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The MemoryFit Shoe Company operates a chain of shoe stores that sell 10 different styles of inexpensive men's shoes with identical unit costs and selling 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 com MemoryFit 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 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. Fixed costs Contribution margin per unit = Breakeven number of units 13500 378000 28 Requirement 1b. What is the annual breakeven point in revenues? Determine the formula used to calculate the breakeven revenue, then calculate MemoryFit's annual breakeven point in revenues. Selling price Breakeven number of units Breakeven revenues 756000 56 13500 Requirement 2. If 30,000 units are sold, what will be the store's operating income (loss)? Determine the formula used to calculate the operating income (loss) and then enter the amounts to determine the store's operating income (loss). (Use pai or a minus sign for a loss.) Operating income (loss) Contribution margin per unit Variable cost per unit ). Foxed costs = 378000 = Requirement 3a. If sales commissions are discontinued and fixed salaries are raised by a total of $10,500, what would be the annual breakeven point in u The annual breakeven point in units sold would be units. Requirement 3b. If sales commissions are discontinued and fixed salaries are raised by a total of $10,500, what would be the annual breakeven point in The annual breakeven point in revenues would be $ Requirement 4a. Refer to the original data. If, in addition to his foed salary, the store manager is paid a commission of $2.80 per unit sold, what would be breakeven point in units sold? (Do not round any of your calculations.) The annual breakeven point in units sold would be units Requirement 4b. Refer to the original data. If, in addition to his fixed salary, the store manager is paid a commission of $2.80 per unit sold, what would be annual breakeven point in revenues ? (Do not round any of your calculations.) Using the same information as requirement 4a, calculate the breakeven point in revenues The annual breakeven point in revenues would be $ Requirement 5. Refer to the original data. If, in addition to his fixed salary, the store manager is paid a commission of $2.80 per unit in excess of the breal point, what would be the store's operating income if 54,000 units were sold? (Do not round any of your calculations.) Operating income would be $ 13:03 1 10 4G OH Dae- (EUR) ! L+0! 0 + old, what will be the stores operating income foss? at the operating income ) and then enter the amounts to determine the stores operating inco ene ms are discontinued and fixed salaries are raised by a total of $10.500, what would be the annual old would be units ons are discontinued and foed salaries are raised by a total of $10.500, what would be the a l t us would be Data Table Annual Fixed Costs Rent Unit Variable Data (per pair of shoes) Seling price 56.00 Cost of shoes $ 21.00 Sales commission 7.00 Variable costerunit 28.00 55.000 250.000 Salaries Advertising 54000 Other fixed costs $ 38000 Towed costs Print Done