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

Number of Canoes Produced and Sold
		455		605		755
Total costs
Variable costs	$	60,970		?		?
Fixed costs		148,700		?		?
Total costs	$	209,670		?		?
Cost per unit
Variable cost per unit		?		?		?
Fixed cost per unit		?		?		?
Total cost per unit		?		?		?

Required:

1. Complete the table.

3. Suppose Riverside sells its canoes for $502 each. Calculate the contribution margin per canoe and the contribution margin ratio.

4. Next year Riverside expects to sell 805 canoes. Complete the

Riverside Inc. makes one model of wooden canoe. Partial information for it follows: Number of Canoes Produced and Sold 455 605 755 Total costs Variable costs $ 60,970 ? Fixed costs 148,700 ? Total costs $209,670 Cost per unit Variable cost per unit 2 Fixed cost per unit ? ? Total cost per unit ? ? Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $502 each. Calculate the contribution margin per canoe and the contribution margin ratio. 4. Next year Riverside expects to sell 805 canoes. Complete the contribution margin income statement for the company. Complete this question by entering your answers in the tabs below. Required 1 Required 3 Required 4 Complete the table. (Round your cost per unit answers to 2 decimal places.) Number of Canoes Produced and Sold 455 605 755 Total Costs Variable Costs $ 60,970 Fixed Costs 148,700 Total Costs $ 209,670 Cost per Unit Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit