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Sole Company manufactures running shoes The selling price per pair of shoes one unit averages 80 and variable costs per pair are 4750 The sales volume of 776000 produces 100750 of net

Sole Company manufactures running shoes. The selling price per pair of shoes (one unit) averages $80 and variable costs per pair are $47.50. The sales volume of $776,000 produces $100,750 of net income before taxes. 
 Required:
a. Compute total fixed costs.
b. Compute total variable costs.
c. Compute the break-even point in units.
d. Compute the quantity of units above breakeven to reach targeted net income before taxes.

Jun 10 2021 View more View Less

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