Maurice Tutor

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Category > Management Posted 22 Jan 2018 My Price 5.00

Newham Textiles

Newham Textiles manufactures and sells T-shirts imprinted with college names and slogans. Last year, the shirts sold for £7.50 each, and the variable expense was £2.25 per unit. The company needed to sell 20,000 shirts to break even. The net operating income last year was £8,400. Donnelly's expectations for the coming year include the following: * The selling price per T-shirt will be £9.00. * Variable expenses will increase by one third. * Fixed expenses will increase by 10 per cent. 1. The selling price needed next year to maintain the same contribution margin ratio as last year is: 2.Sales for the coming year are expected to exceed last year's by 1,000units. if this occurs , Newham's sales volume in the coming year will be ? 3. If Newham wishes to earn $22,500 in net operating for the coming year , the company's sales volume in pounds must be ?

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Maurice Tutor
(5)
Status NEW Posted 22 Jan 2018 06:01 PM My Price 5.00

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