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Saved Connect Sandy Bank, Inc., makes one model of wooden canoe. Partial information is given below Required: 1. Complete the following table. 2. Suppose Sandy

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Saved Connect 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 each. Calculate the contribution margir per canoe and the contribution margin ratio. 3. This year Sandy Bank expects to sell 770 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 earn $80,000 profit this year. Calculate the number of canoes that must be sold to achieve this target. mt int rences Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Complete the following table. (Round your "Cost per Unit" answers to 2 decimal places.) Number of Canoes Produced and Sold 400 620 740 Total costs Variable Costs $ 59.2001 Fixed Costs 129,600 Total Costs $ 188,800 $ 0 $ Cost per Unit Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit $ 0.00 $ 0.00 $ 0 0.00 Required 1 Required 2 >

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