To find the cost of the flour for each cake, we can follow these steps:
1. Calculate the cost per quarter cup of flour:
Cost per quarter cup = Cost of the 10-pound bag / Number of quarter cup servings
Cost per quarter cup = $8.79 / 152
Cost per quarter cup ≈ $0.0579
2. Convert the amount of flour used for one cake to quarter cups:
3 3/4 cups = 15 quarter cups
3. Find the total cost of the flour for 10 cakes:
Total cost = Cost per quarter cup * Quarter cups per cake * Number of cakes
Total cost ≈ $0.0579 * 15 * 10
Total cost ≈ $8.685
4. Round the total cost to the nearest cent:
Total cost ≈ $8.69
Therefore, the cost of the flour for each cake, rounded to the nearest cent, is approximately $8.69.