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 $520 each. Calculate the contribution margin per canoe and the contribution marginatio 3. This year Sandy Bank expects to sell 810 canoes. Prepare a contribution margin income statement for the company 4. Calculate Sandy Bank's break-even point in units and in sales dollars S. Suppose Sandy Bank wants to earn $72.000 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. Requipa 1 Required 2 Required 3 Required 4 Required 5 Complete the following table. (Round your "Cost per unit answers to 2 decimal places) 490 700 $ Number of Canoes Produced and sold Total costs Variable costs Fixed Costs Total Costa Cost per Unit Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit 69.000 165.130 2347205 165.130 165.1305 $ 165,130 165.130 $ 141.00 5 14100 s 33700 478.00 5 $ 141005 14100 Required 2 > Prey Next > MacBook Pro Q G Search or type URL $ . $ 4 3 36 5 6 & 7 8 9 o V E R T Y 0 S D F G H L X V 00 N M Doints 2. Suppose Sandy Bank sells its canoes for $520 each. Calculate the contribution margin per cand and the combBON 3. This year Sandy Bank expects to sell 810 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 $72,000 profit this year. Calculate the number of canoes that must be sold to achiev target B00 Het Complete this question by entering your answers in the tabs below. Required 1 heureo 2 Required 3 Required 4 Required 5 Suppose Sandy Bank sells its canoes for 5520 each. Calculate the contribution margin per cance and the contribution margin ratio (Round your intermediate calculations and final antwers to 2 decimal places. Round your percentage answer to 2 Decimal places 1234 should be entered as 12,34%) per Care Una Contribution Marin Comibution Marina MacBook Pro G Search or type URL . */. 9 $ 4 % 5 7 3 & 7 6 8 9 o Q W E R T Y o C A S D F G H J N target. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Calculate Sandy Bank's break-even point in units and in sales dollars. (Round final answers to the nearest whole number.) Canoes Break-Even Units Break-Even Sales Revenue target Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Suppose Sandy Bank wants to earn $72,000 profit this year. Calculate the number of canoes that must be sold to achieve this target. (Round Unit Contribution Margin to 2 decimal places. Round your answer to the next whole number.) Target Sales Units Canoes Prey Next > MacBook Pro Q G Search or type URL $ . $ 4 3 36 5 6 & 7 8 9 o V E R T Y 0 S D F G H L X V 00 N M Doints 2. Suppose Sandy Bank sells its canoes for $520 each. Calculate the contribution margin per cand and the combBON 3. This year Sandy Bank expects to sell 810 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 $72,000 profit this year. Calculate the number of canoes that must be sold to achiev target B00 Het Complete this question by entering your answers in the tabs below. Required 1 heureo 2 Required 3 Required 4 Required 5 Suppose Sandy Bank sells its canoes for 5520 each. Calculate the contribution margin per cance and the contribution margin ratio (Round your intermediate calculations and final antwers to 2 decimal places. Round your percentage answer to 2 Decimal places 1234 should be entered as 12,34%) per Care Una Contribution Marin Comibution Marina MacBook Pro G Search or type URL . */. 9 $ 4 % 5 7 3 & 7 6 8 9 o Q W E R T Y o C A S D F G H J N target. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Calculate Sandy Bank's break-even point in units and in sales dollars. (Round final answers to the nearest whole number.) Canoes Break-Even Units Break-Even Sales Revenue target Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Suppose Sandy Bank wants to earn $72,000 profit this year. Calculate the number of canoes that must be sold to achieve this target. (Round Unit Contribution Margin to 2 decimal places. Round your answer to the next whole number.) Target Sales Units Canoes
