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Sheridan Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales 2,200 units Sales price $75 per unit Variable costs $45

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Sheridan Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales 2,200 units Sales price $75 per unit Variable costs $45 per unit Fixed costs $18,480 Your answer is incorrect. (b) What is the break-even point in dollars? Break-even point $ eTextbook and Media Solution Your Answer Correct Answer x Your answer is incorrect. (c) What is the margin of safety in dollars and as a ratio? Margin of safety $ Margin of safety ratio 94 X Your answer is incorrect. (d) 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: e Textbook and Media Solution

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