Question
1. Determine Coves break-even point in units and sales dollars. (Round your Break-Even Units answer to the nearest whole number. Round your other intermediate calculations
1. Determine Coves 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.)
2. Determine the bakerys margin of safety if it currently sells 430 cakes per month. (Round your intermediate calculations to 2 decimals. Round the break-even units and final answer to nearest whole dollar.)
3. Determine the number of cakes that Cove must sell to generate $1,900 in profit. (Round your intermediate calculations to 2 decimal places and final answer to nearest whole number.)
Cove's Cakes is a local bakery. Price and cost information follows: Price per cake Variable cost per cake $ 13.81 Ingredients Direct labor Overhead (box, etc.) 2.32 1.11 0.12 $3,898.80 Fixed cost per monthStep by Step Solution
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