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please solve all parts - only need answers for highlighted blue cells on required one Riverside Inc. makes one model of wooden canoe. Partial information
please solve all parts - only need answers for highlighted blue cells on required one
Riverside Inc. makes one model of wooden canoe. Partial information for it follows: Number of Canoes Produced and Sold 505 655 B05 Total costs Variable costs $ 69,690 ? 2 Fixed costs 149,400 2 2 Total costs $ 219,090 2 2 Cost per unit Variable cost per unit 2 2 2 Fixed cost per unit 2 2 2 Total cost per unit 2 2 2 Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $509 each. Calculate the contribution margin per canoe and the contribution margin ratio. 4. Next year Riverside expects to sell 855 canoes. Complete the contribution margin income statement for the company. Complete this question by entering your answers in the tabs below. Required 1 Required 3 Required 4 Complete the table. (Round your cost per unit answers to 2 decimal places.) 505 655 805 Number of Canoes Produced and Sold Total Costs Variable Costs Fixed Costs $ 69,690 149,400 219,090 Total Costs $ Cnet nerlinit 4 7 ? ? ? 2 variable cost per unit Fixed cost per unit Total cost per unit 2 Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $509 each. Calculate the contribution margin per canoe and 4. Next year Riverside expects to sell 855 canoes. Complete the contribution margin income statemen Complete this question by entering your answers in the tabs below. Required 1 Required 3 Required 4 Complete the table (Round your cost per unit answers to 2 decimal places.) 505 655 805 Number of Canoes Produced and Sold Total Costs Variable Costs $ Fixed Costs 69,690 149,400 219,090 Total Costs $ Cost per Unit Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit 149,400 $219,090 2 2 2 Pixed costs Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit 2 2 2 2 2 2 ? 2 7 Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $509 each. Calculate the contribution margin per canoe and the contribution margin ratio. 4. Next year Riverside expects to sell 855 canoes. Complete the contribution margin income statement for the company. Complete this question by entering your answers in the tabs below. Required 1 Required 3 Required 4 Suppose Riverside sells its canoes for $509 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.) Unit Contribution Margin Contribution Margin Ratio per canoe % (Required 1 Required 4 > Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $509 each. Calculate the contribution margin per canoe and the contribution margin 4. Next year Riverside expects to sell 855 canoes. Complete the contribution margin income statement for the company. Complete this question by entering your answers in the tabs below. Required 1 Required 3 Required 4 Next year Riverside expects to sell 855 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 Net Operating Income Step by Step Solution
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