Calculate Cost of Production

Calculate Cost of Production

8th Grade

5 Qs

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Calculate Cost of Production

Calculate Cost of Production

Assessment

Quiz

Instructional Technology

8th Grade

Practice Problem

Medium

Created by

Rhea Valenzuela

Used 7+ times

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It refers to the total amount spent in the production of food.

Purchase cost

Buying price

Peso mark up

Total cost of production

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is your financial gain

a. selling price

b. purchase cost

c. mark up

d. buying cost

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much is your peso mark up cupcake if the buying price is 20.00 and the selling price is 25.00?

a. 45.00

b. 35.00

c. 5.00

d. 10.00

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount that a vendor sets in exchange for his or her products or goods

Peso mark up

Selling price

mark up

Buying price

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The process of maufacturing raw materials from consumption.

a. Cost

b. Price

c. Production

d. Mark up