Felde Bucket Co., a manufacturer of rain barrels, had the following data for 2016.
Sales | 2,830 | units | |
Sales price | $50 | per unit | |
Variable costs | $35 | per unit | |
Fixed costs | $16,980 |
1. What is the contribution margin ratio? (Round answer
to 0 decimal places, e.g. 5,275.)
2. What is the break-even point in dollars? (Round
intermediate calculation and final answers to 0 decimal places,
e.g. 5,275.)
3. What is the margin of safety in
dollars and as a ratio? (Round ratio to 2 decimal
places, e.g. 12.25.)
4. 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 answer to 0 decimal places, e.g. 2,520.)
Felde Bucket Co., a manufacturer of rain barrels, had the following data for 2016. Sales 2,830...
Felde Bucket Co., a manufacturer of rain barrels, had the following data for 2016. Sales Sales price Variable costs Fixed costs 2,430 units $50 per unit $35 per unit $18,225 What is the contribution margin ratio? (Round answer to 0 decimal places, e.g. 5,275.) Contribution margin ratio e Textbook and Media What is the break-even point in dollars? (Round intermediate calculation and final answers to 0 decimal places, e.g. 5,275.) Break-even point $ e Textbook and Media What is the...
Exercise 19-17 Felde Bucket Co., a manufacturer of rain barrels, had the following data for 2016. Sales Sales price Variable costs Fixed costs 2,500 units $40 per unit $26 per unit $19,600 What is the contribution margin ratio? (Round answer to o decimal places, e.g. 5,275.) Contribution margin ratio LINK TO TEXT LINK TO TEXT 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.)...
Felde Bucket Co., a manufacturer of rain barrels, had the following data for 2016. Sales Sales price Variable costs Fixed costs 2,090 units $55 per unit $33 per unit $22,990 What is the contribution margin ratio? (Round answer to 0 decimal places, eg 5,275.) Contribution margin ratio e Textbook and Media What is the break-even point in dollars? (Round intermediate calculation and final answers to 0 decimal places Break-even points e Textbook and Media What is the margin of safety...
Felde Bucket Co., a manufacturer of rain barrels, had the following data for 2016. Sales 2,090 units Sales price $55 per unit Variable costs $33 per unit Fixed costs $22,990 What is the contribution margin ratio? AND What is the break-even point in dollars? AND What is the margin of safety in dollars and as a ratio? AND If the company wishes to increase its total dollar contribution margin by 30% in 2017, by how much will it need to...
Sheffield Co., a manufacturer of rain barrels, had the following data for 2016. Sales 5,000 units Sales price $130 per unit Variable costs $52 per unit Fixed costs $347,100 What is the contribution margin ratio? (Round answer to 0 decimal places, e.g. 5,275.) Contribution margin ratio % LINK TO TEXT LINK TO TEXT LINK TO TEXT What is the break-even point in dollars? (Round intermediate calculation and final answers to 0 decimal places, e.g. 5,275.) Break-even point $ LINK TO...
Bridgeport Co., a manufacturer of rain barrels, had the following data for 2016. Sales 3,300 units Sales price $100 per unit Variable costs $37 per unit Fixed costs $172,557 (a) What is the contribution margin ratio? (Round answer to 0 decimal places, e.g. 5,275.) Contribution margin ratio % Click if you would like to Show Work for this question:
Blue Spruce Co., a manufacturer of rain barrels, had the following data for 2016. Sales Sales price Variable costs Fixed costs 4,600 units $60 per unit $24 per unit $145,728 X Your answer is incorrect. What is the contribution margin ratio? (Round answer to O decimal places, eg. 5,275.) Contribution margin ratio e Textbook and Media * Your answer is incorrect. What is the break-even point in dollars? (Round intermediate calculation and final answers to decimal places, eg. 5,275.) Break-even...
Cullumber Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales 2,260 units Sales price $50 per unit Variable costs $30 per unit Fixed costs $20,340 What is the contribution margin ratio? Contribution margin ratio enter the Contribution margin ratio in percentages % What is the break-even point in dollars? Break-even point $enter the break-even point in dollars What is the margin of safety in dollars and as a ratio? Margin of...
Bridgeport Co., a manufacturer of rain barrels, had the following data for 2016. Sales 3,300 units Sales price $100 per unit Variable costs $37 per unit Fixed costs $172,557 (a) Your answer is correct. What is the contribution margin ratio? (Round answer to 0 decimal places, e.g. 5,275.) Contribution margin ratio % Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION LINK TO TEXT LINK TO TEXT LINK TO TEXT Attempts: 1 of...
Felde Bucket Co., a 2,500 units Sales price Variable costs Fixed costs $40 per unit $24 per unit $19,500 What is the contribution margin ratio? (Round answer to decimal places, e.g. 5,275)