Question: Required: 1. Complete the following table. (Round your Cost per Unit answers to 2 decimal places.) Total costs Variable Costs 74,88D0 159,360 $ 234,240 $
Required: 1. Complete the following table. (Round your "Cost per Unit answers to 2 decimal places.) Total costs Variable Costs 74,88D0 159,360 $ 234,240 $ Fixed Costs o S Total Costs Cost per Un Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit S 0.00 S 0.00 $ 0.00 2. Suppose Sandy Bank sells its canoes for $530 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.e. .1234 should be entered as 12.34%.)) Unt Contribution Margin Contribution Margin Ratio per Canoe 3. This year Sandy Bank expects to sell 840 canoes. Prepare a contribution margin income statement for the company. (Round your intermediate calculations to 2 decimal places.) SANDY BANK, Inc Contribution Margin Income Statement For the Current Year Contributon Margin 4. Calculate Sandy Bank's break-even point in units and in sales dollars. (Round final answers to the nearest whole number). Break-Even Units Canoes Break-Even Sales Revenue Contribution Margin to 2 decimal places. Round your answer to the next whole number) Target Sales Unts Canoes
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