Problem 5.24 (Algo) Break-Even and Target Profit Analysis [LO5.5, LO5.6] The Shit Works sells a large variety of tee shits and sweatshirts. Steve Hooper, the owner, is thinking of expanding his sales by hiring high school students, on a commission besis, to sell sweatshirts bearing the name and mascot of the local high school These sweatshirts would have to be ordered from the manufacturer six weeks in advance, and they could not be returned because of the unique printing required. The sweatshirts would cost Hooper $18.00 each with a minimum order of 153 sweatshirts. Any additional sweatshits would have to be ordered in increments of 153 Since Hooper's plan would not require any additionol 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 $36.00 each. Hooper would pay the students a commission of $6.00 tor each shit sold Required: 1. What level of unt sales and dollar sales is needed to attain a target profit of $7,344 ? 2 Assume that Hooper ploces or -nitiol order tor 153 sweatshits. What is his break-even point in unit sales and dollar sales? (Round your intermediate cokulations, round "Breakeven point in unit sales" up to the nearest whole unit and round "Break-even point in dollar sales" to the nearest whole dollar.) 3. How many sweatshirs would Hooper need to sell to eam a target grofit of $8.262? (Round final answer up to the nearest whole unit.)