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Sandy Bank, incorporated, makes one madel 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, incorporated, makes one madel 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 for $550 each. Prepare a contribution margin income statement for the company. 4. Calculate Sandy Bank's break-even point in units and in sales dollars. Sandy Bank sells its canoes for $550 each. 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. Sandy Bank sells its conoes for $550 each. Conplete this question by entering your answers in the tabs below, Suppose 5andy Eank wants to earn $75,000 profit this year. Gakulate the humber of cances that must be sold to achieve this target, Sandy iank selis its canoes for 5550 each. Note: Found Unit Contribution Margin to 2 decimal places. Round your answer to the nearest whale number. Sandy Bank, incorporated, makes one madel 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 for $550 each. Prepare a contribution margin income statement for the company. 4. Calculate Sandy Bank's break-even point in units and in sales dollars. Sandy Bank sells its canoes for $550 each. 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. Sandy Bank sells its conoes for $550 each. Conplete this question by entering your answers in the tabs below, Suppose 5andy Eank wants to earn $75,000 profit this year. Gakulate the humber of cances that must be sold to achieve this target, Sandy iank selis its canoes for 5550 each. Note: Found Unit Contribution Margin to 2 decimal places. Round your answer to the nearest whale number

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