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Number of Canoes Produced and sold 550 700 850 Total costa Variable costs $ 79,200 7 2 Fixed costa 149,000 2 2 Total costa $228,200

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Number of Canoes Produced and sold 550 700 850 Total costa Variable costs $ 79,200 7 2 Fixed costa 149,000 2 2 Total costa $228,200 2 2 Coat per unit Variable cont per unit 2 2 7 Fixed cost per unit 2 ? 2 Total cost per unit 2 2 ? Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $508 each, Calculate the contribution margin per canoe and the contribution margin ratio. 4. Next year Riverside expects to sell 900 canoes. Complete the contribution margin income statement for the company Complete this question by entering your answers in the tabs below. cos Required 1 Required 3 Required 4 Suppose Riverside sells its canoes for $508 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.) per cance Unit Contribution Margin Contribution Margin Ratio Riverside Inc. makes one model of wooden canoe. Partial Information for it follows: Number of Canoes Produced and sold 550 700 850 Total costa Variable costs $ 79,200 2 2 Fixed costs 149,000 2 Total costs $228,200 ? 7 Cost per unit Variable cost per unit ? 2 2 Fixed cost per unit ? 2 7 Total cost per unit 2 2 2 Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $508 each. Calculate the contribution margin per canoe and the contribution margin ratio. 4. Next year Riverside expects to sell 900 canoes. Complete the contribution margin income statement for the company. Complete this question by entering your answers in the tabs below. es Required 1 Required 3 Required Next year Riverside expects to sell 900 canoes. Complete the contribution margin Income statement for the company. (Round your Contribution margin to 2 decimal places.) RIVERSIDE INC Contribution Margin Income Statement For the Next Year Contribution Margin Not Operating Income

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