Number of canoes produced and sold Total costs Variable costs Fixed costs 550 Total costs Cost per unit Variable cost per unit Fixed cost per unit $313,500 $ 210.00 360.00 Total cost per unit $ 570.00 750 $ 115,500 $ 198,000 $157,500 $ 198,000 $355,500 $210.00 900 $ 189,000 $ 198,000 $ 387,000 $ 210.00 220.00 $430.00 264.00 $ 474.00 Sandy Bank sells its canoes for $475 each. Required: 1. Suppose that Sandy Bank raises its selling price to $600 per canoe. Calculate its new break-even point in units and in sales dollars. 2. If Sandy Bank sells 1,610 canoes, compute its margin of safety in dollars and as a percentage of sales. (Use the new sales price of $600) 3. Calculate the number of canoes that Sandy Bank must sell at $600 each to generate $130,000 profit. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Suppose that Sandy Bank raises its selling price to $600 per canoe. Calculate its new break-even point in units and in sales dollars. Note: Do not round intermediate calculations. Round your final answers to nearest whole number. New Break Even Units Break Even Sales Revenue Canoes