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Exercise 5-17 (Part Level Submission) Sandhill Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales 2,350 units Sales price $30
Exercise 5-17 (Part Level Submission)
Sandhill Bucket Co., a manufacturer of rain barrels, had the following data for 2019.
Sales | 2,350 | units | |
Sales price | $30 | per unit | |
Variable costs | $18 | per unit | |
Fixed costs | $15,510 |
(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: | $ |
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