61 Saved 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 $600 each Calculate the contribution margin per canoe and the contribution margin ratio. 3. This year Sandy Bank expects to sell 820 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 $84.000 profit this year. Calculate the number of canoes that must be sold to achieve this target Complete this question by entering your answers in the tabs below. es Required 1 Required 2 Required Requred 4 Required S Complete the following table. (Round your "Cost per Unit" answers to 2 decimal places) 479 650 700 Number of cances Produced and Sold Total costs Vanable costs Faxed Costs Total costs $ 70,500 157450 227950 5 Cost per Unit Vanabo Cocor Unit Fund Cost per Unit Total cost per Unit Required 2 given below. Required: 1. Complete the following table 2. Suppose Sandy Bank sells its canoes for $600 each. Calculate the contribution margin per canoe and the contribution margin ratio 3. This year Sandy Bank expects to sell 820 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 $84,000 profit this year. Calculate the number of canoes that must be sold to achieve this target Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Required Required 5 Suppose Sandy Bank sells its canoes for $600 each. Calculate the contribution margin per cance and the contribution margin ratio (Round your intermediate calculations and final answers to 2 decimal places. Round your "percentago answer to 2 declinal places the 1234 should be entered M 12.34%..)) Unit Contribution Margin Contribution Margin Ratio por Canon Required: 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $600 each. Calculate the contribution margin per canoe and the contribution margin ratio. 3. This year Sandy Bank expects to sell 820 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 $84.000 profit this year. Calculate the number of canoes that must be sold to achieve this target Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required This year Sandy Bank expects to sell 820 canoes. Prepare a contribution margin income statement for the company. (Round your intermediate calculations to 2 decimal places.) SANDY BANK, Inc Contribution Margin Income Statement For the Current Year Contribution Margin Income from Operations Required: 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $600 each. Calculate the contribution margin per canoe and the contribution margin ratio, 3. This year Sandy Bank expects to sell 820 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 $84.000 profit this year. Calculate the number of cances that must be sold to achieve this target Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 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 Ever Sales Revenue Required: 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $600 each. Calculate the contribution margin per canoe and the contribution margin ratio 3. This year Sandy Bank expects to sell 820 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 $84.000 profit this year. Calculate the number of cances that must be sold to achieve this target Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Suppose Sandy Bank wants to earn $84,000 profit this year. Calculate the number of canoes that must be sold to achieve this Target (Round Unit Contribution Margin to 2 decimal places Round your answer to the next whole number) Thrget Sales Units Canoes