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Question 44 2 pts P4. CVP Questions: ABC Bucket Co., a manufacturer of rain barrels, had the following data for 2016 (4pt.): Sales 4,000 units

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Question 44 2 pts P4. CVP Questions: ABC Bucket Co., a manufacturer of rain barrels, had the following data for 2016 (4pt.): Sales 4,000 units Sales price $70 per unit Variable costs $50 per unit Fixed costs $30,000 a. What is the 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 $100,000 profit by how many units to be sold

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