e I https/l t 4-4 Week 4 Problems Problem 5-24 Break-Even and Target Profit Analysis [LO5-5, LO5-6] The Shirt Works sells a large variety of tee shirts and sweatshirts. Steve Hooper, the owner, is thinking of expanding his sales by hiring high school students, on a commission basis, to sell sweatshirts bearing the name and mascot of the local high school. These sweatshirts would have to be ordered from the manufacturer six weeks in advance, and they could not be returned because of the unique printing required. The sweatshirts would cost Hooper $19.00 each with a minimum order of 400 sweatshirts. Any additional sweatshirts would have to be ordered in increments of 50 Since Hooper's plan would not require any additional facilities, the only costs associated with the project would be the costs of the sweatshits and the costs of the sales commissions. The seling price of the sweatshirts would be $3800 each. Hooper would pay the students a commission of $5.00 for each shirt sold Required: 1 What level of unit sales and dollar sales is needed to attain a target profit of $9,800? 2 Assume that Hooper places an initial order for 400 sweatshirts. What is his break-even point in unit sales and dollar sales? (Round your intermediate celculations and final enswers to the nearest whole number.) 1. Unit sales needed to atain the target proft sales needed to attain the target prote point in unt sales eak-even point in dolar saies