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Happy boots sells hiking boots and has the following price/cost detail: begin{tabular}{|l|l|l|l|} hline Selling Price per Unit: $ & 10.00 & & Total Fixed Costs:
Happy boots sells hiking boots and has the following price/cost detail: \begin{tabular}{|l|l|l|l|} \hline Selling Price per Unit: $ & 10.00 & & Total Fixed Costs: $12,000 \\ \hline Variable Costs per Unit: $ & 6.00 & Relevant Range of Production: 0 - 12,000 units \\ \hline 1) Calculate the Breakeven point in units. \\ \hline \end{tabular} 2) Calculate the Breakeven point in dollars. 3) How many units need to be sold to earn a target income of $6,000 ? Consider each of the following situation independently: 4) If variable costs decrease by $1.00, calculate the new breakeven in units. 5) If the selling price is decreased to $8, calculate the new breakeven in units. 6) If the fixed costs increase by $2,000, calculate the new breakeven in units
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