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5 Riverside Inc. makes one model of wooden canoe. Partial information for it follows: 1 points Number of Canoes Produced and Sold 465 615 Total
5 Riverside Inc. makes one model of wooden canoe. Partial information for it follows: 1 points Number of Canoes Produced and Sold 465 615 Total costs 765 Variable costs $ 66,960 ? ? Fixed costs 149,700 ? 7 Total costs $216,660 ? ? Cost per unit Variable cost per unit 2 ? ? Fixed cost per unit 7 ? 7 Total cost per unit 2 7 ? eBook Hint Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $506 each. Calculate the contribution margin per canoe and the contribution margin ratio. 4. Next year Riverside expects to sell 815 canoes. Complete the contribution margin income statement for the company. Print References 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 Canoes Produced and sold 465 615 765 Total Costs Variable costs $ 66,960 Fixed Costs 149.700 Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $506 each. Calculate the contribution margin per canoe and the contribution margin ratio 4. Next year Riverside expects to sell 815 canoes. Complete the contribution margin income statement for the company. s Complete this question by entering your answers in the tabs below. eBook Hint Print Required 1 Required 3 Required 4 Complete the table. (Round your cost per unit answers to 2 decimal places.) Number of Canoes Produced and sold 465 615 765 Total Costs Variable Costs $ 66.900 Fixed Costs 149.700 Total Costs $ 216,660 $ 05 Cost per Unit Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit $ 0.00 $ 0.00 $ 0.00 References Required 3 > 5 Fixed cost per unit Total cost per unit ? } } 7 points Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $506 each. Calculate the contribution margin per canoe and the contribution margin ratio. 4. Next year Riverside expects to sell 815 canoes. Complete the contribution margin income statement for the company. Complete this question by entering your answers in the tabs below. Box Required 1 Required 3 Required 4 Hint Suppose Riverside sells its canoes for $506 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.) Print References Unit Contribution Margin Contribution Margin Ratio per canoe % Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $506 each. Calculate the contribution margin per canoe and the contribution margin ratio. 4. Next year Riverside expects to sell 815 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 815 canoes. Complete the contribution margin income statement for the company. (Round your Contribution margin to 2 decimal places.) RIVERSIDE INC Contribution Margin Income Statement For the Next Year 1 ences Contribution Margin Net Operating Income
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