Calculate

contribution margin ratio,

the break-even point in dollars,

the margin of safety in dollars.

4)The company wishes to increase its total dollar contribution margin by 60% in 2023. Determine by how much it will need to increase its sales if all other factors remain constant.

Sheridan Seating Co., a manufacturer of chairs, had the following data for 2022: Sales 2,576 units Sales price $50 per unit Variable costs $35 per unit Fixed costs $27,600