Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. coves cakes is a local bakery. price and cost info

Coves Cakes is a local bakery. Price and cost information follows: ...

60.1K

Verified Solution

Question

Accounting

Coves Cakes is a local bakery. Price and cost information follows:
image
image
10.00 points Cove's Cakes is a local bakery. Price and cost information follows: $ 13.31 HTI Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Faced cost per month 2.21 1.15 0.14 $3.412.50 MO 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.) Mgmt Cakes Break Even Units Break-Even Sales Dollars 2. Determine the bakery's margin of safety if it currently sells 410cakes per month. (Round your intermediate calculations to 2 decimals. Round the break-even units and final answer to nearest whole dollar) Margin of Safety re 3. Determine the number of cakes that Cove must sell to generate $1,300 in profit. (Round your intermediate calculations to 2 decimal places and final answer to nearest whole number.) Target Salon Unit Cakes MECBOOK DO 00 $ 0 & 7 % 5 8 9 6 3 4 a O U Y R

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

If a 50% toluene and 50% cyclohexane mixture goes through to vaporization-condensation processes, what is the composition...

Chemistry
Q

The energy flux of solar radiation arriving at Earth orbit is 1353 W/m2. The diameter of...

Mechanical Engineering
Q

Purpose: To explore the sampling distribution for sample proportions. Materials: One package of candies with multiple colors (M&M’s...

Basic Math
Q

9A A personnel researcher has designed a questionnaire and she would like to estimate the average...

Basic Math
Q

F In the L C circuit shown in figure the current is in direction shown...

Physics
Q

Question 8 Professor Sharpwit has 60 students in her Adva of them are Basket Weaving...

Statistics
Q

The following transactions took place at Fabulous Fashions Outlet during July 20X1. Fabulous Fashions Outlet...

Accounting
Q

Touma uses the filing status of Single for 2022. He has taxable income of $34,210....

Accounting
Q

The total asset turnover ratio is: HORT ANSWER. Write the word or phrase that...

Accounting
Q

A corporation has operating income of $75,000. What is its taxable income if it receives...

Accounting
Q

Una compaa de teatro local vende 1500 paquetes de boletos de temporada a un precio...

Accounting
Q

Adjusting process- When are accounts adjusted? Why are accounts adjusted? What are the four basic...

Accounting