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E5-17(Algo) Determining Cost Behavior, Preparing Contribution Margin Income Statement [LO 5-1,5-5] Riverside Incorporated makes...

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Accounting

E5-17(Algo) Determining Cost Behavior, Preparing Contribution Margin Income Statement [LO 5-1,5-5]
Riverside Incorporated makes one model of wooden canoe. Partial information for it follows:
Required:
Complete the table.
Suppose Riverside sells its canoes for $504 each. Calculate the contribution margin per canoe and the contribution margin ratio.
Next year Riverside expects to sell 805 canoes. Complete the contribution margin income statement for the company.
Complete this question by entering your answers in the tabs below.
Required 1
Required 3
Required 4
Complete the table.
Note: Round your cost per unit answers to 2 decimal places.
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