5-17 (Algo) Determining Cost Behavior, Preparing Contribution Margin Income Statement [LO 5-1, 5-5) Riverside Inc makes one model of wooden canoe. Partial information for it follows: Number of Cance Produced and Sold 478 620 770 Total costs Variable costs Fixed costs Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 64,39 148,900 $213.290 2 2 > ? ? ? ? ? Required: 1. Complete the table 3. Suppose Riverside sells its canoes for $501 each Calculate the contribution margin per canoe and the contribution margin ratio 4. Next year Riverside expects to sell 820 cances. Complete the contribution margin income statement for the company Complete this question by entering your answers in the tabs below. Required 1 Required 3 Recured Complete the table. (Round You.cost per unit aniwers to 2 decimal places Complete this question by entering your answers in the tabs below. Required 1 Required 3 Required 4 Complete the table. (Round your cost per unit answers to 2 decimal places... 470 620 770 Number of Canoes Produced and Sold Total Costs 86,1801 Vanable Costs Fixed Costs 64,390 s 148.900 213,290 $ $ 86,180 $ 0 Total Costs Cost per Unit Variable Cost per Unit Foxed Cost per Unit Total Cost per Unit $ 0.00 $ 0.00 $ 0.00 3 Resund Required 3 > Required: 1. Complete the table. 3. Suppose Riverside sells its canoes for $501 each Calculate the contribution margin per canoe and the contribution m 4. Next year Riversideexpects to sell 820 canoes. Complete the contribution margin income statement for the company Complete this question by entering your answers in the tabs below. Required 1 Required 3 Required 4 Suppose Riverside sells its canoes for $501 each. Calculate the contribution margin per canoe and the contribution margin ratio. (Round your contribution margin to the nearest whole dollar and your contribution margin ratio to the nearest whole percent.) Unit Contribution Margin Contribution Margin Ratio per cance % Complete this question by entering your answers in the tabs below. Required 1 Required 3 Required 4 Next year Riverside expects to sell 820 canoes. Complete the contribution margin income statement for the company. (Round your contribution margin to 2 decimal places.) RIVERSIDE INC Contribution Margin income Staten For the Next Year Contribution Margin Net Operating income