Scenario It is January 15, 2022. You are not ready to open a brick-and-mortar bakery but you think you can handle catering. During your first month, you received 4 orders. Use the following schedule to determine how much of each raw material you need to use for each dozen cupcakes. It takes you 60 minutes to mix, bake, cool, and ice two dozen cupcakes. You can only cook two dozen cupcakes at one time. Material Unit size Pounds per dozen Selling Price per Cost per pound $ 20.00 Dozen Cupcakes Flour pound 0.5 $ 2.25 Overhead per dozen $ 2.75 Butter pound 0.25 $ 1.15 Units sold 10 Sugar pound 0.5 $ 2.00 Labor cost per hour $ 15.00 Eggs dozen 0.17 $ 1.75 Milk gallon 0.1 $ 2.50 Vanilla gallon 0.25 $ 6.00 Cocoa Powder pound 0.25 $ 4.00 Vanilla Icing pound 0.75 $ 1.25 Chocolate Icing pound 0.75 $ 1.50 Bakery box each 1 $ 0.50 Job #1 Job #2 Job #3 Job #4 Two dozen vanilla cupcakes with white icing. Four dozen chocolate cupcakes with chocolate icing One dozen vanilla cupcakes with chocolate icing Material Cost Material Cost Material Cost Three dozen chocolate cupcakes with vanilla icing Material Cost Flour $ 2.25 Flour Flour Butter $ 0.43 Butter Butter Sugar $ 2.00 Sugar Sugar Eggs $ 0.10 Eggs Eggs Milk Milk Flour Butter Sugar Eggs Milk Vanilla Cocoa Powder Vanilla Icing Bakery Box Labor Overhead Total Cost Customer Price Profit/Loss Chocolate Icing Bakery Box Labor Overhead Total Cost Customer Price Profit/Loss Milk Vanilla Chocolate Icing Bakery Box Labor Overhead Total Cost Customer Price Profit/Loss Cocoa Powder Vanilla Icing Bakery Box Labor Overhead Total Cost Customer Price Profit/Loss