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You are the manager of a small shoe store named Steps in Style, and your sales last month were $120,000. Name brand sneakers account for
You are the manager of a small shoe store named Steps in Style, and your sales last month were $120,000. Name brand sneakers account for approximately 30 percent of your sales, women's shoes make up 45 percent, children's shoes make up 15 percent, and accessories like socks and shoelaces account for 10 percent. You have shrinkage of 0.75 percent of your sales. On average, you pay your wholesaler $20 per pair of shoes, but you sell each pair for $40. You ordered 3,200 pairs of shoes last month and sold 3,000. See if you can configure your break-even point.
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