Cove's Cakes is a local bakery. Price and cost information follows: S 13.91 Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month 2.24 1.16 0.28 $3,887.40 5 Required: 1. Calculate Cove's new break-even point under each of the following independent scenarios: (Round your answer whole number.) a. Sales price increases by $2.10 per cake. Break-Even Point cakes b. Fixed costs increase by $540 per month Break-Even Point cakes c. Variable costs decrease by $0.40 per cake. Break-Even Point cakes d. Sales price decreases by $0.70 per cake. Break-Even Point cakes 2. Assume that Cove sold 410 cakes last month. Calculate the company's degree of operating leverage. (Do not round inter calculations. Round your answer to 2 decimal places.) Degree of Operating Leverage 2. Assume that Cove sold 410 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 Leverago 3. Using the degree of operating leverage calculated in Requirement 2, calculate the change in profit caused by a 13 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 %