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Required information [The following information applies to the questions displayed below.j The Fashion Shoe Company operates a chain of women's shoe shops that carry many

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Required information [The following information applies to the questions displayed below.j The Fashion Shoe Company operates a chain of women's shoe shops that carry many styles of shoes that are all sold at the same price. Sales personnel in the shops are paid a sales commission on each pair of shoes sold plus a small base salary The following data pertains to Shop 48 and is typical of the company's many outlets: Per Pair of Shoes $ 40.00 Selling price Variable expenses: $14.00 Invoice cost Sales commission 6.00 Total variable expenses 20.00 Annual Fixed expenses: Advertising Rent Salaries 49,000 41,000 195,000 285, 000 Total fixed expenses 3. If 13,650 pairs of shoes are sold in a year, what would be Shop 48's net operating income (loss)

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