Problem 5-24 (Algo) Break-Even and Torget Profit Analysis [LO5-5, LO5-6] The Shirt Works sells a large vancyy of tee shirts and sweotshirts Steve Hoopet, the ownec is thinking of expanding his saies by hining high school students, on a commssion bask, 10 sell sweotchirs bearing the name and moscot of the local high school. These sweatshirs woula have to be ordeced from the manufacturer sa weeks in advance, and they coisd not be tatumed because of the unioue printing required. The sweatshits would cost Hooper $1700 esch wath a minimum order of 243 sweatshirts. Any additiohal sweatshirs would have to be ordered in inciements of 243. Since Hoopers plan would not requre any addibonal foclitses, the only costs associated with the project woula be the costs of the sweathins and the costs of the sales commissions The seting price of the sweatshirts would be 53400 each Hooper would pay the students a commiscion of $7.00 for esch shit sola Pequited: 1. What level of urit salet and dolar sales is needed to atbin a target profit of 59720 ? 2. Assume that Hooper places an intial orger for 243 sweotshets. What is his oresk-even point in unit sales and donar sales? (Round your intermediote caiculations, found "Breakieven peint in unit saips" up to the nearest whole unit and round "Break-even point in doliar seies" to the nearest whole delars.) 3. Hew many swestshirts wovid Hooper need to salt to earn a target profit of 510,935 ? (Round finei enswer up to the nearest whole units.)