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Sandy Bank, Inc, makes one model of wooden canoe. Partial information is given below. Required: 1. Complete the following table, 2. Suppose Sandy Bank sells its canoes for $530 each. Calculate the contribution margin per canoe and the contribution margin ratio. 3. This year Sandy Bank expects to sell 820 canoes. Prepare a contribution margin income statement for the company 4. Calculate Sandy Bank's break even point in units and in sales dollars. 5. Suppose Sandy Bank wants to earn $67,000 profit this year . Calculate the number of canoes that must be sold to achieve this target Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required Required 3 Required 4 Required 5 Complete the following table. (Round your "Cost per Unit" answers to 2 decimal places) Number of Canoes Produced and Sold 480 650 780 Total costs Vanablo Costs s 72,480 83,050 $ 117,780 Fixed Costs 155,520 155,520 155,520 Total Costs S 228.000 S 238,570 S 273,300 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Complete the following table. (Round your "Cost per Unit" answers to 2 decimal places.) 480 550 780 Number of Canoes Produced and Sold Total costs Variable Costs Fixed Costs $ S $ 72,480 155,520 228,000 83,050 155,520 238,570 117,780 155,520 273,300 Total Costs $ S Cost per Unit Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit 151.00 $ 324 00 151.00 283 00 hing 151.00 199.00 350.00 A 475 00 434.00 $ Required Required 2 > by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Suppose Sandy Bank sells its canoes for $530 each. Calculate the contribution margi ratio. (Round your intermediate calculations and final answers to 2 decimal places. Rc decimal places. (i.e. .1234 should be entered as 12.34%.)) $ Unit Contribution Margin Contribution Margin Ratio 399.00 X per Canoe 75.28 X % 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $530 each. Calculate the contribution margin pe 3. This year Sandy Bank expects to sell 820 canoes. Prepare a contribution margin incomes 4. Calculate Sandy Bank's break-even point in units and in sales dollars. 5. Suppose Sandy Bank wants to earn $67,000 profit this year. Calculate the number of canc target * Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Calculate Sandy Bank's break-even point in units and in sales dollars. (Round final answers to th Break-Even Units Break-Even Sales Revenue 390 X Canoes 206,589 IS target. % Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Suppose Sandy Bank wants to earn $67,000 profit this year. Calculate the number of canoes that must target. (Round Unit Contribution Margin to 2 decimal places. Round your answer to the next whole num Target Sales Units 558 Canoes