Question: please solve for 2 Cove's Cakes is a local bakery. Price and cost information follows: $ 14.01 Price per cake Variable cost per cake Ingredients

please solve for 2

Cove's Cakes is a local bakery. Price and cost information follows: $ 14.01 Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month 2.23 1.06 0.25 $4,397.40 Required: 1. Determine Cove's break-even point in units and sales dollars. 2. Determine the bakery's margin of safety if it currently sells 490 cakes per month 3. Determine the number of cakes that Cove must sell to generate $1,700 in profit Required 1 Required 2 Required 3 Determine the bakery's margin of safety if it currently sells 490 cakes per month. (Round your intermediate calculations to 2 decimals. Round the break-even units and final answer to nearest whole dollar.) Margin of Safety (5) 70

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