KC and Adam have created a new line of sunglasses, called...
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KC and Adam have created a new line of sunglasses, called Shaydz. They are made of premium titanium and are extremely lightweight. They come in a variety of colours and designs and are unisex. They are guaranteed to protect eyes from UV rays and sun damage. KC and Adam have outsourced the production of these sunglasses to a local manufacturer, and each pair costs them $20. They operate a kiosk in Vaughan Mills and pay $900 in rent each month. Other overhead costs (aka fixed costs) include wages, insurance and maintaining their website, which total $568 per month. Each pair is sold for $45 at their kiosk and online. They hope to sell 175 pairs a month. 1. What is the variable cost for each pair of Shaydz? 2. What are the total fixed costs per month? 3. What is the fixed cost per pair of Shaydz? 4. How many pairs do KC \& Adam have to sell to break even? 5. What is the markup on each pair of Shaydz? 6. Calculate KC and Adam's profit/loss if they make and sell 175 pairs of Shaydz in one month
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