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E6-3 Determining Break-Even Point, Target Profit, Margin of Safety [LO 6-1, 6-2, 6-3] Coves Cakes is a local bakery Price and cost information follows $1461

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E6-3 Determining Break-Even Point, Target Profit, Margin of Safety [LO 6-1, 6-2, 6-3] Coves Cakes is a local bakery Price and cost information follows $1461 Price per cake Variable cost per cake 2.23 1.13 Direct labor Overhead (box, etc) Fixed cost per month $3 312 00 Required: 1. Delerine Cove's break even point in unils and sales dollars. (Round your Break-Even Units answer to the nearest whole number. Round your other intermediate calculations and sales dollars answer to 2 decimal places.) Break-Even Units Cakes Break-Even Sales Dollars 2. Determine the bakery's margin of satety if it currently sells 350 cakes per month. (Round your intermediate calculations to 2 decimals. Round the break-even units and final answer to nearest whole dollar.] n of S 3. Determine the number of cakes that Cove must sell to generate S2,800 in profit. (Round your intermediate calculations to 2 decimal places and final answer to nearest whole number.) Sales Units Cakes

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