Question: Exercise 11-11 Fixed versus variable cost behavior LO 11-1, 11-2 Bell Entertainment sells souvenir T-shirts at each rock concert that it sponsors. The shirts cost

Exercise 11-11 Fixed versus variable cost behavior LO 11-1, 11-2 Bell Entertainment sells souvenir T-shirts at each rock concert that it sponsors. The shirts cost $7 each. Any excess shirts can be returned to the manufacturer for a full refund of the purchase price. The sales price is $16 per shirt. Required a. What are the total cost of amount to 2,000, 2,500, 3,000, 3,500, or 4,000? No o 500 4.000 Number of shirts sold Total cost of shirts Cost per shirt

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