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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 $540 cach. Calculate the contribution margin per cance and the contribution margin ratio 3. This year Sandy Bank expects to sell 850 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 eam $84,000 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 1 Required 2 Required 3 Required 4 Required 5 Suppose Sandy Bank wants to earn $84,000 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.) Targel Sales Units Canoes

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