2014 Commencement Production by Team Palmer

2014 Commencement Production by Team Palmer

Congratulations Graduates! Enjoy These Baked Goodies!

List of Items Made for Commencement 2014

Bars, Squares and Cookies
Nanaimo Bars
Coconut Bars
Lemon Bars
Sables - Piped Cookies
Chocolate Spritz Cookies
Cornflakes Crunch
Flans and Custards
Chocolate Mousse
Triamisu
Frangipane
Fruit Tarts
Cakes
Vanilla Chocolate Cake
Red Velvet Cupcakes
Chocolate Cake
Rum Cake
Strawberry Shortcakes
Decorated Cakes
Chocolate Rum Frosting
Roulade
Victoria Sandwich

'Left Over' Solutions! Nothing Goes to Waste!

Cake Pieces	Use in Trifle Make Cake Pops Cake Flavoured Icing and Ice Cream In Tiramisu
Egg Whites	Use in Mirungue Angel Food Cake Souffle Royal Icing For Breakfast foods
Fruit Pieces	Puree Fruit Tarts Decorate Cake Cake Filling Jams and Preserves
Chocolate Shapes	Melt and use as Spread or Icing Decorate a Cake Decorate Fruits, as Dip or Coating Coat Biscuits

Cost of Chocolate Cornflakes Crunch

Ingredients	Purchased Amount	Per g, Kg, lb, oz, etc.	Total Purchase Cost in $	Cost of Amount Used in $
Butter 160 g	40	1 lb	182.06	1.68
Corn Syrup 4 tbsp	2	4 ltrs	22.40	0.16
Chocolate (Dark) 180 g	4	2.5 kgs	72.68	1.31
Chocolate (White) 180 g	4	2.5 kgs	72.68	1.31
Sliced Almonds 90 g	3	1 kg	155.56	4.67
Shredded Coconut 70 g	3	1 kg	34.90	0.81
Corn Flakes 146 g	6	675 g	34.80	1.25
Total			$573.08	$11.19

Price per square: $ 3.73
Price per portion: $ 0.62

Cost of Jam-Filled Butter Biscuits (Sables)

Ingredients	Purchased Amount	Per g, Kg, lb, oz, etc.	Total Purchase Cost in $	Cost of Amount Used in $
Plain Flour 250 g	1	20 kgs	17.46	0.22
Butter 200 g	40	1 lb	186.29	2.08
Icing Sugar 100 g	1	20 kgs	43.27	0.22
Pinch of Salt
Free Range Egg Yolks 2	15	1 dozen	120.45	1.34
Raspberry Jam 4 tbsp	6	1.5 ltrs	26.19	0.17
Apricot Jam 4 tbsp	6	1.5 ltrs	26.19	0.17
Total				$4.20

Price per portion: $ 0.70

5 Benefits or the Importance of Costing in a Food Business

A cost conscious baker running a food business must work out the costs, so as to analyze whether making an item from scratch is cheaper or it can be bought outside at a better price. Some ingredients like fruits have short shelf life, so it is better to work out the cost and buy supplies just to satisfy immediate needs and to avoid wastage but still get them at the right price. Working on the cost of preparation of items helps the owner to set right prices for them. This way customers will be attracted by a good price and the owner will still make a profit to stay in business. Even at times when the food item gets wasted, the loss of the particular item can be calculated by the business owner. In case he decides to give samples, then he knows the amount he is spending as advertisement of his product. A food business owner who engages in costing can easily keep track of his inventory and knows the monetary value of supplies he has at any time. This helps him in deciding what purchases to make in the future and at what cost. With a sound costing system in place, the owner can plan for the next few weeks and months based on the inventory at hand and thus ensure his business runs at a profit. After all Money Matters!