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
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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Question
![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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb316ee90-fd0b-49c4-a128-21e57acd4158%2Fa9c621da-de34-450c-a80d-4b269b2c7de9%2Fhckyow_processed.jpeg&w=3840&q=75)
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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