Question: Stan is going to open a cupcake shop called Stan's Cupcakery in Montana. He found a great location that rents for only $5,061 per month.

Stan is going to open a cupcake shop called Stan's Cupcakery

Stan is going to open a cupcake shop called Stan's Cupcakery in Montana. He found a great location that rents for only $5,061 per month. He will need to pay $21,987 to buy tables and chairs and all the necessary bakery equipment. He is going to price his cupcakes at $5 each. It will cost him $0.53 for ingredients and paper products for each cupcake sold. What is his unit contribution? Round to the nearest two decimals (0.00)

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