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CALCULA ne: 04:55 PM / Remaining: 22 min. Question 3 Grouper Co., a manufacturer of rain barrels, had the following data for 2016. Sales Sales

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CALCULA ne: 04:55 PM / Remaining: 22 min. Question 3 Grouper Co., a manufacturer of rain barrels, had the following data for 2016. Sales Sales price Variable costs Fixed costs 2,800 units $70 per unit $21 per unit $113,876 (a) Your answer has been saved and sent for grading. See Gradebook for score details. What is the contribution margin ratio? (Round answer to 0 decimal places, e.g. 5,275.) Contribution margin ratio 70 % Attempts: (b) ZYour answer has been saved and sent for grading. See Gradebook for score details. What is the break-even point in dollars? (Round intermediate calculation and final answers to o decimal places, e.g. 5,275.) Break-even point 162680 $ ZYour answer has been saved and sent for grading. See Gradebook for score details. What is the margin of safety in dollars and as a ratio? (Round ratio to 2 decimal places, e.g. 12.25.) Margin of safety 33320 Margin of safety ratio 17 % Attempts: 1 of 1 used (d) If the company wishes to increase its total dollar contribution margin by 30% in 2017, by how much will it deed to increase its sales if all other factors remain constant? (Round answer to o decimal places, e.g. 2,520.) Total increase in sales required

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