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Sandy Bank, Inc, makes one model of wooden canoe, and the information for it follows: 450 550 800 Number of canoes produced and sold Total
Sandy Bank, Inc, makes one model of wooden canoe, and the information for it follows: 450 550 800 Number of canoes produced and sold Total costs Variable costs Fixed costs Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $69.750 468,000 $ 537,750 $100,750 $468,000 $568,750 $124,000 $468.000 $592,000 $ 155.00 1,040.00 $1,195.00 $ 155.00 720.00 $325,00 $ 155.00 585.00 $140.00 Sandy Bank sells its canoes for $375 each Required: 1. Suppose that Sandy Bank raises its selling price to $500 per canoe Calculate its new break even point in units and in sales dollars 2. If Sandy Bank sells 1500 canoes, compute its margin of safety in dollars and as a percentage of sales. (Use the new sales price of $500) 3. Calculate the number of cances that Sandy Bank must sell at $500 each to generate $110,000 profit. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Suppose that Sandy Bank raises its selling price to $500 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.) Sandy Bank sells Its canoes for $375 each Required: 1. Suppose that Sandy Bank raises its selling price to $500 per canoe Calculate its new break even point in units and in sales dollars. 2. Sandy Bank sells 1500 canoes, compute its margin of safety in dollars and as a percentage of sales. (Use the new sales price of 3. Calculate the number of cances that Sandy Bank must sell at $500 each to generate $10,000 profit Complete this question by entering your answers in the tabs below. Required: Itequared2 Required Sunpose that Sandy Bank raises its selling price to $500 per canoe Calculate its new break even point in units and in sales dollars. (Do not round Intermediate calculations. Round your final answers to see whole number cances New Break Even Units Break-Evan Sales Revenue Required 2 > Ches Sandy Bank sells its canoes for $375 each Required: 1. Suppose that Sandy Bank raises its selling price to $500 per canoe. Calculate its new break even point in units and in sales dollars. 2. If Sandy Bank sells 1500 canoes, compute its margin of safety in dollars and as a percentage of sales. Use the new sales price of 3. Calculate the number of canoes that Sandy Bank must sell at $500 each to generate $110,000 profit . Complete this question by entering your answers in the tabs below. Required 1 Required 2 Requioss If Sandy Bank sells 1.500 canoes, compute its margin of safety in dollars and as a percentage of sales. Use the new sales price of $500.) (Round your answers to the nearest whole number) Margin of Safety Percentage of Sales Che Sandy Bank sells its cances for $375 each Required: 1. Suppose that Sandy Bank raises its selling price to $500 per canoe Calculate its new break even point in units and in sales dollars 2. If Sandy Bank sells 1500 cances, compute its margin of safety in dollors and as a percentage of sales. Use the new sales price of $500) 3. Calculate the number of canoes that Sandy Bank must sell at $500 each to generate $110.000 profit. Complete this question by entering your answers in the tabs below. Required Required 2 Required Calculate the number of cances that Sandy Bank must sell at $500 each to generate $110,000 profit. (Do not round your intermediate calculations. Round your answer to the nearest whole number) Targe Sons Units Cances
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