400 600 750 $ 50,000 $ 90,000 $140,000 $ 75,000 $ 90,000 $165,000 $ 93,750 $ 90,000 5183,750 Number of cances produced and sold Total costs Variable costs Fixed costs Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 125.00 225.00 $ 350.00 $ 125.00 150.00 $ 275.00 $ 125.00 120.00 $ 245.00 Sandy Bank sells its canoes for $375 each. Required: 1. Suppose that Sandy Bank raises its selling price to $500 per canoe Calculate its new break-ev point in units and in sales dolla 2. If Sandy Bank sells 670 canoes, compute its margin of safety in dollars and as a percentage of sales. (Use the new sales price of $500.) 3. Calculate the number of canoes that Sandy Bank must sell at $500 each to generate $100,000 profit. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Suppose that Sandy Bank'Saises its selling price to $500 per canoe. Calculate its new break-even point in units and in sales dollars. (Do not round intermediate calculations. Round your final answers to nearest whole number.) Canoes New Break-Even Units Break-Even Sales Revenue Roger Required 2 > 400 600 750 Number of cances produced and sold Total costa Variable costs Fixed costs Total costa Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 50,000 $ 90,000 $140,000 $ 75,000 $ 90,000 $165,000 $ 93,750 $ 90,000 $183,750 d $ 125.00 225.00 $ 350.00 $ 125.00 150.00 $ 275.00 $ 125.00 120.00 $ 245.00 Sandy Bank sells its canoes for $375 each. Required: 1. Suppose that Sandy Bank raises its selling price to $500 per canoe Calculate its new break-even point in units and in soles de 2. If Sandy Bank sells 670 canoes, compute its margin of safety in dollars and as a percentage of sales. (Use the new sales price $500.) 3. Calculate the number of canoes that Sandy Bank must sell at $500 each to generate $100,000 profit. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 If Sandy Bank sells 670 canoes, compute its margin, of safety in dollars and as a percentage of sales. (Use the new sales price of $500.) (Round your answers to the nearest whold number.) Margin of Safety Percentage of Sales % Sandy Bank, Inc., makes one model of wooden canoe, and, the information for it follows: 400 600 750 $ 50,000 $ 90,000 $140,000 $ 75,000 $ 90,000 $165,000 Number of canoes produced and sold Total costs Variable costo Fixed costs Total costo Cont per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 93,750 $ 90,000 $183,750 $ 125.00 225.00 $ 350.00 $ 125.00 150.00 $ 275.00 $ 125.00 120.00 $ 245.00 Sandy Bank sells its canoes for $375 each Required: 1. Suppose that Sandy Bank raises its selling price to $500 per canoe Calculate its new break even point in units and in sales dollars. 2. If Sandy Bank sells 670 canoes, compute its margin of safety in dollars and as a percentage of sales. (Use the new sales price of $500.) 3. Calculate the number of canoes that Sandy Bank must sell at $500 each to generate $100,000 profit. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the number of canoes that Sandy Bank must sell at $500 each to generate $100,000 profit. (Do not round your intermediate calculations. Round your answer to the nearest whole number.) Targot Sales Units Canoes