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Happy Feet buys hiking socks (variable cost) for $6 a pair and sells them for $10, Management budgets monthly fixed costs of $12,000 for sales
Happy Feet buys hiking socks (variable cost) for $6 a pair and sells them for $10, Management budgets monthly fixed costs of $12,000 for sales volume between 0 to 12,000 pairs. Calculate the breakeven point in units Calculate the breakeven point in dollars In addition to selling hiking socks, Happy Feet would like to start selling sports socks. Happy Feet expects to sell 1 pair of hiking socks for every 3 pairs of sports socks. Happy Feet will buy the sports socks for $4 (variable cost) a pair and sell them for $8 a pair. Total fixed costs will remain at $12,000 per month. Calculate the breakeven point in units for hiking socks Calculate the breakeven point in dollars for hiking socks Calculate the breakeven point in units for sports socks Calculate the breakeven point in dollars for sports socks
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