Riverside Inc. makes one model of wooden canoe. Partial information for it follows:

Number of Canoes Produced and Sold
		510		660		810
Total costs
Variable costs	$	75,990		?		?
Fixed costs		149,700		?		?
Total costs	$	225,690		?		?
Cost per unit
Variable cost per unit		?		?		?
Fixed cost per unit		?		?		?
Total cost per unit		?		?		?

Required: 1. Complete the table. (Round your cost per unit answers to 2 decimal places.)

2. Suppose Riverside sells its canoes for $519 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.)

3. Next year Riverside expects to sell 860 canoes. Complete the contribution margin income statement for the company.

mber of Canoes Produced and Sold 510 660 810 Total Costs Variable Costs $75,990 Fixed Costs 149,700 Total Costs $ 225,690$ Cost per Unit Variable Cost per Unit Fixed Cost per Unit 0.00 | $. 0.00 $ 0.00 Unit Contribution Margin Contribution Margin Ratio RIVERSIDE INC. Contribution Margin Income Statement For the Next Year Contribution Margin Net Operating Income