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can someone help me solve this problem? E6-3 (Algo) Determining Break-Even Point, Target Profit, Margin of Safety [LO 6-1, 6-2, 6-3] Cove's Cakes is a
can someone help me solve this problem?
E6-3 (Algo) Determining Break-Even Point, Target Profit, Margin of Safety [LO 6-1, 6-2, 6-3] Cove's Cakes is a local bakery. Price and cost information follows: 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 460 cakes per month. 3. Determine the number of cakes that Cove must sell to generate $2,500 in profit. Complete this question by entering your answers in the tabs below. Determine Cove's break-even point in units and sales dollars. (Pound your Break-tven Units answer to the nearest whole number. Round your other intermediate calculations and sales dollars answer to 2 decimat places:) Step by Step Solution
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