Yes it will.  Please refer to the batch output on the Quikrete bag.  Quikretes Concrete Mix yields about .15 cubic feet for every 20 pounds of mix, so an 80-pound bag yields .60 cubic feet.  The batch output on the 1126608 Imer Minuteman is 2.5 cu ft.  That would be approximately 4 bags of Quikrete 80 pound bags.