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Kate Connor, a teacher at Meadow Middle School. is in charge of ordering the T-shirts to be sold for the school's annual fund-raising project The

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Kate Connor, a teacher at Meadow Middle School. is in charge of ordering the T-shirts to be sold for the school's annual fund-raising project The T-shirts ore printed with a specuW Meadow School logo. In some year, the supply of T-shirts has boon insufficient to satisfy the number of sales orders In ether years. T-shirts have been left over. Excess T-shirts we normally donated to some charitable organization T-shirts coat the school $7 each and are normally sold for $15 each Ms Connor has decided to order 800 shirts. Required a. If the school receives actual sales orders for 725 shirts, what amount of profit will the school earn? What is the cost of waste due to excess inventory? profit Waste due to excess inventory b. If the school receives actual sales orders for 825 shirts, what amount of profit will the school earn? What amount of opportunity cost will the school incur? Profit Opportunity cost

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