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Energy Foot buys hiking socks for $ 6 a pair and sells them for $ 1 0 . Monthly fixed costs are $ 2 0
Energy Foot buys hiking socks for $ a pair and sells them for $ Monthly fixed costs are $for sales vole between and pairs resulting in a breakeven point of units. Assume that Energy Foot has been selli pairs of socks per month.
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Requirement To compensate for the lower sales price, Energy Foot wants to expand its product line to include men's dress socks. Each pair will sell for $ and cost $ from the supplier. Fixed costs will not chan Energy expects to sell four pairs of dress socks for every one pair of hiking socks at its new $ sales price Wha Energy's weightedaverage contribution margin per unit? Given the : sales mix, how many of each type of sock will it need to sell to breakeven? Round your answer to the nearest cent, $XXX
Energy's weightedaverage contribution margin per unit is
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