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An Italian bakery on Franklin Ave is famous for its cakes. The bakery sells its cakes for $14.95 to the public. The cost for the

An Italian bakery on Franklin Ave is famous for its cakes. The bakery sells its cakes for $14.95 to the public. The cost for the ingredients and labor to make the cake are $8.95 per cake, and the fixed cost for the bakery for one month are $1,860.

a.) assuming that this bakery only sells cakes, what is the break-even point in number of cakes? (your answer may not be a whole number)

b.)This bakery sells 1,500 cakes for the month of April. What is the expected net income (loss)?

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