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Crane Bucket Co . , a manufacturer of rain barrels, had the following data for 2 0 2 4 : Sales quantity: 2 , 340

Crane Bucket Co., a manufacturer of rain barrels, had the following data for 2024:
Sales quantity: 2,340 barrels
Unit selling price: $50 per barrel
Unit variable costs: $53per barrel
Fixed costs: $18,225

1. What is the break-even point in sales dollars?
2. What is the margin of safety in dollars and as a ratio (%)?

3. If the company wishes to increase its total dollar contribution margin by 30% in 2020, by how much will it need to increase its sales if selling price per unit, variable price per unit and total fixed costs remain constant?


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