Cove$$s Cakes is a local bakery. Price and cost information follows:

Price per cake $ $14\mathrm{.}81$

Variable cost per cake

Ingredients $2\mathrm{.}30$

Direct labor $1\mathrm{.}10$

Overhead $($box$,$ etc.$)0\mathrm{.}21$

Fixed cost per month $ $3,472\mathrm{.}00$

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 $370$ cakes per month.

$3.$ Determine the number of cakes that Cove must sell to generate $$1,500$ in profit.