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E5.17 (LO 3,4, 5), AP Felde Bucket Co, a manufacturer of rain barrels, had the ollowing data for 2019: Dede break-even point in dollars, and
E5.17 (LO 3,4, 5), AP Felde Bucket Co, a manufacturer of rain barrels, had the ollowing data for 2019: Dede break-even point in dollars, and margin of safety. Sales Sales price Variable costs Fixed costs 2,500 units $40 per unit $24 per unit $19,500 Instructions a. What is the contribution margin ratio? b. What is the break-even point in dollars? c. What is the margin of safety in dollars and as a ratio? company wishes to increase its total dollar contribution margin by 30% in 2020, by how much will it need to increase its sales if all other factors remain constant? (CGA adapted)
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