SOLUTION: A business owner who processes chicken wants to calculate the total cost and profit. Calculate the total production cost of 100 pieces of longganisa, considering the raw materials

Question 1203942: A business owner who processes chicken wants to calculate the total cost and profit. Calculate the total production cost of 100 pieces of longganisa, considering the raw materials for processing longganisa cost P850, labor costs P25, and the maintenance, rent, and utilities cost per production of P100. If the business owner sells the longganisa for P15 per piece, how much is the profit?
Answer by greenestamps(13214) (Show Source): You can put this solution on YOUR website!

Production cost: P850 + P25 + P100 = ____ (you can do the arithmetic)

Sales (assuming all are sold): 100 * P15 = ____ (you can do the arithmetic)

Profit = sales - production cost = _____ (you can do the arithmetic)

RELATED QUESTIONS
An editor wants to publish a new graphic novel. Before being approved, the publisher... (answered by addingup)

The revenue for a business, as a function of units produced, x, is shown below by R(x).... (answered by Boreal)

c=25h+50 graphed Question? Mary runs a computer repair business. She charges a flat... (answered by Boreal)

An Apple Pie Company knows that the number of pies sold each day varies from day to day. (answered by Theo)

as the owner of a banquet hall, you are in charge of catering a reception. There are two... (answered by stanbon)

Rosalie runs a small catering business. She makes and sells homemade combos of two egg... (answered by ankor@dixie-net.com)

Suppose the demand function for a monopoly's product is P=400-2Q and the average cost... (answered by ElectricPavlov)

The New Howard Bakery wants to make a 60% profit on the cost of its pies. To calculate... (answered by Cromlix,MathTherapy)