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Cove's Cakes is a local bakery. Price and cost information follows: Required: Determine Cove's...

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Accounting

Cove's Cakes is a local bakery. Price and cost information follows:
Required:
Determine Cove's break-even point in units and sales dollars.
Determine the bakery's margin of safety in sales dollars if it currently sells 480 cakes per month.
Determine the number of cakes that Cove must sell to generate $1,900 in profit.
Complete this question by entering your answers in the tabs below.
Determine Cove's break-even point in units and sales dollars.
Note: Round your Break-Even Units answer to the nearest whole number. Round your other intermediate calculations and
sales dollars answer to 2 decimal places.Coves Cakes is a local bakery. Price and cost information follows:
Price per cake $ 14.61
Variable cost per cake
Ingredients 2.31
Direct labor 1.13
Overhead (box, etc.)0.28
Fixed costs per month 4,464.90
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