1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ValentinkaMS [17]
3 years ago
11

Gina Fox has started her own company, Foxy Shirts, which manufactures imprinted shirts for special oc- casions. Since she has ju

st 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) How many shirts must Gina sell to break even? What is the total revenue for this?
Business
1 answer:
Rudiy273 years ago
7 0

Answer:

a. $300 and $60

b. 50 shirts and $750

Explanation:

The computation is shown below:

a. The total revenue would be  

= Number of shirts sold × selling price per shirts

= 20 shirts × $15

= $300    

The variable cost would be

= Number of shirts sold × materials used in one shirt

= 20 shirts × $8

= $160

b. The net profit is

= Selling price per shirts - materials used in one shirt

= $15 - $8

= $7

And, the cost of using the equipment is $350

So, the break-even sales is

= $350 ÷ $7

= 50 shirts

And, the revenue is

= 50 shirts × $15

= $750

You might be interested in
Managing team _____ is the most important skill required for effective team management.
vladimir2022 [97]
Managing team conflict is the most important skill required for effective team management. 
A conflict is a situation when the interests, needs, goals are values of involved parties interfere with one another. Therefore, it is important to understand various conflict resolution techniques. Conflict resolution is a method and process that is involved in facilitating the peaceful ending of conflict and retribution. Conflict  situations are an important aspect of the workplace. 
4 0
4 years ago
Macrophages are cells that play a role in the response of the immune system of mice and other mammals to invasive organisms such
vodka [1.7K]

Answer:

(C) In mice, macrophages play a role in the production of nitrates or inhibit a process by which nitrates are broken down or otherwise eliminated.

8 0
4 years ago
What is one reason that more affluent individuals may experience better health?
andrew-mc [135]
They can afford top notch healthcare
3 0
3 years ago
A Broker Price Opinion (BOP) and Competitive Market Analysis (CMA) are estimates of value created by real estate licensees for m
dimulka [17.4K]

Answer:

This evaluation was prepared by a licensed real estate broker and is not an appraisal. This evaluation cannot be used for the purposes of obtaining financing.

Explanation:

4 0
3 years ago
A. 8$ <br> B. 9$<br> C. 10$<br> D. 30$
Reptile [31]
The equilibrium is the middle, or the point where the lines meet
So when we look at the point at which they lie at, we can see that it isn't exactly eight and it isn't exactly ten, it's in between those two numbers
So the answer is nine dollars
6 0
3 years ago
Other questions:
  • Lora is a manager at a large car dealership and service shop. She oversees the transformation process and manages the logistics,
    5·1 answer
  • Determine the amount to be paid in full settlement of each invoice, assuming that credit for returns and allowances was received
    15·1 answer
  • An approach of open communication and collaborative decision making suggests which type of leadership
    15·1 answer
  • Jasmine has a gross pay of $754.80. By how much will Jasmine's gross pay be reduced if she has the following items withheld?
    10·2 answers
  • Leadership is a necessary (but not sufficient) condition for organizational success. Leaders should emerge at which level(s) of
    11·1 answer
  • Johni's Company
    13·1 answer
  • The journal entry for the purchase of inventory on account using the periodic inventory system is Date Accounts and Explanation
    9·2 answers
  • Zing Coffee Company produces Columbian coffee in batches of 6,500 pounds. The standard quantity of materials required in the pro
    13·1 answer
  • Which of the following statements
    11·1 answer
  • Which it visionary and ceo revolutionized how we communicate with his company named after a fruit?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!