Posted by **fay** on Friday, July 6, 2012 at 7:24pm.

The Math-Is-Fun T-shirt Company manufactures and sells screen-printed t-shirts. The fixed costs of operation for the company are $75,750 per month. T-shirts are sold to wholesale buyers for $8.99 each, but only cost the company $3.20 each to produce. If the T-shirt Company manufactures and sells 50,000 T-shirts in July, what will be their net profit for the month?

- math -
**Steve**, Friday, July 6, 2012 at 11:34pm
cost: 75750 + 50000*3.20

revenue: 50000*8.99

profit: 50000*(8.99-3.20) - 75750 = 213,750

Technically, this is the gross profit. If you subtract other costs like taxes, insurance, etc. what's left is the net profit. Gross profit is just based on the revenue/cost of goods, and does not include other, maybe variable costs.

## Answer this Question

## Related Questions

- math - For a fundrasier, the Best Buddies club sold t-shirts. The adult shirts ...
- accounting - "Harris Company manufactures and sells a single product. A ...
- 11th grade Algebra 2 - Some students want to order shirts with their school logo...
- supply chain - Suppose that a manufacturer of men's shirts can produce a dress ...
- math HELP! - Kara's custom tees experienced fixed costs of $300 and variable ...
- math - teemu's t-shirts designs and manufactures t-shirts for a $15 flat design ...
- math - teemu's t-shirts designs and manufactures t-shirts for a $15 flat design ...
- math - a company manufactures a toy at a cost of Rm2 per unit and sells them for...
- Math - A mail-order company charges $12 for each shirt. Shipping costs $f per ...
- math - When the Senior class decided to order T-shirts, they were quoted a price...

More Related Questions