Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 24 Jul 2017 My Price 4.00

Oak Bucket Co

Oak Bucket Co., a manufacturer of wood buckets, had the following data for 2013:
Sales …………………………………..2,600 units
Sales price …………………………….$40 per unit
Variable costs …………………………$16 per unit
Fixed costs ……………………………$19,500

Instructions
(a) What is the contribution margin ratio?
(b) What is the break-even point in dollars?
(c) What is the margin of safety in dollars and as a ratio?
(d) If the company wishes to increase its total dollar contribution margin by 30% in 2014, by how much will it need to increase its sales if all other factors remain constant?
(CGA adapted)

Answers

Maurice Tutor
(5)
Status NEW Posted 24 Jul 2017 11:07 AM My Price 4.00

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