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Felde Bucket Co., a manufacturer of rain barrels, had the following data for 2016. Sales 2,950 units Sales price $42.31 per unit Variable costs $15.23
Felde Bucket Co., a manufacturer of rain barrels, had the following data for 2016.
Sales | 2,950 | units | |
Sales price | $42.31 | per unit | |
Variable costs | $15.23 | per unit | |
Fixed costs | $17,600 |
If the company wishes to increase its total dollar contribution margin by 30% in 2017, 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? (Round answer to 0 decimal places, e.g. 2,520.)
Total increase in sales required: Please show work. Thank you. |
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