Exercise 3: Yum Cakes has three products: chocolate cake, vanilla cake, and red velvet cake. The company has two ovens that provides a maximum of 2,300 oven hours per month in total. dritional information are as followie: Required: Calculate the contribution margin per constrained resource and rank the products accordingly. Then prebare a production schedule for the companv Exercise One: Exercise 4: Yum Cake has been approached by Gen Inc. to provide them with readily made dough. They have offered a price of $10 per kilo of dough to the management team at Yum cake. Yum Cake needs 10,000 kilos per month and have the following cost per one kilo of dough. Required: Compute the relevant costs per kilo and the monthly total costs for the company. Recommend whether the companv should accept or reiect the offer by the Gen Inc.. Example 5 Sushi World Restaurant has the following operating expenses on January 201 : For the second quarter of 201, Sushi World Restaurant has the following information: Admin expense will increase by $3,000 in April due to a hiring of a new manager. Salaries expense will remain at $133,100 for the quarter. Due to the expiry of the advertisement contract, the selling expense will decrease in May 201 by $10,000. The company reached an agreement with its utility providers that would decrease its utilities expense starting in April by 20%. Required: Prepare Sushi World Restaurant's operating expense budqet for the second quarter of 201. Direct labour hours used were 1,000 hours with a total direct labour cost of $18,000. Required: Calculate the direct labour price and quantity variances for the sweet shrimp sashimi. Indicate if the variable is favourable (F), unfavourable (U), or none. Exercise 3: Yum Cakes has three products: chocolate cake, vanilla cake, and red velvet cake. The company has two ovens that provides a maximum of 2,300 oven hours per month in total. dritional information are as followie: Required: Calculate the contribution margin per constrained resource and rank the products accordingly. Then prebare a production schedule for the companv Exercise One: Exercise 4: Yum Cake has been approached by Gen Inc. to provide them with readily made dough. They have offered a price of $10 per kilo of dough to the management team at Yum cake. Yum Cake needs 10,000 kilos per month and have the following cost per one kilo of dough. Required: Compute the relevant costs per kilo and the monthly total costs for the company. Recommend whether the companv should accept or reiect the offer by the Gen Inc.. Example 5 Sushi World Restaurant has the following operating expenses on January 201 : For the second quarter of 201, Sushi World Restaurant has the following information: Admin expense will increase by $3,000 in April due to a hiring of a new manager. Salaries expense will remain at $133,100 for the quarter. Due to the expiry of the advertisement contract, the selling expense will decrease in May 201 by $10,000. The company reached an agreement with its utility providers that would decrease its utilities expense starting in April by 20%. Required: Prepare Sushi World Restaurant's operating expense budqet for the second quarter of 201. Direct labour hours used were 1,000 hours with a total direct labour cost of $18,000. Required: Calculate the direct labour price and quantity variances for the sweet shrimp sashimi. Indicate if the variable is favourable (F), unfavourable (U), or none