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Hoodie's Sweatshirts- I sell sweatshirts for $50 each. My variable cost for each shirt is $35. My Fixed Cost is $125,000. Required: 5. Calculate how
Hoodie's Sweatshirts- I sell sweatshirts for $50 each. My variable cost for each shirt is $35.
My Fixed Cost is $125,000.
Required:
5. Calculate how many shirts I must sell to have a TOI (Target Operating Income) of $250,000. Prepare an analysis that checks your work.
6. Calculate how many shirts I must sell to have a TOI of $250,000 given a 30% tax rate. Again prepare an analysis that checks your work.
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