1. 200 points E6-3 Determining Break-Even Point, Target Profit, Margin of Safety [LO 6-1,6-2, 6-3 Cove's Cakes is a local bakery. Price and cost information follows Price per cake Variable cost per cake 14.51 Ingredients Direct labor Overhead (box, etc.) 2.15 1.07 0.12 $4,244.60 Fixed cost per month Required: 1. Determine Cove's break-even point in units and sales dollars. (Round your Break-Even Units answer to the nearest whole number. Round your other intermediate calculations and sales dollars answer to 2 decimal places.) Break-Even Units Cakes Break-Even Sales Dollars 2. Determine the bakerys margin of safety if it currently sells 480 cakes per month. (Round your intermediate calculations to 2 decimals. Round the break-even units and final answer to nearest whole dollar.) argin of Safety 3. Determine the number of cakes that Cove must sell to generate $1,700 in profit. (Round your intermediate calculations to 2 decimal places and final answer to nearest whole number.) t Sales Units Cakes