math
posted by fay .
The MathIsFun Tshirt Company manufactures and sells screenprinted tshirts. The fixed costs of operation for the company are $75,750 per month. Tshirts are sold to wholesale buyers for $8.99 each, but only cost the company $3.20 each to produce. If the Tshirt Company manufactures and sells 50,000 Tshirts in July, what will be their net profit for the month?

math 
Steve
cost: 75750 + 50000*3.20
revenue: 50000*8.99
profit: 50000*(8.993.20)  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.
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