Riverside Inc. makes one model of wooden canoe. Partial information for it follows: Number of Canoes Produced and Sold 540 620 780
Total costs
Variable costs $ 67,500 $ 77,500 $ 97,500
Fixed costs 150,000 150,000 150,000
Total costs $ 217,500 $ 227,500 $ 247,500
Cost per unit Variable cost per unit $ 125.00 $ 125.00 $ 125.00
Fixed cost per unit 277.78 241.94 192.31
Total cost per unit $ 402.78 $ 366.94 $ 317.31
Riverside sells its canoes for $500 each. Next year Riverside expects to sell 700 canoes.
Required:
Prepare Riverside’s contribution margin income statement for each independent scenario. Assuming each scenario is a variation of Riverside’s original data.

Analyzing operational changes operating results for department b of delta company during 2016 are as follows: sales $540,000 cost of goods sold 378,000 gross profit 162,000 direct expenses 120,000 common expenses 66,000 total expenses 186,000 net loss $(24,000) suppose that department b could increase physical volume of product sold by 10% if it spent an additional $18,000 on advertising while leaving selling prices unchanged. what effect would this have on the department's net income or net loss? (ignore income tax in your calculations.) use a negative sign to indicate a net loss answer; otherwise do not use negative signs with your answers. sales $answer cost of goods sold answer gross profit answer direct expenses answer common expenses answer total expenses answer net income (loss) $answer