Sancly Bank, incorporated, makes one model of wooden canoe. Partial information is given below. Required: 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $500 each. Calculate the contribution margin per canoe and the contribution margin ravo. 3. This year Sandy Bank expects to sell 840 canoes for $500 each. Prepare a contributlon margin income statement for the company. 4. Caiculate Sandy Bank's break-even point in units and in sales doliars. Sandy Bank sells its canoes for $500 each. 5 . Suppose Sandy Bank wants to earn $72000 profit thls year. Calculate the number of canoes that must be sold to achleve this target. Sandy Bank sells its canoes for $500 each. Complete this question by entering your answers in the tabs below. Calculate Sandy Bank's break-even point in units and in sales dollars. Sandy Bank sells its canoes for $500 each. Note: Do not round your intermediate calculations. Round final answers to the nearest whole number. Sandy Bank, Incorporated, makes one model of wooden canoe. Partlal information is given below. Required: 1. Complete the following table. 2 Suppose Sandy Bank sells its canoes for $500 each. Calculate the contribution margin per canoe and the contrlbution margin ratio. 3. This year Sandy Bank expects to sell 840 canoes for $500 each. Prepare a contrlbution margin income statement for the company. 4. Calculate Sandy Bank's break-even point In units and In sales dollars. Sandy Bank sells its canoes for $500 each. 5. Suppose Sandy Bank wants to earn $72000 profit this year. Calculate the number of canoes that must be sold to achleve this target. Sandy Bank sells its canoes for $500 each. Complete this question by entering your answers in the tabs below. Complete the following table. Note: Round your "Cost per Unit" answers to 2 decimal places. Sandy Bank, Incorporated, makes one model of wooden canoe. Partial Information is glven below. Required: 1. Complete the following table. 2 Suppose Sandy Bank sells Its canoes for $500 each. Calculate the contribution margin per canoe and the contribution margin ratio 3. This year Sandy Bank expects to sell 840 canoes for $500 each. Prepare a contulbutlon margin income statement for the company 4. Calculate Sandy Bank's break-even point in units and in sales dollars. Sandy Bank sells its canoes for $500 each. 5. Suppose Sandy Bank wants to earn $72000 profit this year. Calculate the number of canoes that must be sold to achieve this target. Sandy Bank sells its canoes for $500 each. Complete this question by entering your answers in the tabs below. Suppose Sandy Bank wants to earn $72,000 profit this year. Calculate the number of canoes that must be sold to achieve this target. Sandy Bank sells its canoes for $500 each. Note: Round Unit Contribution Margin to 2 decimal places. Round your answer to the nearest whole number. Sandy Bank, Incorporated, makes one model of wooden canoe. Partlal Information Is given below. Required: 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $500 each. Calculate the contribution margin per canoe and the contribution margin ratlo. 3. This year Sandy Bank expects to sell 840 canoes for $500 each. Prepare a contribution margin Income statement for the company. 4. Calculate Sandy Bank's break-even point In units and In sales dollars. Sandy Bank sells its canoes for $500 each. 5. Suppose Sandy Bank wants to earn $72000 profit this year. Calculate the number of canoes that must be sold to achieve this target. Sandy Bank sells its canoes for $500 each. Complete this question by entering your answers in the tabs below. This year Sandy Bank expects to sell 840 canoes for $500 each. Prepare a contribution margin income statement for the company. Note: Round your intermediate calculations to 2 decimal places. Sandy Bank, incorporated, makes one model of wooden canoe. Partial information is given below. Required: 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $500 each. Calculate the contribution margin per canoe and the contribution margin ratio 3. This year Sandy Bank expects to sell 840 canoes for $500 each. Prepare a contribution margin Income statement for the company. 4. Calculate Sandy Bank's break-even poirt in units and in sales dollars. Sandy Bank sells its canoes for $500 each 5. Suppose Sandy Bank wants to eam $72000 profit this year. Cakulate the number of canoes that must be sold to achieve this target. Sandy Bank selis its canoes for $500 each. Complete this question by entering your answers in the tabs below. Suppose Sandy Bank sells its canoes for $500 each. Calculate the contribution margin per cance and the contribution margin ratio. Note: Round your intermediate calculations and Unit Contribution Margin answer to two decimal places. Round your "percentage" answier to 2 decimal places. (he. 0.1234 should be entered as 12.34%.)
