Question 1 Felde Bucket Co., a manufacturer of rain barrels, had the following data for 2016.

Sales	2,330	units
Sales price	$36.97	per unit
Variable costs	$16.27	per unit
Fixed costs	$18,100

What is the contribution margin ratio? (Round answer to 0 decimal places, e.g. 5,275.)

Contribution margin ratio

%

What is the break-even point in dollars? (Round intermediate calculation and final answers to 0 decimal places, e.g. 5,275.)

Break-evenpoint

$

What is the margin of safety in dollars and as a ratio? (Round ratio to 2 decimal places, e.g. 12.25.)

Margin of safety	$
Margin of safety ratio		%

If the company wishes to increase its total dollar contribution margin by 30% in 2017, 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? (Round answer to 0 decimal places, e.g. 2,520.)

Total increase in sales required:

$