Felde Bucket Co., a manufacturer of rain barrels, had the following data for 2016.

Sales		2,500	units
Sales price		$40	per unit
Variable costs		$24	per unit
Fixed costs		$19,500

CALCULATE:

1- Contribution margin ratio = .....% ?

2- Break-even point = $.... ?

3- Margin of safety= $.....?

4- Margin of safety ratio = ....% ?

5- 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?

Total increase in sales required = $...... ?