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Cove's Cakes is a local bakery. Price and cost information follows Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed
Cove's 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 13.71 2.23 1.13 0.21 $4,563.00 Required: 1. Determine Cove's break-even point in units and sales dollars. (Round your Break-Even Units answer to the nearest whole number. Round Break-Even Units Cakes Break-Even Sales Dollars 2. Determine the bakery's margin of safety if it currently sells 500 cakes per month. (Round your intermediate calculations to 2 decimals. Rour Margin of Safety 3. Determine the number of cakes that Cove must sell to generate $1,600 in profit. (Round your intermediate calculations to 2 decimal places Cakes Target Sales Units
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