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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
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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