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

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Accounting

Sandy Bank, Incorporated, makes one model of wooden canoe. And, the information for it follows:
Sandy Bank sells its canoes for $475 each.
Required:
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 Bank sells 660 canoes, compute its margin of safety in dollars and as a percentage of sales. (Use the new sales price of
$600)
Calculate the number of canoes that Sandy Bank must sell at $600 each to generate $100,000 profit.
Complete this question by entering your answers in the tabs below.
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.
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