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Riverside Inc. makes one model of wooden canoe. Partial information for it follows: 450 650 900 Number of Canoes Produced and sold Total costs Variable

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Riverside Inc. makes one model of wooden canoe. Partial information for it follows: 450 650 900 Number of Canoes Produced and sold Total costs Variable costs Fixed costs Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 69,750 234,000 $303,750 $ 100,750 234,000 $ 334,750 $139,500 234,000 $373,500 $ 155.00 520.00 $ 675.00 $ 155.00 360.00 $ 515.00 $ 155.00 260.00 $ 415.00 Riverside sells its canoes for $750 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. (Round your unit contribution margin and contribution margin ratio to 2 decimal places (i.e. 1234 should be entered as 12.34%) and all other answers to the nearest dollar amount.) Answer is complete but not entirely correct. Scenario 2 Increase Sales Scenario 3 Scenario 1 Raises 361 x 421 x 182 X Net Operating Income $ 234 X $ 233 x $ 413 x

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