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Use below information for Questions 7 to 8 : Altinda Inc. produces skirts from a special fabric. The fabric is special because of the way

Use below information for Questions 7 to 8 :
Altinda Inc. produces skirts from a special fabric. The fabric is special because of the way it fits many body types. A
well-known retail establishment has asked Altndag Inc. to produce 3,050 t-shirts from the same fabric. The factory has
unused capacity, so Semahat Hanm, the owner of Altnda Inc., calculates the cost of making a t-shirt from the fabric.
Per unit input consumption and cost data for the skirts and t-shirts are as follows:
Unit contribution margin for skirts is $45. Unit fabric cost is $16, DL per hour is $18.
Q-7) Suppose Altindag Inc. can acquire all the fabric that it needs. What is the minimum price the company should
charge for the t-shirts?
Q-8) Now suppose that the fabric is in short supply. Every unit of fabric Altinda Inc. uses to make t-shirts will reduce
the skirts that it can make and sell. What is the minimum price the company should charge for the t-shirts?
(Assume fractional number of skirts and t-shirts can be produced and sold.)
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