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E5-17 (Algo) Determining Cost Behavior, Preparing Contribution Margin Income Statement [LO 5-1, 5-5] Riverside Incorporated makes one model of wooden canoe Partial information for it

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E5-17 (Algo) Determining Cost Behavior, Preparing Contribution Margin Income Statement [LO 5-1, 5-5] Riverside Incorporated makes one model of wooden canoe Partial information for it follows: Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $507 each. Calculate the contribution margin per canoe and the contribution margin ratio 4. Next year Riverside expects to sell 825 canoes. Complete the contribution margin income statement for the compony. Complete this question by entering your answers in the tabs below. Complete the table: Note; Round your cost per unit answers to 2 dedimal places. E5-17 (Algo) Determining Cost Behavior, Preparing Contribution Margin Income Statement [LO 5-1, 5-5] Riverside Incorporated makes one model of wooden canoe. Partal information for it follows. Required: 1. Complete the table 3. Suppose Riverside sells its canoes for $507 each. Calculate the contribution margin per canoe and the contribution margin ratio 4. Next year Riverside expects to sell 825 canoes. Complete the contribution margin income statement for the company Complete this question by entering your answers in the tabs below. Suppose Riverside sells its cances for $507 each. Calculate the contribution margin per canoe and the contribution margin ratio. Note: Round your contribution margin to the nearest whole dollar and your contribution margin ratio to the nearest whole percent. lequired: . Complete the table 3. Suppose Riverside sells its canoes for $507 each. Calculate the contribution margin per canoe and the contribution margin ratio. . Next year Riverside expects to sell 825 canoes. Complete the contribution margin income statement for the company Complete this question by entering your answers in the tabs below. Next year Riverside expects to sell 825 canoes. Complete the contribution margin income statement for the company. Note: Round your Contribution margin to 2 decimal places

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