Cost Analysis Granola Let’s say you want to start up a business with your family, selling granola at the farmers’ market……… Cost of ingredients: Oats Bran Oil Honey Cinnamon Vanilla Walnuts Cranberries Raisins 1 cup 1 Tbsp. ½ cup ½ cup 1 tsp. 1 tsp. ½ cup ½ cup ½ cup Calculate the cost for ONE recipe: Oats 3 cups Bran 2 Tbsp. Oil ½ cup Honey ½ cup Cinnamon 2 tsp. Vanilla 2 tsp. Walnuts ½ cup Cranberries ½ cup Raisins ½ cup TOTAL COST .14 .02 .23 .98 .02 .19 .62 .60 .30 ____ ____ ____ ____ ____ ____ ____ ____ ____ ____ 1 recipe will cost $_____. You figure out that you can get 2 gift/sale bags out of 1 recipe so 1 bag will cost $_____. You want to make 25 bags for your first trip to the market. How much will this endeavor cost you for 25 bags? _____ In addition you would have to factor in labor, mileage, $15 fee (per Saturday) and your time at the market (7:00AM – 2:00PM). Maybe selling on line would be more profitable.
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