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Complete the questions with the data given please :) Riverside Inc. makes one model of wooden canoe. Partial Information for It follows: Number of Canoes
Complete the questions with the data given please :)
Riverside Inc. makes one model of wooden canoe. Partial Information for It follows: Number of Canoes Produced and sold 480 630 780 ? $ 69,600 149,700 $219,300 ? ? . Total costs Variable costs Fixed costs Total costs 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 $502 each. Calculate the contribution margin per canoe and the contribution margin ratio. 4. Next year Riverside expects to sell 830 canoes. Complete the contribution margin Income statement for the company. 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.) 480 6 30 7 80 Number of Canoes Produced and Sold Total Costs $ Variable Costs Fixed Costs Total Costs Cost per Unit Variable Cost per Unit 89,800 149,700 219,300 $ s Fixed Cost per Unit Total Cost per Unit $ 0.00 $ 0.00 $ 0.00 Required 1 Required 3 > Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $502 each. Calculate the contribution margin per canoe and the contribution margin ratio. 4. Next year Riverside expects to sell 830 canoes. Complete the contribution margin Income statement for the company. Complete this question by entering your answers in the tabs below. Required 1 Required 3 Required 4 Suppose Riverside sells its canoes for $502 each. Calculate the contribution margin per canoe and the coi margin ratio. (Round your contribution margin to the nearest whole dollar and your contribution margin ra nearest whole percent.) per canoe Unit Contribution Margin Contribution Margin Ratio Rcyuncu. 1. Complete the table. 3. Suppose Riverside sells its canoes for $502 each. Calculate the contribution margin per canoe and the contribution margin ratio. 4. Next year Riverside expects to sell 830 canoes. Complete the contribution margin Income statement for the company. Complete this question by entering your answers in the tabs below. Required 1 Required 3 Required 4 Next year Riverside expects to sell 830 canoes. Complete the contribution margin income statement for t (Round your contribution margin to 2 decimal places.) RIVERSIDE INC. Contribution Margin Income Statement For the Next Year Contribution Margin Net Operating IncomeStep by Step Solution
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