Complete the following table.

Suppose Sandy Bank sells its canoes for $$530$ each. Calculate the contribution margin per canoe and the contion

margin ratio.

This year Sandy Bank expects to sell $790$ canoes for $$530$ each. Prepare a contribution margin income statement for the

company.

Calculate Sandy Bank's break$-$even point in units and in sales dollars. Sandy Bank sells its canoes for $$530$ each.

Suppose Sandy Bank wants to earn $$83,000$ profit this year. Calculate the number of canoes that must be sold to

achieve this target. Sandy Bank sells its canoes for $$530$ each.

Complete this question by entering your answers in the tabs below.

Required $1$

Complete the following table.

Note: Round your "Cost per Unit" answers to $2$ decimal places.