The cost of using the equipment is 250 the materials used


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 $250. The materials used in one shirt cost $10, and Gina can sell these for $15 each. How many shirts must Gina sell to break even?

a) 70 shirts
b) 40 shirts
c) 50 shirts
d) 80 shirts

 

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Finance Basics: The cost of using the equipment is 250 the materials used
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