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Calculations would be greatly appreciated as well! Riverside Inc. makes one model of wooden canoe. Partial information for it follows: Number of Canoes Produced and

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedCalculations would be greatly appreciated as well!

Riverside Inc. makes one model of wooden canoe. Partial information for it follows: Number of Canoes Produced and Sold 500 650 800 Total costs Variable costs $ 67,500 ? ? Fixed costs 149,500 ? ? Total costs $217,000 ? ? Cost per unit Variable cost per unit ? ? ? Fixed cost per unit ? ? ? Total cost per unit ? ? ? 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 850 canoes. Complete the contribution margin income statement for the company. 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.) Unit Contribution Margin per canoe Contribution Margin Ratio %

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