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Liam, the manager of the Ice Cream Igloo, has been told that to earn a...

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Accounting

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Liam, the manager of the Ice Cream Igloo, has been told that to earn a reasonable profit she should price her products at 200% of the cost of ingredients. Liam has gathered the following data on the cost of ingredients used to make a banana split The distributor charges $12 for a dozen bananas; each banana split uses one banana. . .Ice cream costs $3.20 per litre; each banana split uses two scoops of ice cream. . One litre of ice cream equals eight scoops of ice cream. Stacy makes her own fruit toppings at a cost of $0.25 per tablespoon; each banana split uses six tablespoons of fruit toppings. Each banana split uses three tablespoons of premium chocolate sauce, which costs S0.25 per tablespoon. . .The cost of other miscellaneous ingredients, such as whipped cream and nuts, totals S0.05 per banana split. Required: a) Calculate the cost of a banana split. b) List two factors that could cause these estimated costs to be inaccurate.*

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