Cove's Cakes is a local bakery. Price and cost information follows: $ 15.01 Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month 2.26 1.06 0.30 $4,328.20 Required: 1. Calculate Cove's new break-even point under each of the following independent scenarios 6. Sales price increases by $1.50 per cake b. Fixed costs increase by $515 per month c. Variable costs decrease by $0.29 per cake d. Sales price decreases by $0.60 per cake 2. Assume that Cove sold 405 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 9 percent increase in sales revenue Complete this question by entering your answers in the tabs below. Required Required 2 Required 3 Calculate Cove's new break-even point under each of the following independent scenarios: (round your answers to the nearest whole number.) a. Sales price increases by $1.50 per cake. b. Fixed costs increase by $515 per month c. Variable costs decrease by $0.29 per cake. d. Sales price decreases by $0.60 per cake. Show less Break Even Point cakes cakes 1. Sales price increases by $1.50 per cake 1b. Fed costs increase by 5515 per month 10. Variable costs decrease by 50 29 per cake 10 Sales pece decreases by 50 60 per cake cakes Required 2 >