Disadvantage of Cost Principle The Cost Accounting Concept does not reflect the real value of as a the current market. By using this concept, the users will get confusing espe ly when the market value of assets or liabilities are significantly different original costs. D Learning Task No. 1: Complete the following table. Peso Mark Up Percentag (Php) Items Purchas e Selling price cost/buying (Php) price (Php) mark up 1. bibingka 2. cupcake 5.00 7.00 8.00 11.00 3. turon 10.00 14.00 4. hotcake 15.00 20.00

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Disadvantage of Cost Principle
he Cost Accounting Concept does not reflect the real value of assets
n the current market. By using this concept, the users will get confusing espec
ty when the market value of assets or liabilities are significantly different 1
original costs.
Learning Task No. 1: Complete the following table.
Purchas e Selling price
cost/buying (Php)
price (Php)
Peso Mark Up Percentage
(Php)
Items
mark up
1. bibingka
5.00
7.00
11.00
2. cupcake
8.00
3. turon
10.00
14.00
4. hotcake
15.00
20.00
E
Learning Task No. 2: Write down five (5) advantages and disadvantages of
Transcribed Image Text:Disadvantage of Cost Principle he Cost Accounting Concept does not reflect the real value of assets n the current market. By using this concept, the users will get confusing espec ty when the market value of assets or liabilities are significantly different 1 original costs. Learning Task No. 1: Complete the following table. Purchas e Selling price cost/buying (Php) price (Php) Peso Mark Up Percentage (Php) Items mark up 1. bibingka 5.00 7.00 11.00 2. cupcake 8.00 3. turon 10.00 14.00 4. hotcake 15.00 20.00 E Learning Task No. 2: Write down five (5) advantages and disadvantages of
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