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Coves Cakes is a local bakery. Price and cost information follows: Price per cake $ 13.81 Variable cost per cake Ingredients 2.16 Direct labor 1.18

Coves Cakes is a local bakery. Price and cost information follows:

Price per cake $ 13.81
Variable cost per cake
Ingredients 2.16
Direct labor 1.18
Overhead (box, etc.) 0.18
Fixed cost per month $ 3,189.90

Required: 1. Determine Coves break-even point in units and sales dollars. (Round your Break-Even Units answer to the nearest whole number. Round your other intermediate calculations and sales dollars answer to 2 decimal places.)

Break Even Units: _____ Cakes

Break Even Sales Dollars: 2. Determine the bakerys margin of safety if it currently sells 380 cakes per month. (Round your intermediate calculations to 2 decimals. Round the break-even units and final answer to nearest whole dollar.)

Margin of Safety: 3. Determine the number of cakes that Cove must sell to generate $2,900 in profit. (Round your intermediate calculations to 2 decimal places and final answer to nearest whole number.)

Target Sales Units:

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