Gina Fox has started her own company, Foxy Shirts, which manufactures imprinted shirts for special oc- casions. Since she has just begun this operation, she rents the equipment from a local printing shop when necessary. The cost of using the equipment is $350. The materials used in one shirt cost $8, and Gina can sell these for $15 each. (a) If Gina sells 20 shirts, what will her total rev- enue be? What will her total variable cost be? (b) H ow many shirts must Gina sell to break even? What is the total revenue for this? Can this answer please be in MS-Excel spreadsheet
Gina Fox has started her own company, Foxy Shirts, which manufactures imprinted shirts for special oc- casions. Since she has just begun this operation, she rents the equipment from a local printing shop when necessary. The cost of using the equipment is $350. The materials used in one shirt cost $8, and Gina can sell these for $15 each. (a) If Gina sells 20 shirts, what will her total rev- enue be? What will her total variable cost be? (b) H ow many shirts must Gina sell to break even? What is the total revenue for this? Can this answer please be in MS-Excel spreadsheet
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter1: Expressions And Functions
Section: Chapter Questions
Problem 36SGR
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Gina Fox has started her own company, Foxy Shirts, which manufactures imprinted shirts for special oc- casions. Since she has just begun this operation, she rents the equipment from a local printing shop when necessary. The cost of using the equipment is $350. The materials used in one shirt cost $8, and Gina can sell these for $15 each.
(a) If Gina sells 20 shirts, what will her total rev- enue be? What will her total variable cost be? (b) H ow many shirts must Gina sell to break even?
What is the total revenue for this?
Can this answer please be in MS-Excel spreadsheet
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