Question 1 Felde Bucket Co., a manufacturer of rain barrels, had the following data for 2016

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.9px;=”” currentcolor;=”” 0px=”” 12px=”” sans-serif;=”” sans”,=”” “open=”” 24px=”” 14px=””>Question 1 Felde Bucket Co., a manufacturer of rain barrels, had the following data for 2016.Sales2,330 unitsSales price$36.97 per unitVariable costs$16.27 per unitFixed costs$18,100.9px;=”” currentcolor;=”” 0px=”” 12px=”” sans-serif;=”” sans”,=”” “open=”” 24px=”” 14px=””>.9px;=”” currentcolor;=”” 0px=”” 12px=”” sans-serif;=”” sans”,=”” “open=”” 24px=”” 14px=””>What is the contribution margin ratio? (Round answer to 0 decimal places, e.g. 5,275.)Contribution margin ratio %.9px;=”” currentcolor;=”” 0px=”” 12px=”” sans-serif;=”” sans”,=”” “open=”” 24px=”” 14px=””>.9px;=”” currentcolor;=”” 0px=”” 12px=”” sans-serif;=”” sans”,=”” “open=”” 24px=”” 14px=””>What is the break-even point in dollars? (Round intermediate calculation and final answers to 0 decimal places, e.g. 5,275.)Break-even point$.9px;=”” currentcolor;=”” 0px=”” 12px=”” sans-serif;=”” sans”,=”” “open=”” 24px=”” 14px=””>.9px;=”” currentcolor;=”” 0px=”” 12px=”” sans-serif;=”” sans”,=”” “open=”” 24px=”” 14px=””>What is the margin of safety in dollars and as a ratio? (Round ratio to 2 decimal places, e.g. 12.25.)Margin of safety$Margin of safety ratio %.9px;=”” currentcolor;=”” 0px=”” 12px=”” sans-serif;=”” sans”,=”” “open=”” 24px=”” 14px=””>.9px;=”” currentcolor;=”” 0px=”” 12px=”” sans-serif;=”” sans”,=”” “open=”” 24px=”” 14px=””>If the company wishes to increase its total dollar contribution margin by 30% in 2017, by how much will it need to increase its sales if selling price per unit, variable price per unit and total fixed costs remain constant? (Round answer to 0 decimal places, e.g. 2,520.)Total increase in sales required:$

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