.3 Breakeven analysis (LO 1) Asher Hyatt owns and operates Baby Cakes, a bakery creates personalized birthday cakes for a child's first birthday. The cakes, which sell for that $56 and feature an edible picture of the child, are shipped throughout the country. A typical month's results are as follows: Sales revenue Variable expenses Contribution margin Fixed expenses Operating income $840,000 630,000 210,000 112,000 $98,000 TS