At the end of the school year, Kate asked her teacher if she could have the 3 boxes of 64 crayons since they were all worn down to small pieces.  The teacher agreed.  Kate took the crayons home and decided to make crayon muffins by melting 8 small pieces of crayons together in a muffin tin that she placed in an oven for a few minutes. If she can sell her muffin crayons for $1.50 each, how much money can Kate make?
How to solve this?