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Question 44 P4. CVP Questions: ABC Bucket Co., a manufacturer of rain barrels, had the following data for 2016 Apt.): Sales 4,000 units Sales price
Question 44 P4. CVP Questions: ABC Bucket Co., a manufacturer of rain barrels, had the following data for 2016 Apt.): Sales 4,000 units Sales price 570 per unit Variable costs $50 per unit Fixed costs 530,000 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? Edit View Insert Format Tools Table 12pt Paragraph v BI VAL D
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