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Riverside Inc. makes one model of wooden canoe. Partial information for it follows 400 750 Number of Canoes Produced and Sold Total costs 600 Variable
Riverside Inc. makes one model of wooden canoe. Partial information for it follows 400 750 Number of Canoes Produced and Sold Total costs 600 Variable costs Fixed costs 52,000 $ 78,000 $ 97,500 180,000 180.000 $232,000 $ 258,000 $277,500 180,000 Total costs Cost per unit Variable cost per unit Fixed cost per unit $130.00130.00 $ 130.00 300,00 240.00 450,00 Total cost per unit $580.00 430.00 $ 370.00 Riverside sells its canoes for $660 each. Next year Riverside expects to sell 1,000 canoes Requirecd Complete the Riverside's contribution margin income statement for each independent scenario. Assuming each scenario is a variation of Riverside's original data. (Round your unit contribution margin and contribution margin ratio to two decimal places (i.e. .1234 should be entered as 12.34%) and all other answers to the nearest dollar amount.)
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