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Required: Calculate Cove's new break-even point under each of the following independent scenarios: (Round your intermediate calculations to 2 decimal places and final answers to
Required: Calculate Cove's new break-even point under each of the following independent scenarios: (Round your intermediate calculations to 2 decimal places and final answers to the nearest whole number.) a. Sales price increases by $1.50 per cake Break-Even Point 344 Units b. Fixed costs increase by $520 per month. Break-Even Point 436 Units c. Variable costs decrease by $0.25 per cake. Break-Even 382 Units d. Sales price decreases by $0.80 per cake. Break-Even point 420 Units Assume that Cove sold 420 cakes last month. Calculate the company's degree of operating leverage. (Round your answer to 4 decimal places.) Degree of Operating Leverage ____ Using the degree of operating leverage, calculate the change in profit caused by a 8 percent increase in sales revenue. (Round your final answer to 2 decimals, (for example, 155.05%).) Effect on Profit ____ %
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