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Riverside Inc. makes one model of wooden canoe. Partial information for it follows: Riverside sells its canoes for $500 each. Next year Riverside expects to
Riverside Inc. makes one model of wooden canoe. Partial information for it follows: Riverside sells its canoes for $500 each. Next year Riverside expects to sell 700 canoes. Required: Prepare 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/Ratio" to 2 decimal places, and all other answers to the nearest whole dollar amount.)
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