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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 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?
Blossom Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales Sales price Variable costs Fixed costs 2,000 units $30 per unit $18 per unit $11,520 (a) Your answer is correct. What is the contribution margin ratio? Contribution margin ratio 40 % What is the break-even point in dollars? Break-even point $ 28800 (c) Your answer is correct. What is the margin of safety in dollars and as a ratio? Margin of safety $ 31200 Margin of safety ratio 52 %Step by Step Solution
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