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For example, calculations for one dozen cupcakes would be: Butter =0.25 of a pound X$1.151 dozen cupcakes =$0.29 Labor =0.5 an hour X$15.001 dozen cupcakes

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For example, calculations for one dozen cupcakes would be: Butter =0.25 of a pound X$1.151 dozen cupcakes =$0.29 Labor =0.5 an hour X$15.001 dozen cupcakes =$7.50 Notes: 1. It takes you 30 minutes to mix, bake, cool, and ice one dozen cupcakes. 2. You cannot produce more than one dozen at a time. 3. Labor costs per hour is $15.00. 4. The factory overhead cost per dozen is $2.75. 5. The column titled "Cost per unit size" is the cost of materials per pound, gallon, or dozen. There was an order for a retirement party for 19 vanilla cupcakes with vanilla icing. The customer paid 21.84 for each dozen. Calculate the profit/loss for this job order. Below is a sample table to determine your costs, revenue, and profit/loss

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