This question is based on Problem 4-25 in the text. An Excel worksheet has...
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Accounting
This question is based on Problem 4-25 in the text. An Excel worksheet has been provided for you to use. The problem deals with an Honorary Business Fraternity preparing for a bake sale at the football game. They need to decide how many batches of cakes, cupcakes, and cookies to prepare. The information is summarized below. All units are reported on a per-batch basis. The fraternity's objective is to maximize revenue. The spreadsheet provided does not have a formula entered for the objective function. You'll need to enter the formula yourself. Increase the price of a batch of cupcakes by $157, and determine the optimal solution. What will the new revenue be at the optimal solution

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