Question: (Please show every step as much as possible, this is very helpful for me to understand this question. Thank you very much for your help!)

(Please show every step as much as possible, this is very helpful for me to understand this question. Thank you very much for your help!)

 (Please show every step as much as possible, this is very

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 Fixed manufacturing overhead is $32,000 per year and xed selling and administration costs are $63,000 per year. Tulip Co. sold 3,300 pairs of shoes last year. a. Prepare a Contribution Margin Income Statement for Tulip Co. for last year. b. What is the breakeven point in pairs of shoes? c. What is the breakeven point in dollars? d. The company is considering decreasing the selling price per unit by 10% next year. By how much will sales, in units, haygtg increase in order to earn the same income as was the case last year

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