Riverside Inc. mix one bottle of wooden canoe. partial information for it follows.

required:

1. complete the table

3. suppose Riverside sells its canoes for $515 each. Calculate the contribution margin per canoe in the contribution margin ratio.

4. next year Riverside expects to sell 815 canoes. Complete the contribution margin income statement for the company.

Riverside Inc. makes one model of wooden canoe. Partial information for it follows: Number of Canoes Produced and Sold 465 615 765 Total costs Variable costs $ 68,355 2 7 Fixed costs 149,000 ? 2 Total costs $217,355 ? ? Cost per unit Variable cost per unit 2 ? Fixed cost per unit ? Total cost per unit ? ? 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 815 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 it answers to 2 decimal places.) 465 615 765 $ Number of Canoes Produced and Sold Total Costs Variable Coats Fixed Costs Total Costs Cost per Un Variable Cost per Unit Food Cost per Unit Total Cost per Unit 68,355 149.000 217.355 5 $ OS o 0.00 $ 0.005 0.00 > Required a Riverside Inc, makes one model of wooden canoe. Partial information for it follows: Number of Canoes Produced and sold 465 615 765 Total costs Variable costs $ 68,355 7 Fixed costs 149,000 2 2 Total costs $217,355 2 2 Cost per unit Variable cost per unit ? 7 7 Fixed cost per unit 2 Total cost per unit ? ? Required: 1. Complete the table 3. Suppose Riverside sells its canoes for $515 cach. Calculate the contribution margin per canoe and the contribution margin ratio. 4. Next year Riverside expects to sell 815 canoes. Complete the contribution margin income statement for the company. Complete this question by entering your answers in the tabs below. Required 1 Required Required 4 Suppose Riverside sells its canoes for $515 each, 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 Canon % Required 1 Required 4 > Riverside Inc. makes one model of wooden canoe. Portial information for it follows: Number of Canoes Produced and sold 465 615 765 $ 68,355 149,000 $217,355 ? 2 2 ? ? ? Total costs Variable costs Fixed costs Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit 2 2 ? 2 ? ? ? ? ? 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 815 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 sel Required 4 your Contribution margin to 2 decimal places.) Complete the contribution margin income statement for the company. (Round RIVERSIDE INC Contribution Margin Income Statement For the Next Year Contribution Margin Net Operating Income