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1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $580 each. Calculate the contribution margin per canoe and the contribution margin

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1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $580 each. Calculate the contribution margin per canoe and the contribution margin ratio. 3. This year Sandy Bank expects to sell 840 canoes. Prepare a contribution margin income statement for the company, 4. Calculate Sandy Bank's break-even point in units and in sales dollars. 5. Suppose Sandy Bank wants to earn $83,000 profit this year. Calculate the number of canoes that must be told to achieve this target Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Complete the following table. (Round your "Cost per Unit" answers to 2 decimal places.) 460 610 790 Number of Canoes Produced and Sold Total costs Variable Costs Fixed Costs IS $ 71,760 152,720 224,480 95.160$ 152,720 247,880 $ 123,240 152,720 275,960 Total Costs $ S Cost per Unit Variable Cost per Unit Fixed Costner Unit $ 156.00 $ 332.00 156.00S 250.36 156.00 193.32 > 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $580 each. Calculat 3. This year Sandy Bank expects to sell 840 canoes. Prepare ac 4. Calculate Sandy Bank's break-even point in units and in sales 5. Suppose Sandy Bank wants to earn $83,000 profit this year. target. X Answer is not Complete this question by entering your answers in the tat Required 1 Required 2 Required 3 Required 4 Required Suppose Sandy Bank sells its canoes for $580 each. Calculate the ratio. (Round your intermediate calculations and final answers to 2 decimal places. (i.e. 1234 should be entered as 12.34%.)) Unit Contribution Margin Contribution Margin Ratio $ 424.00 per Canoe % 73.10

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