PART 2

Cove's Cakes is a local bakery. Price and cost information follows: 17,00 Price per cake Variable cost per cake Ingredients 2.50 Overhead (box, etc.) Fixed cost per month 0.20 $3,850.00 Required: 1. Determine Cove's break-even point in units and sales dollars. (Round your Break-Even Units answer to the nearest whole number and sales dollars answer to 2 decimal places.) Break-Even Units Cakes Break-Even Sales . Determine the bakery's margin of safety if it currently sells 450 cakes per month. (Round your intermediate calculations to 2 decimals and use the break-even units calculated in Requirement 1.) Margin of Safety . Determine the number of cakes that Cove must sell to generate $2,000 in profit. (Round your answer to the nearest whole number.) Target Sales Cakes Dana's Ribbon World makes award rosettes. Following is information about the company: Variable cost per rosette Sales price per rosette Total fixed costs per month 889.00 1.60 3.00 Required: 1. Determine how many rosettes Dana's must sell to break even. (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole number.) Break-Even Rosettes Units 2. Calculate the break-even point in sales dollars. (Round your intermediate calculationss and final answer to 2 decimal places.) Break-Even Sales Dollars