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es Required information [The following information applies to the questions displayed below.] Angie Silva has recently opened The Sandal Shop in Brisbane, Australia, a store that specializes in fashionable sandals. In time, she hopes to open a chain of sandal shops. As a first step, she has gathered the following data for her new store: Sales price per pair of sandals Variable expenses per pair of sandals Contribution margin per pair of sandals Fixed expenses per year: Building rental Equipment depreciation Selling Administrative Total fixed expenses Break-even point in unit sales Break-even point in dollar sales $.30 15 $ 15 pairs $ 11,300 11,300 Required: 1. What is the break-even point in unit sales and dollar sales? (Do not round intermediate calculations.) 9,000 13,400 $ 45,000

es Required information [The following information applies to the questions displayed below.] Angie Silva has recently opened The Sandal Shop in Brisbane, Australia, a store that specializes in fashionable sandals. In time, she hopes to open a chain of sandal shops. As a first step, she has gathered the following data for her new store: Sales price per pair of sandals Variable expenses per pair of sandals Contribution margin per pair of sandals Fixed expenses per year: Building rental Equipment depreciation Selling Administrative Total fixed expenses Break-even point in unit sales Break-even point in dollar sales $.30 15 $ 15 pairs $ 11,300 11,300 Required: 1. What is the break-even point in unit sales and dollar sales? (Do not round intermediate calculations.) 9,000 13,400 $ 45,000

FINANCIAL ACCOUNTING
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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es Required information [The following information applies to the questions displayed below.] Angie Silva has recently opened The Sandal Shop in Brisbane, Australia, a store that specializes in fashionable sandals. In time, she hopes to open a chain of sandal shops. As a first step, she has gathered the following data for her new store: Sales price per pair of sandals Variable expenses per pair of sandals Contribution margin per pair of sandals Fixed expenses per yeart Building rental Equipment depreciation Selling Administrative Total fixed expenses Break-even point in unit sales Break-even point in dollar sales $.30 pairs 15 $ 15 $ 11,300 11,300 Required: 1. What is the break-even point in unit sales and dollar sales? (Do not round intermediate calculations.) 9,000 13,400 $ 45,000
Transcribed Image Text:es Required information [The following information applies to the questions displayed below.] Angie Silva has recently opened The Sandal Shop in Brisbane, Australia, a store that specializes in fashionable sandals. In time, she hopes to open a chain of sandal shops. As a first step, she has gathered the following data for her new store: Sales price per pair of sandals Variable expenses per pair of sandals Contribution margin per pair of sandals Fixed expenses per yeart Building rental Equipment depreciation Selling Administrative Total fixed expenses Break-even point in unit sales Break-even point in dollar sales $.30 pairs 15 $ 15 $ 11,300 11,300 Required: 1. What is the break-even point in unit sales and dollar sales? (Do not round intermediate calculations.) 9,000 13,400 $ 45,000
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