2. Costing. Using the given information, compute the following: Total Cost Item Inclusion Unit Cost (Php) (Php) 1. Evaporated Milk 1 can 54.00/can 54.00 2. Sugar 1/2 cup 65.00/cup 32.50 86.50 3. Ingredient Cost (IC = 1+2) 4. Processing Cost 69.20 (PC = 20% of IC ) 5. Total Cost (IC+PC) 155.70 6. Breakeven Price (BP = Total Cost/Yield) Yield: 217 grams 7. Selling Price (15% mark-up) = Show your computation here:

2. Costing. Using the given information, compute the following: Total Cost Item Inclusion Unit Cost (Php) (Php) 1. Evaporated Milk 1 can 54.00/can 54.00 2. Sugar 1/2 cup 65.00/cup 32.50 86.50 3. Ingredient Cost (IC = 1+2) 4. Processing Cost 69.20 (PC = 20% of IC ) 5. Total Cost (IC+PC) 155.70 6. Breakeven Price (BP = Total Cost/Yield) Yield: 217 grams 7. Selling Price (15% mark-up) = Show your computation here:

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter7: Production, Costs, And Industry Structure

Section: Chapter Questions

Problem 23RQ: Which costs are measured on per-unit basis: fixed costs, average cost, avenge variable cost,...

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