Cove's Cakes is a local bakery. Price and cost information follows: $ 13.31 Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month 2.25 1.05 0.19 $2,946.00 Required: 1. Calculate Cove's new break-even point under each of the following independent scenarios: a. Sales price Increases by $1.40 per cake, b. Fixed costs increase by $505 per month c. Variable costs decrease by $0,36 per cake d. Sales price decreases by $0.40 per cake 2. Assume that Cove sold 325 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 14 percent increase in sales revenue Required 1 Required 2 Required 3 Calculate Cove's new break-even point under each of the following independent scenarios: (Round nearest whole number.) a. Sales price increases by $1.40 per cake. b. Fixed costs increase by $505 per month. c. Variable costs decrease by $0.36 per cake. d. Sales price decreases by $0.40 per cake. Break Even Point cakes 1a Sales price increases by $1.40 per cake 1b. Fixed costs increase by $505 per month 1c. Variable costs decrease by $0.36 per cake 1d. Sales price decreases by $0.40 per cake cakes cakes cakes Required 1 Required 2 Required 3 Assume that Cove sold 325 cakes last month. Calculate the con intermediate calculations. Round your answer to 2 decimal plac Degree of Operating Leverage Required 1 Required 2 Required 3 Using the degree of operating leverage, calculate the c revenue. (Round your intermediate values to 2 decima Effect on Profit %