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Riverside Inc. makes one model of wooden canoe. Partial information for it follows: 900 Number of Canoes Produced and Sold Total costs 550 750 Variable
Riverside Inc. makes one model of wooden canoe. Partial information for it follows: 900 Number of Canoes Produced and Sold Total costs 550 750 Variable costs Fixed costs $104,500 142,500 $171,000 198,000 198,000 $302,500 340,500 $ 369,000 198,000 Total costs Cost per unit Variable cost per unit Fixed cost per unit 190.00 190.00 190.00 264.00 220.00 550.00 454.00 410.00 360.00 Total cost per unit Riverside sells its canoes for $630 each. Next year Riverside expects to sell 1,000 canoes
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