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Cove s Cakes is a local bakery. Price and cost information follows: Price per cake $ 1 3 . 3 1 Variable cost per cake
Coves Cakes is a local bakery. Price and cost information follows:
Price per cake $
Variable cost per cake
Ingredients
Direct labor
Overhead box etc.
Fixed cost per month $
Required:
Determine Coves breakeven point in units and sales dollars.
Determine the bakerys margin of safety if it currently sells cakes per month.
Determine the number of cakes that Cove must sell to generate $ in profit.
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