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Tulip Co. produces a special type of shoe that it sells to the busing profession around the world The shoes sell for $100 a pair.

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Tulip Co. produces a special type of shoe that it sells to the busing profession around the world The shoes sell for $100 a pair. Variable unit costs are as follows: $33 Direct Materials Other variable manufacturing costs 24 Sales Commissions Total Variable costs 560 Fixed manufacturing overhead is $32.000 per year and fixed selling and administration costs are S68,000 per year. Tulip Co. sold 3.300 pairs of shoes last year. 3 a. Prepare a Contribution Margin Income Statement for Tulip Co. for last year. b. What is the breakeven point in pairs of shoes? c. What is the breakeven point in dollars? d. The company is considering decreasing the selling price per unit by 10% next year By how much will sales, in units, have to increase in order to earn the same income as was the case last year

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