Cove's Cakes is a local bakery. Price and cost information follows: $ 14.01 Price per cake Variable cost per cake Tredients Direct labor Overhead (box, etc.) Fixed cost per month 1.03 0.10 $4,252.00 Required: 1. Calculate Cove's new break-even point under each of the following independent scenarios a. Sales price increases by $1.50 per cake. b. Fixed costs increase by $480 per month c. Variable costs decrease by $0.25 per cake. d. Sales price decreases by $0.80 per cake, 2. Assume that Cove sold 420 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 12 percent increase in sales revenue Complete this question by entering your answers in the tabs below, Required 1 Required 2 Required Calculate Cove's new break-even point under each of the following independent scenarios: (Round your answers to the nearest whole number) Sales price increases by $1.50 per cake. b. Fixed costs Increase by $480 per month Variable costs decrease by $0.25 per cake. d. Sales price decreases by $0.80 per cake Cove's Cakes is a local bakery Price and cost information follows: 5 16.01 Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month 1.03 0.10 54,252.00 Required: 1. Calculate Cove's new break even point under each of the following independerit scenarios: a. Sales price increases by $150 pet cake, b. Fored costs increase by $480 per month c. Variable costs decrease by $0.25 per cake. d. Sales price decreases by $0.80 per cake, 2. Assume that Cove sold 420 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 12 percent increase in sales revenue. Complete this question by entering your answers in the tabs below. Requred Required 2 Required Assume that Cove sold 420 cakes last month. Calculate the company's degree of operating leverage (Do not round intermediate calculations. Round your answer to 2 decimal places) Dog Lover Cove's Cakes is a local bakery. Price and cost information follows: 5 24.01 Price per cake Variable cost per cake Ingredients Dirett Labor Overhead (box, etc.) Fixed cost per month 1.03 0.10 $4,252.00 Required: 1. Calculate Cove's new break even point under each of the following independent scenarios: Sales price increases by $1.50 pet cake b. Fixed costs increase by $480 per month c. Variable costs decrease by $0.25 per cake, d. Sales price decreases by $0.80 per cake 2. Assume that cove sold 420 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 12 percent increase in sales revenue. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Using the degree of operating leverage, calculate the change in profit caused by a 12 percent increase in sales revenue (Round your intermediate values to 2 decimal places (1 0.1234 should be entered as 12.34%.))
