To determine how many shirts the Lakewood baseball team needs to sell to break even, we can set up an equation based on their costs and revenue.
Costs:
- Fixed cost for printing design and setup: $100
- Variable cost per shirt: $10
Total cost \( C \) for \( x \) shirts can be calculated as: \[ C = 100 + 10x \]
Revenue:
- Selling price per shirt: $15
Total revenue \( R \) from selling \( x \) shirts is: \[ R = 15x \]
Break-even point: To break even, total revenue must equal total costs: \[ R = C \] \[ 15x = 100 + 10x \]
Now, we'll solve for \( x \):
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Subtract \( 10x \) from both sides: \[ 15x - 10x = 100 \] \[ 5x = 100 \]
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Divide both sides by 5: \[ x = \frac{100}{5} \] \[ x = 20 \]
Thus, the team needs to sell 20 shirts to break even.