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

Sandy Bank sells its canoes for $\backslash (\backslash$$ $375\backslash )$ each.

Required:

$1.$ Suppose that Sandy Bank ralses its selling price to $\backslash (\backslash$$ $500\backslash )$ per canoe. Calculate its new break$-$even point in units and in sales dollars.

$2.$ 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 $\backslash (\backslash$$ $500\backslash ))$

$3.$ Calculate the number of canoes that Sandy Bank must sell at $\backslash (\backslash$$ $500\backslash )$ each to generate $\backslash (\backslash$$ $100,000\backslash )$ profit.

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

If Sandy Bank sells $690$ canoes, compute its margin of safety in dollars and as a percentage of sales. $($Use the new sales of $\backslash (\backslash$$ $500\backslash ))$

Note: Do not round intermediate calculations. Round your answers to the nearest whole number. Sandy Bank, Incorporated, makes one model of wooden canoe. And, the information for it follows:

Sandy Bank sells its canoes for $\backslash (\backslash$$ $375\backslash )$ each.

Required:

$1.$ Suppose that Sandy Bank ralses its selling price to $\backslash (\backslash$$ $500\backslash )$ per canoe. Calculate its new break$-$even point in units and in sales dollars.

$2.$ 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 $\backslash (\backslash$$ $500\backslash ))$

$3.$ Calculate the number of canoes that Sandy Bank must sell at $\backslash (\backslash$$ $500\backslash )$ each to generate $\backslash (\backslash$$ $100,000\backslash )$ profit.

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

Required $1$

Calculate the number of canoes that Sandy Bank must sell at $\backslash (\backslash$$ $500\backslash )$ each to generate $\backslash (\backslash$$ $100,000\backslash )$ profit.

Note: Do not round your intermediate calculations. Round your answer to the nearest whole number.

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