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FiveTen Climbing Shoes has a profit of $19000 if it sells a pair of shoes for $ 26, has unit variable costs of $ 10
FiveTen Climbing Shoes has a profit of $19000 if it sells a pair of shoes for $ 26, has unit variable costs of $ 10 per pair, and total fixed costs of $ 58000.
What is the contribution margin (in dollars)?
How many pairs of shoes did they sell (do not include units)?
What is the profit function (without units - use x as the number of units sold)?
What is the break even volume (do not include units)?
For parts 2 and 4, answer to one decimal place, not to the nearest whole number (even if only whole numbers make sense for pairs of shoes).
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