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Cove's Cakes is a local bakery. Price and cost information follows: $ 13.61 Price per cake Variable cost per cake Ingredients Direct labor Overhead (box,

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Cove's Cakes is a local bakery. Price and cost information follows: $ 13.61 Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month 2.25 1.07 0.20 $4,237.80 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 470 cakes per month. 3. Determine the number of cakes that Cove must sell to generate $1,000 in profit

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