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Riverside Inc. makes one model of wooden canoe. Partial Information for it follows: Number of Canoes Produced and sold 505 655 805 5 73,730 148,600

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Riverside Inc. makes one model of wooden canoe. Partial Information for it follows: Number of Canoes Produced and sold 505 655 805 5 73,730 148,600 $222,330 ? ? ? ? Total costs Variable costs Fixed costs Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit ? 2 2 ? 2 2 ? Required: 1. Complete the table 3. Suppose Riverside sells its canoes for $513 each Calculate the contribution margin per canoe and the contribution margin ratio 4. Next year Riverside expects to sell 855 canoes Complete the contribution margin income statement for the company Required 1 Required 3 Required 4 Complete the table. (Round your cost per unit answers to 2 decimal places.) 505 655 805 Number of Canoes Produced and Sold Total Costs Variable Costs $ 73,730 148.600 222.330 s Fixed Costs Total Costs Cost per Unit Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit Required 1 Required 3 Required 4 Suppose Riverside sells its canoes for $513 each. Calculate the contribution margin per canoe and the contribution marg ratio. (Round your contribution margin to the nearest whole dollar and your contribution margin ratio to the nearest who percent.) Unit Contribution Margin Contribution Margin Ratio per cande % Required 1 Required 3 Required 4 Next year Riverside expects to sell 855 canoes. Complete the contribution margin income statement for the company. (Round your contribution margin to 2 decimal places.) RIVERSIDE INC Contribution Margin Income Statement For the Next Year Contribution Margin Net Operating Income

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