Sarah is opening her own bakery, and she needs help pricing her giant chocolate chip cookies. In order to price her cookies, she first needs to know what the ingredient cost is for each cookie.
The following table provides the list of ingredients used, the cost to purchase the ingredients, and the amount of each ingredient required for a batch of \(12\) cookies.
Ingredient | Cost of Ingredient | Amount per Batch | Cost per Batch |
---|---|---|---|
Brown Sugar | \(\$2.90\) for \(5\) cups | \(1\) cup | |
Eggs | \(\$3.00\) for \(12\) | \(1\) | |
Chocolate Chips | \(\$9.48\) for \(3\) cups | \(\frac{1}{2}\) cup | |
White Sugar | \(\$2.48\) for \(10\) cups | \(\frac{1}{4}\) cup | |
Butter | \(\$4.98\) for \(2\) cups | \(\frac{3}{4}\) cup | |
Flour | \(\$9.00\) for \(40\) cups | \(2\frac{1}{4}\) cup |
Complete the information in the table by finding the cost of each ingredient for one batch of \(12\) giant chocolate chip cookies. Round your answers to the nearest cent.
Rounded to the nearest cent, what is the cost of the ingredients for one giant chocolate chip cookie?
What are some of the other costs that Sarah needs to take into consideration when pricing her cookies?
One way to solve this problem is to find the unit rate for each ingredient, and then multiply the unit rate by the amount per batch for the ingredient to find the cost per batch.
The completed table is below. We have added a column to the table to show the unit rate calculation for each item.
Ingredient | Cost of Ingredient | Unit Rate | Amount per Batch | Cost per Batch |
---|---|---|---|---|
Brown Sugar | \(\$2.90\) for \(5\) cups | \(\frac{2.90}{ 5} = \$0.58\) per cup | \(1\) cup | \(\$0.58\) |
Eggs | \(\$3.00\) for \(12\) | \(\frac{3.00}{ 12} = \$0.25\) per egg | \(1\) | \(\$0.25\) |
Chocolate Chips | \(\$9.48\) for \(3\) cups | \(\frac{9.48}{3} = \$3.16\) per cup | \(\frac{1}{2}\) cup | \(\$1.58\) |
White Sugar | \(\$2.48\) for \(10\) cups | \(\frac{2.48}{10} = \$0.248\) per cup | \(\frac{1}{4}\) cup | \(\$0.06\) |
Butter | \(\$4.98\) for \(2\) cups | \(\frac{4.98}{ 2} = \$2.49\) per cup | \(\frac{3}{4}\) cup | \(\$1.87\) |
Flour | \(\$9.00\) for \(40\) cups | \(\frac{9.00}{ 40} = \$0.225\) per cup | \(2\frac{1}{4}\) cup | \(\$0.51\) |
Note:
To find the cost per batch for the butter, we can use the fact that \(\frac{3}{4}\) is the same as \(3 \times \frac{1}{4}\). Therefore, the cost per batch is \(\$2.49 \times 3 \times \frac{1}{4} \approx \$1.87\).
To find the cost per batch of the flour, we can use the fact that
\(2\frac{1}{4}\) is the same as \(2 + \frac{1}{4}\). Now, we can find the
cost of \(2\) cups of flour and the
cost of \(\frac{1}{4}\) cup of flour,
and then add these costs together.
The cost of \(2\) cups of flour is
\(\$0.225 \times 2 = \$0.45\), and the
cost of \(\frac{1}{4}\) cup of flour is
\(\$0.225\times \frac{1}{4} =
\$0.05625\). Therefore, the total cost of the flour, rounded to
the nearest cent, is \(\$0.51\).
The cost of the ingredients for one giant chocolate chip cookie is equal to the sum of the costs for one batch of \(12\) cookies, divided by \(12\). The total cost for one batch of \(12\) cookies is \[\$0.58 + \$0.25 +\$1.58 +\$0.06+\$1.87+\$0.51= \$4.85\]
Thus, the cost of the ingredients for one cookie is \(\$4.85\div 12 \approx \$0.40\).
Some of the other costs that Sarah needs to take into consideration include labour (if she has other employees), rent (or mortgage), utilities, and equipment.