Standard Form: 702.656
Expanded Form: 700+2+0.6+0.05+0.006
Answer:
Julie need to sell at least 45 shirts to break even.
Step-by-step explanation:
The selling cost of each shirt = $ 20
Cost of each shirt = $6
The fixed cost per month = $420
Number of shirts she can make = 80
Hence, the <u>cost of making 80 shirts</u> = 80 x $6 = $480
So, her total capital investment of the month
= Cost of shirts made + Fixed cost = $420 + $480 = $900
Now, let us assume she sell k number of shirts.
⇒ $20 x k = $900
or, k = 900 / 20 = 45
or, k = 45
Hence, Julie need to sell at least 45 shirts to break even.
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