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Jasper Company has sales of $181,000 and a break-even sales point of $123,600. Compute Jasper's margin of safety Margin of Safety Compute Jasper's margin of
Jasper Company has sales of $181,000 and a break-even sales point of $123,600. Compute Jasper's margin of safety Margin of Safety Compute Jasper's margin of safety ratio. (Round your answer to 3 decimal places. (i.e. .12345 should be entered as 12.345%)) Margin of Safety Ratio Cove's Cakes is a local bakery. Price and cost information follows: $14.81 Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) 2.17 1.13 0.13 $4,096.80 Fixed cost per month Required: 1. Determine Cove's break-even point in units 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 Dolilars 2. Determine the bakery's margin of safety if it currently sells 400 cakes per month. (Round your intermediate calculations to 2 decimals. Round the break-even units and final answer to nearest whole dollar.) of 3. Determine the number of cakes that Cove must sell to generate $1,000 in profit. (Round your intermediate calculations to 2 decimal places and final answer to nearest whole number.) Target Sales Units Cakes
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