WEEK 6 - PESO MARK-UP

The difference between how much an item costs you, and how much you sell that item for--it's your profit per item.

• Total cost

• Selling price

• Markup

• Purchase cost

All expenses for purchasing ingredients and make the ingredients a food products.

• Total cost

• Selling price

• Markup

• Purchase cost

Defined as the price at which a good or service is sold by the seller to the buyer.

• Total cost

• Selling price

• Unit cost

• Purchase cost

The amount of ingredients or material per unit.

• Total cost

• Selling price

• Unit cost

• Purchase cost

An economic measure that sums all expenses paid to produce a product.

• Total cost

• Selling price

• Unit cost

• Purchase cost