Cove's Cakes is a local bakery. Price and cost information follows: Required: 1. Catculate Cove's new break-even point under each of the following independent scenarios. o. Sales price increases by $1.20 per cake. b. Fixed costs increase by $455 per month c. Variable costs decrease by $0,34 per cake d. Sales price decreases by $0.60 per cake 2. Assume that Cove sold 320 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 a 6 percent increase in sales tevenue. Complete this question by entering your answers in the tabs below. 3. Using the degree of operating leverage, caiculate the change in proit caused by a b percent increase in sales revenue. Complete this question by entering your answers in the tabs below. Catculate Cove's new break-even point under each of the following independent scenarios: Note: Round your answers to the nearest whole number. a. Sales price increases by $1.20 per cake. b. Fixed costs increase by $455 per month. c. Variable costs decrease by $0.34 per cake. d. Sales price decreases by $0,60 per cake. 1. Calculate Cove's new break-even point under each of the following independent scenarios: o. Sales price increases by $1.20 per cake. b. Fixed costs increase by $455 per month c. Variable costs decrease by $0.34 per cake. d. Sales price decreases by $0.60 per cake 2. Assume that Cove sold 320 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 a 6 percent increase in sales revenue. Complete this question by entering your answers in the tabs below. Assume that Cove sold 320 cakes fast month. Calculate the company's degree of operating leverage. Note: Do not round intermediate calculations. Round your answer to 2 decimal places. 1. Calculate Cove's new break-ever point under each of the following independent scenarios: a. Sales price increases by $1,20 per cake. b. Fixed costs increase by $455 per month c. Variable costs decrease by $0.34 per cake. d. Sales price decreases by $0,60 per cake 2. Assume that Cove sold 320 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 a 6 percent increase in sales revenue Complete this question by entering your answers in the tabs below. Using the degree of operating leverage, calculate the change in profit caused by a 6 percent increase in sales revenue. Note: Round your finalianswer to 2 decimal placesi. (t.6, 0.1234 ithould be entered as 12.34%.)
