students, on a commission basis, to sel sweatshirts bearing the name and mascot of the local high school These sweatshirts would have to be ordered from the manufacturer six weeks in advance, and they could not be returned because of the unique printing required. The sweatshirts would cost Hooper $20.00 each with a minimum order of 320 sweatshirts. Any additional sweatshirts would have to be ordered in increments of 50 Since Hooper's plan would not require any additional facilities, the only costs associated with the project would be the costs of the sweatshirts and the costs of the sales commissions. The selling price of the sweotshits would be $4000 each. Hooper would pay the students a commission of $4.00 for each shirt sold. 1 What level of unit sales and dollar sales is needed to attain a target profit of $12,800? 2. Assume that Hooper places an initial order for 320 sweatshirts. What is his break-even point in unit sales and dollar sales? (Round your intermediate calculations and final answers to the nearest whole number) o atain the target proft Dollar sales needed to attain the target prof aeatshits 2 Break-even point in unit sales What is the nat nneratinn inenme? MacBook Air 3 5 9

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Commercial Energy Auditing Referance Handbook

Authors: Steve Doty

1st Edition

0881736481, 978-0881736489

More Books

Students also viewed these Accounting questions

Question

3. Explain the forces that influence how people handle conflict

Answered: 1 week ago