Homework Saved Sandy Bank, Inc., makes one model of wooden canoe. and, the information for it follows: Number of canoes produced and sold Total costs Variable costs Fixed costs 400 600 750 $ 54,000 $ 81,000 $ 60,000 $ 60,000 $114,000 $141,000 Total costs Cost per unit Variable cost per unit Fixed cost per unit $ 135.00 150.00 $ 285.00 $ 235.00 Total cost per unit $ 135.00 100.00 $101,250 $ 60,000 $161,250 $ 135.00 80.00 $ 215.00 Help Save & Exit S Check my w 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 dollar 2. If Sandy Bank sells 690 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 11 Required 2 Required 3 < Prev 8 of 10 Next >