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Calculate the number of shoes that need to be sold

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Question - Lilly Inc. sells shoes for $134 each. The variable costs per shoe are $43 and the fixed costs per week are $8,827.

a. Calculate the number of shoes that need to be sold every week to break even.

b. If 88 shoes were sold, calculate the net income in a week.

c. How many shoes must be sold to make a profit of $1,843.00 in a week?

Reference no: EM132594095

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