Question: Complete Phase I: Req #4) Write out the yearly cost formula in a Y = a + bX format. Be sure to include both manufacturing

Complete Phase I: Req #4) Write out the yearly cost formula in a Y = a + bX format. Be sure to include both manufacturing costs and nonmanufacturing costs in the cost formula. Complete Phase I: Req #5) Assume that you make and sell 7,800 t-shirts in the first year. Use the cost formula to calculate your first year's total cost. If you sell these t-shirts at $15 each, how much would your net profit be in the first year? Submit your answers in a .doc, .docx, excel, or PDF file format (or similar compatible format) to this drobox by Monday, 4/4, by end of day. Please ensure that all proper formatting is used where required (e.g., statements MUST have proper headings, FORMAL layout, etc., as learned in ACC116).

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