Ivanhoe Bucket Co., a manufacturer of rain barrels, had the following data for 2019.

Sales		2,830	units
Sales price		$50	per unit
Variable costs		$35	per unit
Fixed costs		$16,980

What is the contribution margin ratio?

Contribution margin ratio

Type your answer here

%

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What is the break-even point in dollars?

Break-even point

$Type your answer here

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

Margin of safety		$
Margin of safety ratio			%

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