The fashion-plus clothing company (fpcc) is a well-known manufacturer of high quality clothing. fpcc is planning to introduce a new line of men's sport shirts next year. fpcc knows what it will cost to produce the shirts: cloth $2.20 per shirt
buttons .05 per shirt
thread .05 per shirt
direct labor 1.33 per shirt
shipping .27 per packaged shirtfpcc wants to follow a penetration pricing strategy in which the shirts will be priced $15.00 in the retail store. retailers are accustomed to a 40% markup on shirts. fpcc knows that it will incur advertising and selling costs of $30,000 the first year in order to introduce the new line. other fixed costs for the new shirts will be around $117,660. required: 1. what dollar sales will fpcc need to have at manufacturer's prices before it starts making a profit?