ezto.mh Student Home HW 8 (Chapters 5 & 6) HW 8: Chapters 5 & 6 Sandy Bank, Inc., makes one model of wooden canoe. Partial information for it follows: Required: Complete the following table. (Round your "cost per unit' answers to 2 decimal places.) Number of Canoes Produced and sold 490 550 750 Total costs T 78,400 Variable Costs Fixed Costs 159,740 Total Costs 238,140 Cost per Unit Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit 0.00 0.00 2. Suppose Sandy Bank sells its canoes for $540 each. Calculate the contribution margin per canoe an the contribution margin ratio. (Round your percentage" answer to 2 decimal places.) Unit Contribution Margin per Canoe Contribution Margin Ratio 3. This year Sandy Bank expects to sell 7go canoes. Prepare a contribution margin income statement for SANDY BANK, Inc