Required: 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $520 each. Calculate the contribution margin per canoe and the contribution margin ratio. 3. This year Sandy Bank expects to sell 820 canoes for $520 each. Prepare a contribution margin income statement for the company. 4. Calculate Sandy Bank's break-even point in units and in sales dollars. Sandy Bank sells its canoes for $520 each. 5. Suppose Sandy Bank wants to earn $74,000 profit this year. Calculate the number of canoes that must be sold to achieve this target. Sandy Bank sells its canoes for $520 each. 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. Note: Round your "Cost per Unit" answers to 2 decimal places. Number of Canoes Produced and Sold 480 550 730 Total costs Variable Costs Fixed Costs Total Costs $ 71,040 $ 81,400 $ 108,040 161,280 161,280 $ 232,320 $ 242.680 $ 161,280 269,320 Cost per Unit Variable Cost per Unit $ 148.00 $ 148.00 $ 148.00 Fand Cost per Unit 336.00 293.24 220.93 Total Cost per Unit $ 484.00 $ 441.24 $ 368.93) Required 2> Submit Check my work 5 2.5 pords 2 CAMO Required: 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $520 each. Calculate the contribution margin per canoe and the contribution margin ratio 3. This year Sandy Bank expects to sell 820 canoes for $520 each. Prepare a contribution margin income statement for the company 4. Calculate Sandy Bank's break-even point in units and in sales dollars. Sandy Bank sells its canoes for $520 each. 5. Suppose Sandy Bank wants to earn $74,000 profit this year. Calculate the number of canoes that must be sold to achieve this target. Sandy Bank sells its canoes for $520 each. Complete this question by entering your answers in the tabs below. Bock HIE Required 1 Prel Required 2 Required 3 Required 4 Required 2 Required 5 References Suppose Sandy Bank sells its canoes for $520 each. Calculate the contribution margin per canoe and the contribution margin ratio Note: Round your intermediate calculations and Unit Contribution Margin answer to two decimal places. Round your "percentage answer to 2 decimal places. (i.e. 0.1234 should be entered as 12.34%.) Unit Contribution Margin S Contribution Margin Ratio 372.00 per cance % Show less Chuck o wb 2.5. 5 pint 0417:36 Pe Referenc Saved Help Save & Exit Check my work 2. Suppose Sandy Bank sells its canoes for $520 each. Calculate the contribution margin per canoe and the contribution margin ratio 3. This year Sandy Bank expects to sell 820 canoes for $520 each. Prepare a contribution margin income statement for the company 4. Calculate Sandy Bank's break-even point in units and in sales dollars. Sandy Bank sells its canoes for $520 each 5. Suppose Sandy Bank wants to earn $74,000 profit this year Calculate the number of canoes that must be sold to achieve this target Sandy Bank seils its canoes for $520 each Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 This year Sandy Bank expects to sell 820 canoes for $520 each. Prepare a contribution margin income statement for the company Note: Round your intermediate Required 3 to 2 decimal places. SANDY BANK, INCORPORATED Contribution Margin Income Statement For the Current Year Sales Revenue $ 426,400 Variable Costs 121,360 Contribution Margin Costs 161,280 Income from Operatione 2.5 Required: points ORTAT wlook 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $520 each. Calculate the contribution margin per canoe and the contribution margin ratio 3. This year Sandy Bank expects to sell 820 canoes for $520 each. Prepare a contribution margin income statement for the company 4. Calculate Sandy Bank's break-even point in units and in sales dollars. Sandy Bank sells its canoes for $520 each 5. Suppose Sandy Bank wants to earn $74,000 profit this year. Calculate the number of canoes that must be sold to achieve this target. Sandy Bank sells its canoes for $520 each. Complete this question by entering your answers in the tabs below. Pr Ferences Required 1 Required 2 Required 3 Required 4 Required 5 Calculate Sandy Bank's break-even point in units and in sales dollars. Sandy Bank sells its canoes for $520 each. Note: Do not round your intermediate calculations. Round final answers to the nearest whole number. Break Even Units Break-Even Sales Revenue Canoes ets 04:17:36 Book muy baru, KS TROU wooden canoe, Partial information is given below. Required: 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $520 each. Calculate the contribution margin per canoe and the contribution margin ratio 3. This year Sandy Bank expects to sell 820 canoes for $520 each. Prepare a contribution margin income statement for the company 4. Calculate Sandy Bank's break-even point in units and in sales dollars. Sandy Bank sells its canoes for $520 each 5. Suppose Sandy Bank wants to earn $74,000 profit this year. Calculate the number of canoes that must be sold to achieve this target. Sandy Bank sells its canoes for $520 each. Complete this question by entering your answers in the tabs below. Hint Print Weferences Required 1 Required 2 Required 3 Required 4 Required 5 Suppose Sandy Bank wants to earn $74,000 profit this year. Calculate the number of canoes that must be sold to achieve this target. Sandy Bank sells its canoes for $520 each. Note: Round Unit Contribution Margin to 2 decimal places. Round your answer to the nearest whole number. Target Sales Units Cances