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Riverside Inc. makes one model of wooden canoe. Partial information for it follows: Number of Canoes Produced and Sold 550 750 900 Total costs Variable

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

Number of Canoes Produced and Sold 550 750 900
Total costs
Variable costs $ 115,500 $ 157,500 $ 189,000
Fixed costs 198,000 198,000 198,000
Total costs $ 313,500 $ 355,500 $ 387,000
Cost per unit
Variable cost per unit $ 210.00 $ 210.00 $ 210.00
Fixed cost per unit 360.00 264.00 220.00
Total cost per unit $ 570.00 $ 474.00 $ 430.00

Riverside sells its canoes for $650 each. Next year Riverside expects to sell 1,000 canoes.

Required:

Prepare Riversides contribution margin income statement for each independent scenario. Assuming each scenario is a variation of Riversides original data. (Round your "Unit Contribution Margin/Ratio" to 2 decimal places, and all other answers to the nearest whole dollar amount.)

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