To find the number of shirts the Lakewood baseball team needs to sell to break even, we need to set up an equation based on costs and revenues.
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Cost to produce the shirts:
The fixed cost for printing design and setup is $100.
The variable cost per shirt is $10.
If is the number of shirts sold, the total cost can be represented as:
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Revenue from selling the shirts:
The team sells each shirt for $15. Thus, the revenue from selling shirts is:
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Break-even point:
To break even, the total revenue must equal the total cost:
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Solve for
: Subtract from both sides:
Then, divide by 5:
The Lakewood baseball team needs to sell 20 shirts to break even.