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Just struggling with 4. Answers Riverside Inc. makes one model of wooden canoe. Partial information for it follows Number of Canoes Produced and Sold 815
Just struggling with 4. Answers Riverside Inc. makes one model of wooden canoe. Partial information for it follows Number of Canoes Produced and Sold 815 515 72.615 $222.515 665 Total costs Variable costs Fixed costs Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unt Required: Complete the table. (Round your cost per unit answers to 2 decimal places) of Canoes Produced and 665 815 Total Costs $ 72.615 149.900 S 222 515 Variable Costs Fixed Costs Total Costs Cost per Unit Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit 3. Suppose Riverside sells its canoes for $512 each. Calculate the contribution margin per canoe and the contribution margin ratio (Round your contribution margin to the nearest whole dollar and your contribution margin ratio to the nearest whole percent. Contribution Margin Ratio 4. Next year Riverside expects to sell 865 canoes Complete the contribution margin income statement for the company Margin Income Statement For the Next Year Contribution Margin Net Operating Income
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