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Suppose that Sandy Bank raises its selling price to $600 per canoe. Calculate its new break-even point in units and in sales dollars. If Sandy

  1. Suppose that Sandy Bank raises its selling price to $600 per canoe. Calculate its new break-even point in units and in sales dollars.
  2. If Sandy Bank sells 1,550 canoes, compute its margin of safety in dollars and as a percentage of sales. (Use the new sales price of $600)
  3. Calculate the number of canoes that Sandy Bank must sell at $600 each to generate $120,000 profit.
image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Sandy Bank, Incorporated, makes one model of wooden canoe. And, the information for it follows: Sandy Bank sells its canoes for $475 each. Suppose that Sandy Bank raises its selling price to $600 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. If Sandy Bank sells 1,550 canoes, compute its margin of safety in dollars and as a percentage of sales. (Use the new sales price of $600 ) Note: Do not round intermediate calculations. Round your answers to the nearest whole number. Calculate the number of canoes that Sandy Bank must sell at $600 each to generate $120,000 profit. Note: Do not round your intermediate calculations. Round your answer to the nearest whole number

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