2. Compute for the selling price for the product Banana Loaf whose total cost is P625.00 which can produce 10 banana loaves given the markup of 60%. (5 Points) 3. Assuming the ingredients and cost below, you are able to make 80 small munchkins and you decide to markup 50% to your product. Calculate for the selling price of the product Munchkins. (10 Points) Ingredients Total Cost 1 Can of Condense Milk 35.00 2 Packs of Graham Crackers P108.00 1/4 Pack Desiccated Coconut ℗ 15.00 1 Pack Japanese Paper P 5.00

2. Compute for the selling price for the product Banana Loaf whose total cost is P625.00 which can produce 10 banana loaves given the markup of 60%. (5 Points) 3. Assuming the ingredients and cost below, you are able to make 80 small munchkins and you decide to markup 50% to your product. Calculate for the selling price of the product Munchkins. (10 Points) Ingredients Total Cost 1 Can of Condense Milk 35.00 2 Packs of Graham Crackers P108.00 1/4 Pack Desiccated Coconut ℗ 15.00 1 Pack Japanese Paper P 5.00

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Q.1. An item sells for $25 a unit, but a 10% discount is offered for lots of 150 units or more. A company uses this item at the rate of 20 units per day. The setup cost for ordering a lot is $50, and the holding cost per unit per day is $.30. The lead time is 12 days. The same item can also be produced in house with its setup cost being $30 and production cost per unit being $20. Should the company purchase the item or produce it in-house?
Aa 56.
8. Underground Food Store has 4,000 pounds of raw beef nearing its expiration date. Each pound has a cost of $4.50. The beef could be sold “as is” for $3.00 per pound to the dog food processing plant, or roasted and sold in the deli. The cost of roasting the beef will be $2.80 per pound, and each pound could be sold for $6.50. PLEASE NOTE: Costs per unit are rounded to two decimal places and shown with "$" and commas as needed (i.e. $1,234.56). 1. What is the incremental sales price per pound? per pound. 2. What is the incremental cost per pound? per pound. 3. Should Underground Food Store sell or process further? . Please note: Your answer is either "Sell" or "Process Further" - capital first letters and no quotes.
We have a best selling sofa on which we have a gross margin of 40%, (meaning that we buy for 60x and sell for a 100x). Delivery cost of this product is 15% thus having a gross profit of 25%. If I apply 10% discount on the sales price, what is the gross profit after this discount?