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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 Variable costs

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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 Variable costs Fixed costs 600 800 950 $129,000 $228,000 $172,000 $228,000 $400,000 $204,250 $228,000 Total costs $357,000 $432,250 Cost per unit Variable cost per unit Fixed cost per unit $ 215.00 380.00 $ 215.00 285.00 $ 215.00 240.00 Total cost per unit $595.00 $500.00 $ 455.00 Required 1. Suppose that Sandy Bank raises its selling price to $500 per canoe. Calculate its new break-even poin your final answers to nearost whole number.) New Break-Even Units Canoes Break-Even Sales Revenue 2. If Sandy Bank sells 1,620 canoes, compute its margin of safety in dollars and as a percentage of sales. (Us whole number.) Margin of Safety Percentage of Sales % 2. If Sandy Bank sells 1,620 canoes, compute its margin of safety in dollars and as a percentage of sales. (Use the new sales price of $500.) (Round yo whole number.) Margin of Safety Percentage of Sales 3. Calculate the number of canoes that Sandy Bank must sell at $500 each to nerate $140,000 profit. (Ro your answer to the nearest whole number Target Sales Units Canoes

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