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Riverside Inc. makes one model of wooden canoe. Partial information for it follows: Number of Canoes Produced and Sold 540 620 780 Total costs Variable

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Riverside Inc. makes one model of wooden canoe. Partial information for it follows: Number of Canoes Produced and Sold 540 620 780 Total costs Variable costs Fixed costs Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 67,500 150,000 $217,500 ? ? 2 ? ? ? ? ? ? ? ? ? 2 ? Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $500 each Calculate the contribution margin per canoe and the contribution margin ratio. 4. Next year Riverside expects to sell 700 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.) 540 620 780 $ Number of Canoes Produced and Sold Total Costs Variable Costs Fixed Costs Total Costs Cost per Unit 67,500 150,000 217,500 $ $ 0 $ 0 ? Variable cost per unit Fixed cost per unit Total cost per unit ? ? ? ? Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $500 each. Calculate the contribution margin per canoe and the contribution margin ratio 4. Next year Riverside expects to sell 700 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.) 540 620 780 $ Number of Canoes Produced and Sold Total Costs Variable Costs Fixed Costs Total Costs Cost per Unit Variable Cost per Unit Fred Cost per Unit Total Cost per Unit 67,500 150,000 217,500 5 $ 0$ 0 $ 0.00 $ 0.00 $ 0.00 Rogulred Required 3 > Total cost per unit Required: 1. Complete the table. 8 3. Suppose Riverside sells its canoes for $500 each. Calculate the contribution margin per canoe and the contribution margin rati 4. Next year Riverside expects to sell 700 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 Next year Riverside expects to sell 700 canoes. Complete the contribution margin income statement for the company. RIVERSIDE INC. Contribution Margin Income Statement For the Next Year ces Contribution Margin Net Operating Income

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