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Coves Cakes is a local bakery. Price and cost information follows: Price per cake $ 13.21 Variable cost per cake Ingredients 2.25 Direct labor 1.19
Coves Cakes is a local bakery. Price and cost information follows: Price per cake $ 13.21 Variable cost per cake Ingredients 2.25 Direct labor 1.19 Overhead (box, etc.) 0.29 Fixed costs per month 3,128.40 Required: Determine Coves break-even point in units and sales dollars. Determine the bakerys margin of safety in sales dollars if it currently sells 410 cakes per month. 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. Rounc sales dollars answer to 2 decimal places. Screen Shot 2023-04-2... Complete this question by entering your answers in the tabs below. Determine the bakery's margin of safety in sales dollars if it currently sells 410 cakes per month. Note: Round your intermediate calculations to 2 decimals. Round the final answer to nearest whole dollar. Screen Shot 2023-04-24 at 6... Determine the number of cakes that Cove must sell to generate $2,400 in profit. Note: Round your intermediate calculations to 2 decimal places and final answer to nearest whole numberStep by Step Solution
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