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XYZ Company manufactures and sells t-shirts imprinted with college names and slogans. Last year...

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Accounting

XYZ Company manufactures and sells t-shirts imprinted
with college names and slogans. Last year the shirts
sold for $9.00 each and the variable costs to produce
them totaled $3.75 per t-shirt. Last year the company
needed to sell 24,000 t-shirts to break-even. For the
coming year, XYZ expects the following:
1. the selling price of the t-shirts will be $12.00
per t-shirt
2. the variable costs to manufacture the t-shirts
will increase by one-fifth
3. the fixed costs will increase by 15%
Calculate the number of t-shirts XYZ Company needs to
sell in the coming year in order to break even.

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