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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
sandy bank, inc., makes one model of wooden canoe. Partial information is given below.
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 820 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 $75,000 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 Required 4 Required 5 Complete the following table. (Round your answers to 2 decimal places.) 400 600 750 Number of Canoes Produced and Sold Total Costs Variable Costs Fbed Costs Total Costs $ S 67 500.00 150,000.00 217,500.00 $ $ 0.00 $ 0.00 Prev 1 of 4 !!! Next > 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.
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