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It is January 15,2022 . You are not ready to open a brick-and-mortar bakery but you think you can handle catering. You received quite a
It is January 15,2022 . You are not ready to open a brick-and-mortar bakery but you think you can handle catering. You received quite a few orders during the first month. Use the following schedule to determine costs, revenue, and profit/loss in the following questions. Round your answers to 2 decimal points. Additional assumptions are below the table. 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 birthday party for 61 chocolate cupcakes with chocolate icing. The customer paid 16.42 for each dozen. Calculate the profit/loss for this job order. Below is a sample
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