Chapter 5 Homework Part 2 HE 9 Rvorside c.maxes one model of wooden canoe. Partial information for follow Code 10 100 Total Variable sota Tid conte S.N. Totalt 091,00 cost pe War Con PE Tid Totalter Required 1 Comitetible 3. Suppose Riverside ses its conces for $500 each Calculate the contribution marges per case and the contribution margin to 4. Next year Riverside spects to vel 50 cent Complete me contribution margin income statement for the company Complete this question by entering your awwers in the table. Roosid ured Rout Complete the table (round your stedes de les 30 300 8 umber was Padandad Town www Conte Find out Tour Costa Cost per un Vanish the Cooper Two por un 500 140.00 215,000 05 0 0.003 000 0.00 9 Riverside Inc, makes one model of wooden canoe. Partial information for it follows: 5 onts Number of Canoes Produced and sold 500 650 800 Total costs Variable costs $ 70.500 2 2 Pixed costs 148,500 2 2 Total costa $219.000 7 2 Coat per unit Variable cost per unit 7 2 2 Tixed cost per unit 7 2 2 Total cost per unit 2 2 2 Book Hint Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $500 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, Print References Complete this question by entering your answers in the tabs below. Required 1 Reaqired 3 Required 4 Suppose Riverside sells its canoes for $500 cach. 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 Contribution Margin Ratio per canon 9 Riverside Inc, makes one model of wooden canoe. Partial information for it follows: 1.5 points tumber of cances produced and hold -500 650 000 Total costs Variable costa $ 70,500 ? Fixed costs 148.500 2 ? Total costs $219,000 2 2 cost per unit Variable cost per unit 7 2 Fixed cost per unit 2 2 Total cost per unit 2 7 eBook Hint Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $500 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 Print Complete this question by entering your answers in the tabs below. References Required 1 Required) Required Next year Riverside expects to sell 850 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 Not Operating Income
