2. 166 Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost personth 2.32 1.15 e. 12 $3,868.80 Boot Required: 1. Calculate Cove's new break even point under each of the following independent scenarios. a. Sales price increases by $2.00 per cake. b. Foed costs increase by $540 per month Variable costs decrease by $0.28 per cake. d. Sales price decreases by SO 80 per cake 2. Assume that Cove sold 410 cakes last month Calculate the company's degree of operating leverage 3. Using the degree of operating leverage, calculate the change in profit caused by a 14 percent increase in sales revenue Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required) Calculate Cove's new break-even point under each of the following independent scenarios: (Round your answers to the nearest whole number) a. Sales price increases by $2.00 per cake. b. Fixed costs increase by $S40 per month Variable costs decrease by $0.28 per cake. d. Sales price decreases by $0.80 per cake. Show less ta Sales price increases by $2.00 per cake Tb. Feed costs increase by $540 per month te Variable costs decrease by 50 28 per cake 1d Sales price decreases by 50 80 per cake Break Even Point | cakes cakes cakes cakes Required 2 > Den E b. Fixed costs increase by $540 per month c. Variable costs decrease by $0.28 per cake. d. Sales price decreases by $0.80 per cake. 2 Assume that Cove sold 410 cakes last month. Calculate the company's degree of operating leverage. 3. Using the degree of operating leverage, calculate the change in profit caused by a 14 percent increase in sales revenue Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Assume that Cove sold 410 cakes last month. Calculate the company's degree of operating leverage. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Degree of Operating Leverage 2. Assume that Cove sold 410 cakes last month. Calculate the company's degree of operating leverage. 3. Using the degree of operating leverage, calculate the change in profit caused by a 14 percent increase in sales Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Using the degree of operating leverage, calculate the change in profit caused by a 11 percent increase in sales revenue. (Round your intermediate values to 2 decimal places. (i.e. 0.1234 should be entered as 12.34%.}} Effect on Profit