4. 0.8 points Sandy Bank, Inc., makes one model of wooden canoe. Partial information is given below. Required: 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $550 each. Calculate the contribution margin per canoe and the contribution margin ratio. 3. This year Sandy Bank expects to sell 750 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 $70,000 profit this year. Calculate the number of canoes that must be sold to achieve this target eBook Complete this question by entering your answers in the tabs below. Hint 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 440 570 770 Total costs Variable Costs $ 65,120 Fored Costs 145,640 Total Costs $ 210.760 Cost per Unit Variable Cost per Unit Foxed Cost por Unit Total Cost per Unit Required 2 > Sandy Bank, Inc., makes one model of wooden canoe. Partial information is given below. Required: 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $550 each. Calculate the contribution margin per canoe and the contribution marg 3. This year Sandy Bank expects to sell 750 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 $70,000 profit this year. Calculate the number of canoes that must be sold to achieve thi target. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Suppose Sandy Bank sells its canoes for $550 each. Calculate the contribution margin per canoe and the contribution margin ratio. (Round your intermediate calculations and final answers to 2 decimal places. Round your percentage" answer to 2 decimal places. (...1234 should be entered as 12.34%.)) Unit Contribution Margin Contribution Margin Ratio per Canoe (Required 1 Required 3 > 4 Sandy bank, Inc., makes one model of wooden canoe. Partial information is given below. 0.8 points Required: 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $550 each. Calculate the contribution margin per canoe and the contribution margin ratio. 3. This year Sandy Bank expects to sell 750 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 $70,000 profit this year. Calculate the number of canoes that must be sold to achieve this target Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 Required 3 Required 4 Required 5 This year Sandy Bank expects to sell 750 canoes. Prepare a contribution margin income statement for the company. (Round your intermediate calculations to 2 decimal places.) SANDY BANK, Inc. Contribution Margin Income Statement For the Current Year References Contribution Margin Income from Operations 4. 0.8 points Sandy Bank, Inc., makes one model of wooden canoe. Partial information is given below. Required: 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $550 each. Calculate the contribution margin per canoe and the contribution margin ratio. 3. This year Sandy Bank expects to sell 750 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 $70,000 profit this year. Calculate the number of cances that must be sold to achieve this target. eBook Complete this question by entering your answers in the tabs below. Hint Required 1 Required 2 Required 3 Required 4 Required 5 Pin Calculate Sandy Bank's break-even point in units and in sales dollars. (Round final answers to the nearest whole number) References Break-Even Units Break-Even Sales Revenue Canoes 4 08 points Sandy Bank, Inc., makes one model of wooden canoe. Partial information is given below. Required: 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $550 each. Calculate the contribution margin per canoe and the contribution margin ratio. 3. This year Sandy Bank expects to sell 750 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 $70,000 profit this year . Calculate the number of canoes that must be sold to achieve this target Book Complete this question by entering your answers in the tabs below. Hint Required 1 Required 2 Required 3 Required 4 Required 5 Print Suppose Sandy Bank wants to earn $70,000 profit this year. Calculate the number of canoes that must be sold to achieve this target. (Round Unit Contribution Margin to 2 decimal places. Round your answer to the next whole number.) References Target Sales Units Canoes