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Manitoba Lounge Co., a manufacturer of Beds, had the following data for 2019: Sales Sales Price Variable Costs Fixed Costs 2,850 Units $53 Per Unit

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Manitoba Lounge Co., a manufacturer of Beds, had the following data for 2019: Sales Sales Price Variable Costs Fixed Costs 2,850 Units $53 Per Unit $36 Per Unit $22,000 Required: a. Calculate the contribution margin ratio. b. Calculate the break-even point in dollars. C. Calculate the margin of safety in dollars. d. The company wishes to increase its total dollar contribution margin by 65% in 2019. Determine by how much it will need to increase its sales if all other factors remain constant

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