Maria Clara has started her own company, Clara Shirts, which manufactures imprinted shirts for special occasions. Since she has just begun this operation, she rents the equipment from a local printing shop when necessary. The cost of using the equipment is P350. The materials used in one shirt cost P8, and Maria can sell these for P15 each. When Maria achieved the break even point, what is her total revenue?

Maria Clara has started her own company, Clara Shirts, which manufactures imprinted shirts for special occasions. Since she has just begun this operation, she rents the equipment from a local printing shop when necessary. The cost of using the equipment is P350. The materials used in one shirt cost P8, and Maria can sell these for P15 each. When Maria achieved the break even point, what is her total revenue?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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