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

Sales 2,830units Sales price $40.93per unit Variable costs $16.78per unit Fixed costs $18,600

What is the contribution margin ratio?

What is the break-even point in dollars?

What is the margin of safety in dollars and as a ratio?

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?