Riverside Inc. makes one model of wooden canoe. Partial information for it follows: Number of Canoes Produced and Sold 695 545 845 Total costs Variable costs Fixed costs $ 73,575 148,600 $222,175 ? Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit ? Required: 1. Complete the table. (Round your cost per unit answers to 2 decimal places.) Number of Canoes Produced and Sold 545 695 845 Total Costs Variable Costs 73,575 Fixed Costs 148,600 Total Costs 222,175 Cost per Unit Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit %24 RIVERSIDE INC. Contribution Margin Income Statement For the Next Year Contribution Margin Net Operating Income

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Please refer to the 2 attachments and complete the Contribution Margin Income Statement. 

Riverside Inc. makes one model of wooden canoe. Partial information for it follows:
Number of Canoes Produced and Sold
695
545
845
Total costs
Variable costs
Fixed costs
$ 73,575
148,600
$222,175
?
Total costs
Cost per unit
Variable cost per unit
Fixed cost per unit
Total cost per unit
?
Required:
1. Complete the table. (Round your cost per unit answers to 2 decimal places.)
Number of Canoes Produced and Sold
545
695
845
Total Costs
Variable Costs
73,575
Fixed Costs
148,600
Total Costs
222,175
Cost per Unit
Variable Cost per Unit
Fixed Cost per Unit
Total Cost per Unit
%24
Transcribed Image Text:Riverside Inc. makes one model of wooden canoe. Partial information for it follows: Number of Canoes Produced and Sold 695 545 845 Total costs Variable costs Fixed costs $ 73,575 148,600 $222,175 ? Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit ? Required: 1. Complete the table. (Round your cost per unit answers to 2 decimal places.) Number of Canoes Produced and Sold 545 695 845 Total Costs Variable Costs 73,575 Fixed Costs 148,600 Total Costs 222,175 Cost per Unit Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit %24
RIVERSIDE INC.
Contribution Margin Income Statement
For the Next Year
Contribution Margin
Net Operating Income
Transcribed Image Text:RIVERSIDE INC. Contribution Margin Income Statement For the Next Year Contribution Margin Net Operating Income
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