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

Sandy Bank, Incorporated, makes one model of wooden canoe. And, the information for it follows: Sandy Bank sells its canoes for $\$475$ each. Required: 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 1,520 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. 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. Notei Do not round intermediate calculations. Round your final answers to nearest whole number.