Question

Gina Fox has started her own company, Foxy Shirts, which manufactures imprinted shirts for special occasions. 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.

Question 1 of 8

10.0 Points

If Gina sells 20 shirts, her total revenue will be _________.

A. 250

B. 200

C. 150

D. 300

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Question 2 of 8

10.0 Points

If Gina sells 20 shirts, her total variable cost will be _________.

A. 160

B. 180

C. 120

D. 140

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Question 3 of 8

20.0 Points

Based on the above information, Gina must sell shirts to break even. (Hint: Please enter a single number only and round it to an integer if necessary. No decimal points.)
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Question 4 of 8

10.0 Points

Based on the calculation in the previous question, Gina's total revenue at the breakeven point of output is . (Hint: Please enter a single number only and round it to an integer if necessary. No decimal points.)
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Answer 1