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MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
Felde Bucket Co., a manufacturer of rain barrels, had the following data for 2016.
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Sales 2,830Â units Sales price $40.93Â per unit Variable costs $16.78Â per unit Fixed costs $18,600
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What is the contribution margin ratio?
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What is the break-even point in dollars?
Â
What is the margin of safety in dollars and as a ratio?
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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?Â
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