Jimmy Bucket Co. manufactures wine barrels. They had the following data for 2022: Sales quantity 2,950...

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Jimmy Bucket Co. manufactures wine barrels. They had the following data for 2022: Sales quantity 2,950 barrels Unit selling price $ 40 per barrel Unit variable costs $ 24 per barrel Fixed costs $ 21,240 1) What is the contribution margin ratio? (as a %) Contribution margin ratio 2) What is the break-even point in SALES DOLLARS Break Even Point (Sales Dollars) 3) What is the margin of safety in sales dollars? Margin of Safety 4) If the company wishes to make $50,000 in net income, what is the required sales dollars they need to make? Required Sales Dollars Jimmy Bucket Co. manufactures wine barrels. They had the following data for 2022: Sales quantity 2,950 barrels Unit selling price $ 40 per barrel Unit variable costs $ 24 per barrel Fixed costs $ 21,240 1) What is the contribution margin ratio? (as a %) Contribution margin ratio 2) What is the break-even point in SALES DOLLARS Break Even Point (Sales Dollars) 3) What is the margin of safety in sales dollars? Margin of Safety 4) If the company wishes to make $50,000 in net income, what is the required sales dollars they need to make? Required Sales Dollars