E6-3 (Algo) Determining Break-Even Point, Target Profit, Margin of Sofety [LO 6-1, 6-2, 6-3] Cove's...
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E6-3 (Algo) Determining Break-Even Point, Target Profit, Margin of Sofety [LO 6-1, 6-2, 6-3] 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 400 cakes per month. 3. Determine the number of cakes that Cove must sell to generate $1,800 in profit. Complete this question by entering your answers in the tabs below. Determine the bakery's margin of safety in sales dollars if it currently sells 400 cakes per month. Note: Round your intermediate calculations to 2 decimals. Round the final answer to nearest whole dollar
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