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Sunland Bucket Co., a manufacturer of rain barrels, had the following data for 2021: Sales quantity Unit selling price Unit variable costs Fixed costs 2,120
Sunland Bucket Co., a manufacturer of rain barrels, had the following data for 2021: Sales quantity Unit selling price Unit variable costs Fixed costs 2,120 barrels What is the contribution margin ratio? Break-even point $16,218 Contribution margin ratio $50 per barrel $33 per barrel What is the break-even point in sales dollars? Margin of safety Margin of safety ratio $ What is the margin of safety in sales dollars and as a ratio? $ 34 Total increase in sales required $ % % If 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?
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