EXERCISE 5-11. [LO 1] During the year,Summit produces 40,000 snow shovels and sells 37,000 snow shovels. Required What is the value of ending inventory using full costing? EXERCISE 4-11. CVP Analysis [LO 3] Gabbys Wedding Cakes creates elaborate wedding cakes. Each cake sells for $600.The variable cost of making the cakes is $250,and the fixed cost per month is $7,700. Required a. Calculate the break-even point for a month in units. b. How many cakes must be sold to earn a monthly profit of $10,000