sity X C CengageNOWv2 | Online teaching and learning resource from Cen. Homepage - Loyola Marymount University 121 2. BE. 11.02 - Spring 2022 - Managerial Accounting (MBAP-6120-_ CengageNOWv2 | Online teaching and learning resource from Cengage Learning v2.cengagenow.com Eastwood Cake Factory sells chocolate cakes, birthday cakes, and specialty cakes. The factory is experiencing a bottleneck and is trying to determine which cake is most profitable. Even though Eastwood may have to limit its orders, it is concerned about customer service and satisfaction. Chocolate Cake Birthday Cake Specialty Cake Sales price $20.00 $45.00 $60.00 Variable cost per cake $5.00 $12.00 $20.00 Hours needed to bake, frost, and decorate 1 hour 2.5 hours 2 hours a. Compute the contribution margin per hour per cake. If required, round your answers to two decimal places. Chocolate cake Birthday cake Specialty cake b. Determine which cakes the company should try to sell more of first, second, and then last. 1st: 2nd: 3rd