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6 Riverside Inc. makes one model of wooden canoe. Partial Information for It follows: Number of Canoes Produced and Sold 475 625 775 1 points
6 Riverside Inc. makes one model of wooden canoe. Partial Information for It follows: Number of Canoes Produced and Sold 475 625 775 1 points $ 62,700 149,500 $212, 2ee Skipped ? ? ? ? ? ? Total costs Variable costs Fixed costs Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit ? ? ? ? ? ? ? ? eBook 9 Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $508 each. Calculate the contribution margin per canoe and the contribution margin ratio. 4. Next year Riverside expects to sell 825 canoes. Complete the contribution margin Income statement for the company. 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.) 475 625 775 Number of Canoes Produced and Sold Total Costs Variable Costs Fixed Costs $ 62.700 149,500 Total Costs S 212,200 $ 0 s 0 Cost per Unit Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit $ 0.00 $ 0.00 $ 0.00 Required 1 Required 3 Required 4 Suppose Riverside sells its canoes for $508 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 canoe Unit Contribution Margin Contribution Margin Ratio 996 Required 1 Required 3 Required 4 Next year Riverside expects to sell 825 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 Contribution Margin Net Operating Income
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