Homework i 3 Check my work 7 E6-3 (Algo) Determining Break-Even Point, Target Profit, Margin of Safety (LO 6-1, 6-2, 6-3) ints Cove's Cakes is a local bakery. Price and cost information follows: $ 14.81 eBook Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month 2.33 1.05 0.12 $4,637.10 References Required: 1. Determine Cove's break-even point in units and sales dollars. 2. Determine the bakery's margin of safety if it currently sells 480 cakes per month 3. Determine the number of cakes that Cove must sell to generate $1,800 in profit. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine Cove's break-even point in units and sales dollars. (Round your Break-Even Units answer to the nea number. Round your other intermediate calculations and sales dollars answer to 2 decimal places.) Cakes Break-Even Units Break-Even Sales Dollars Required Required 2 > Mc Graw Hill Lucational BRE 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: $ 14.81 eBook Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month 2.33 1.05 0.12 $4,637.10 eferences Required: 1. Determine Cove's break-even point in units and sales dollars. 2. Determine the bakery's margin of safety if it currently sells 480 cakes per month. 3. Determine the number of cakes that Cove must sell to generate $1,800 in profit. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the bakery's margin of safety if it currently sells 480 cakes per month. (Round your intermediate cal decimals. Round the break-even units and final answer to nearest whole dollar.) Margin of Safety (5) Me Graw Hill 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: $ 14.81 bok Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month 2.33 1.05 0.12 $4,637.10 Fences Required: 1. Determine Cove's break-even point in units and sales dollars. 2. Determine the bakery's margin of safety if it currently sells 480 cakes per month. 3. Determine the number of cakes that Cove must sell to generate $1,800 in profit. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the number of cakes that Cove must sell to generate $1,800 in profit. (Round your intermediate cale decimal places and final answer to nearest whole number.) Target Sales Units Cakes
