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No Longer need, just refund my question Raffaello & Sons buys T-shirts in bulk, applies its own trendsetting silk-screen designs, and then sells the T-shirts
No Longer need, just refund my question
Raffaello & Sons buys T-shirts in bulk, applies its own trendsetting silk-screen designs, and then sells the T-shirts to a number of retailers. Raffaello wants to be known for its trendsetting designs, and it wants every teenager to be seen in a distinctive Raffaello T-shirt. Raffaello presents the following data for its first two years of operations, 2019 and 2020 E (Click the icon to view the data.) Read the requirements Data Table Requirement 1. Calculate Raffaello's operating income in both 2019 and 2020 2019 2019 2020 Revenues 1. Number of T-shirts purchased 225,500 257.000 Costs 2. Number of T-shirts discarded 20,500 24,000 Direct material costs 205,000 233,000 Administrative costs $ 32.00 $ 33.00 $ 15.00 Total costs 3. Number of T-shirts sold 4. Average selling price 5. Average cost per T-shirt 6. Administrative capacity (number of customers) 7. Administrative costs 8. Administrative cost per customer Operating income 17.00 $ 4,700 1,739,000 $ 370 $ $ 4,450 1,691,000 380 Administrative costs depend on the number of customers Raffaello has created capacity to support, not on the actual number of customers served. Raffaello had 4,300 customers in 2019 and 4,200 customers in 2020. Enter any number in the edit fields and then click Check Answer. ? Print Done 21 parts Check Answer remainingStep by Step Solution
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