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

Price per cake $ $14\mathrm{.}61$

Variable cost per cake

Ingredients $2\mathrm{.}28$

Direct labor $1\mathrm{.}15$

Overhead $($box$,$ etc.$)0\mathrm{.}18$

Fixed cost per month $ $4,840\mathrm{.}00$

Required:

$1.$ Calculate Cove$$s new break$-$even point under each of the following independent scenarios:

a$.$ Sales price increases by $$2\mathrm{.}10$ per cake.

b$.$ Fixed costs increase by $$525$ per month.

c$.$ Variable costs decrease by $$0\mathrm{.}30$ per cake.

d$.$ Sales price decreases by $$0\mathrm{.}70$ per cake.

$2.$ Assume that Cove sold $465$ cakes last month. Calculate the company$$s degree of operating leverage.

$3.$ Using the degree of operating leverage, calculate the change in profit caused by a $6$ percent increase in sales revenue.