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

Answer 1

Answer:

$300

Explanation:

Gina fox have started her own company where she shirts are imprinted for special occasions

The cost of using equipments for the short production is $350

The materials used in one shirt costs $8

The selling price is $15

Therefore if Gina sells 20 shirts then, her total revenue can be calculated as follows

= Selling price × number of shirts that was sold

= $15 × 20

= $300

Hence Gina's total revenue is $300