Hitchum Wedding Cake Company produces customized wedding cakes. Below is the standard cost information for the current period:

Required:
Ms. Staryied orders a 20-pound cake for her upcoming wedding to Mr. Lovsic.
a Calculate the total standard cost for Ms. Staryied’s cake.
b Determine the selling price that Hitchum Wedding Cake Company should charge Ms. Staryied if the company planned to make a 35% gross profit on each cake sold. mkl7

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Direct materials: 2 cups of cake mix per pound of flour. 3 ounces of frosting per pound of flour. Cake mix costs $.80 a cup. Frosting costs $.50 per ounce. Flour costs $.40 per pound. Figure of bride and groom costs $5.00 each. Direct labor 5 pound cake 50 minutes 10 pound cake 70 minutes 15 pound cake 90 minutes