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Sandy Bank, Incorporated, 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 $\backslash (\backslash$$ $520\backslash )$ each. Calculate the contribution margin per canoe and the contribution margin ratio.

$3.$ This year Sandy Bank expects to sell $780$ canoes for $\backslash (\backslash$$ $520\backslash )$ each. Prepare a contribution margin income statement for the company.

$4.$ Calculate Sandy Bank's break$-$even point in units and in sales dollars. Sandy Bank sells its canoes for $\backslash (\backslash$$ $520\backslash )$ each.

$5.$ Suppose Sandy Bank wants to earn $\backslash (\backslash$$ $78,000\backslash )$ profit this year. Calculate the number of canoes that must be sold to achieve this target. Sandy Bank sells its canoes for $\backslash (\backslash$$ $520\backslash )$ each.

Complete this question by entering your answers in the tabs below.

Required $1$

Required $4$

Required $5$

Complete the following table.

Note: Round your "Cost per Unit" answers to $2$ decimal places. Sandy Bank, Incorporated, 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 $\backslash (\backslash$$ $520\backslash )$ each. Calculate the contribution margin per canoe and the contribution margin ratio.

$3.$ This year Sandy Bank expects to sell $830$ canoes for $\backslash (\backslash$$ $520\backslash )$ each. Prepare a contribution margin Income statement the company.

$4.$ Calculate Sandy Bank's break$-$even point in units and in sales dollars. Sandy Bank sells its canoes for $\backslash (\backslash$$ $520\backslash )$ each.

$5.$ Suppose Sandy Bank wants to earn $\backslash (\backslash$$ $72,000\backslash )$ profit this year. Calculate the number of canoes that must be sold to achleve this target. Sandy Bank sells its canoes for $\backslash (\backslash$$ $520\backslash )$ each.

Complete this question by entering your answers in the tabs below.

Suppose Sandy Bank sells its canoes for $\backslash (\backslash$$ $520\backslash )$ each. Calculate the contribution margin per canoe and the contribution mary ratio.

Note: Round your intermediate calculations and Unit Contribution Margin answer to two decimal places. Round your "percentage" answer to $2$ decimal places. $($i$.$e$.0\mathrm{.}1234$ should be entered as $\backslash (12\mathrm{.}34\backslash \%\backslash ).)$ Sandy Bank, Incorporated, 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 $\backslash (\backslash$$ $520\backslash )$ each. Calculate the contribution margin per canoe and the contribution margin ratio.

$3.$ This year Sandy Bank expects to sell $830$ canoes for $\backslash (\backslash$$ $520\backslash )$ each. Prepare a contribution margin income statement for the company.

$4.$ Calculate Sandy Bank's break$-$even point in units and in sales dollars. Sandy Bank sells its canoes for $\backslash (\backslash$$ $520\backslash )$ each.

$5.$ Suppose Sandy Bank wants to earn $\backslash (\backslash$$ $72,000\backslash )$ profit this year. Calculate the number of canoes that must be sold to achleve this target. Sandy Bank sells its canoes for $\backslash (\backslash$$ $520\backslash )$ each.

Complete this question by entering your answers in the tabs below.

This year Sandy Bank expects to sell $830$ canoes for $\backslash (\backslash$$ $520\backslash )$ each. Prepare a contribution margin income statement for the company.

Note: Round your intermediate calculations to $2$ decimal places. Sandy Bank, Incorporated, 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 $\backslash (\backslash$$ $520\backslash )$ each. Calculate the contribution margin per canoe and the contribution margin ratio.

$3.$ This year Sandy Bank expects to sell $830$ canoes for $\backslash (\backslash$$ $520\backslash )$ each. Prepare a contribution margin Income statement the company.

$4.$ Calculate Sandy Bank's break$-$even point in units and in sales dollars. Sandy Bank sells its canoes for $\backslash (\backslash$$ $520\backslash )$ each.

$5.$ Suppose Sandy Bank wants to earn $\backslash (\backslash$$ $72,000\backslash )$ profit this year. Calculate the number of canoes that must be sold to achleve thls target. Sandy Bank sells its canoes for $\backslash (\backslash$$ $520\backslash )$ each.

Complete this question by entering your answers in the tabs below.

Calculate Sandy Bank's break$-$even point in units and in sales dollars. Sandy Bank sells its canoes for $\backslash (\backslash$$ $520\backslash )$ each.

Note: Do not round your intermediate calculations. Round final answers to the nearest whole number. Sandy Bank, Incorporated, 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 $\backslash (\backslash$$ $520\backslash )$ each. Calculate the contribution margin per canoe and the contribution margin ratio.

$3.$ This year Sandy Bank expects to sell $830$ canoes for $\backslash (\backslash$$ $520\backslash )$ each. Prepare a contribution margin Income statement the company.

$4.$ Calculate Sandy Bank's break$-$even point in units and in sales dollars. Sandy Bank sells its canoes for $\backslash (\backslash$$ $520\backslash )$ each.

$5.$ Suppose Sandy Bank wants to earn $\backslash (\backslash$$ $72,000\backslash )$ profit this year. Calculate the number of canoes that must be sold to achleve thls target. Sandy Bank sells its canoes for $\backslash (\backslash$$ $520\backslash )$ each.

Complete this question by entering your answers in the tabs below.

Required $1$

Suppose Sandy Bank wants to earn $\backslash (\backslash$$ $72,000\backslash )$ profit this year. Calculate the number of canoes that must be sold to achieve target. Sandy Bank sells its canoes for $\backslash (\backslash$$ $520\backslash )$ each.

Note: Round Unit Contribution Margin to $2$ decimal places. Round your answer to the nearest whole number.

Canoes

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