Sandy Bank, Inc, makes one model of wooden cance. Paitlal Information is given below. Required: 1. Complete the following table 2. Suppose Sandy Bank sells its canoes for $530 each. Calculate the contribution margin per canoe and the contribution margin ratio 3. This year Sandy Bank expects to sell 800 canoes. Prepare a contribution margin income statement for the company 4. Calculate Sandy Bank's break-even point in units and in sales dollars 5. Suppose Sandy Bank wants to earn $74,000 tarotit this year. Calculate the number of canoes that must be sold to achieve this target Complete this question by entering your answers in the tabs below. Required Required 2 Required 3 Required 4 Required 5 Complete the following table. (Round your "Cost per unit answers to 2 decimal places) 030 730 $ Number of Canos Produced and Bold Total costs Variable Cols Fred Costs Total Costs Cost per Unit Variable Cont per un Fred Cost per Unit Total Cost per Unit 51,320 136.000 197.400 0.00 0.00 000 Homework, Part 20 5 136 polets Sandy Bank, Inc., 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 $530 each. Calculate the contribution megin per cance and the contribution margin ratio 3. This year Sandy Bank expects to sell 800 canoes. Prepare a contribution margin income statement for the company 5. Suppose Sandy Bank wants to earn $74000 profit this year. Calculate the number of cances that must be sold to achieve this target D Complete this question by entering your answers in the tabe below. Hagured queda gured Required Heads Support Sandy Bank was its canoes for $530 cach. Calculate the contribution marmer cance and the contribution margin ratio (und your intermediate culations and final resta decima place on your per answer decimal places 12:34 should be entered 12.34%>> Unt Contribution Margin Contribution Margin Ratio Der Cance Required) 5 Sandy Bank, Inc, 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 $530 each. Calculate the contribution margin per cance and the contribution margin ratio 3. This year Sandy Bank expects to sell 800 cances Prepare a contribution margin income statement for the company 4. Calculate Sandy Bank's break even point in units and in sales dostars 5. Suppose Sandy Bank wants to earn $74.000 profit this year. Calculate the number of cances that must be sold to achieve this target Complete this question by entering your answers in the tabs below. Required! Required 2 Required) Hequired Required This year Sandy Bank expects to sell canoes. Prepare a contribution margin comestament for the company and your intermediate calculations to 3 decimal places) mo SANDY BANK, Inc Contributin Margin income talment For the current Yes Contribution Margin Income bom Operations (Nered Hered> Sandy Bank, Inc, 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 $530 each, Calculate the contribution margin per cance and the contribution margin ratio. 3. This year Sandy Bank expects to sell 800 canoes. Prepare a contribution margin income statement for the company 4. Calculate Sandy Bank's break-even point in units and in sales dollars 5. Suppose Sandy Bank wants to earn $74,000 profit this year. Calculate the number of canoes that must be sold to achieve this target Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Tequired 4 Required 5 Calculate Sandy Bank's break-even point in units and in sales dollars. (Hound finners to the nearest whole number) Break-even Units Break Even Sales Revenue Caros > Unt Contribution Margin Contribution Margin Ratio Der Cance Required) 5 Sandy Bank, Inc, 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 $530 each. Calculate the contribution margin per cance and the contribution margin ratio 3. This year Sandy Bank expects to sell 800 cances Prepare a contribution margin income statement for the company 4. Calculate Sandy Bank's break even point in units and in sales dostars 5. Suppose Sandy Bank wants to earn $74.000 profit this year. Calculate the number of cances that must be sold to achieve this target Complete this question by entering your answers in the tabs below. Required! Required 2 Required) Hequired Required This year Sandy Bank expects to sell canoes. Prepare a contribution margin comestament for the company and your intermediate calculations to 3 decimal places) mo SANDY BANK, Inc Contributin Margin income talment For the current Yes Contribution Margin Income bom Operations (Nered Hered> Sandy Bank, Inc, 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 $530 each, Calculate the contribution margin per cance and the contribution margin ratio. 3. This year Sandy Bank expects to sell 800 canoes. Prepare a contribution margin income statement for the company 4. Calculate Sandy Bank's break-even point in units and in sales dollars 5. Suppose Sandy Bank wants to earn $74,000 profit this year. Calculate the number of canoes that must be sold to achieve this target Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Tequired 4 Required 5 Calculate Sandy Bank's break-even point in units and in sales dollars. (Hound finners to the nearest whole number) Break-even Units Break Even Sales Revenue Caros
