Cove's Cakes is a local bakery. Price and cost information follows: Required: 1. Determine Cove's...
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Cove's Cakes is a local bakery. Price and cost information follows: Required: 1. Determine Cove's break-even point in units and sales dollars. 2. Determine the bakery's margin of safety in sales dollars if it currently sells 350 cakes per month. 3. Determine the number of cakes that Cove must sell to generate $1,700 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
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