help!!!

Lou's class is selling T-shirts for a fundraiser. The supplier charges $750 for the initial design and set-up plus $5 for each imprinted T-shirt. The students sell the T-shirts for $15 each. a) How many T-shirts do the students need to sell to break even? b) How much profit will the students make if they sell 150 T-shirts?

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ewomazinoade ewomazinoade · Answer 1 · 2022-06-13T18:10:56+02:00

The number of shirts that should be sold in order to breakeven is 75.

The profit when 150 shirts are sold is $750.

When there is a breakeven, profit earned is zero.

The equation that can be used to determine the number of shirts to be sold to break even is:

Total selling price = fixed cost + (total variable cost)

$15t = $750 + $5t

Where t is the number of t-shirts sold

$15t - $5t = $750

$10t = $750

t = 75

Profit is the total selling price less cost price

(150 X $15) - $750 - ($5 x 150)

$2,250 - $750 - $750 = $750

To learn more about profit, please check: https://brainly.com/question/26181966

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