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Capital Manufacturer, Inc. makes one model of wooden canoes. Partial information for it follows: 1) Complete...

Capital Manufacturer, Inc. makes one model of wooden canoes.
Partial information for it follows:
1) Complete the following table.
Number of canoes produced and sold: 500 700 850
Total Costs:
     Variable Costs 77,000
     Fixed Costs 180,000
Total Costs:
Cost per canoe:
     Variable Cost per canoe
     Fixed cost per canoe
Total Cost per canoe
2) Suppose Capital sells its canoes for $600 each.
    Calculate the contribution margin per canoe and
    the contribution margin ratio
3) This year Capital expects to sell 900 canoes.
     Prepare a contribution margin income statement for the company.
4) Calculate Capital Manufacturer's break-even point in units and in sales $$$.
5) Suppose Capital Manufacturer wants to earn $82,000 profit this year.
    Calculate the number of canoes that must be sold to achieve this target.

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