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I am confused on how to get #3 the unique printing required. The sweatshirts would cost Hooper $17.00 each with a minimum order of 188
I am confused on how to get #3
the unique printing required. The sweatshirts would cost Hooper $17.00 each with a minimum order of 188 sweatshirts. Any additional sweatshirts would have to be ordered in increments of 188. Since Hooper's plan would not require any additional facilities, the only costs associated with the project would be the costs of the sweatshirts and the costs of the sales commissions. The selling price of the sweatshirts would be $34.00 each. Hooper would pay the students a commission of $4.00 for each shirt sold. Required: 1. What level of unit sales and dollar sales is needed to attain a target profit of $9,776? 2. Assume that Hooper places an initial order for 188 sweatshirts. What is his break-even point in unit sales and dollar sales? (Round your intermediate calculations and final answers to the nearest whole number.) 3. How many sweatshirts would Hooper need to sell to earn a target profit of $11,000? (Round your final answer to the nearest whole number.) Answer is complete but not entirely correct. $ 1. Unit sales needed to attain the target profit 1. Dollar sales needed to attain the target profit 2. Break-even point in unit sales 2. Break-even point in dollar sales Number of sweatshirts 752 sweatshirts 25,568 107 sweatshirts 3,638 1,692 x sweatshirts $Step by Step Solution
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