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Sandy Bank, Incorporated, makes one model of wooden canoe. Partial information is given below. Required: Complete the following table. Suppose Sandy Bank sells its canoes

Sandy Bank, Incorporated, makes one model of wooden canoe. Partial information is given below.
Required:
Complete the following table.
Suppose Sandy Bank sells its canoes for $510 each. Calculate the contribution margin per canoe and the contribution margin ratio.
This year Sandy Bank expects to sell 820 canoes for $510 each. Prepare a contribution margin income statement for the company.
Calculate Sandy Bank's break-even point in units and in sales dollars. Sandy Bank sells its canoes for $510 each.
Suppose Sandy Bank wants to earn $79,000 profit this year. Calculate the number of canoes that must be sold to achieve this target. Sandy Bank sells its canoes for $510 each.
Complete this question by entering your answers in the tabs below.
Required 1
Required 2
Required 3
Required 4
Complete the following table.
Note: Round your "Cost per Unit" answers to 2 decimal places.
\table[[\table[[Number of Canoes Produced and Sold],[Total costs]],480,580,740],[,,,,,],[Variable Costs,$,67,200,$,81,200,$,103,600],[Fixed Costs,,161,760,,161,760,,161,760],[Total Costs,$,228,960,$,242,960,$,265,360],[Cost per Unit],[Variable Cost per Unit,$,140.00,$,140.00,$,140.00],[Fixed Cost per Unit,,337.00,,278.90,,218.59],[Total Cost per Unit,$,477.00,$,418.90,$,358.59]]
(Need 1-5)

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