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You are making and selling T-shirts on campus. The price is $20, unit variable cost is $15/unit, and total fixed costs are$2,000. Write down
You are making and selling T-shirts on campus. The price is $20, unit variable cost is $15/unit, and total fixed costs are$2,000. Write down the CVP relation (version 2) profit as a function of sales revenue. Profit= *Revenue- Based on the CVP relation, you will break-even at a revenue of $ To achieve target profit of $5,000, you will need to make a revenue of $
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