Review product cost

Which among the following is the first step?

• Multiply the sum of expenses or total cost by 0.40 if the desired profit is 40%.

• Add all expenses to get the total cost.

• List down the operational expenses like labor cost, transportation, electricity, etc.

• Add the product or profit to the sum of all expenses. This is your selling price.

• List down all the costs of materials that were used in making your product.

Which among the following is the second step?

• Multiply the sum of expenses or total cost by 0.40 if the desired profit is 40%.

• Add all expenses to get the total cost.

• List down the operational expenses like labor cost, transportation, electricity, etc.

• Add the product or profit to the sum of all expenses. This is your selling price.

• List down all the costs of materials that were used in making your product.

Which among the following is the third step?

• Multiply the sum of expenses or total cost by 0.40 if the desired profit is 40%.

• Add all expenses to get the total cost.

• List down the operational expenses like labor cost, transportation, electricity, etc.

• Add the product or profit to the sum of all expenses. This is your selling price.

• List down all the costs of materials that were used in making your product.

Which among the following is the fourth step?

• Multiply the sum of expenses or total cost by 0.40 if the desired profit is 40%.

• Add all expenses to get the total cost.

• List down the operational expenses like labor cost, transportation, electricity, etc.

• Add the product or profit to the sum of all expenses. This is your selling price.

• List down all the costs of materials that were used in making your product.

Which among the following is the fifth step?

• Multiply the sum of expenses or total cost by 0.40 if the desired profit is 40%.

• Add all expenses to get the total cost.

• List down the operational expenses like labor cost, transportation, electricity, etc.

• Add the product or profit to the sum of all expenses. This is your selling price.

• List down all the costs of materials that were used in making your product.

What is the total cost if cost of materials is Php 105, labor is Php15 and overheads is Php15?

• Php 125

• Php 130

• Php 135

• Php 140

What is the total cost if cost of materials is Php 210, labor is Php40 and overheads is Php25?

• Php 225

• Php 235

• Php 265

• Php 275

If the total cost is Php275, what is the expected profit if the profit margin is 40%?

• Php 110

• Php 210

• Php 82.5

• Php 11

If the total cost is Php135, what is the expected profit if the profit margin is 30%?

• Php 45

• Php 4.05

• Php 40.5

• Php 405

If the total cost is Php135 and expected profit is Php40.5, what is the selling price?

• Php 175.5

• Php 504

• Php 170.5

• Php 504.5