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Cove's Cakes is a local bakery. Price and cost information follows: $ 14.41 Price per cake Variable cost per cake Ingredients Direct labor Overhead (box,
Cove's Cakes is a local bakery. Price and cost information follows: $ 14.41 Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month 2.24 1.14 0.18 $3,689.00 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 390 cakes per month. 3. Determine the number of cakes that Cove must sell to generate $1,900 in profit. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the number of cakes that Cove must sell to generate $1,900 in profit. (Round your intermediate calculations to 2 decimal places and final answer to nearest whole number.) Target Sales Units 7,423 Cakes
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