alue: 2.00 points E6-4 Analyzing Changes in Price, Cost Structure. Degree of Operating Leverage [LO 6-4. 6-5] Cove's Cakes is a local bakery. Price and cost information follows $ 13.31 Price per cake Variable cost per cake 2.21 1.16 0.21 $3,794.70 Ingredients Direct labor Overhead (box, etc.) Fixed cost per month Required 1. Calculate Cove's new break-even point under each of the following independent scenarios: (Round your answer to the nearest whole number.) a. Sales price increases by $2.00 per cake. reak-Even cakes b. Fixed costs increase by $450 per month. reak-Even cakes c. Variable costs decrease by $0.33 per cake reak-Even cakes d. Sales price decreases by $0.50 per cake reak-Even 411 cakes 2. Assume that Cove sold 420 cakes last month. Calculate the company's degree of operating leverage. (Do not round intermediate calculations. Round your answer to 4 decimal places.) gree of Operating 3. Using the degree of operating leverage calculated in Requirement 2, calculate the change in profit caused by a 11 percent increase in sales revenue. (Round your final answer to 2 decimal places (i.e. .1234 should be entered as 12.34%.)) on