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C eztornheducation.com/hm.tpx pps Yemovies 1 Hawkes Learning Blackboard Learm Welcome myutrg () Rainbow Si-Shx Exam Cove's Cakes is a local bakery Price and cost information folows 1311 221 1.06 028 Overhead (box, e Fwed cost per month $344520 Required 1. Determine Cove's break even point in units and sales dollars (Round your Break-Even Units answer to the nearest whole number Round your other intermediate calculations and sales dolilars answer to 2 decimal places) Break-Even E Sales Duilas 2. Determine the bakery's margin of safety d it curmently sells 460 cakes per monith (Round your intermediate calculations to 2 decimals. Round the break-even units and final answer to nearest whole dollar) 3 Determine the number of cakes that Cove must sell to generalo $1,600 n profit (Round your intermediale caliculations to 2 decimal places and final answer to nearest whole number 813 PM O Type here to search /12/2018

Explanation / Answer

Selling Price Per cake           13.11 Less Variable cost (2.21+1.05+0.28)             3.54 Contribution             9.57 Contribution % (9.57 / 13.11)*100           73.00 Fixed cost per month     3,445.20 1 Break-even units        360.00 Cakes Break-even Sales Dollar     4,719.45 Fixed cost / Contribution per unit 3445.2 / 9.57        360.00 Fixed cost / Contribution %     4,719.45 2 Margin of safety = Actual or budgeted sales – Sales required to break-even 6030.6 - 4719.45 1311.15 Actual sales 460 * 13.11 6030.6 3 Fixed cost + targeted profit / Contribution per unit 3445.20 + 1600 /9.57 527 Cakes

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