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Sandy Bank, Inc., makes one model of wooden canoe. And, the information for it follows Number of canoes produced and sold Total costs 400 600

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Sandy Bank, Inc., makes one model of wooden canoe. And, the information for it follows Number of canoes produced and sold Total costs 400 600 750 Variable costs Fixed costs $ 48,000 72,000 90,DDD 20,000 $168,000 S192,000 $210,000 120,000 120,000 Total costs Cost per unit $120.00 S 120.00 120.00 Variable cost per unit Fixed cost per unit Total cost per unit 300.00 200.00 160.0D $ 42D.00 S 320.00 280.0D 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. (Do not round Intermedlate calculations. Round your final answers to nearest whole number.) New Break-Even Units Cances Break-Even Sales Revenue 2. If Sandy Bank sells 660 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 3. Calculate the number of cances that Sandy Bank must sell at $600 each to generate $100,000 profit. (Round your answer to the nearest whole number.) Canoes

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