pete wants to write a business plan for petes pb&j cupcake cart. he needs to identify all expenses…

pete wants to write a business plan for petes pb&j cupcake cart. he needs to identify all expenses associated with making a peanut butter and jelly cupcake for a economics of one unit. what is the most accurate way of determining his expenses? estimate the cost to buy all of the ingredients at the store, and divide that by an estimate of how many cupcakes he can make with that. go through the detailed process of making the cupcake step by step, measuring the ingredients he uses and calculating the cost per ingredient. go online and find a competitors expenses. none of the above

pete wants to write a business plan for petes pb&j cupcake cart. he needs to identify all expenses associated with making a peanut butter and jelly cupcake for a economics of one unit. what is the most accurate way of determining his expenses? estimate the cost to buy all of the ingredients at the store, and divide that by an estimate of how many cupcakes he can make with that. go through the detailed process of making the cupcake step by step, measuring the ingredients he uses and calculating the cost per ingredient. go online and find a competitors expenses. none of the above

Answer

Brief Explanations:

To accurately determine his own expenses for making peanut - butter and jelly cupcakes, Pete should go through the actual process of making them, measure ingredients precisely, and calculate the cost per ingredient. Estimating costs and dividing by an estimated number of cupcakes is less accurate. Using a competitor's expenses may not reflect his exact situation.

Answer:

Go through the detailed process of making the cupcake step by step, measuring the ingredients he uses and calculating the cost per ingredient.