Crane Bucket Co., a manufacturer of rain barrels, had the following data for 2021: 2,040 barrels...
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Crane Bucket Co., a manufacturer of rain barrels, had the following data for 2021: 2,040 barrels Sales quantity Unit selling price $40 per barrel Unit variable costs $22 per barrel Fixed costs $18,360. (a) Your answer is correct. What is the contribution margin ratio? Contribution margin ratio 45 % Your answer is correct. What is the break-even point in sales dollars? Break-even point eTextbook and Media 40800 (c) What is the margin of safety in sales dollars and as a ratio? Margin of safety $ Margin of safety ratio Attempts: unlimited 1 Crane Bucket Co., a manufacturer of rain barrels, had the following data for 2021: 2,040 barrels Sales quantity Unit selling price $40 per barrel Unit variable costs $22 per barrel Fixed costs $18,360. (a) Your answer is correct. What is the contribution margin ratio? Contribution margin ratio 45 % Your answer is correct. What is the break-even point in sales dollars? Break-even point eTextbook and Media 40800 (c) What is the margin of safety in sales dollars and as a ratio? Margin of safety $ Margin of safety ratio Attempts: unlimited 1
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