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Riverside Inc, makes one model of wooden canoe. Partial information for it follows: Number of cances Produced and Sofa! 460 610 760 Total costa Variable
Riverside Inc, makes one model of wooden canoe. Partial information for it follows: Number of cances Produced and Sofa! 460 610 760 Total costa Variable costa $ 64,400 2 2 Fixed costa 148, 900 2 2 Total costa $213,300 2 2 Cont per unit Variable coat per unit Fixed cost per unit Total cost per unit > 2 Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $505 each. Calculate the contribution margin per canoe and the contribution margin ratio: 4. Next year Riverside expects to sell 810 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 460 610 760 Total Costs $ Variable Costs Fixed Costs 64.400 148.900 213,300 Total Costs $ Cost per Unit Vanable Cost per Unit Fixed Cost per Unit Total Cost per Unit Required 3 >
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