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The Patriotic T-Shirt Company sells three colors of shirts: Red, White and Blue! The fixed costs for the company is $12,600 per month. Sales
The Patriotic T-Shirt Company sells three colors of shirts: Red, White and Blue! The fixed costs for the company is $12,600 per month. Sales and variable costs of these shirts for March are: Sales Red $21,000 White Blue $15,000 $24,000 Variable Costs 15,700 10,500 17,000 Compute the break even point in sales dollars. How much of each color of shirt must they sell to break even? What is the margin of safety? What is the net income?
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