estion list Question 1 Question 2 K The HighStep Shoe Company operates a chain of shoe stores that sell 10 different styles of inexpensive men's shoes with identical unit costs and selling prices. A unit is defined as a pair of shoes. Each store has a store manager who is paid a fixed salary. Individual salespeople receive a fixed salary and a sales commission. HighStep is considering opening another store that is expected to have the revenue and cost relationships shown here. (Click the icon to view the revenue and cost information.) Read the requirements. Question 3 Requirement 1a. What is the annual breakeven point in units sold? Determine the formula used to calculate the breakeven number of units, then calculate the number of units that must be sold to break even Contribution margin per unit Breakeven number of units 9,000 Fixed costs Question 4 $ 180,000 $ 20 Data table Requirement 1b. What is the annual breakeven point in revenues? Determine the formula used to calculate the breakeven revenue, then calculate HighStep's annual breakeven point in revenues. - x = Breakeven revenues A B D 1 Unit Variable Data (per pair of shoes) Annual Fixed Costs $ 2 Selling price 60.00 Rent $ 30,000 3 Cost of shoes $ 37.00 Salaries 100,000 4 Sales commission 3.00 Advertising 40,000 5 Variable cost per unit $ 40.00 Other fixed costs 10,000 Clear all Check answer Total fixed costs $ 180,000