Chec Sandy Bank, Inc., makes one model of wooden canoe. Partial information is given below. Required:...

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Chec 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 $590 each. Calculate the contribution margin per canoe and the contribution margin ratio. 3. This year Sandy Bank expects to sell 760 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 $73,000 profit this year. Calculate the number of canoes that must be sold to achieve this target. Complete this question by entering your answers in the tabs below. es 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 470 550 760 Total costs Variable Costs $ 69,560 Fixed Costs 153,690 Total Costs 24 223,250 $ Chec 4 target. Complete this question by entering your answers in the tabs below. 14.28 points Required 1 Required 2 Required 3 Required 4 Required 5 еВok Complete the following table. (Round your "Cost per Unit" answers to 2 decimal places.) Hint Number of Canoes Produced and Sold 470 550 760 Print Total costs Variable Costs $ 69,560 References Fixed Costs 153,690 Total Costs $ 223,250 $ o $ Cost per Unit Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit $ 0.00 $ 0.00 0.00 < Required1 Required 2 > Chec 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 $590 each. Calculate the contribution margin per canoe and the contribution margin ratio. 3. This year Sandy Bank expects to sell 760 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 $73,000 profit this year. Calculate the number of canoes that must be sold to achieve this target. Complete this question by entering your answers in the tabs below. es 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 470 550 760 Total costs Variable Costs $ 69,560 Fixed Costs 153,690 Total Costs 24 223,250 $ Chec 4 target. Complete this question by entering your answers in the tabs below. 14.28 points Required 1 Required 2 Required 3 Required 4 Required 5 еВok Complete the following table. (Round your "Cost per Unit" answers to 2 decimal places.) Hint Number of Canoes Produced and Sold 470 550 760 Print Total costs Variable Costs $ 69,560 References Fixed Costs 153,690 Total Costs $ 223,250 $ o $ Cost per Unit Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit $ 0.00 $ 0.00 0.00 < Required1 Required 2 >

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1 Number of Canoes Produced and Sold 470 550 760 Total costs Variable Costs 69560 94250 111650 Fix... View the full answer