Required $1$

Required $2$

Required $3$

Required $4$

Required $5$

Complete the following table. $($Round your "Cost per Unit" answers to $2$ decimal places.$)$

$\backslash$table$[[$Number of Canoes Produced and Sold,,$100,570,710],[$Total costs$],[$Variable Costs,$$,56,800,,],[$Fixed Costs,,$135,600,,],[$Total Costs,$$,192,400,,],[$Cost per Unit$],[$Variable Cost per Unit$],[$Fixed Cost per Unit$],[$Total Cost per Unit,,,,$]]$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 $$520$ each. Calculate the contribution margin per canoe and the contribution margin ratio.

$3.$ 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 $$81,000$ profit this year. Calculate the number of canoes that must be sold to achieve this target.