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 Total costs 450 $ 67,500 $374,400 $441,900 650 800 $ 97,500 $120,000 $374,400 $471,900 $374,400 $494,400 Cost per unit Variable cost per unit Fixed cost per unit $ 150.00 832.00 $ 150.00 576.00 $ 150.00 468.00 Total cost per unit $ 982.00 $ 726.00 $ 618.00 ces 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 900 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 $110,000 profit Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 If Sandy Bank sells 900 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 S 40.800 Percentage of Sales