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Cove's Cakes is a local bakery. Price and cost information follows: Required: 1. Calculate Cove's new break-even point under each of the following independent scenarios: a. Sales price increases by $1.00 per cake. b. Fixed costs increase by $500 per month. c. Variable costs decrease by $0.35 per cake. d. Sales price decreases by $0.50 per cake. 2. Assume that Cove sold 400 cakes last month. Calculate the company's degree of operating leverage. 3. Using the degree of operating leverage, calculate the change in profit caused by a 10 percent increase in sales revenue. Complete this question by entering your answers in the tabs below. Calculate Cove's new break-even point under each of the following independent scenarios: Note: Do not round your intermediate calculations. Round your answers to the nearest whole number. a. Sales price increases by $1.00 per cake. b. Fixed costs increase by $500 per month. c. Variable costs decrease by $0.35 per cake. d. Sales price decreases by $0.50 per cake. Calculate Cove's new break-even point under each of the following independent scen Note: Do not round your intermediate calculations. Round your answers to the neare a. Sales price increases by $1.00 per cake. b. Fixed costs increase by $500 per month. c. Variable costs decrease by $0.35 per cake. d. Sales price decreases by $0.50 per cake. 1. Calculate Cove's new break-even point under each of the following independent scenarios: a. Sales price increases by $1.00 per cake. b. Fixed costs increase by $500 per month. c. Variable costs decrease by $0.35 per cake. d. Sales price decreases by $0.50 per cake. 2. Assume that Cove sold 400 cakes last month. Calculate the company's degree of operating lever 3. Using the degree of operating leverage, calculate the change in profit caused by a 10 percent inc Complete this question by entering your answers in the tabs below. Assume that Cove sold 400 cakes last month. Calculate the company's degree of operating leverage. Note: Do not round your intermediate calculations. Round your answer to 4 decimal places. 1. Calculate Cove's new break-even point under each of the following indep a. Sales price increases by $1.00 per cake. b. Fixed costs increase by $500 per month. c. Variable costs decrease by $0.35 per cake. d. Sales price decreases by $0.50 per cake. 2. Assume that Cove sold 400 cakes last month. Calculate the company's d 3. Using the degree of operating leverage, calculate the change in profit ca Complete this question by entering your answers in the tabs below. Using the degree of operating leverage, calculate the change in profit caused b Note: Do not round your intermediate calculations. Round your final answer to entered as 12.34%. )