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Sandhill Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales 2,350 units Sales price $30 per unit Variable costs
Sandhill Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales 2,350 units Sales price $30 per unit Variable costs $18 per unit Fixed costs $15,510 What is the contribution margin ratio? Contribution margin ratio (b) eTextbook and Media Your Answer Correct Answer Your answer is incorrect. What is the break-even point in dollars? Break-even point $ 28200 40 % What is the margin of safety in dollars and as a ratio? Margin of safety Margin of safety ratio eTextbook and Media (d) 31725 55 45 % If the company wishes to increase its total dollar contribution margin by 30% in 2020, 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? Total increase in sales required:
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