Current Attempt in Progress Ivanhoe Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales 2,260 units Sales price $45 per unit Variable costs $27 per unit Fixed costs $20,340 (a) What is the contribution margin ratio? Contribution margin ratio 40 %6 (b) What is the break-even point in dollars? Break-even point $ 50850 (c) What is the margin of safety in dollars and as a ratio? Margin of safety $ 50850 Margin of safety ratio 2 % (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? Total increase in sales required $ Save for Later Attempts: 0 of 1 used Submit