Shonda's Shoes sell for $95 per pair. If Shonda must sell a total of 284 pairs of shoes to break-even, and a total of 450 pairs to achieve her target profit, sales dollars needed to earn the target profit equals Blank______.

Question

Multiple choice question.

$69,730

$42,750

$26,980

Answer 1

To find the sales dollars needed to earn the target profit, we first calculate how many pairs of shoes need to be sold to achieve the target profit, which is given as 450 pairs.

The price per pair of shoes is $95.

Now, we calculate the total sales needed to sell 450 pairs:

\[ \text{Total Sales} = \text{Number of Pairs} \times \text{Price per Pair} \]

\[ \text{Total Sales} = 450 \times 95 \]

Calculating that gives:

\[ \text{Total Sales} = 42,750 \]

So, the sales dollars needed to earn the target profit equals $42,750.

Thus, the correct answer is:

$42,750.