Outback Outfitters sells high quality hiking boots. They have a capacity to make1500 pairs per year. Each pair of hiking boots sells for $630. Annual fixed costs are $280,000,and the variable costs per pair is $350. a) What is the volume of pairs required to break-even? b) What is the total profit in a year where 95% of the capacity of boots are made and sold? c) How many pairs must Outback Outfitters sell to earn an annual profit of $95,000? d) If the variable costs decrease by $27 per pair and the selling price increases by 12%, what is the new break-even volume? e) What is the contribution margin based on the changes in d)?