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please solve all three Cove's Cakes is a local bakery Price and cost information follows: a $ 14.71 2.31 Price per cake Variable cost per
please solve all three
Cove's Cakes is a local bakery Price and cost information follows: a $ 14.71 2.31 Price per cake Variable cost per cake Ingredients Direct labor overhead (box, etc.) Fixed cost per nonth 1.12 0.28 $4,620.00 Required: 1. Calculate Cove's new break-even point under each of the following independent scenarios: o. Sales price increases by $1.60 per cake. b. Fixed costs increase by $460 per month c. Variable costs decrease by $0.31 per cake d. Sales price decreases by $0.30 per cake, 2. Assume that Cove sold 435 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 13 percent increase in sales revenue. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate Cove's new break-even point under each of the following independent scenarios: (Round your answers to the nearest whole number) Sales pece increases by $1.60 per cake Fixed costs increase by $460 per month c Variable costs decrease by $0.31 per cake d. Sales price decreases by $0.30 per cake Show less 10 Si ce increases by 5100 pot cake 16 Fod costs vies by 5400 per month 16 Variable costs decrease by 30 31 pecake 10 Sic decreases by 50 36 Decke Break Even Point cakes cakes cakes cakes tabs below. Required 1 Required 2 Required 3 Assume that Cove sold 435 cakes last month. Calculate the company's degree of operating leverage. (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Degree of Operating Leverage Required 1 Required 2 Required 3 Using the degree of operating leverage, calculate the change in profit caused by a 13 percent increase in sales revenue. (Round your intermediate values to 2 decimal places. (.e. 0.1234 should be entered as 12.34%.)) Elect on Profit Step by Step Solution
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