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Riverside Inc. makes one model of wooden canoe. Partial information for it follows Number of Canoes Produced and Sold Total costs 600 750 Variable costs

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Riverside Inc. makes one model of wooden canoe. Partial information for it follows Number of Canoes Produced and Sold Total costs 600 750 Variable costs Fixed costs $ 52,000 $ 78,000 $ 97,500 180,000 180,000 180,000 $232,000 $ 258,000 $277,500 Total costs Cost per unit Variable cost per unit Fixed cost per unit $130.00 130.00 130.00 300.00 580.00 430.00 370.00 450.00 240.00 Total cost per unit Riverside sells its canoes for $660 each. Next year Riverside expects to sell 1,000 canoes. Required Complete the Riverside's contribution margin income statement for each independent scenario. Assuming each scenario is a variation of Riverside's original data as 12.34%) and all other answers to the nearest dollar amount.) Scenario1 Raises Sales Price to $760 per Canoe Scenario 2 Increase Sales Price and Variable Cost per Unit by 10 Percent Scenario 3 Decrease Fixed Cost by 20 Percent Unit Contribution Margin760,000.00 Contribution Margin Ratio $ 726,000.00 $ 660,000.00 Contribution Margin Income Statement Contribution Margin Net Operating Income

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