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Number of Canoes Produced and Sold 440 580 760 Total costs $ 65,120$ 85,840 $ 112,480 147,400 $ 212,520 $233,240 259,880 Variable Costs Fixed Costs

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Number of Canoes Produced and Sold 440 580 760 Total costs $ 65,120$ 85,840 $ 112,480 147,400 $ 212,520 $233,240 259,880 Variable Costs Fixed Costs 147,400 147,400 Total Costs Cost per Unit Variable Cost per Unit Fixed Cost per Unit $ 148.00$148.00 148.00 193.95 $ 483.00$402.14S 341.95 335.00 254.14 Total Cost per Unit 2. Suppose Sandy Bank sells its canoes for $510 each. Calculate the contribution margin per canoe and 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 850 canoes. Prepare a contribution margin income statement for the company SANDY BANK, Inc Contribution Margin Income Statement For the Current Year Contribution Margin Income from Operations

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