Chapter 5 Homework E5-14 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 Canoes Produced and Sold 505 655 805 Total costs Variable costs Fixed costs $ 68,175 148,100 $216,275 Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit Required 1. Complete the table. (Round your cost per unit answers to 2 decimal places.) Number of Canoes Produced and Sold 505 655 805 Total Costs Variable Costs 68,175 Fixed Costs 148,100 Total Costs $216,275 S 0 Cost per Unit Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit 0.00 0.00$ 0.00 3. Suppose Riverside sells its canoes for $500 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