Sandy Bank, Incorporated, makes one model of wooden canoe. Partial information is given below. Required: 1. Compicte 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 760 canoes for $550 each. Prepare a contribution margin income statement for the company. 4. Caiculate Sandy Bank's breakeven point in units and in sales dollars. Sandy Bank selis its canoes for $550 each. 5. Suppose Sandy Bank wants to earn $83,000 profit this yeat. Calculate the number of cances that must be sold to achieve this target. Sandy Bank selis its canoes for $550 each Complete this question by entering your answers in the tabs below. Complete the following table. Note1 Round your "Cost per Unit" answers to 2 decimal places. Sandy Bank, Incorporated, makes one model of wooden canoe. Partial information is given below. Requlred: 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 760 canoes for $550 each. Prepare a contribution margin income statement for the company. 4. Calculate Sandy Bank's breakeven point in units and in sales dollars. Sandy Bank sells its canoes for $550each. 5. Suppose Sandy Bank wants to earn $83,000 profit this year. Calculate the number of canoes that must be sold to achieve this target Sandy Bank sells its canoes for $550 each. Complete this question by entering your answers in the tabs below. Suppose Sandy Bank sells its canoes for $550 each. Cakulate the contribution margin per canoe and the contnbution margin ratio. Note: Round your intermediate calculations and Unit Contribution Margin answer to two decimal places. Round your 'percentage' anwwer to 2 decimal places. (Le. 0.1234 should be entered as 12.34%.) Sandy Bank, Incorporated, makes one model of wooden canoe. Partial information is given below. Requlred: 1. Complete the following table 2 Suppose Sandy Bank selis its canoes for $550 each. Calculate the contribution margin per canoe and the contribution margin ratio. 3. This year Sandy Bank expects to sell 760 canoes for $550 each. Prepare a contribution margin incorne 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 $83.000 profit this year. Calculate the number of canoes that must be sold to achieve this target. Sandy Bank sells its canoes for $550 each. Complete this question by entering your answers in the tabs below. This year Sandy Bank expects to sell 760 canoes for $550 each. Prepare a contribution margin income statement for the company. Noter Round your intermediate calculations to 2 decirnal places. Sandy Bank, Incorporated, 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 760 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 $83.000 profit this year. Calculate the number of canoes that must be sold to achieve this target Sandy Bank sells its canoes for $550 each. Complete this question by entering your answers in the tabs below. Calculate Sandy Bank's breakeven point in units dad in sales dollars. Sandy Bank sells its canoes for 5550 each. Noter Do not round your intermedate calculations. Round final answers to the nearest whole number Sandy Bank, Incorporated, 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 rat 3. This year Sandy Bank expects to sell 760 canoes for $550 each. Prepare a contribution margin income statement for the compar 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 $83.000 profit this year. Calculate the number of canoes that must be sold to achieve this target. Sandy Bank sells its canoes for $550 each Complete this question by entering your answers in the tabs below. Suppose Sandy Bank wants to earn 583,000 profit this year. Calculate the number of canoes that must be sold to achieve this target. Sandy Bank sells its canoes for $550 each. Note: Round Unit Contribution Maroin to 2 decimal places. Round your answer to the nearest whole number
