Answer Happy

1 8 points eBook HONE Print References 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 810 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 $77,000 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 Variable Costs Fixed Costs Required 2 Required 3 Complete the following table. (Round your "Cost per Unit" answers to 2 decimal places) Number of Canoes Produced and Sold Total costs Total Costs Cost per Unit Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit Required 4 Required 5 $ $ 480 71,520 156,960 228 480 650 Required 2 > 800 D

Complete this question by entering your answers in the tabs below.. Required 4 Unit Contribution Margin Contribution Margin Ratio Required 11 Required 2 Required 3 Suppose Sandy Bank sells its canoes for $590 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 21 decimal places. (.e. .1234 should be entered as 12.34%. )) per Canoe % Required 5 < Required 1 Required 3 >

8 points and Retences Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 This year Sandy Bank expects to sell 810 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 Contribubon Margin Income from Operations < Required 2 Required 5 Required 4 >

ebook HER P references Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate Sandy Bank's break-even point in units and in sales dollars. (Round final answers to the nearest whole number) Break-Even Units Break-Even Sales Revenue Required 4 Required 5 Canoes < Required 3 Required 5 >

Hind Print References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Suppose Sandy Bank wants to earn $77,000 profit this year. Calculate the number of canoes that must be sold to achieve this target. (Round Unit Contribution Margin to 2 decimal places. Round your answer to the next whole number) Target Sales Units Canoes < Required 4