Question
Alyssa's Custom Cakes currently sells 4 birthday, 1 wedding, and 2 specialty cakes each month for $45, $150, and $100 each, respectively. Alyssa's current multifactor
Alyssa's Custom Cakes currently sells 4 birthday, 1 wedding, and 2 specialty cakes each month for $45, $150, and $100 each, respectively. Alyssa's current multifactor productivity ratio is 1.25.
Part 2 a. Assuming each cake costs the same to make, the average cost to produce a cake is $ enter your response here per cake. (Enter your response rounded to two decimal places.)
Part 3 b. If the cost of labor is $50 per hour (including benefits) and it takes 90 minutes to produce a birthday cake, 240 minutes to produce a wedding cake, and 60 minutes to produce a specialty cake, what is Alyssa's labor productivity ratio in dollars per hour for each type of cake?
Alyssa's labor productivity Ratio for birthday cake $_
Wedding cake per hour $_
and specialty cake Per hour $_
Based on the labor productivity ratio in dollars per hour, the cakes that Alyssa should be trying to sell more of are
birthday
wedding
specialty
d. Based on the given multifactor productivity ratio of
1.25 and the determined average cost to produce a cake, the type of cake that Alyssa should definitely stop selling is
birthday
wedding
specialty
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