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

Number of canoes produced and sold $450650800$

Total costs

Variable costs $ $63,000$ $ $91,000$ $ $112,000$

Fixed costs $ $187,200$ $ $187,200$ $ $187,200$

Total costs $ $250,200$ $ $278,200$ $ $299,200$

Cost per unit

Variable cost per unit $ $140\mathrm{.}00$ $ $140\mathrm{.}00$ $ $140\mathrm{.}00$

Fixed cost per unit $416\mathrm{.}00288\mathrm{.}00234\mathrm{.}00$

Total cost per unit $ $556\mathrm{.}00$ $ $428\mathrm{.}00$ $ $374\mathrm{.}00$

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 $700$ 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 $$500$ each to generate $$110,000$ profit.