Baking Brothers

Last updated about 3 years ago

4 questions

Baking Brothers 
 
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Part A:  The cost of some items the brothers bake changes with the seasons. Use this information to find the gross profit margin for two sweet treats in different seasons. Round answers to the nearest cent or tenth.

Shane and Nigel’s recipe for sweet potato pie calls for 1.5 lbs of sweet potatoes. The other ingredients are staples that cost $10.52 year-round. Use this information to complete the chart in the Show Your Work Section.

The brothers’ strawberry cake recipe calls for 0.5 lbs of strawberries. The other ingredients are staples that cost $12.32 year-round. Use this information to complete the chart in the Show Your Work Section.

Baking Brothers

Baking Brothers

Shane and Nigel’s recipe for sweet potato pie calls for 1.5 lbs of sweet potatoes. The other ingredients are staples that cost $10.52 year-round. Use this information to complete the chart in the Show Your Work Section.

The brothers’ strawberry cake recipe calls for 0.5 lbs of strawberries. The other ingredients are staples that cost $12.32 year-round. Use this information to complete the chart in the Show Your Work Section.

What would the winter gross profit margin of the strawberry cake be if they didn’t raise its price?

Gross profit margin compares the COGS to the sales price. What expenses are not factored in here? Explain.