Cove's Cakes is a local bakery. Price and cost information follows:

Price per cake

Variable cost per cake

Ingredients

Direct labor

Overhead (box, etc.)

Fixed costs per month

Required:

$ 13.91

2.23

1.11

0.23

4,549.60

1. Determine Cove's break-even point in units and sales dollars.
2. Determine the bakery's margin of safety in sales dollars if it currently sells 520 cakes per month.
3. Determine the number of cakes that Cove must sell to generate $2.400 in profit.

Cove's Cakes is a local bakery. Price and cost information follows; Required: 1. Determine Cove's break-even point in units and sales dollars. 2. Determine the bakery's margin of satety in sales dollars if it currently sells 520 cakes per month. 3. Determine the number of cakes that Cove must sell to generate $2.400 in profit. Complete this question by entering your answers in the tabs below. Determine Cove's break-even point in units and sales dollars. Note: Round your Break-Even Units answer to the nearest whole number. Round your other intermediate calculations and sales dollars answer to 2 decimal places