Riverside Incorporated makes one model of wooden canoe. Partial information for it follows:

Required:

Complete the table.

Suppose Riverside sells its canoes for $$509$ each. Calculate the contribution margin per canoe and the contribution margin ratio.

Next year Riverside expects to sell $820$ 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.