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solve for C part D Wildhorse Bucket Co., a manufacturer of rain barrels, had the following data for 2021 2.420 barrels Sales quantity Unit selling
solve for C
part D
Wildhorse Bucket Co., a manufacturer of rain barrels, had the following data for 2021 2.420 barrels Sales quantity Unit selling price $35 per barrel $21 per barrel Unit variable costs Fixed costs $16,940 (a) Your answer is correct. What is the contribution margin ratio? Contribution margin ratio 40 % e Textbook and Media Your answer is correct. What is the break-even point in sales dollars? Break-even point $ 42350 e Textbook and Media Solution Question 4 of 31 (c) X Your answer is incorrect. What is the margin of safety in sales dollars and as a ratio? a Margin of safety 25410 Margin of safety ratio 15 % eTextbook and Media of the company wishes to increase its total dollar contribution margin by 30% in 2022, by how much will it need to increase its sales dollars if all other factors (other than sales quantity) remain constant? Total increase in sales required $ Wildhorse Bucket Co., a manufacturer of rain barrels, had the following data for 2021 2.420 barrels Sales quantity Unit selling price $35 per barrel $21 per barrel Unit variable costs Fixed costs $16,940 (a) Your answer is correct. What is the contribution margin ratio? Contribution margin ratio 40 % e Textbook and Media Your answer is correct. What is the break-even point in sales dollars? Break-even point $ 42350 e Textbook and Media Solution Question 4 of 31 (c) X Your answer is incorrect. What is the margin of safety in sales dollars and as a ratio? a Margin of safety 25410 Margin of safety ratio 15 % eTextbook and Media of the company wishes to increase its total dollar contribution margin by 30% in 2022, by how much will it need to increase its sales dollars if all other factors (other than sales quantity) remain constant? Total increase in sales required $ Step by Step Solution
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