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Sandy Bank, incorporated, makes one model of wooden canoe. And, the information for it follows: Sandy Bank selis its canoes for $375 each Required: 1.
Sandy Bank, incorporated, makes one model of wooden canoe. And, the information for it follows: Sandy Bank selis its canoes for $375 each Required: 1. Suppose that Sandy Bonk raises its selling price to $500 per canoe. Calculate its new break-even point in units and in sales doliars. 2. If Sandy Bank selis 700 canoes, compute its margin of safety in doliars and as a percentage of sales. (Use the new sales price of 5500) 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. 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. Calculate the number of canoes that Sandy Bank must sell at $500 each to generate $110,000 profit. Note: Do not round your intermediate calculations. Round your answer to the nearest whole number. Complete this question by entering your answers in the tabs below. If Sandy Bank sells 700 cances, compute its margin of safety in dollars and as a percentage of sales. (Use the nedsales price of $500 ) Note: Do not round intermediate calculations. Round your answers to the nearest whole number
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