Sandy Bank, Incorporated, makes one model of wooden canoe. And, the information for it follows:

Sandy Bank sells its canoes for $$375$ each.

Required:

Suppose that Sandy Bank raises its selling price to $$500$ per canoe. Calculate its new break$-$even point in units and in sales dollars.

If Sandy Bank sells $1,600$ canoes, compute its margin of safety in dollars and as a percentage of sales. $($Use the new sales price of

$$500)$

Calculate the number of canoes that Sandy Bank must sell at $$500$ each to generate $$130,000$ profit.

Complete this question by entering your answers in the tabs below.

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.

Note: Do not round intermediate calculations. Round your final answers to nearest whole number.

New Break$-$Even Units

Canoes

Break$-$Even Sales Revenue