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5 DO Sandy Bank, Inc. makes one model of wooden canoe. Partial information is given below. Required: 1. Complete the following table 2. Suppose Sandy

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5 DO 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 $520 each Calculate the contribution margin per canoe and the contribution margin ratio 3. This year Sandy Bank expects to sel 790 canoes. Prepare a contribution margin income statement for the company 4. Calculate Sandy Bank's break even point in units and in sales dolors. 5. Suppose Sandy Bank wants to earn $72.000 profit this year. Calculate the number of Cations that must be sold to achieve this target Complete this question by entering your answers in the tabs below. Required 1 Required Raqueda Required 4 Required Complete the following table (Round your "Cost per unit aniowers to 2 decimal places) Number of Canges Profuord and sold 450 600 10 Total costs Variatie Costs S 70450 Fored Costs 144.900 Tata Costs $ 215,560 Co per Unit Vrate Gosper Fuad Cowper Unit Town Coal per Unit Required 2 > 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 $520 each, Calculate the contribution margin per canoe and the contribution margin ratio 3. This year Sandy Bank expects to sell 790 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 $72,000 profit this year. Calculate the number of cances that must be sold to achieve this target BOOM Complete this question by entering your answers in the tabs below. re Required 1 Requirds 2 Required 3 References Required 4 Required 5 Suppose Sandy Bank seils its canoes for $520 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. (le 1234 should be entered as 12.34%)) Unit Contribution Margin Contribution Margin Rato 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 790 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 $72,000 profit this year. Calculate the number of canoes that must be sold to achieve this target. ook Complete this question by entering your answers in the tabs below. Hint berences Required 1 Required 2 Required Required Required 5 Calculate Sandy Bank's break-even point in units and in sales dollars. (Round final answers to the nearest whole number) Canoes Break Even Units Break Even Sales Revenue 3 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 $520 each. Calculate the contribution margin per canoe and the contribution margin ratio. 3. This year Sandy Bank expects to sell 790 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 $72,000 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 Dolences Required 2 Required Required* Required I Suppose Sandy Bank wants to earn $72,000 profit this year. Calculate the number of cances that must be sold to achieve this target. (Round Unit Contribution Margin to 2 decimal places. Round your answer to the next whole number) Target Sales Canoes

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