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Required information [The following information applies to the questions displayed below] Angie Silva has recently opened The Sandal Shop in Brisbane, Australia, a store

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Required information [The following information applies to the questions displayed below] Angie Silva has recently opened The Sandal Shop in Brisbane, Australia, a store that specializes in fashionable sandals. In time, she hopes to open a chain of sandal shops. As a first step, she has gathered the following data for her new store: Sales price per pair of sandals Variable expenses per pair of sandals Contribution margin per pair of sandals Fixed expenses per year: Building rental Equipment depreciation Selling Administrative Total fixed expenses $ 40 16 $ 24 $ 15,000 7,000 20,000 18,000 $ 60,000 3. Angie has decided that she must earn a profit of $18,000 the first year to justify her time and effort. How many pairs of sandals must be sold to attain this target profit? Unit sales to attain target profit. pairs

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