Question: Help Please. if you could show work that would be great. Sandy Bank, Inc., makes one model of wooden canoe. Partial Information is given below,





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 $510 each. Calculate the contribution margin per canoe and the contribution margin ratic 3. This year Sandy Bank expects to sell 820 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 $ 76,000 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. Required 1 Required 2 Required 3 Required 4 Required 5 Complete the following table. (Round your "Cost per Unit" answers to 2 decimal places.) 420 600 790 Number of Canoes Produced and Sold Total costs Variable Costs Fixed Costs Total Costs $ 65,100 137,340 202,440 $ Cost per Unit Variable Cost per Unit Complete this question by entering your answers in the tabs below. 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 420 600 790 Total costs Variable Costs $ 65,100 Fixed Costs 137,340 Total Costs $ 202,440 Cost per Unit Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit Required 1 Required 2 > Complete this questifin 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 $510 each. Calculate the contribution margin per canoe and the contribution margin ratio. (Round your intermediate calculations and final answers to 2 decimal places. Round your "percentage" answer to 2 decimal places. (i...1234 should be entered as 12.34%.)) Unit Contribution Margin Contribution Margin Ratio per Canoe % Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 This year Sandy Bank expects to sell 820 canoes. Prepare a contribution margin income si your intermediate calculations to 2 decimal places.) SANDY BANK, Inc. Contribution Margin Income Statement For the Current Year Contribution Margin Income from Operations Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Calculate Sandy Bank's break-even point in units and in sales dollars. (Round final answers to the Canoes Break-Even Units Break-Even Sales Revenue Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 5 Suppose Sandy Bank wants to earn $76,000 profit this year. Calculate the number of canoes that mus target. (Round Unit Contribution Margin to 2 decimal places. Round your answer to the next whole nur Target Sales Units Canoes
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