[hoodie] A UF fraternity is selling custom Gator hoodies to…
[hoodie] A UF fraternity is selling custom Gator hoodies to fundraise for a philanthropy event. The costs are: Total Fixed Costs (FC): $6,000 (setup, promotion, and table rental) Variable Cost (VC) per hoodie: $20 The fraternity estimates that sales could range from 300 to 500 hoodies depending on student demand. To guarantee that the fraternity at least breaks even, what is the minimum price per hoodie they should charge?
Read Details