400 600 75e Number of Canoes Produced and Sold Total costs Variable costs Fixed costs Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $48 , 120,000 $168,000 $ 72,000 $ 90,000 120,000 120,000 $ 192,000 $210,000 $ 120.00 300.00 $ 420.00 $ 120.00 280.00 $320.00 $ 120.00 160.ee $ 280.00 Riverside sells its canoes for $500 each Next year Riverside expects to sell 1,000 canoes. Required: Complete the Riverside's contribution margin income statement for each independent scenario. Assuming each scenario is a vo of Riverside's original data. (Round your unit contribution margin and contribution margin ratio to 2 decimal places (i.e. 1234 should be entered as 12.34%) and all other answers to the nearest dollar amount.) Scenario 1 Raises Sales Price to $600 per Canoe Scenario 2 Increase Scenario 3 Sales Price and Decrease Fixed Variable Cost per Unit by 10 Percent Cost by 20 Percent Unit Contribution Margin Contribution Margin Ratio 9 Contribution Margin income Statement Sales Revenue Variable costs Contribution Marin Feed Cost Riverside sells its canoes for $500 each. Next year Riverside expects to sell 1,000 canoes. Required: Complete the Riverside's contribution margin income statement for each independent scenario. Assumin of Riverside's original data. (Round your unit contribution margin and contribution margin ratio to 2 de should be entered as 12.34%) and all other answers to the nearest dollar amount.) Scenario 1 Raises Sales Price to $600 per Canoe Scenario 2 Increase Sales Price and Variable Cost per Unit by 10 Percent Scenario 3 Decrease Fixed Cost by 20 Percent Unit Contribution Margin Contribution Margin Ratio % 96 % Contribution Margin Income Statement Sales Revenue Variable Costs Contribution Margin Fixed Costs Net Operating Income