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Riverside Inc. makes one model of wooden canoe. Partial information for it follows: Complete the table and ( Round the cost per unit answers to
Riverside Inc. makes one model of wooden canoe. Partial information for it follows:
Complete the table and Round the cost per unit answers to decimal places.
Suppose Riverside sells its canoes for $ each. Calculate the contribution margin per canoe and
the contribution margin ratio. Round your contribution margin to the nearest whole dollar and your
contribution margin ratio to the nearest whole percent.
Next year Riverside expects to sell canoes. Complete the contribution margin income statement
for the company. Round your Contribution margin to decimal places.
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