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The Fashion Shoe Company operates a chain of women's shoe shops that carry many styles of shoes that are all sold at the same price. Sales personnel in the shops are paid a sales commission on each pair of shoes sold plus a small base salary.
The following data pertains to Shop 48 and is typical of the company's many outlets:
Per Pair of Shoes
Selling price $ 30.00
Variable expenses:
Invoice cost $ 9.50
Sales commission 5.50
Total variable expenses $ 15.00
Annual
Fixed expenses:
Advertising $ 58,000
Rent 37,000
Salaries 190,000
Total fixed expenses $ 285,000
Problem 1: Refer to the original data. The company is considering eliminating sales commissions entirely in its shops and increasing fixed salaries by $30,700 annually. If this change is made, what will be Shop 48's new break-even point in unit sales and dollar sales? (Do not round intermediate calculations.)
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