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mework _ Ch 5 i Saved 5 - 1 7 ( Algo ) Determining Cost Behavior, Preparing Contribution Margin Income Statement [ LO 5 -
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Algo Determining Cost Behavior, Preparing Contribution Margin Income Statement LO
Riverside Inc. makes one model of wotden canoe. Partial information for it follows:
oints
Number of Canoes Produced and Sold
Total costs
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Hint
Asik
Variable costs
Fixed costs
Total costs
Cost per unit
Variable cost per unit
Fixed cost per unit
Total cost per unit
$
References
Required:
Complete the table.
Suppose Riverside sells its canoes for $ each. Calculate the contribution margin per canoe and the contribution margin ratio.
Next year Riverside expects to sell canoes. Complete the contribution margin income statement for the company.
Complete this question by entering your answers in the tabs below.
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Required
Required
Complete the table. Round your cost per unit answers to decimal places.
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