You are not ready to open a brick-and-mortar bakery but you think you can handle catering. You have received your first 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 and you pay yourself $15 per hour. You can only cook two dozen cupcakes at one time. You have also determined that your overhead per dozen is $2.75. You charge $17.00 for each dozen. Selling Price per Material Unit size Pounds per dozen Cost per pound $17 Dozen Cupcakes Flour pound 0.5 $ 2.50 Butter pound 0.25 $ 1.00 Sugar pound 0.5 S 2.00 Eggs dozen 0.17 $ 2.00 Milk gallon 0.1 Vanilla gallon 0.25 SS $ 3.00 $ 6.00 Cocoa Powder pound 0.25 $ 4.00 Vanilla Icing pound 0.75 $ 1.50 Chocolate Icing pound 0.75 $ 1.50 Bakery box each 1 S 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 Three dozen chocolate cupcakes with vanilla icing Material Cost Material Cost Material Cost Flour Flour Flour Butter Butter Butter Sugar Sugar Sugar Eggs Eggs Eggs Milk Milk Milk Material Flour Butter Sugar Eggs Milk Cost Vanilla Cocoa Powder Vanilla Cocoa Powder