The One Price Shoe Company is a retailer of shoes. Though it sells a variety of styles of both men's an- women's shoes, all styles have identical costs per pair and identical selling prices. Sales persons receiv a fixed salary plus a commission on each pair of shoes sold. The company is considering opening a second outlet and has estimated the following revenues and costs for the new store: Unit (per pair) variable data: Selling price $45.00 Cost of shoes 29.25 Sales commissions 2.25 Annual fixed costs: $90,000 300,000 Rent Salaries Advertising Other fixed costs 120,000 30,000 Required: Based on the above estimates, what will be the proposed new store's breakeven point in pairs sold? In revenues? 1. (2 marks) 2. If 35,000 pairs are sold what will be the store's operating income (loss)? 3. If the commissions to sales persons are discontinued and replaced with an additional $105,750 im salaries to salespersons, what will be the annual breakeven point in pairs sold? In revenue? (2 marks) (2 marks) 4. Refer to the original data. If the store manager was paid $0.45 per pair sold in addition to her/h fixed salary, what would be the annual breakeven point in pairs sold? In revenue? (3 marks) 5. Refer to the original data. If the store manager was paid $0.45 per pair sold in excess of the breakeven point, what would be the store's operating income if 50,000 pairs are sold? (The commission is in addition to the manager's salary) (3 marks) Show all of your calculations in a presentable report for management's purposes. Include your recommendations in your report. (3 marks) Use contribution margin per unit in calculating numbers of pairs and contribution margin ratio to calculate $ sales amounts. Where necessary round pair calculations to the next higher full pair and ales amounts to the next higher $100