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P6. ABC Bucket Co., a manufacturer of rain barrels, had the following data for 2020: Show all your work for credits. Use such proper punctuation

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P6. ABC Bucket Co., a manufacturer of rain barrels, had the following data for 2020: Show all your work for credits. Use such proper punctuation as "%", and "$". Example: $25,689.00 Sales 3,000 units Sales price $50 per unit Variable costs $30 per unit Fixed costs $25,000 Requirements: (a) What is the contribution margin and contribution margin ratio? (b) What is the break-even point in dollars? (c) What is the margin of safety in dollars and as a ratio? (d) If the company wishes to make $50,000 targeted income in 2017, by how much will the total sales

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