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Riverside Inc. makes one model of wooden canoe. Partial information for follows: 400 600 750 Number of cances Produced and sold Total costs Variable costs
Riverside Inc. makes one model of wooden canoe. Partial information for follows: 400 600 750 Number of cances Produced and sold Total costs Variable costs Fixed costs $ $ 54,000 50,000 81.000 0.000 $ 101,250 60.000 Cost per unit Variable cost per unit Food cost perunt Total cost per unit 5.135.00 $ 1000 $ 285.00 S 135.00 10000 23500 $135.00 8000 $ 215.00 Riverside sols its canoes for $370 each. Next year Riverside expects to sell 1000 cances Required: Complete the Riverside's contribution margininome statement for chindependent s a Asing each onano nation of Riverside's on contribution margin ratio to two decimal places 1234 should be entered as 12.34% and all other answers to the nearest dollar amount) a data (Round your unit contribution margin and Required: Complete the Riverside's contribution margin income statement for each independent sonaria Assuming each so is a variation of Riverside's originaldate (Round your unit contribution margin and contribution margin ratio to two decimal places Le 1234 should be entered as 12.34%) and all other answers to the nearest dollar amount) Scenario 3 Scenario 1 Raises Sales Price to 1470 per Canoe Scenario 2 Increase Sales Price and Variable Cost per Unit by 10 Fixed Cost by 20 percent Unit Contbuien Margin Contribution in Ratio n Income Statement Hints References & T ources
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