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Ster 9 Homework saved Required: 1. Complete the following table. (Round your "Cost per Unit" answers to 2 decimal places.) 430 580 730 Number of Canoes Produced and Sold Total costs $ 51,490 142,330 $ 203,820 Book Variable Costs Fored Costs Total Costs Cost per Unit Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit Hint Print urances 2. Suppose Sandy Bank sells its canoes for $580 each. Calculate the contribution margin per cance and the contribution margin ratio (Round your intermediate calculations and final answers to 2 decimal places. Round your percentage" answer to 2 decimal places, le 1234 should be entered as 12.34%)) Unit Contribution Margin Contribution Margin Ratio per Cance % 3. This year Sandy Bank expects to sell 820 canoes. Prepare a contribution margin income statement for the company (Round your intermediate calculations to 2 decimal places.) SANDY BANK. In 3 3. This yeur Sandy Bank expects to sell 820 canoes. Prepare a contribution margin income statement for the company. (Round your Intermediate calculations to 2 decimal places) 156 SANDY BANK Inc Contribution Margin Income Statement For the current Year Contribution Margin Income from Operations References 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 Break Even Sales Revenue Canons S. Suppose Sandy Bank wants to earn $81.000 profit this year. Calculate the number of cances that must be sold to achieve this target (Round Unit Contribution Marain to 2 decimal places. Round vour answer to the next whole number) hapter 9 Homework 3 86 Contribution Margin Income from Operations Bool Hi Print 4. Calculate Sanay Bank's break-even point in units and in sales dollars. (Round final anwers to the nearest whole number). ferences Canoes Break-Even Units Break-Even Sales Revenue 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 (Round Unit Contribution Margin to 2 decimal places. Round your answer to the next whole number.) Target Sales Units Canoes

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