Cullumber Bucket Co., a manufacturer of rain barrels, had the following data for 2019.

Sales		2,260	units
Sales price		$50	per unit
Variable costs		$30	per unit
Fixed costs		$20,340

What is the contribution margin ratio?

Contribution margin ratio

enter the Contribution margin ratio in percentages

%

What is the break-even point in dollars?

Break-even point

$enter the break-even point in dollars

What is the margin of safety in dollars and as a ratio?

Margin of safety		$enter the margin of safety in dollars
Margin of safety ratio		enter the margin of safety ratio in percentages	%

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?

Total increase in sales required:		$enter a dollar amount