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Sandy Bank, Inc., makes one model of wooden canoe. Partial information is given below. points Required: 1. Complete the following table 2. Suppose Sandy Bank sells its Canoes for $550 each. Calculate the contribution margin per cance and the contribution margin ratio. 3. This year Sandy Bank expects to sell 750 cances, Prepare a contribution margin income statement for the company 4. Calcune Sandy Bank's break even point in units and in sales dollars 5. Suppose Sandy Bank wants to earn $82,000 profit this year. Calculate the number of canoes that must be sold to achieve this target Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Complete the following table (Round your "Cost per Unit" answers to 2 decimal places.) Number of Cance Produced and sold 70.000 Variable Costs Fixed Costs Total Costs 1500 Coster Unit Variable Cost per Unit Fund Cost per unit Total Cost per unit Chapter 6 Homework Problems Help Save & Exit Check Sandy Bank, Inc., makes one model of wooden canoe. Partial information is given below. 10 points Required: 1. Complete the following table 2. Suppose Sandy Bank sells its canoes for $550 each. Calculate the contribution margin per canoe and the contribution margin ratio. 3. This year Sandy Bank expects to sell 750 canoes. Prepare a contribution margin income statement for the company, 4. Calculate Sandy Bank's break-even point in units and in sales dollars. 5. Suppose Sandy Bank wants to earn $82,000 profit this year. Calculate the number of canoes that must be sold to achieve this target ebook References Complete this question by entering your answers in the tabs below. Reged 2 Required 1 Recured 2 Required 3 Required 4 Required 5 Suppose Sandy Bank sells its canoes for $550 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. (.e. 1234 should be entered as 12.34%) Unit Contribution Margin Contribution Margin Ratio per Cance ter 6 Homework PROUDU target Complete this question by entering your answers in the tabs below. Required 3 Required 5 Required 2 Required 4 Required 1 eBook This year Sandy Bank expects to sell 750 canoes. Prepare a contribution margin income statement for the company. (Round your intermediate calculations to 2 decimal places.) Print SANDY BANK, Inc. Contribution Margin Income Statement For the Current Yel Required 3 References Contribution Margin Income from Operations Sandy Bank, Inc., makes one model of wooden canoe. Partial information is given below. points Required: | Required 4 1. Complete the following table. 2. Suppose Sandy Bank sells its Canoes for $550 each. Calculate the contribution margin per canoe and the contribution margin ratio. 3. This year Sandy Bank expects to sell 750 candes. Prepare a contribution margin income statement for the company. 4. Calculate Sandy Bank's break-even point in units and in sales dollars. 5. Suppose Sandy Bank wants to earn $82,000 profit this year Calculate the number of canoes that must be sold to achieve this target eBook Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Required 3 Required 4 Required 5 Calculate Sandy Bank's break-even point in units and in sales dollars. (Round final answers to the nearest whole number.) Break-Even Units Canoes Break Even wes Revenue Sandy Bank, Inc., makes one model of wooden canoe. Partial information is given below. points Required: 1. Complete the following table. 2. Suppose Sandy Bank sells its Canoes for $550 each. Calculate the contribution margin per cance and the contribution margin ratio. 3. This year Sandy Bank expects to sell 750 canoes. Prepare a contribution margin income statement for the company 4. Calculate Sandy Bank's break-even point in units and in sales dollars. 5. Suppose Sandy Bank wants to earn $82,000 profit this year. Calculate the number of canoes that must be sold to achieve this target block Complete this question by entering your answers in the tabs below. References Required Required 1 Required 2 Required 3 Required 4 Required Suppose Sandy Bank wants to earn $82,000 profit this year Calculate the number of cances that must be sold to achieve this target. (Round Unit Contribution Margin to 2 decimal places. Round your answer to the next whole number) Target Sales his Cances
