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Riverside Inc. makes one model of wooden canoe, Partial information for it follows: Number of Canoes Produced and sold 550 700 850 Total costs Variable

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Riverside Inc. makes one model of wooden canoe, Partial information for it follows: Number of Canoes Produced and sold 550 700 850 Total costs Variable costs $ 79,200 2 2 Fixed costs 149,000 2 2 Total costs $228,200 2 2 Cost per unit Variable cost per unit 2 2 ? Fixed cost per unit 2 ? 2 Total cost per unit 2 2 2 Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $508 each. Calculate the contribution margin per canoe and the contribution marg 4. Next year Riverside expects to sell 900 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 550 700 850 Total Costs Variable Costs $ 79,200 Fixed Costs 149,000 Total Costs $ 228,200 $ 101,500 5 Cost per Unit Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit $ 0.00 $ 0.00 $ 0.00 0 Saved Riverside Inc. makes one model of wooden canoe. Partial information for it follows: Number of Canoes Produced and sold 550 700 850 Total costs Variable costs $ 79,200 2 Pixed conta 149,000 2 2 Total costs $228,200 2 2 Cost per unit Variable cost per unit 2 2 2 Fixed cost per unit 2 2 2 Total cost per unit 2 2 2 Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $508 each. Calculate the contribution margin per canoe and the contribution margin ratio. 4. Next year Riverside expects to sell 900 canoes. Complete the contribution margin income statement for the company. Complete this question by entering your answers in the tabs below. Required 1 Requiryd 3 Required 4 Suppose Riverside sells its canoes for $508 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.) Unit Contribution Margin Contribution Margin Ratio per canoe %

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