Another shoe manufacturer, Shoes 4U, makes three models of shoe and they wish you to determine their break-even point in dollars.
- Their monthly fixed cost is $6000.
- The price of the Dress Shoe is $10, it costs $6 to manufacture and annual sales are forecasted at 18000 pairs.
- The price of the Sandle Shoe is $3, it costs $1 to manufacture and annual sales are forecasted at 18000 pairs.
- The price of the Runner Shoe is $4, it costs $2 to manufacture and annual sales are forecasted at 14000 pairs.
What is the break-even point in dollars?