Sheridan Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales...
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Sheridan Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales Sales price Variable costs Fixed costs 2,080 units $60 per unit $42 per unit $18,720 x Your answer is incorrect. Try again. What is the contribution margin ratio? X Contribution margin ratio 80 || % xYour answer is incorrect. Try again. What is the break-even point in dollars? Break-even point 23000 x Your answer is incorrect. Try again. What is the break-even point in dollars? Break-even point 23000 x Your answer is incorrect. Try again. What is the margin of safety in dollars and as a ratio? Margin of safety Margin of safety ratio % x Your answer is incorrect. Try again. If the company wishes to increase its total dollar contribution margin by 30% in 2020, by how much will it need to increase its sale costs remain constant? Total increase in sales required
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