Riverside Incorporated makes one model of wooden canoe. Partial information for it follows: Suppose Riverside sells its canoes for $$506$ each. Calculate the contribution margin per canoe and the contribution margin

ratio.

Note: Round your contribution margin to the nearest whole dollar and your contribution margin ratio to the nearest whole

percent. Next year Riverside expects to sell $835$ canoes. Complete the contribution margin income statement for the company.

Note: Round your Contribution margin to $2$ decimal places.

Required:

Complete the table.

Suppose Riverside sells its canoes for $$506$ each. Calculate the contribution margin per canoe and the contribution margin ratio.

Next year Riverside expects to sell $835$ canoes. Complete the contribution margin income statement for the company.

Complete this question by entering your answers in the tabs below.

Complete the table.

Note: Round your cost per unit answers to $2$ decimal places.

Required $1$