This document provides instructions for an assignment analyzing Babycakes, a specialty bakery. Students are asked to: 1) Discuss how a budget would benefit Babycakes compared to no budget, 2) Prepare a sales budget for Babycakes' LA store for Q4 2016, 3) Create and estimate sales for 3 new holiday products, 4) Explain how a flexible budget addresses issues in a static budget, 5) Discuss corrective actions for overspending, and 6) Incorporate 3 academic sources, excluding the textbook. The assignment requires a 3-4 page paper in APA format and will be graded on response quality, logic, and organization.