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Sandy Bank, incorporated, makes one model of wooden canoe. Partial information is given below Aequired: 1. Complete the following table 2. Suppose Sandy Bank sells

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Sandy Bank, incorporated, makes one model of wooden canoe. Partial information is given below Aequired: 1. Complete the following table 2. Suppose Sandy Bank sells its can@es for $550 each, Calculate the contrbution marpin per canoe and the contribution margin ratio 3. This yoar, Sandy Bank expects to sell 820 canees for $550 each. Prepare a contribution margin income statement for the compary 4. Calculate Sandy Bank's break even point in units and in sales dollars. Sandy Bank selis its canoes for $550 each. 5. Suppose Sandy Bank wants to eara $75,000 profit thes yeac Calculate the number of canoes that must be sold to achieve this. target Sondy fank sells its canees for 5550 each Complete this question by entering your answers in the tabs below. 5uppose Sandy Bank selis its canoes for $550 each. Calculate the contribution margin per canse and the contribution margin ratio. Note: Do not round your intermediate calculations. Hound your percentage answer to 2 decimal places, (lie 0.1234 should be entered as 12,34%,), flound your vest Contribution Margin answer to two decimal places. 2. Suppose Sandy Bank sells its canoes tor \$bU each. Calculate the contribution margin per canoe and the contribution 3. This year, Sandy Bank expects to sell 820 canoes for $550 each. Prepare a contribution margin income statement for 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 achi target. Sandy Bank sells its canoes for $550 each. Complete this question by entering your answers in the tabs below. Complete the following table. Note: Round your answers to 2 decimal places

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