$E6-5(Algo)$ Calculating Contribution Margin and Contribution Margin Ratio; Identifying Break$-$Even

Point, Target Profit $[LO6-1,6-2]$

Sandy Bank, Incorporated, makes one model $of$ wooden canoe. Partial information $is$ given below.

Required:

Complete the following table.

Suppose Sandy Bank sells its canoes for $$510$ each. Calculate the contribution margin per canoe and the contribution margin ratio.

This year Sandy Bank expects $to$ sell $820$ canoes for $$510$ 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 $$510$ each.

Suppose Sandy Bank wants $to$ earn $$81,000$ profit this year. Calculate the number $of$ canoes that must $be$ sold $to$ achieve this

target. Sandy Bank sells its canoes for $$510$ each.

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

Complete the following table.

Note: Round your "Cost per Unit" answers $to2$ decimal places. $E6-5(Algo)$ Calculating Contribution Margin and Contribution Margin Ratio; Identifying Break$-$Even

Point, Target Profit $[LO6-1,6-2]$

Sandy Bank, Incorporated, makes one model $of$ wooden canoe. Partial information $is$ given below.

Required:

Complete the following table.

Suppose Sandy Bank sells its canoes for $$510$ each. Calculate the contribution margin per canoe and the contribution margin ratio.

This year Sandy Bank expects $to$ sell $820$ canoes for $$510$ 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 $$510$ each.

Suppose Sandy Bank wants $to$ earn $$81,000$ profit this year. Calculate the number $of$ canoes that must $be$ sold $to$ achieve this

target. Sandy Bank sells its canoes for $$510$ each.

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

Required $1$

Required $2$

Required $3$

Required $4$

Required $5$

Suppose Sandy Bank sells its canoes for $$51012\mathrm{.}34\%.E6-5(Algo)$ Calculating Contribution Margin and Contribution Margin Ratio; Identifying Break$-$Even

Point, Target Profit $[LO6-1,6-2]$

Sandy Bank, Incorporated, makes one model $of$ wooden canoe. Partial information $is$ given below.

Required:

Complete the following table.

Suppose Sandy Bank sells its canoes for $$510$ each. Calculate the contribution margin per canoe and the contribution margin ratio.

This year Sandy Bank expects $to$ sell $820$ canoes for $$510$ 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 $$510$ each.

Suppose Sandy Bank wants $to$ earn $$81,000$ profit this year. Calculate the number $of$ canoes that must $be$ sold $to$ achieve this

target. Sandy Bank sells its canoes for $$510$ each.

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

Required $2$

This year Sandy Bank expects $to$ sell $820$ canoes for $$510$ each. Prepare a contribution margin income statement for the

company.

Note: Round your intermediate calculations $to2$ decimal places. $E6-5(Algo)$ Calculating Contribution Margin and Contribution Margin Ratio; Identifying Break$-$Even

Point, Target Profit $[LO6-1,6-2]$

Sandy Bank, Incorporated, makes one model $of$ wooden canoe. Partial information $is$ given below.

Required:

Complete the following table.

Suppose Sandy Bank sells its canoes for $$510$ each. Calculate the contribution margin per canoe and the contribution margin ratio.

This year Sandy Bank expects $to$ sell $820$ canoes for $$510$ 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 $$510$ each.

Suppose Sandy Bank wants $to$ earn $$81,000$ profit this year. Calculate the number $of$ canoes that must $be$ sold $to$ achieve this

target. Sandy Bank sells its canoes for $$510$ each.

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

Calculate Sandy Bank's break$-$even point $in$ units and $in$ sales dollars. Sandy Bank sells its canoes for $$510$ each.

Note: $Do$ not round your intermediate calculations. Round final answers $to$ the nearest whole number.Sandy Bank, Incorporated, makes one model $of$ wooden canoe. Partial information $is$ given below.

Required:

Complete the following table.

Suppose Sandy Bank sells its canoes for $$510$ each. Calculate the contribution margin per canoe and the contribution margin ratio.

This year Sandy Bank expects $to$ sell $820$ canoes for $$510$ 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 $$510$ each.

Suppose Sandy Bank wants $to$ earn $$81,000$ profit this year. Calculate the number $of$ canoes that must $be$ sold $to$ achieve this

target. Sandy Bank sells its canoes for $$510e$