Question 12 Montreal Seating Co., a manufacturer of chairs, had the following data for 2020: Sales 2,800 units Sales price $50 per unit Variable costs $20 per unit Fixed costs $57,000 Calculate the contribution margin ratio. Contribution margin ratio 94 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 LINK TO TEXT LINK TO TEXT LINK TO TEXT The company wishes to increase its total dollar contribution margin by 62% in 2021. Determine by how much it will need to increase its sales if all other factors remain constant. Increase sales by