Question

Shonda's Shoes sell for $95 per pair. If Shonda must sell 284 pairs of shoes to break-even, sales dollars needed to break-even equals $ [blank]. (Enter your answer as a whole number.)

Answer 1

To calculate the sales dollars needed to break-even, you multiply the price per pair of shoes by the number of pairs needed to break-even.

Given:
- Price per pair of shoes = $95
- Number of pairs needed to break-even = 284

Now, calculate the sales dollars needed to break-even:

Sales dollars needed to break-even = Price per pair × Number of pairs
Sales dollars needed to break-even = $95 × 284 = $26,980

So, the sales dollars needed to break-even equals $26,980.