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. Complete the following table. (Round your answers to z decimal places,) 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 cance 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. Sup a calculate the number of cances that must be sold to achieve this Complete this question by entering your answers in the tabs below. Suppose Sandy Bank sels its canoes for 9550 each. Calculate the contribution marpin per canoe and the contribution marpin. ratio. (Round your percentage answer to 2 decimal placts. (Ke. . 1234 thould be entered as 12.54 and bl) Sandy Bank, Inc., makes one model of wooden cance. Partial information is given below. Required: 1. Complete the following table. 2. Suppose Sandy Bank selis its conoes for $550 each. Caiculate the contribution margin per canoe and the contmbution margin ratio 3. This year Sandy Bank expects to sell 820 canoes. Prepare a contribution margin income statement for the company 4. Ca/culate 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 soid to achieve thes target. Complete this question by entering your answers in the tabs below. This vear Sandy llank expects to sell 620 canoes. Prepare a contribution margin income atatement for che company. Ciccund your intermadiate calculations to 2 decimal places.) Sandy Bank, Inc.i makes one model of wooden canoe. Partial information is given below. Required: 1. Complete the following table. 2. Suppose Sandy Bank selis its canoes for $550 each. Calculate the contribution margin per cance and the contibution 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. Sup target. - Palculate the number of canoes that must be sold to achieve this Complete this question by entering your answers in the tabs below. Calculate sandy Rank's break-ewen point in units and in sabos dollare. (Round finat an wers ty the noakest wholh nugiber) 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 seil 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. Sup to earn $75,000 profit this year. Calculate the number of canoes that must be sold to achieve this Complete this question by entering your answers in the tabs below. 5uppose Sandy Bank wants to earn $75,000 profit this year. Calculate the number of canoes that must he sold to achimuo this target. (Round Unit Contribution Hargin to 2 dedimal places. Pound your anwiber to the nearest whole numberd)
