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Exercise 18-17 a-d Blossom Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales Sales price Variable costs 2,430 units $40
Exercise 18-17 a-d Blossom Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales Sales price Variable costs 2,430 units $40 per unit $20 per unit $21,870 Fixed costs What is the contribution margin ratio? Contribution margin ratio % LINK TO TEXT LINK TO TEXT LINK TO TEXT (b) What is the break-even point in dollars? Break-even point LINK TO TEXT LINK TO TEXT LINK TO TEXT (c) What is the margin of safety in dollars and as a ratio? Margin of safety $ Margin of safety ratio % LINK TO TEXT LINK TO TEXT LINK TO TEXT (d) 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: Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT LINK TO TEXT
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