2 3 Cost per chocolate chip cookie Amount of cookies that will crack and be discarded 6 Markup on cost 7 Total number of cookies produced 8 45 CO Angie's Bake Shop makes birthday chocolate chip cookies that cost $1.50 each. Angie expects that 16% of the cookies will crack and be discarded. Angie wants a 55% markup on cost and produces 400 cookies. Required: Using the information given above, answer the following questions: B $ 1. What is the total amount of sales? 15 2. How many sellable cookies will Angie have after discarding the defective cookies? 16 3. How should Angie price each cookie? 1.50 16% 55% 400 9 10 11 12 Note: Use cells A4 to B7 from the given information to complete this question. 13 14

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