Suppose Sandy Bank sells its canoes for $$600$ each. Calculate the contribution margin per canoe and the contribution margin ratio.

This year Sandy Bank expects to sell $780$ canoes for $$600$ 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 $$600$ each.

Suppose Sandy Bank wants to earn $$69,000$ profit this year. Calculate the number of canoes that must be sold to achieve this target. Sandy Bank sells its canoes for $$600$ each.

Complete this question by entering your answers in the tabs below.

Required $1$

Required $3$

Required $5$

Complete the following table.

Note: Round your "Cost per Unit" answers to $2$ decimal places.

$\backslash$table$[[$Number of Canoes Produced and Sold,,$470,630,800],[$Total costs$],[$Variable Costs,$$,69,090,,],[$Fixed Costs,,$151,810,,],[$Total Costs,$$,220,900,,],[$Cost per Unit$],[$Variable Cost per Unit$],[$Fixed Cost per Unit,,$2,,],[$Total Cost per Unit,,,,$]]$

Required:

Complete the following table.

Suppose Sandy Bank sells its canoes for $$600$ each. Calculate the contribution margin per canoe and the contribution margin ratio.

This year Sandy Bank expects to sell $780$ canoes for $$600$ 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 $$600$ each.

Suppose Sandy Bank wants to earn $$69,000$ profit this year. Calculate the number of canoes that must be sold to achieve this target. Sandy Bank sells its canoes for $$600$ each.

Complete this question by entering your answers in the tabs below.

Required $1$

Suppose Sandy Bank sells its canoes for $$600$ each. Calculate the contribution margin per canoe and the contribution margin ratio.

Note: Round your intermediate calculations and Unit Contribution Margin answer to two decimal places. Round your "percentage" answer to $2$ decimal places. $($i$.$e$.0\mathrm{.}1234$ should be entered as $12\mathrm{.}34\%.)$

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$\backslash$table$[[$Unit Contribution Margin$],[$Contribution Margin Ratio$]]$