Ruben corporation-breakeven point

Reference no: EM1364360

Corresponds to CLO 2(c) Ruben Corporation manufactures and sells T-shirts imprinted with college names and slogans. Last year, the shirts sold for $7.50 each, and the variable cost to manufacture them was $2.25 per unit. The company needed to sell 20,000 shirts to break even. The net income last year was $5,040. Ruben's expectations for the coming year include the following:

- The sales price of the T-shirts will be $9

- Variable costs to manufacture will increase by one-third

- Fixed costs will increase by 10%

- The income tax rate of 40% will be unchanged

The number of T-shirts Ruben Corporation must sell to break even in the coming year is:

a 17,500

b 19,250

c 20,000

d 22,000

Reference no: EM1364360

Questions Cloud

Find the level of retained earnings : My company showed retained earnings of $400,000 on its balance sheet past year. This year, the company's earnings per share were $3 and its dividends paid each share were $1.00.

Find bcnf decomposition of relation schema : Consider a relation schema r(A,B,C,D,E, F) and a set of functional dependencies {A BCD,BCDE,BD,DA}. Determine whether or not (A,E, F) is in BCNF and justify your answer. If (A,E, F) is not in BCNF,find a BCNF decomposition of it.

How fast will the electron be moving : How fast will the electron be moving. What was his average speed (in m/s) for the race.

Healthcare professionals within organization : The research will assist the director in assessing that all healthcare professionals within organization have the appropriate license or certification.

Ruben corporation-breakeven point : Corresponds to CLO 2(c) Ruben Corporation manufactures and sells T-shirts imprinted with college names and slogans. Last year, the shirts sold for $7.50 each, and the variable cost to manufacture them was $2.25 per unit.

Increase the effectiveness of workplace communication : Show what steps can you take as a vested worker to increase the effectiveness of workplace communication

Calculating coefficient of variation : Myers Business Systems is estimatingthe introduction of a new product. The possible levels of unit sales and the probabilities of their occurrence are below:

Description of material price variance : The Alperti Company manufactures surgical gowns for hospitals. Their controller, Ethell Hieken is preparing the variance analysis report for October. Standard Costs are as follows: What is the material price variance?

Physical therapy and occupational therapy : Choose two allied health specialties (Physical therapy and Occupational therapy) addressing the specialties that would interact during a typical work day in a hospital, a long-term care facility, and an out-patient clinic. be sure to specifically ..

User Account

All Pages