Sandy Bank, Inc., makes one model of wooden canoe. And, the information for it follows: Number of canoes produced and sold Total costs 500 700 850 Variable costs Fixed costs S 90,000 $126,000 $153,000 119,000 $119,000 $119,000 $209,000 $245,000 $272,000 Total costs Cost per unit 180.00 180.00 180.00 Variable cost per unit Fixed cost per unit Total cost per unit 238.00 170.00 140.00 S 418.00 350.00 320.00 Required 1. Suppose that Sandy Bank raises its selling price to S600 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.) New Break-Even Units Canoes Break-Even Sales Revenue 2. If Sandy Bank sells 1,550 canoes, compute its margin of safety in dollars and as a percentage of sales. (Use the new sales price of $600.) Round your answers to the nearest whole number.) Margin of Safety Percentage of Sales