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Practice Exercise 2 Oriole Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales 2,690 units Sales price $55 per unit

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Practice Exercise 2 Oriole Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales 2,690 units Sales price $55 per unit Variable costs $33 per unit Fixed costs $29,590 What is the contribution margin ratio? Contribution margin ratio % What is the break-even point in dollars? Break-even point What is the margin of safety in 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 2020, by how much will it need to increase its sales if selling price per unit, variable price per unit and total fixed costs remain constant? Study Total increase in sales required: $

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