1. A baker has a contract to bake three dozen chocolate chip cookies for a customers party. Create a bottom-up estimate that includes both items needed for the project and the cost. According to your estimate, how much should the baker charge for the cookies?

2. Using the data below, create a time-phased budget for the project. Show how much the daily and cumula-tive costs for the project are, just as the monthly and cumulative costs are shown in Exhibit 10.9.

3. Using the data below, create a time-phased budget for the project. Show how much the daily and cumulative costs for the project are, just as the monthly and cumulative costs are shown in Exhibit 10.9