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Montreal Seating Co., a manufacturer of chairs, had the following data for 2020: Sales 2,920 units Sales price $50 per unit Variable costs $35 per
Montreal Seating Co., a manufacturer of chairs, had the following data for 2020: Sales 2,920 units Sales price $50 per unit Variable costs $35 per unit Fixed costs $27,600 Calculate the contribution margin ratio. Contribution margin ratio % LINK TO TEXT LINK TO TEXT LINK TO TEXT Calculate the break-even point in dollars. Break-even point LINK TO TEXT LINK TO TEXT LINK TO TEXT Calculate the margin of safety in dollars. Margin of safety The company wishes to increase its total dollar contribution margin by 67% in 2021. Determine by how much it will need to increase its sales if all other factors remain constant. Increase sales by $
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