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3 Check my work 7 E6-3 (Algo) Determining Break-Even Point, Target Profit, Margin of Safety (LO 6-1, 6-2, 6-3) 2 points Cove's Cakes is a
3 Check my work 7 E6-3 (Algo) Determining Break-Even Point, Target Profit, Margin of Safety (LO 6-1, 6-2, 6-3) 2 points Cove's Cakes is a local bakery. Price and cost information follows: $ 14.81 eBook Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month 2.33 1.05 0.12 $4,637.10 References Required: 1. Determine Cove's break-even point in units and sales dollars. 2. Determine the bakery's margin of safety if it currently sells 480 cakes per month 3. Determine the number of cakes that Cove must sell to generate $1,800 in profit. Complete this question by entering your answers in the tabs belo Required 1 Required 2 Required 3 Determine Cove's break-even point in units and sales dollars. (Round your number. Round your other intermediate calculations and sales dollars ansi Cakes Break-Even Units Break-Even Sales Dollars 7 E6-3 (Algo) Determining Break-Even Point, Target Profit, Margin of Safety (LO 6-1, 6-2, 6-3) S Cove's Cakes is a local bakery. Price and cost information follows: $ 14.81 eBook Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month 2.33 1.05 0.12 $4,637.10 eferences Required: 1. Determine Cove's break-even point in units and sales dollars. 2. Determine the bakery's margin of safety if it currently sells 480 cakes per month 3. Determine the number of cakes that Cove must sell to generate $1,800 in profit Complete this question by entering your answers in the tabs belo Required 1 Required 2 Required 3 Determine the bakery's margin of safety if it currently sells 480 cakes per decimals. Round the break-even units and final answer to nearest whole d Margin of Safety (S)
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