PLEASE ANSWER THE REQUIREMENT NUMBER 4 ONLY. SHOW YOUR SOLUTION 16. New BEP, change in commission expense. Melsie Shirts operates a chain of storesDriend the country. The stores carry many styles of shirts that are all sold at the sameton ot pales personnel are paid substantial sales commission on each shirt sold onCHAPTER 5207PROFIT PLANNING AND COST-VOLUME-PROFIT ANALYSISPer YearPer ShirtP 45Sales priceVariable expenses:Invoice costSales commissionsTotal variable expensesFixed expenses:RentĀdvertisingSalariesTotal fixed expensesP 80,000280,000140.000P 500.00018Р 25Required:1.. Calculate the annual breakeven point in units and in pesos for Store 22.If 22,000 shirts are sold in a year, what would be Store 22's net income or loss?3. Suppose the company pays the store manager an incentive commission of P4 pershirt separate from that of the salespersons' commission, what will be the newbreakeven point in units and in pesos?4. Suppose the company pays the store manager an incentive commission of P4shirt separate from that of the salespersons' commission, what will be the newprofit or loss if 34,000 units shirts are sold?2.per

The net income is calculated as difference between revenues earned and expenses incurred during the…

Answered: 4. Suppose the company pays the store…

4. Suppose the company pays the store manager an inčéhtive shirt separate from that of the salespersons' commission, what will be the new profit or loss if 34,000 units shirts are sold?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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