P/S help me out !

process costing project

for 500 cupcakes

prepare a recipe or detailed cost chart of ALL raw materials and labor involved in the manufacture/producing provision of 500 cupcake project. provide details on all the information pertaining to the basis of estimate. (Basis of Estimate is a tool used in the field of project management by which members of the project team, usually estimators, project managers, or cost analysts, calculate the total cost of the project. Add in all expenses of a project, from labor to materials to administrative costs and other overhead. These calculations formulate a Basis of Estimate which is, when completed, a number that can be used to determine the ability of the firm or company to carry out the project, or used as a tool in competing for a contract bid or otherwise proposing the project to another. prepare a chart indicating the total cost of making the products, also calculate the estimated overhead to be applied provide information explaining how each cost was determined (examples: Internet searches for rental fees for equipment, grocery prices for specific items/ingredients, labor rate charts, consumable supplies (indirect materials) etc.). identify each component and identify it as either Direct Materials (DM Direct Labor (DL) or Overhead (OH).

Thank you.