15-5B. (Fixed costs and the break-even point) Cypress Books expects to earn $55,000 next year after taxes. Sales will be $400,008. The store is located near the shopping district surrounding Sheffield...

15-5B. (Fixed costs and the break-even point) Cypress Books expects to earn $55,000 next year after taxes. Sales will be $400,008. The store is located near the shopping district surrounding Sheffield University. Its average product sells for $28 a unit. The variable cost per unit is $18. The store experiences a 45 percent tax rate.


What are the store’s fixed costs expected to be next year?
Calculate the store’s break-even point in both units and dollars.