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Exercise 5-17 (Part Level Submission) Pharoah Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales Sales price Variable costs Fixed
Exercise 5-17 (Part Level Submission) Pharoah Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales Sales price Variable costs Fixed costs 2,090 units $55 per unit $33 per unit $22,990 (a) Your answer is correct. What is the contribution margin ratio? Contribution margin ratio 40 % (b) Your answer is correct. What is the break-even point in dollars? Break-even point 574751 What is the margin of safety in dollars and as a ratio? Margin of safety Margin of safety ratio %
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