ASSIGNMENT 1) You just started your own business (U-SHIRT!) printing customers own design on T-shirts. You rent the equipment and facility for LE 3,500/month. The raw material cost (plain white T-shirt) is LE 80, and you charge 150 to se the T-shirt: a) If you manage to sell 200 T-shirts .. What are the total revenues, what are the total variable costs? b) How many T-shirts do you need to sell to break-even. 2) You are already considering your second startup selling popcorn. You have determined that 1 bag shall be sold at LE 10. The rent and equipment cost LE 1,000 monthly, and the paper bags , salt etc. cost LE 3 per bag sold. Your expected monthly sales are predicted as follows: . 2 Days Units sold 1 0 3 200 5 300 6 400 7 400 9 500 10 500 100 250 400 . a) Compute the Revenues Stream for the first 10 days b) Compute the Expenses Stream for the first 10 days c) When is the first day you will begin to finally make profits