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Riverside Inc, makes one model of wooden canoe. Partial information for it follows: Mumber of Canoon Produced and sold 460 610 760 Total costs Variable
Riverside Inc, makes one model of wooden canoe. Partial information for it follows: Mumber of Canoon Produced and sold 460 610 760 Total costs Variable costs $ 60,260 2 2 Fixed coats 149 300 2 2 Total conta $209,560 2 2 Cont per unit Variable cost per unit 2 2 2 Pixed cost per unit ? ? 2 Total cost per unit 2 2 2 Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $504 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. 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.) Number of Canoes Produced and Sold 460 610 to Totil Costs Variable Costs $ 60,200 Fixed Costs 149,300 Total Costs $ 209,560 S OS Cost per Unit Variable Cost or Unit 0 $209,560 2 2 Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit 2 2 2 2 2 2 2 2 2 Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $504 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. 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.) 460 610 760 Number of Canoes Produced and Sold Total Costs $ 60,260 149,300 209,560 $ $ 0 $ Variable Costs Fixed Costs Total Costs Cost per Unit Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit $ 0.00 S 0.00 $ 0.00 RODIT Required 3 > Mamber of Cance Produced and sold 460 610 760 Total costs Variable costs $ 60,260 12 2 Tixed costs 149.300 Total costa $209,560 2 2 Cost per unit Variable cost per unit 2 2 Fixed cost per unit 2 ? 2 Total cost per unit 2 ? 2 Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $504 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, Complete this question by entering your answers in the tabs below. Required 1 Required 3 Required 4 Suppose Riverside sells its canoes for $504 cach. 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.) Unit Contribution Margin Contribution Margin Ratio per canoe 2 Variable cost per unit Fixed cost per unit Total cost per unit ? 2 ? 7 2 2 7 Required: 1. Complete the table 3. Suppose Riverside sells its canoes for $504 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 Complete this question by entering your answers in the tabs below. Required 1 Required 3 Required 4 Next year Riverside expects to sell 810 canoes. Complete the contribution margin income statement for the company. (Round your contribution margin to 2 decimal places.) RIVERSIDE INC Contribution Margio Income Statement For the Next Year Contribution Margin Net Operating income
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