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Cove's Cakes is a local bakery. Price and cost information follows: Price per cake Variable cost per cake Ingredients $ 17.00 2.50 1.40 Overhead
Cove's Cakes is a local bakery. Price and cost information follows: Price per cake Variable cost per cake Ingredients $ 17.00 2.50 1.40 Overhead (box, etc.) 0.20 Fixed cost per month $3,850.00 Direct labor 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 450 cakes per month. 3. Determine the number of cakes that Cove must sell to generate $2,000 in profit. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine Cove's break-even point in units and sales dollars. (Round your Break-Even Units answer to the nearest whole number and sales dollars answer to 2 decimal places.) Break-Even Units Break-Even Sales Dollars 4,986 Cakes 13.90
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