Question: Question 7 [5 points] opts Alan wants to start a business printing custom logo T-shirts. The required equipment costs $2,000 and that each shirt will

Question 7 [5 points] opts Alan wants to start a
Question 7 [5 points] opts Alan wants to start a business printing custom logo T-shirts. The required equipment costs $2,000 and that each shirt will require $7.02 in materials. He estimates that he can sell 700 shirts in his first month of operations, and is hoping to recoup his equipment npts costs over that period For full marks your answer should be rounded to the nearest cent npts a) What must his contribution margin be to achieve this? npts Contribution Margin = $ 0.00 pts b) What selling price does this correspond to? Selling Price = $ 0.00 mpts

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