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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

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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 $550 each. Calculate the contribution margin per canoe and the contribution margin ratio. 3. This year Sandy Bank expects to sell 750 canoes. Prepare a contribution margin income statement for the company 4. Calculate Sondy Bank's break-even point in units and in sales dollars. 5. Suppose Sandy Bank wants to earn $77,000 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 3 Required 4 Required Complete the following table. (Round your "Cost per Unit" answers to 2 decimal places.) Number of Cancer Produced and sold 490 630 730 Total costs Variable costs $ 72.030 Fixed Costs 163,660 Total Costs $ 235,690 $ 0 $ Cost per Unit Vanable Cost per Unit Fixed Cost per Unit Total Cost per Unit $ 0.00 $ 0.00 $ 0 0.00 Request Required 2 >

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