1) Break even unit = Fixed cost/Contribution margin per unit = 3850/(17-4.10) = 298 Units
Break even sales = 298*17 = 5066
2) Margin of safety = (450-298)*17 = 2584
3) Target sales = (3850+2000)/12.90 = 453 Units
Cove's Cakes is a local bakery. Price and cost information follows: $ 17.00 points Price per...
mnect-5 0 Saved Cove's Cakes is a local bakery. Price and cost information follows: $ 17.00 Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month 2.50 1.40 0.20 $3,850.00 Print ferences 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 450 cakes per month. 3. Determine the number of cakes that Cove must sell to generate $2,000 in profit....
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Cove's Cakes is a local bakery. Price and cost information follows: $ 13.61 Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month 2.25 1.07 0.20 $4,237.80 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 470 cakes per month. 3. Determine the number of cakes that Cove must sell to generate $1,000 in profit.
Cove's Cakes is a local bakery. Price and cost information follows: $ 14.61 Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month 2.16 1.19 0.24 $4,077.40 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 410 cakes per month. 3. Determine the number of cakes that Cove must sell to generate $1,300 in profit. Complete this question by entering...
Cove's Cakes is a local bakery. Price and cost information follows: $ 15.01 Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month 2.21 1.09 0.18 $4.150.80 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 dollars answer to 2 decimal places.) Cakes Break-Even Units Break-Even Sales Dollars 2. Determine the bakery's margin of...
Cove's Cakes is a local bakery. Price and cost information follows: $ 13.31 Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month 2.33 1.12 0.27 $4,315.50 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 dollars answer to 2 decimal places.) Cakes Break-Even Units Break-Even Sales Dollars 2. Determine the bakery's margin of...