Crane Bucket Co$.,$ a manufacturer of rain barrels, had the following data for $2024$:

Sales quantity: $2,$340 barrels

Unit selling price: $$50$ per barrel

Unit variable costs: $53per barrel

Fixed costs: $$18,225$

$1.$ What is the break$-$even point in sales dollars?

$2.$ What is the margin of safety in dollars and as a ratio $(\%)?$

$3.$ 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?

Answer rating: 100% (QA)

Crane Bucket Co Analysis 2024 Based on the provided data we can analyze Crane Bucket Cos financial performance for 2024 1 BreakEven Point in Sales Dol... View the full answer