7 Sandy Bank, Inc, makes one model of wooden cance and the information for it follows: 550 750 900 Number of cances produced and sold Total costs Variable costs Fixed costs Total costs Couter unit Variable cost per unit Fixed cost per unit Total cost per unit $184,500 $190,00 3302,500 5142,500 5198,000 $340,500 $171,00 $190,000 $369,000 $110.00 160.00 $ 550.00 $10.00 264.00 $454.00 5.190.00 220.00 $ 4111.00 Punt Sandy Bank sells its canoes for $375 each Required: 1. Suppose that Sandy Bank roses its selling price to $500 per canoe Calculate its new break even point units and in sales dollars. 2. If Sandy Bank ses 1,570 canoes, compute its margin of safety in dotos and as a percentage of sales. Use the new sales price of 3. Calculate the number of cances that Sandy Bank most se $500 each to generate 5130,000 profit rente Complete this question by entering your answers in the tabs below. Required Required 2 Required Suppose that Sandy Bank raises its seing price to $500 per canon Calculate its new break even point in unuts and in sales dollars. Do not round Intermediate calculations. Round your finanswers to nearest whole number) Cancs New Break Even Units Brok Even Sales Revue Sandy Bank, Inc., makes one model of wooden canoe, and the information for it follows: 36 550 oints 750 900 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 $104,500 $199,000 $302,500 $142,500 $198,000 $340,500 $171,000 $199,000 5369,000 wool $190.00 360.00 $ 550.00 $190.00 264.00 $ 454.00 $190.00 220.00 $410.00 Hint Print 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. Sandy Bank sells 1,570 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 cances that Sandy Bank must sell at $500 each to generate $130,000 pront. Reference Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 If Sandy Bank sells 1,570 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 whole number) Margin of Safety Percentage of Sales 7 Sandy Bank, Inc, makes one model of wooden cance and the information for it follows 136 550 750 Number of cancers produced and sold Total costs Variable costs Fixed costs Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost eruit $104,500 $198.000 $382.500 3142,500 $190,000 $340, 500 171.000 $135,000 1369,000 $190.00 300.00 550.00 $198.00 264.00 $.454.00 $199.00 220.00 Pri Sandy Banksets its canoes for $275 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. Sandy Bank seils 1,570 canoes, computer its margin of safety in dollars and as a percentage of sales. Use the new sales price of $500.) 3. Calculate the number of cances that Sandy Bank most sell at 5500 each to generate $130.000 profit . Complete this question by entering your answers in the tabs below. equired 1 Record Required 1 Sandy Bank sells 1,570 canoes, compute its margin of safety in dollars and as a percentage of sales (Use the new price of $500 (Hound your answers to the nearest whole number Margin of Say Percentage of 7 136 polnts Sandy Bank, Inc., mokes one model of wooden canoe and, the information for it follows: Number of cances produced and sold 550 750 900 Total costs Variable costs $104,500 $142,500 5171,000 Fixed costs $190,000 $190,000 $190,000 Total costs 3302,500 $340,500 $369,000 Cost per unit Variable cost per unit $100.00 $190.00 $ 190.00 Fixed cost per unit 300.00 264.00 220.00 Total cost per unit $ 350.00 $454.00 $410.00 Sandy Bank sells its canoes for $375 each. Required: 1. Suppose that Sandy Bank robes its selling price to $500 per canoe Calculate its new break-even polnt in units and in sales collars 2. Sandy Bank seis 1,570 cances, compute its margin of safety in dollars and as a percentage of sales. (Use the new sales price of 3. Calculate the number of cances that Sandy Bark must sell at $500 ench to generato $130,000 profit Complete this question by entering your answers in the tabs below. Required Requiree 2 Required Calculate the number of ones that Sandy Bank machte et $130,000 pont (round your intermediate cautions found your answer to the bear whole imbec) Turgus