To calculate the break-even point for the Lakewood baseball team's T-shirt fundraiser, we need to establish the costs, revenue, and the break-even formula.
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Costs:
- Fixed costs (printing design and setup): $200
- Variable cost per shirt: $8
- Total cost per shirt: \(8x + 200\) (where \(x\) is the number of shirts sold)
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Revenue:
- Selling price per shirt: $12
- Total revenue: \(12x\) (where \(x\) is the number of shirts sold)
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Break-even point: At the break-even point, total revenue equals total costs.
\[ 12x = 8x + 200 \]
Now, let's solve for \(x\):
\[ 12x - 8x = 200 \]
\[ 4x = 200 \]
\[ x = \frac{200}{4} = 50 \]
The Lakewood baseball team needs to sell 50 shirts to break even.