Use a hand mixer or stand mixer to mix room-temperature butter, oil, and sugar
1 cup Sugar, ¼ cup Butter, ¼ cup Oil
Add in the applesauce and vanilla extract and mix well. Use a rubber spatula and gently fold in the dry ingredients.
1 cup unsweetened Applesauce, 1 tablespoon Vanilla extract
Lastly, add the chopped pecans and raisins and mix. Do not overmix. Spread the batter in the prepared pan and bake for 30-35 minutes or until an insert comes out clean. Let the cake cool in the pan for 15 minutes, then transfer it to the cooling rack to cool down fully before frosting.
1 cup Pecans, ½ cup Raisins
How To Make The Cream cheese Frosting
Using the whisk attachment, beat the room-temperature butter until it is light in colour, creamy and smooth. This may take about five minutes, so take your time.
½ cup Butter
Add the cream cheese in chunks and beat after each addition.
6 ounce Cream cheese frosting
Add the powdered sugar in ¼ cup each time and beat well. In the end, add vanilla extract.