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with explanations please Exercise 18-17 Felde Bucket Co., a manufacturer of rain barrels, had the following data for 2016 Sales 2,850 units $60 per unit
with explanations please
Exercise 18-17 Felde Bucket Co., a manufacturer of rain barrels, had the following data for 2016 Sales 2,850 units $60 per unit Sales price Variable costs $42 per unit Fixed costs $17,955 What is the contribution margin ratio? (Round answer to 0 decimal places, e.g. 5,275.) Contribution margin ratio % LINK TO TEXT VIDEO: APPLIED SKILLS What is the break-even point in dollars? (Round intermediate calculation and final answers to 0 decimal places, e.g. 5,275.) Break-even pointt LINK TO TEXT VIDEO: APPLIED SKILLS decimal places, e.g. 12.25.) What is the margin of safety in dollars and as a ratio? (Round ratio to Margin of safety $ Margin of safety ratio 0% LINK TO TEXT VIDEO: APPLIED SKILLS What is the margin of safety in dollars and as a ratio? (Round ratio to 2 decimal places, e.g. 12.25.) Margin of safety Margin of safety ratio LINK TO TEXT VIDEO: APPLIED SKILLS If the company wishes to increase its total dollar contribution margin by 30% in 2017, 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? (Round ans wer to 0 decimal places, e.g. 2,520.) Total increase in sales required: $ Open Show Work Click if you would like to Show Work for this question: LINK TO TEXT VIDEO: APPLIED SKILLSStep by Step Solution
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