Dona Corporation manufactures and sells T-shirts imprinted with college name and slogans. Last year, the shirts sold for P7.50 each, and the variable cost to manufacture them was P2.25 per unit. The...

 Dona Corporation manufactures and sells T-shirts imprinted with college name and slogans. Last year, the shirts sold for P7.50 each, and the variable cost to manufacture them was P2.25 per unit. The company needed to sell 20,000 shirts to breakeven. The net income last year was P5,040. Dona’s expectation for the coming year include the following:

• The sales price of the t-shirt will be P9.00

• Variable cost to manufacture will increase by one-third.

• Fixed cost will increase by 10%

• The income tax rate of 40% will be unchanged

a. The selling price that would maintain the same contribution margin rate as last year is ______________-

b. The number of T-shirts Dona must sell to break even in the coming year is ______________

c. If Dona wishes to earn P22,500 in net income for the coming year, the company’s sales in pesos must be __________