Henrique Correa's bakery prepares all its cakes between 4 A. M.and 6 A. M.so they will be fresh when customers arrive. Day-old cakes are virtually always sold, but at a 50% discount off the regular $ price. The cost of baking a cake is $, and demand is estimated to be normally distributed, with a mean of and a standard deviation of . What is the optimal stocking level? Refer to the standard normal tableLOADING... for z-values. The optimal stocking level for the bakery is nothing cakes (round your response to the nearest whole number).

Engberg company installs lawn sod in home yards. the company’s most recent monthly contribution format income statement follows: amount percent of sales sales $ 80,000 100% variable expenses 32,000 40% contribution margin 48,000 60% fixed expenses 38,000 net operating income $ 10,000 required: 1. compute the company’s degree of operating leverage. (round your answer to 1 decimal place.) 2. using the degree of operating leverage, estimate the impact on net operating income of a 5% increase in sales. (do not round intermediate calculations.) 3. construct a new contribution format income statement for the company assuming a 5% increase in sales.