Use below information for Questions 7 to 8: zdenses 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 zdenses Inc. to produce 3,070 t-shirts from the same fabric. The factory has unused capacity, so Semahat Hanm, the owner of zdenses 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: Fabric in units DL hours Variable MOH costs Fixed MOH costs Skirts T-Shirts 6.80 3 2 1.20 $8.90 $15 $9.70 $4 Unit contribution margin for skirts is $49. Unit fabric cost is $18, DL per hour is $12. Q-7) Suppose zdenses 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 zdenses 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.)