Manitoba Lounge Co., a manufacturer of Beds, had the following data for 2018:
|Sales Price||$54 Per Unit|
|Variable Costs||$37 Per Unit|
a. Calculate the contribution margin ratio.
b. Calculate the break-even point in dollars.
c. Calculate the margin of safety in dollars.
d. The company wishes to increase its total dollar contribution margin by 60% in 2018. Determine by how much it will need to increase its sales if all other factors remain constant.Get Accounting homework help today
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