Cove’s cakes is a local bakery. price and cost information follows:
price per cake$ 14.01
variable cost per cake
ingredients2.26
direct labor1.16
overhead (box, etc.)0.23
fixed costs per month3,626.00 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 430 cakes per month. determine the number of cakes that cove must sell to generate $2,000 in profit.