Sheridan Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales   2,200  units Sales price   $75  per unit Variable costs   $45  per unit Fixed costs   $18,480             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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Q: (c) What is the contribution margin ratio? Contribution margin ratio What is the margin of safety in…

A: Given in the question: Sales Quantity 2500 Barrels Unit Selling Price $40 Per unit…

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A: Contribution- When the total sales value of the entity exceeds the variable expenses, then the…

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A: Contribution margin per unit = Selling price per unit - Variable cost per unit…

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A: Solution 1: Contribution margin ratio = 100% - Variable cost ratio = 100% - 70% = 30%

Q: calculate what the breakeven value of sales w

A: The breakeven point is a point at which total cost is equal to total revenue.At this point there is…

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A: Break-even analysis is a technique widely used by the production department. It helps to determine…

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A: Contribution margin per unit = sales - variable costs = 60 - 50 = $10 per unit

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A: The objective of the question is to calculate the contribution margin ratio for Dolan Distributors…

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A: The answer is provided in the explanation section.Explanation:1. Break-even Sales Value:  - Variable…

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A: Net realizable  value = sales price - cost to sell

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A: Break Even Point is the point where the firm is in a situation of no profit and no loss.  At the…

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A: The desired net income is = $2,450,000

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A: Contribution margin ratio =  Contribution margin / Total sales  x 100 Where, Contribution margin…

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A: Reduced sale price=Existing price×100-10%=P 100×100-10%=P 90

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A: Breakeven sales * Profit volume ratio =Fixed cost Sales * Profit volume ratio =Fixed cost + Profit

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A: The answer for the multiple choice question and relevant working are presented hereunder : Unit…

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A: The break even sales are the sales where business earns no profit no loss during the period.