The Lakewood baseball team is selling T-shirts for a fundraiser. The shirts cost $100 for the printing design and setup, plus $10 per shirt. The team is going to sell the shirts for $15 each. How many shirts do they need to sell to break even?(1 point)...
To break even, the team needs to cover both the printing cost and the cost of each shirt.
Printing cost: $100
Cost per shirt: $10
Selling price per shirt: $15
Let's find the total cost first:
Total cost = printing cost + (number of shirts * cost per shirt)
Total cost = $100 + ($10 * number of shirts)
Now, let's find the revenue:
Revenue = number of shirts * selling price per shirt
Revenue = $15 * number of shirts
To break even, the total cost must be equal to the revenue:
$100 + ($10 * number of shirts) = $15 * number of shirts
Simplifying the equation:
$100 = $15 * number of shirts - $10 * number of shirts
$100 = $5 * number of shirts
Dividing both sides of the equation by $5:
$100 / $5 = number of shirts
20 = number of shirts
Thus, the team needs to sell 20 shirts to break even.