The Shirt Works sells a large variety of tee shirts and sweatshirtsSteve Hooper , the owner, is thinking of expanding his sales by hiring high school students, on a commission basis, 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 requiredThe sweatshirts would cost Hooper $19 00 each with a minimum order of 238 sweatshirts Any additional sweatshirts would have to be ordered in increments of 238 Since Hooper's plan would not require any additional 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 $38 00 eachHooper would pay the students a commission of $600 for each shirt sold Required What level of unit sales and dollar sales is needed to attain a target profit of $12 376 Assume that Hooper places an initial order for 238 sweatshirtsWhat is his break even point in unit sales and dollar sales (Round your intermediate calculations , round Break even point in unit sales up to the nearest whole unit and round Break even point in dollar sales to the nearest whole dollar ) How many sweatshirts would Hooper need to sell to earn a torget profit of $13,923 (Round final answer up to the nearest whole unit ) The Shint Works sells a large variety of tee shirts and sweatshirts Steve Hooper, the ownet, is thinking of expanding his sales by hinng high school students, 'on a commission basis, 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 retned because of the unique printing required The sweatshirts would cost Hooper $1900 eoch with o minimum order of 238 swetshirts Any additional sweatshirts would have to be ordered in increments of 238 Since Hooper's plan would not require any additional 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 $3800 each Hooper would pay the students a commission of $6 00 for each shirt sold Required 1 What level of unit sales and dollar sales is needed to attain a target profit of $12,376 2 Assume that Hooper places an initial order for 238 sweatshirts What is his break even point in unit sales and dollar sales (Round your intermediate calculations, round Break even 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 sweatshirts would Hooper need to sell to earn o target profit of $13,923 (Round final answer up to the nearest whole unit )

The Answer is in the image, click to view ...

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 14, 2024

The Shirt Works sells a large variety of tee shirts and sweatshirtsSteve Hooper , the owner, is thinking of expanding his sales by hiring high

The Shirt Works sells a large variety of tee shirts and sweatshirtsSteve Hooper , the owner, is thinking of expanding his sales by hiring high school students, on a commission basis, 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 requiredThe sweatshirts would cost Hooper $19.00 each with a minimum order of 238 sweatshirts Any additional sweatshirts would have to be ordered in increments of 238 Since Hooper's plan would not require any additional 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 $38.00 eachHooper would pay the students a commission of $600 for each shirt sold Required: What level of unit sales and dollar sales is needed to attain a target profit of $12.376? Assume that Hooper places an initial order for 238 sweatshirtsWhat is his break-even point in unit sales and dollar sales? (Round your intermediate calculations , round "Break -even point in unit sales" up to the nearest whole unit and round "Break-even point in dollar sales to the nearest whole dollar ) How many sweatshirts would Hooper need to sell to earn a torget profit of $13,923 (Round final answer up to the nearest whole unit.) image text in transcribed

The Shint Works sells a large variety of tee shirts and sweatshirts. Steve Hooper, the ownet, is thinking of expanding his sales by hinng high school students, 'on a commission basis, 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 retned because of the unique printing required. The sweatshirts would cost Hooper $1900 eoch with o minimum order of 238 swetshirts. Any additional sweatshirts would have to be ordered in increments of 238 Since Hooper's plan would not require any additional 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 $3800 each. Hooper would pay the students a commission of $6.00 for each shirt sold Required: 1. What level of unit sales and dollar sales is needed to attain a target profit of $12,376 ? 2. Assume that Hooper places an initial order for 238 sweatshirts. What is his break-even point in unit sales and dollar sales? (Round your intermediate calculations, round "Break-even 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 sweatshirts would Hooper need to sell to earn o target profit of $13,923 ? (Round final answer up to the nearest whole unit.)