sandy bank, incorporated, makes one model of wooden canoe. and, the information for it follows: number of canoes produced and sold 500 700 850 total costs variable costs $ 92,500 $ 129,500 $ 157,250 fixed costs $ 178,500 $ 178,500 $ 178,500 total costs $ 271,000 $ 308,000 $ 335,750 cost per unit variable cost per unit $ 185.00 $ 185.00 $ 185.00 fixed cost per unit 357.00 255.00 210.00 total cost per unit $ 542.00 $ 440.00 $ 395.00 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 1,560 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 $120,000 profit.
