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Please help with questions in red E6-5 Calculating Contribution Margin and Contribution Margin Ratio; ldentifying Break-Even Point, Target Proft L0 61,62) Sandy Bank, Inc., makes
Please help with questions in red
E6-5 Calculating Contribution Margin and Contribution Margin Ratio; ldentifying Break-Even Point, Target Proft L0 61,62) Sandy Bank, Inc., makes one model of wooden canoe. Partial information for itfollows: Required: 1. Complete the tollowing table. (Round your "Cost per Unit" answers to 2 decimal places.) 3 Answer is complete but not entirely correct. 460 640 740 Total costs S 72.680 5 101,0115 116,794 72,680 101,011 116,794 Variable Costs | 151.800 | 151.800 151.800 s 224480 S 252.811S 268,594 Fixed Costs Total Costs Cost per Unit Variable Cost per Unit Fixed Cost per Unit s 157 830s 157 830s 157 83 300237.9 205 14 39502 S 362.97 Total Cost per Unit S 487.83 2. Suppose Sandy Bank sells its canoes for $520 each Calculate the contribution margin per decimal places. Round your "percentage answer to 2 decimal places. (t.e 1234 should be entered as canoe and the contribution margin ratio (Round your intermedi Answer is complete but not entirely correct. Type here to search Step by Step Solution
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