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Felde Bucket Co., a manufacturer of rain barrels, had the following data for 2016. Sales Sales price Variable costs Fixed costs 2,850 units $43.68 per
Felde Bucket Co., a manufacturer of rain barrels, had the following data for 2016. Sales Sales price Variable costs Fixed costs 2,850 units $43.68 per unit $15.29 per unit $18,900 What is the contribution margin ratio? (Round answer to decimal places, e.g. 5,275.) Contribution margin ratio What is the break-even point in dollars? (Round intermediate calculation and final answers to O decimal places, e.g. 5,275.) Break-even point What is the margin of safety in dollars and as a ratio? (Round ratio to 2 decimal places, e.g. 12.25.) Margin of safety Margin of safety ratio
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