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 2.18 1.03 0.12 $4,905.60 Required: 1. Calculate Cove's new break-even point under each of the following independent scenarios: (Round your answer to the nearest whole number.) a. Sales price increases by $1.70 per cake. Break-Even Point - cakes ] b. Fixed costs increase by $490 per month Break-Even Point - cakes ] cakes c. Variable costs decrease by $0.28 per cake. Break-Even Point . cakes ] d. Sales price decreases by 50.50 per cake. Break-Even Point cakes 2. Assume that Cove sold 445 cakes last month. Calculate the company's degree of operating leverage (Do not round intermediate calculations. Round your answer to 2 decimal places.) Degree of Operating Leverage 3. Using the degree of operating leverage calculated in Requirement 2, calculate the change in profit caused by a 10 percent increase in sales revenue. (Round your final answer to 2 decimal places (i.e. .1234 should be entered as 12.34%.)) Effect on Profit