Question: Veritas is a startup that makes running t-shirts using high-tech fabric. The company has the following cost structure: Total cost = $50,000 + ($25 number

Veritas is a startup that makes running t-shirts using high-tech fabric. The company has the following cost structure:

Total cost = $50,000 + ($25 number of t-shirts)

Assume that 5,000 t-shirts are budgeted for the month of April. Calculate the total cost for the month of April.

Assume that 5,000 t-shirts are budgeted for the month of April. Calculate the total variable cost for the month of April.

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