E6-5 Calculating Contribution Margin and Contribution Margin Ratio; Identifying Break-Even Point, Target Profit [LO 6-1, 6-2]

Required: 1. Complete the following table. (Round your "Cost per Unit" answers to 2 decimal places.) Total costs Variable Costs Fixed Costs Total Costs Cost per Unit Variable Cost per unit Fixed Cost per unit Total Cost per Unit s s s 73,010 160,230 233,240 ono s ono s 0.00 2. Suppose Sandy Bank sells its canoes tor $600 each. Calculate the contribution margin per canoe and the contribution margin ratio. (Round your intermediate calculations and final answers to 2 decimal places. Round your "percentage" answer to 2 decimal places. (i.e. .1234 should be entered as 12.34%.)) unit Contribution Margin Contribution Margin Ratio per Canoe