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Sandy Bank, Incorporated, makes one model of wooden canoe. And, the information for it follows: Number of canoes produced and sold 400 600 750 Total costs Variable costs $ 54,000 $ 81,000 $ 101,250 Fixed costs $ 60,000 $ 60,000 $ 60,000 Total costs $ 114,000 $ 141,000 $ 161,250 Cost per unit Variable cost per unit $ 135.00 $ 135.00 $ 135.00 Fixed cost per unit 150.00 100.00 80.00 Total cost per unit $ 285.00 $ 235.00 $ 215.00 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 690 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 $100,000 profit.

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.

If Sandy Bank sells 690 canoes, compute its margin of safety in dollars and as a percentage of sales. (Use the new sales price of $500) 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 $500 each to generate $100,000 profit. Note: Do not round your intermediate calculations. Round your answer to the nearest whole number.

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