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Riverside Inc. makes one model of wooden canoe. Partial information for it follows: Number of Canoes Produced and Sold 460 610 760 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 460 610 760 Total costs Variable costs $ 65,320 2 2 Fixed costs 149,800 2 ? Total costs $215, 120 7 2 Cost per unit Variable cost per unit 2 2 ? Fixed cost per unit 2 Total cost per unit 7 ? Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $515 each. Calculate the contribution margin per canoe and the contribution margin ratio, 4. Next year Riverside expects to sell 810 canoes. Complete the contribution margin income statement for the company, 460 610 760 Number of Canoes Produced and Sold Total Costs Variable Costs Fixed Costs Total Costs $ 65,320 149,800 215,120 $ $ 0 $ 0 Cost per Unit Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit $ 0.00 $ 0.00 $ 0.00 per canoe Unit Contribution Margin Contribution Margin Ratio % RIVERSIDE INC. Contribution Margin Income Statement For the Next Year Contribution Margin Net Operating Income

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