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SunlandBucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales 2,850units Sales price $60per unit Variable costs $42per unit Fixed costs

SunlandBucket Co., a manufacturer of rain barrels, had the following data for 2019.

Sales 2,850units

Sales price $60per unit

Variable costs $42per unit

Fixed costs $17,955

(a) What is the contribution margin ratio?

(b) What is the break-even point in dollars?

(c) What is the margin of safety in dollars and as a ratio?

(d) If the company wishes to increase its total dollar contribution margin by30% 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?

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