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Sandy Bank, Incorporated, makes one model of wooden canoe. Partial information is given below. Required:...

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Accounting

Sandy Bank, Incorporated, makes one model of wooden canoe. Partial information is given below.
Required:
Complete the following table.
Suppose Sandy Bank sells its canoes for $580 each. Calculate the contribution margin per canoe and the contribution margin ratio.
This year Sandy Bank expects to sell 810 canoes for $580 each. Prepare a contribution margin income statement for the company.
Calculate Sandy Bank's break-even point in units and in sales dollars. Sandy Bank sells its canoes for $580 each.
Suppose Sandy Bank wants to earn $65,000 profit this year. Calculate the number of canoes that must be sold to achieve this
target. Sandy Bank sells its canoes for $580 each.
Complete this question by entering your answers in the tabs below.
Required 1
Complete the following table.
Note: Round your "Cost per Unit" answers to 2 decimal places.
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