Riverside Inc. makes one model of wooden canoe. Partial information for It follows: 7 50 9 00 Number of Canoes Produced and sold 550 Total costs Variable costa $110,000 Pixed costs 9 9,000 Total costs $209,000 Cost per unit Variable cost per unit $ 200.00 Fixed cost per unit 180.00 Total cost per unit $ 380.00 $150,000 99,000 $249,000 $180,000 99,000 $279,000 $ 200.00 132.00 $ 332.00 $ 200.00 110.00 $ 310.00 Riverside sells its canoes for $460 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 rallo to 2 decimal places (.e. 1234 should be entered as 12.34%) and all other answers to the nearest dollar amount.) Exercises Pt 2 Help 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.) Sales Price to $560 per Canoe Decrease cost by 20 Percent Sales Pnce Variable cont per Unit by 10 Percent $ 350.00 76.09% S Unit Contribution Margins Contribution Margin Ratio 350.00 76.09% 350.00 76.09 Sales Revenue Variable Costs Contribution Margin Income Statement $ 253,000 S 345,000 60,500 82,500 414,000 99,000 $ Contribution Margin Fixed Costs 192,500 99,000 262,500 99,000 315,000 9,900 Net Operating Income 163,500 216,000 A LA EPICA PODNO M SW9