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Cove's Cakes is a local bakery. Price and cost information follows: Price per cake Variable cost per cake Ingredients $ 14.31 2.24 Direct labor 1.09

Cove's Cakes is a local bakery. Price and cost information follows: Price per cake Variable cost per cake Ingredients $ 14.31 2.24 Direct labor 1.09 Overhead (box, etc.) 0.16 Fixed cost per month $5,085.40 Required: 1. Determine Cove's break-even point in units and sales dollars. 2. Determine the bakery's margin of safety if it currently sells 530 cakes per month. 3. Determine the number of cakes that Cove must sell to generate $2,500 in profit. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3

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