What is the contribution margin ratio? Contribution margin ratio % What is the break-even point in dollars? Break-even point $ What is the margin of safety in dollars and as a ratio? Margin of safety $ Margin of safety ratio %

What is the contribution margin ratio? Contribution margin ratio % What is the break-even point in dollars? Break-even point $ What is the margin of safety in dollars and as a ratio? Margin of safety $ Margin of safety ratio %

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter19: Pricing Concepts

Section: Chapter Questions

Problem 6DRQ

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Question

please give answers all part i need all

Exercises

Carla Vista Bucket Co., a manufacturer of rain barrels, had the following data for 2019.

Sales	2,960	units
Sales price	$60	per unit
Variable costs	$42	per unit
Fixed costs	$26,640

What is the contribution margin ratio?

Contribution margin ratio

What is the break-even point in dollars?

Break-even point

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

Margin of safety		$
Margin of safety ratio			%

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:

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