Use the following scenario to answer the next set of questio…
Use the following scenario to answer the next set of questions: Buzz Athletic Apparel annually sells 30,000 Georgia Tech branded cotton T-shirts through distributors who then sell the shirts for $20 to retailers like Dick’s Sporting Goods who then sell them on to consumers for $32 each. Buzz’s costs of goods are $9 per shirt and they are required to pay a licensing fee to Georgia Tech for $1 for every shirt that they sell via distributors. This fee is only charged on those shirts sold to the distributors. The distributors’ margins are 20%.