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4. Riverside Inc. makes one model of wooden canoe. Partial information for it follows: Number of Canoes Produced and Sold 490 640 790 Total costs
4.
Riverside Inc. makes one model of wooden canoe. Partial information for it follows: Number of Canoes Produced and Sold 490 640 790 Total costs Variable costs Fixed costs Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 73,010 15e, 100 3223,010 Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $504 each. Calculate the contribution margin per cance and the contribution margin ratio 4. Next year Riverside expects to sell 840 canoes. Complete the contribution margin income statement for the company Complete this question by entering your answers in the tabs below. Required 1 Required 3 Required 4 Complete the table. (Round your cost per unit answers to 2 decimal places) Number of Cantes Produced and Sold 490 540 790 Total Costs Variable Costs Fored Costs 73,010 150.000 + Total Costs 223,010 Cost per Unit Variable Cost per Unit Fored Cost per Unit Total Cost per Unit 0.005 0.001s 0.00 Required 3 > Riverside Inc makes one model of wooden canoe. Partial information for it follows: Number of cances Produced and sold 490 640 790 $ 73,010 150,000 $223,01e ? 7 ? Total costs Variable costs Fixed costs Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit ? ? ? Required: 1. Complete the table 2. Suppose Riverside sells its canoes for $504 each. Calculate the contribution margin per canoe and the contribution margin ratio: 4. Next year Riverside expects to sell 840 canoes. Complete the contribution margin income statement for the company. Complete this question by entering your answers in the tabs below. Required 1 Required 3 Required 4 Suppose Riverside sells its canoes for $504 each. Calculate the contribution margin per canoe and the contribution margin ratio. (Round your contribution margin to the nearest whole dollar and your contribution margin ratio to the nearest whole percent.) per cance Unit Contribution Margin Contribution Margin Ratio 96 Riverside Inc. makes one model of wooden canoe. Partial information for it follows: Number of cances Produced and sold 640 799 Total costs Variable costs $ 73,81e Fixed costs 150.000 Total costs $223,010 Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit Required: 1. Complete the table 3. Suppose Riverside sells its canoes for $504 each. Calculate the contribution margin per canoe and the contribution margin ratio. 4. Next year Riverside expects to sell 840 canoes. Complete the contribution margin income statement for the company. Complete this question by entering your answers in the tabs below. Required 1 Required 3 Required 4 Next year Riverside expects to sell 840 canoes. Complete the contribution margin income statement for the company. Cound your Contribution margin to 2 decimal places.) RIVERSIDE INC Contribution Margin Income Statement For the Next Year Contribution Margin Net Operating Income
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