Measuring Ingredients Correctly: LESSON 3: Measuring Recipe and Product Costing
Measuring Ingredients Correctly: LESSON 3: Measuring Recipe and Product Costing
Measuring Ingredients Correctly: LESSON 3: Measuring Recipe and Product Costing
MEASURING INGREDIENTS
CORRECTLY
PREPARED BY: MS. CATRINA EBOL
LESSON 3: Measuring Recipe And Product Costing
CALCULATING
COST OF PRODUCTION
LESSON 3: Measuring Recipe And Product Costing
PRODUCTION
Is The Process Of Manufacturing Raw
Materials For Consumption.
LESSON 3: Measuring Recipe And Product Costing
TECHNICAL TERMS
MARK DOWN
RETAIL PRICE
VENDOR
LESSON 3: Measuring Recipe And Product Costing
EXPENSES
is the amount of money that a vendor sets for
the item or product for sale. Pricing of goods is
affected by the law of supply and
LESSON 3: Measuring Recipe And Product Costing
MARKUP
is the difference between the expenses of the
items to be sold and the selling price.
MARKUP PERCENTAGE
is used to Determine the selling price of
finished products.
LESSON 3: Measuring Recipe And Product Costing
SELLING PRICE
is the amount that a vendor sets in exchange for
his or her products or goods.
LESSON 3: Measuring Recipe And Product Costing
____Markup___
Markup % = Production cost
__PHP 30.00__
Markup % =
PHP 150.00
=0.20 OR 20%
Suppose you, a vendor want to compute the selling price of a polvoron. When the total
expenses in preparing 60 pieces of polvoron is PHP 150. You want a 20 % markup
percentage.
SP= TE + % TE
Y
Suppose you, a vendor want to compute the selling price of a polvoron. When the total
expenses in preparing 60 pieces of polvoron is PHP 150. You want a 20 % markup
percentage.