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Riverside Inc. makes one model of wooden canoe. Partial Information for It follows: Number of Canoes Produced and Sold 490 640 790 Total costs Variable

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Riverside Inc. makes one model of wooden canoe. Partial Information for It follows: Number of Canoes Produced and Sold 490 640 790 Total costs Variable costs $ 66,150 Fixed costs 149,100 Total costs $215,250 Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $506 each. Calculate the contribution margin per canoe and the contribution margin ratio. 4. Next year Riverside expects to sell 840 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 $506 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.) por cance Unit Contribution Margin Contribution Margin Ratio

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