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E6-3 (Algo) Determining Break-Even Point, Target Profit, Margin of Safety [LO 6-1, 6-2, 6-3] Cove's Cakes is a local bakery. Price and cost information follows:

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E6-3 (Algo) Determining Break-Even Point, Target Profit, Margin of Safety [LO 6-1, 6-2, 6-3] 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 safety in sales dollars if it currently sells 420 cakes per month: 3. Determine the number of cakes that Cove must sell to generate $1,600 in profit. Complete this question by entering your answers in the tabs below

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