Question

Pharoah Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales 2090...

Pharoah Bucket Co., a manufacturer of rain barrels, had the following data for 2019.

Sales 2090 units
sales price 55 per unit
variable cost 33 per unit
fixed cost 22990

Already solved:

Break even point = 57475

margin of safety = 57475

margin of safety ration = 50%

Needs solving:

1. 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 = ?

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