1. You are in the business of printing specialised t-shirts which you can sell for $25 each and at present you are selling 150 t-shirts a month. The cost of a t-shirt is $ 6 and the cost of printing materials for each one is $ 4. The overall cost of running your home-based business for a month, in terms of office expenses, printing machine depreciation, electricity and rent etc amount to $300.

If your tax rate was 30%, how many t-shirts would you need to sell to make a profit after tax of $ 2,100 per month?

2.

Adelaide United FC offers premium tickets for $40 and regular tickets for $30 for a match.

• Variable costs are $10 for each premium and $5 for each regular ticket sold. This is because part of the players' bonuses comes from how many tickets are sold
• 40% of tickets sold are premium and 60% regular
• Fixed Costs for the season (e.g. salaries, rent, insurance) are $4,000,000

How many tickets do they need to sell over the season to break even?