Question: Alyssa’s Custom Cakes currently sells 5 birthday, 2 wedding, and 3 specialty cakes each month for $50, $150, and $100 each, respectively. The cost of labor is $50 per hour including benefits. It takes 90 minutes to produce a birth- day cake, 240 minutes to produce a wedding cake, and 60 minutes to produce a specialty cake. Alyssa’s current . multifactor productivity ratio is 1.25.

1. Assuming each cake costs the same to make, what is the average cost to produce a cake?
2. Calculate Alyssa’s labor productivity ratio in dollars per hour for each type of cake.
3. Based solely on the labor productivity ratio, which cake should Alyssa try to sell the most?
4. Based on your answer in part (a), is there a type 'of cake Alyssa should stop selling? .

Price: $2.99

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Deliverable: Word Document