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Question 6 Felde Bucket Co., a manufacturer of rain barrels, had the following data for 2016. Sales 2,500 units $50 per unit Sales price Variable
Question 6 Felde Bucket Co., a manufacturer of rain barrels, had the following data for 2016. Sales 2,500 units $50 per unit Sales price Variable costs $25 per unit Fixed costs $19,700 What is the contribution margin ratio? (Round answer to 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-even point decimal places, e.g. 12.25.) What is the margin of safety dollars and as a ratio? (Round ratio to Margin of safety Margin safety ratio % If the company wishes to increase its total dollar contribution margin by 40 % costs remain constant? (Round answer to need to increase its sales if selling price per unit, variable price per unit and total fixed 2017, by how much will decimal places, e.g. 2,520.) Total increase in sales required: S
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