23.11 Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month 2.18 1.05 0.29 $2,877.00 Required: 1. Calculate Cove's new break-even point under each of the following independent scenarios o. Sales price increases by $1.30 per cake, b. Fixed costs increase by $465 per month c. Variable costs decrease by $0.43 per cake d. Sales price decreases by $0.60 per cake 2. Assume that Cove sold 310 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 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 $1.30 per cake. b. Fixed costs Increase by $465 per month c. Variable costs decrease by $0.43 per cake d. Sales price decreases by 50.60 per cake. Show less 1a Sales price increases by $1,30 per cake 1b. Faced costs increase by 5465 per month to Variable costs decrease by 50 43 per cake 1d Sales price decreases by 50 60 per cake Break Even Point cakes Cakes cakes cakes Required 2 > yery Cove's Cakes is a local bakery Price and cost information follows: $ 13.11 Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month 2.18 1.05 0.29 $2,877.00 Required: 1. Calculate Cove's new break even point under each of the following independent scenarios. o. Sales price increases by $1.30 per cake, b. Fixed costs increase by $465 per month c. Variable costs decrease by $0.43 per cake, d. Sales price decreases by $0 60 per cake. 2. Assume that Cove sold 310 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 Assume that cove sold 310 cakes last month. calculate the company's degree of operating leverage (Do not round Intermediate calculations. Round your answer to 2 decimal place) Degree of Operating Leverage . Cove's Cakes is a local bakery. Price and cost information follows: $ 13.11 Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month 2.18 1.65 0.29 $2,877.00 Required: 1. Calculate Cove's new break-even point under each of the following independent scenarios: a. Sales price increases by $130 per cake b. Fixed costs increase by $465 per month c. Variable costs decrease by $0.43 per cake d. Sales price decreases by 50.60 per cake 2. Assume that Cove sold 310 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 5 Complete this question by entering your answers in the tabs below. Required Required 2 Required) Using the degree of operating leverage calculate the change in profit caused by a 14 percent increase in sales revenue. (Round your intermediate values to 2 decimal places 1.0.0.1234 should be entered as 1239) Effect on Profit X
