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Complete the following table.Sandy Bank, Incorporated, makes one model of wooden canoe. And, the information for it follows: Sandy Bank sells its canoes for $

Complete the following table.Sandy Bank, Incorporated, makes one model of wooden canoe. And, the information
for it follows:
Sandy Bank sells its canoes for $375 each.
Required:
Suppose that Sandy Bank raises its selling price to $500 per canoe. Calculate its
new break-even point in units and in sales dollars.
If Sandy Bank sells 1,500 canoes, compute its margin of safety in dollars and as a
percentage of sales. (Use the new sales price of $500)
Calculate the number of canoes that Sandy Bank must sell at $500 each to
generate $110,000 profit.
Complete this question by entering your answers in the tabs below.
Required 1
Suppose that Sandy Bank raises its selling price to $500 per canoe. Calculate its new break
dollars.
Note: Do not round intermediate calculations. Round your final answers to nearest whole n
Suppose Sandy Bank sells its canoes for $530 each. Calculate the contribution margin per canoe and the contion
margin ratio.
This year Sandy Bank expects to sell 790 canoes for $530 each. Prepare a contribution margin income statement for the
company.
Calculate Sandy Bank's break-even point in units and in sales dollars. Sandy Bank sells its canoes for $530 each.
Suppose Sandy Bank wants to earn $83,000 profit this year. Calculate the number of canoes that must be sold to
achieve this target. Sandy Bank sells its canoes for $530 each.
Complete this question by entering your answers in the tabs below.
Required 1
Complete the following table.
Note: Round your "Cost per Unit" answers to 2 decimal places.
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