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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 $67000 profit this year. Calculate the number of canoes that must be sold to achieve this target Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 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 Vanable costs Fixed Costs $ 72.480 155,520 228,000 $ $ Total Costs 05 Cost per Unit Variable Cost per Unit Fixed Cost per Unit Total Cost por Unit $ 0.00 $ 000 $ 000 Required Required 2 > 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 Complete this question by entering your answers in the tabs below. Required 1 Required a Required 3 Required 4 Required 5 Suppose Sandy Bank sells its canoes for $530 each. Calculate the contribution margin per canoe and the contribution margin ratio. (Round your intermediate calculations and final answers to 2 decimal places. Round your "percentage answer to 2 decimal places. (1.1234 should be entered as 12.34%. Unit Contribution Margin Contribution Margin Ratio por Cance % 5. Suppose Sandy Bank wants to earn $67.000 profit this year. Calculate the number of canoes that must be sold to achieve t target Complete this question by entering your answers in the tabs below. d Required 1 Required 2 Required 3 Required 4 Required 5 This year Sandy Bank expects to sell 820 canoes. Prepare a contribution margin income statement for the company. (Round your intermediate calculations to 2 decimal places.) SANDY BANK, Inc Contribution Margin Income Statement For the Current Year les Contribution Margin Income from Operations 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 the nearest whole number.) Break Even Units Canoes Break Even Sales Revenue 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 be sold to achieve this target. (Round Unit Contribution Margin to 2 decimal places. Round your answer to the next whole number.) Target Sales Units Canoes