Please explain the step so I can understand.   Gobblecakes is a bakery that specializes in cupcakes. The annual fixed cost to make cupcakes is $18,000. The variable cost including ingredients and labor to make a cupcake is $0.90. The bakery sells cupcakes for $3.20 apiece.   (a). If the bakery sells 12,000 cupcakes annually, determine the total cost, total revenue, and          profit.   (b). How many cupcakes will the bakery need to sell in order to break even?

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Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.