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Vernon Entertainment sells souvenir T-shirts at each rock concert that it sponsors. The shirts cost $14 each. Any excess shirts can be returned to the
Vernon Entertainment sells souvenir T-shirts at each rock concert that it sponsors. The shirts cost $14 each. Any excess shirts can be returned to the manufacturer for a full refund of the purchase price. The sales price is $26 per shirt.
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What are the total cost of shirts and cost per shirt if sales amount to 8,000, 8,500, 9,000, 9,500, or 10,000?
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Is the cost of T-shirts a fixed or a variable cost?
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What are the total cost of shirts and cost per shirt if sales amount to 8,000, 8,500, 9,000, 9,500, or 10,000?
Number of shirts sold 8,000 8,500 9,000 9,500 10,000 Total cost of shirts Cost per shirt
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