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Riverside Inc, makes one model of wooden canoe. Partial information for it follows: Number of Cane Produced and sold 450 650 200 Total costs Variable

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Riverside Inc, makes one model of wooden canoe. Partial information for it follows: Number of Cane Produced and sold 450 650 200 Total costs Variable costs $ 65,250 6 94,250 $116,000 Fixed costs 280, 800 280, 800 280, 800 Total costa $346,050 6375, 050 $396, 800 Cost per unit Variable cost per unit 6. 145.00 # 145.00 145.00 Fixed cost per unit 624.00 432.00 351.00 Total cost per unit 769.00 6.577.00 # 496.00 Riverside sells its canoes for $800 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 (.e. 1234 should be entered as 12.34%) and all other answers to the nearest dollar amount.) 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.) Sconano 1 Ralses Sales Price to $900 per Canoe Scenario 2 Increase Sales Price and Scenario Variable Cost per Decrease Fixed Unit by 10 Percent Cost by 20 Percent Unit Contribution Margin Contribution Margin Ratio 16 Contribution Margin income Statement Conturbation Margin flet Operating income

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