Question: Exercise 1 1 - 1 1 A ( Algo ) Fixed versus variable cost behavior LO 1 1 - 1 , 1 1 - 2

 Exercise 11-11A (Algo) Fixed versus variable cost behavior LO 11-1,11-2 Rooney
Exercise 11-11A (Algo) Fixed versus variable cost behavior LO 11-1,11-2
Rooney Entertainment sells souvenir T-shirts at each rock concert that it sponsors. The shirts cost $6 each. Any excess shirts can be returned to the manufacturer for a full refund of the purchase price. The sales price is $22 per shirt.
Required
a. What are the total cost of shirts and cost per shirt if sales amount to 8,000,8,500,9,000,9,500, or 10,000?
b. Is the cost of T-shirts a fixed or a variable cost?
Complete this question by entering your answers in the tabs below.
Required A
Required B
What are the total cost of shirts and cost per shirt if sales amount to 8,000,8,500,9,000,9,500, or 10,000?
\table[[Number of shirts sold,8,000,8,500,9,000,9,500,10,000],[Total cost of shirts,,,,,],[Cost per shirt,,,,,]]
Required A
Entertainment sells souvenir T-shirts at each rock concert that it sponsors. The

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