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Cove's Cakes is a local bakery. Price and cost information follows: Required: 1. Calculote Cove's new break-even point under each of the following independent scenarios:

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Cove's Cakes is a local bakery. Price and cost information follows: Required: 1. Calculote Cove's new break-even point under each of the following independent scenarios: a. Sales price increases by $1.20 per cake. b. Fixed costs increase by $540 per month. c. Variable costs decrease by $0.41 per cake. d. Sales price decreoses by $0.60 per cake. 2. Assume that Cove sold 350 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 o 12 percent increase in sales revenue. Complete this question by entering your answers in the tabs below

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