E$6-6($Algo$)$ Identifying Break$-$Even Point, Analyzing How Price Changes Affect

Profitability; Calculating Margin of Safety, Target Profit $[$LO $6-1,6-2,6-3,6-4]$

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 se'll 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 si

dollars.

Note: Do not round intermediate calculations. Round your final answers to nearest whole number.

E$6-6($Algo$)$ Identifying Break$-$Even Point, Analyzing How Price Changes Affect

Profitability; Calculating Margin of Safety, Target Profit $[$LO $6-1,6-2,6-3,6-4]$

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 se'll 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 si

dollars.

Note: Do not round intermediate calculations. Round your final answers to nearest whole number.