Oriole Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales 2,690 units
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Question:
Oriole Bucket Co., a manufacturer of rain barrels, had the following data for 2019.
Sales | 2,690 | units | |
Sales price | $55 | per unit | |
Variable costs | $33 | per unit | |
Fixed costs | $29,590 |
(d)
If the company wishes to increase its total dollar contribution margin by 30% in 2020, 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?
The total increase in sales required: | $ _________________ |
Related Book For
Managerial Accounting Tools for Business Decision Making
ISBN: 978-1119036432
7th edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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