1 Sandy Bank, Inc., makes one model of wooden canoe. Partial information is given below. 1.66 points Skipped eBook Required: 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $520 each. Calculate the contribution margin per canoe and the contribution margin ratio. 3. This year Sandy Bank expects to sell 850 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 $67,000 profit this year. Calculate the number of canoes that must be sold to achieve this target. Hint Complete this question by entering your answers in the tabs below. Print References Required 1 Required 2 Required 3 Required 4 Required 5 Complete the following table. (Round your "Cost per Unit" answers to 2 decimal places.) Number of Canoes Produced and Sold 440 610 780 Total costs Variable Costs Fixed Costs Total Costs $ 65,560 147,400 $ 212,960 $ 0 $ 0 Cost per Unit Variable Cost per Unit Fixed Cost per Unit Mc Graw Hill < Prev 1 of 3 Next > Check my work