Blossom Bucket Co., a manufacturer of rain barrels, had the following data for 2021: Sales quantity 2,000 barrels Unit selling price $30 per barrel Unit variable costs $18 per barrel Fixed costs $11,520 (a) Your answer is correct. What is the contribution margin ratio? Contribution margin ratio eTextbook and Media 40 40 % (b) Your answer is correct. What is the break-even point in sales dollars? Break-even point $ eTextbook and Media 28800 Using multiple attempts will impact your score. 5% score reduction after attempt 2 (c) Your answer is correct. What is the margin of safety in sales dollars and as a ratio? Margin of safety 31200 Margin of safety ratio 52 % eTextbook and Media Using multiple attempts will impact your score. 5% score reduction after attempt 2 (d) Attempts: 1 of 3 used (d) * Your answer is incorrect. If the company wishes to increase its total dollar contribution margin by 30% in 2022, by how much will it need to increase its sales dollars if all other factors (other than sales quantity) remain constant? Total increase in sales required eTextbook and Media Save for Later Using multiple attempts will impact your score. 5% score reduction after attempt 2 Attempts: 2 of 3 used Submit