LM-Household Services Grade 10

10
Quarter 1 – Module 2
Household Services
 LM-Household Services Grade 10

10
Household Services
First Quarter – Module 2

Lesson 2: Determining Food Quantity and Right Food Prices

Prepared by: Ganjet C. Castillon

Labogon National High School
 LM-Household Services Grade 10

How to Use this Learner’s Material

Here are some reminders on how to use this material.

1. Answer the diagnostic assessment before you proceed to the different

activities. The diagnostic assessment determines how much you know
about the lessons and identifies the areas you ought to learn more.
Your teacher will check and analyze your score to determine your
learning needs.

2. This learner’s material contains relevant information and activities. Go

over each activity carefully. If you encounter difficulties, do not hesitate
to consult your teacher for assistance. Do not skip any topic unless you
are told to do so. REMEMBER that each activity is a preparation for
the succeeding activities.

3. For every lesson/learning outcomes, perform the enhancement

activities to enrich the knowledge and skills.

4. After you successfully finished the tasks, answer the post-test to be

given by your teacher. Your score will be analyzed and will be used by
your teacher for the computation of your grades.
 LM-Household Services Grade 10

LEARNING COMPETENCY:

Prepare Ingredients According to Recipe

Lesson 2:
Determining Food Quantity and Right Food Prices

Planning food for the family gives both fun and excitement. It is a rewarding
activity when members of the family appreciate and enjoy the food that you prepare
for them. So it is a challenge for you to think and decide in advance the preparation
of food intended for a certain period of time which can satisfy their food needs.

Providing varieties of food with nutritious content for family satisfaction and
spending money wisely are some of the factors to consider in planning the food
systematically.

The secret of getting the constant good taste of food is in the correct
measurement of ingredients. Hence, it is a must that one should clearly and
effectively understand the standard units of measurement, equivalents and its
possible substitute ingredients for a certain recipe. Knowing the exact measurement
of ingredients will greatly help you determine the cost of your food and how much
you can spend for it.

Sometimes ingredients are available in the packaging. You just need to

know the equivalent units of measurement in the different measuring systems, such
as the English and metric system. Exact measurement of ingredients is very
important in the kitchen. The accuracy of the measurements done guarantees
success in cooking a recipe and thus saves family budget.
 LM-Household Services Grade 10

Objectives:

At the end of the lesson, you should be able to:

1. know the appropriate prices for your food

2. calculate food costs for a new menu
3. appreciate the benefits of food costing

TASK # 1:
Let us determine how much you already know. Take this test.
Complete the following table.

Purchase Percentage
Items cost/buying Selling price Peso markup mark
price up
Bibingka 5.00 7.00

Banana Cue 7.00 10.00

Yema 3.00 4.00

Chicharon 25.00 35.00

Pop Corn 10.00 15.00

 LM-Household Services Grade 10

TASK # 2: WORD SEARCH

Directions: Find words in the puzzle that will reveal the different terminologies in
calculating markup percentage. Use LINE for your answer. Then, write the
terminologies on the table and share your idea/s or knowledge about it.

P P S E B N C J Q F C D J C R
H U U I U U D O A K L J Y Q O Terminologies Idea/s
D Y K R Y Y Y M Y E D A P X Q
Ex. SHE woman, girl, female
P V J R C F L I I Y N L V Q W
H Y J R A H B Y N A F F M Y H
T B D E Z M A W O G T X G C E
R D E D T H L S I O P C Y I W
G O Q A B I Q B E W N R O C N
N Y C J I Q X L Z C I G I T N
S H Y Y P M H Q Q F O R X C U
F O O D C O S T I N G S H E E
S E L L I N G P R I C E T T S
F K C Q Z V Y G A L B B I O U
W A E C Q Y A X I S Q G V R L
R G V J K X I O Z X K M W M N

Self-Study:

Food costing is an exact science and must be done precisely in order to determine
the right menu.

Yield refers to the number of servings that are generated by a recipe.

Markup is the difference between how much an item costs you, and how much you
sell that item for--it's your profit per item. Any person working in business or retail
will find the skill of being able to calculate markup percentage very valuable.

The selling price of a product or service is the seller’s final price.

 LM-Household Services Grade 10

Buying price or purchase price/cost is the price an investor pays for an

investment, and the price becomes the investor’s cost basis for calculating gain or
loss when selling the investment.

How to Calculate Markup Percentage

Instructions:

1. Calculate your peso markup. This is done by subtracting your buying price
from your selling price.

Example:
Selling price 15.00
Purchase cost/buying price - 10.00
Peso markup 5.00

2. Decide whether you want to calculate your percentage markup based on

cost or selling price. Once you choose which you will be using to
calculate, it is important you stick to the method you choose throughout
all your calculations, or you will end up with faulty data. If you decide to
calculate your percent markup based on selling price, go on step 4.

3. Calculate percent markup based on cost. This is done by dividing the

peso markup by the cost.

Example:
Peso markup 5.00
Purchase cost/buying price ÷ 10.00
Percentage markup .5 or 50%

4. Calculate your percent markup based on selling price. This is done by

dividing the peso markup by the selling price.

Example:
Peso markup 5.00
Selling price ÷ 15.00
Percentage mark up .33 or 33%

5. Make sure you consistently use either cost of the product or selling price
to find the percent markup on an item. Even though the cost, selling price,
and peso markup will always be the same, the percentage markup will be
drastically different depending if you calculate it using selling price or cost.
Using selling price will give you a lower percentage markup (assuming you
are making a profit), while using cost will give you a higher percentage
markup.
 LM-Household Services Grade 10

Reminders:

Why is calculating food cost percentage important?

It gives you the ability to create your own custom menu items and
determine the ideal price for them. It is also important because keeping a
close eye on and optimizing food cost percentage can help you achieve
maximum profit.

TASK # 3

Given the following recipe and its estimated cost, compute for the total
purchase cost and impose a 50% mark up to determine the selling price of your
product. Yield = 24 servings

Unit Cost Total Peso Selling

Item Cost Markup Price per serving
2 K Chicken 115.00/kilo
1 head of garlic 50.00/kilo
20 pcs./kilo
4 Tbsp soy sauce 15.00/bottle
Approx. 32T xxxxxxxx xxxxxxxxxxxxxxxx
1 tsp ground black 1.00/small pack
pepper ½ t/pack
½ cup vinegar 12.00/bottle
Approx. 2
C/bottle
2 Tbsp cooking oil 40.00/bottle
Approx. 32T
TOTAL

Selling price = Total cost + Peso markup

No. of yield

Selling price = ________________

 LM-Household Services Grade 10

Task # 4: ESSENTIAL QUESTIONS

Directions: Read and study the following questions below. Write your
answers on the space provide for.

1. What do you think are the benefits of food costing?

________________________________________________________________

________________________________________________________________

________________________________________________________________

2. Why is calculating food cost percentage important?

_______________________________________________________________

________________________________________________________________

________________________________________________________________

Complete the statement below.

I have learned that ________________ ________________ ______.

I have realized that ________________ _________________ _____.

I will apply _____________ _________________ _______________.

 LM-Household Services Grade 10

Glossary
The following terms used in this module are defined as follows:

Markup Markup is the difference between how much an item costs

you, and how much you sell that item for--it's your profit
per item.
Yield Yield refers to the number of servings that are generated
by a particular recipe
Food costing Food costing is an exact science and must be done
precisely in order to determine the right menu
Selling Price The selling price of a product or service is the seller’s final
price
Buying price Buying price or purchase price/cost is the price an
or purchase investor pays for an investment, and the price becomes the
price/cost investor’s cost basis for calculating gain or loss when selling
the investment.

References
The K to 12 Basic Education Program; Technology and Livelihood Education Home
Economics 10, Learner’s Materials, p. 59

The K to 12 Basic Education Program; Technology and Livelihood Education Home

Economics 7, Learner’s Materials, pp. 49-51

Online Sources

https://www.investopedia.com/terms/p/purchaseprice.asp

http://puzzlemaker.discoveryeducation.com/

https://pos.toasttab.com/blog/how-to-calculate-food-cost-percentage

www.reference.com

fnbreport.ph

www.investopedia.com

marketbusinessnews.com

bitmoji.com