Coves Cakes is a local bakery. Price and cost information follows: Price per cake $ 13.61 Variable cost per cake Ingredients 2.27 Direct labor 1.16 Overhead (box, etc.) 0.15 Fixed costs per month 3,711.10 Required: Calculate Coves new break-even point under each of the following independent scenarios: Sales price increases by $1.90 per cake. Fixed costs increase by $515 per month. Variable costs decrease by $0.36 per cake. Sales price decreases by $0.20 per cake. Assume that Cove sold 395 cakes last month. Calculate the companys degree of operating leverage. Using the degree of operating leverage, calculate the change in profit caused by a 10 percent increase in sales revenue