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Riverside Inc makes one model of wooden canoe. Partial information for it follows Number of Canoes Produced and Sold 480 630 780 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 480 630 780 Total costs Variable costs Fixed costs Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $64,320 148,500 $212,820 2 2 2 > > ? ? 2 2 Required: 1. Complete the table 3. Suppose Riverside sells its canoes for $519 each, Calculate the contribution margin per canoe and the contribution margin ratio 4. Next year Riverside expects to sell 830 canoes. Complete the contribution margin income statement for the company

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