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Oriole Bucket Co . , a manufacturer of rain barrels, had the following data for 2 0 2 1 : Sales quantity 2 , 6

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Oriole Bucket Co., a manufacturer of rain barrels, had the following data for 2021:
Sales quantity
2,690 barrels
Unit selling price
$55 per barrel
Unit variable costs
$33 per barrel
Fixed costs
$29,590
What is the contribution margin ratio?
Contribution margin ratio
%
What is the break-even point in sales dollars?
Break-even point $
What is the margin of safety in sales dollars and as a ratio?
Margin of safety
$
Margin of safety ratio
%
If the company wishes to increase its total dollar contribution margin by 30% in 2022, by how much will it need to increase its
sales dollars if all other factors (other than sales quantity) remain constant?
Total increase in sales required
$
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