Just a heads up to others, so you don't waste "Essence of Dawning" like I have been doing.
I have 3 characters. My Titan did the grunt work and got my Easy Bake Oven masterworked first. I applied the Masterwork to the Oven and each baked item dropped from needing 15 "Essence of Dawning" to 10 "Essence of Dawning". Great - less "Grinding".
However, even though the Oven is shared among your characters, the Masteworking it does not Transfer to your other characters. So you manually have to Masterwork your Oven for each character. You don't have to bake and deliver gifts to people to masterwork it again, BUT you do manually have to apply the Masterwork it or it uses 15 Essence per item baked!
Not sure if this is Bungle making us waste resource because we didn't do notice that, but it sure "odd" that something I masterworked doesn't transfer to all characters. It would be like masterwoking Witherhoard on your Titan and then when your Warlock goes to use it, you have to Mastework it manually again.
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It should have been apparent to you when you realize you can't craft anymore cookies.