Data table Requirement 1. If monthly sales are 1,200 tech shirts, what is the full cost per tech shirt? (Round all currency amounts to the nearest cent.) Total full cost per tech shirt RipRun has only been earning a(n) \% profit margin on each tech shirt sold. Profits are lower than normal because RipRun has not been aware of how the tech shirts. costs have been affecting overall profits. The decision to base prices on 40% markup of direct costs has been costs have been affecting overall profits. The decision to base prices on 40% markup of direct costs has been in recovering all costs plus desired profits related to providing the Data table Requirement 3. What price must RipRun charge to recover all costs and earn a 20% margin on all sales? (Round to the nearest cent.) RipRun must charge $ to earn a 20% margin on all sales. Requirement 4. What implications will a potential price increase have on RipRun and/or its customers? How might the owners address any negative reactions from customers? If RipRun increases its price, they customers. The owners of RipRun
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