A: 9.00

B: 8.25

C: 10.00

D: 9.50

Dorcan 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 after tax net income last year was $5.040. Donnelly's expectations for the coming year include the following: (CMA adapted) The sales price of the T-shirts will be $9. Variable cost to manufacture will increase by one-third. . Fixed costs will increase by 10%. The income tax rate of 40% will be unchanged. The selling price that would maintain the same contribution margin ratio as last year is