Question: Please provide a comprehensive step-by-step solution to this problem, thank you. Tulip Co. produces a special type of shoe that it sells to the nursing
Please provide a comprehensive step-by-step solution to this problem, thank you.

Tulip Co. produces a special type of shoe that it sells to the nursing profession around the world. The shoes sell for $100 a pair. Variable unit costs are as follows: Direct Materials $33 Other variable manufacturing costs 24 Sales Commissions _3 Total Variable costs $5.0 Fixed manufacturing overhead is $32,000 per year and xed selling and administration costs are $68,000 per year. Tulip Co. sold 3.300 pairs of shoes last year. Prepare a Contribution Margin Income Statement for Tulip Co. for last year. What is the breakeven point in pairs of shoes? What is the breakeven point in dollars? The company is considering decreasing the selling price per unit by 10% next year. By how much will sales, in units, have to increase in order to earn the same income as was the case last year?. 9.0.35
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