Exercise $11-11$A $($Algo$)$ Fixed versus variable cost behavior LO $11-1,11-2$

Munoz Entertainment sells souvenir T$-$shirts at each rock concert that it sponsors. The shirts cost $\backslash$$$6$ each. Any excess shirts can be returned to the manufacturer for a full refund of the purchase price. The sales price is $\backslash (\backslash$$ $29\backslash )$ per shirt.

Required

a$.$ What are the total cost of shirts and cost per shirt if sales amount to $2,000,2,500,3,000,3,500,$ or $4,000?$

b$.$ Is the cost of T$-$shirts a fixed or a variable cost?

Complete this question by entering your answers in the tabs below.

What are the total cost of shirts and cost per shirt if sales amount to $\backslash (2,000,2,500,3,000,3,500\backslash ),$ or $4,000?$