Remember it costs $14 to make the cakes and you are selling them for $50 each. If you only spend the 200 hours making the cakes, what was your maximum total profit? It takes 2.5 hours to make each cake
First, we need to calculate how many cakes can be made in 200 hours:
200 hours / 2.5 hours per cake = 80 cakes
Next, we need to calculate the cost of making 80 cakes:
80 cakes * $14 per cake = $1120
Now, we can calculate the revenue from selling 80 cakes:
80 cakes * $50 per cake = $4000
Finally, we can calculate the maximum total profit:
Total profit = Revenue - Cost
Total profit = $4000 - $1120
Total profit = $2880
Therefore, the maximum total profit is $2880.