Direction: Solve the problem involving buying and selling of products. Show all your solutions. Problem: Lisa is passionate in baking. She plans to bake cookies at home and to post it online for orders. She plans to sell it by 10 pieces in a pack. She estimates that the materials and ingredients needed for 50 packs of cookies will cost her P2,500.00. She plans to sell each pack of cookies at 50% mark-up based on cost. Since her business will be home-based, she promised to give her mom P 3,000.00 as her share in water, electricity and internet bills every month. Determine the break-even point.

Direction: Solve the problem involving buying and selling of products. Show all your solutions. Problem: Lisa is passionate in baking. She plans to bake cookies at home and to post it online for orders. She plans to sell it by 10 pieces in a pack. She estimates that the materials and ingredients needed for 50 packs of cookies will cost her P2,500.00. She plans to sell each pack of cookies at 50% mark-up based on cost. Since her business will be home-based, she promised to give her mom P 3,000.00 as her share in water, electricity and internet bills every month. Determine the break-even point.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter10: Short-term Decision Making

Section: Chapter Questions

Problem 1TP: Seda Sarkisian makes wedding cakes from her home. A customer has requested two duplicate wedding...

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