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Question - Irene's Kitchen & Catering Service sells three kinds of cakes-single, double, and triple layers. The product mix is 20% single layer, 30% double layer, and 50% triple layer. The bills of material are as follows:
A. Irene's forecast for cakes for the next two months is 20 cakes a day or 960 cakes (20 cakes/day × 24 workdays/month × 2 months). How much cake mix does she need? Do not round intermediate calculations. Round your answer to the nearest whole number.
B. How much butter is needed? Do not round intermediate calculations. Round your answer to the nearest whole number.
C. How many eggs are needed? Do not round intermediate calculations. Round your answer to the nearest whole number.
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In 2019, ABC Company had $700,000 of revenue and $320,000 of operating expense. The company has a 20% Income tax rate. What is the company's profit for.
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