this year sandy Bank expects to sell 810 canoes. Prepare a contribution margin income statement forbthe company.

2. Suppose Sandy Bank sollst cances for $550 each calculate the contribution margin percance and contribution marginal Round your places. Round your percentage answer to 2 decimal places. L. 1234 should be entered 12.34%) $ 407.00 per Cance Unit Contribution Margin Contribution Margin Ratio 72. 3. This year Sandy Bark expects to sell 810 canoes. Prepare a contribution margin income talement for the company. (Round your intermediate calculations to 2 decimal places) SANDY BANK, Inc. Contribution Margin income Statement For the current Year Maradost Net Income Net Operating Income Sales Revenue Variable Coats 2. Suppose Sandy Bank sells its cances for $560 each. Calculate the contribution margin per cance and the contribution marginato (Round your intermediate calculations and places. Round your percentage" answer to 2 decimal places. L . 1234 should be entered 12.34%.)) Unit Contribution Margin ! $ Contribution Margin Ratio 7 407.00 per Canoe 2.68 % 3. This year Sandy Bark expects to sell 810 canoes. Prepare a contribution margin income statement for the company. (Round your intermediate calculations to 2 decimal places. SANDY BANK, Inc. Contribution Margin Income Statement For the Current Year Variable costs Contribution Margin Income from Operations Sandy Bank, Inc., makes one model of wooden canoe. Partial information for it follows: Required 1. Complete the following table (Round your "Cost per Unit answers to 2 decimal places.) 500 610 T H $ Number of Canoes Produced and Sold Total costs Variable costs Feed Costs Total Costs Cost per Unit Variable Cost per Unit Fored Cost per Unit Total Cost per Unit 76.500 16500 245,000 93330 $ 16500 261.830 S 1140 168.500 287.840 $ S $ $ 153.00 337,00 490.00 153.00 276.231 429.23 150.00 216.03 369.03 $ $ $ 2. Suppose Sandy Bank sells its canoes for $560 each. Calculate the contribution margin per cance and the contribution margin ratio (Round your intermed places. Round your percentage" answer to 2 decimal places, ...1234 should be entered as 12.34%) Unit Contribution Margin 3 Contribution Margin Ratio 4 07.00 per Canoe 72.68%