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    1. The document is a mathematics worksheet from San Francisco High School that contains 3 problems related to calculating profit and loss. 2. The first problem involves calculating the margin, markup, and profit from buying and selling a perfume. 3. The second problem requires calculating the break-even point in units and pesos for a commodity with given unit price, variable cost, and fixed cost. 4. The third problem provides income statement data for a company and requires calculating costs of sales, gross profit, markup, operating expenses, net profit, and preparing an income statement.

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    1. The document is a mathematics worksheet from San Francisco High School that contains 3 problems related to calculating profit and loss. 2. The first problem involves calculating the margin, markup, and profit from buying and selling a perfume. 3. The second problem requires calculating the break-even point in units and pesos for a commodity with given unit price, variable cost, and fixed cost. 4. The third problem provides income statement data for a company and requires calculating costs of sales, gross profit, markup, operating expenses, net profit, and preparing an income statement.

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    © All Rights Reserved
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    10 views3 pages

    Ws 5 Busmath

    Uploaded by

    keisfujinomiya
    1. The document is a mathematics worksheet from San Francisco High School that contains 3 problems related to calculating profit and loss. 2. The first problem involves calculating the margin, markup, and profit from buying and selling a perfume. 3. The second problem requires calculating the break-even point in units and pesos for a commodity with given unit price, variable cost, and fixed cost. 4. The third problem provides income statement data for a company and requires calculating costs of sales, gross profit, markup, operating expenses, net profit, and preparing an income statement.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 3

    SAN FRANCISCO HIGH SCHOOL

    Misamis St., Brgy. Sto. Cristo, Quezon City

    Business Mathematics S.Y. 2023-2024


    25
    Score
    WORKSHEET # 5: Profit or Loss
    Leader: Strand-Section: 11 ABM - Emilio Yap

    Salazar, Faith Nicole, C. Group #: 5 Date: October 23, 2023

    Members:

    Rosales, Hazel Tingco, Nicole, E.

    Saporna, Rain, M. Vinculado, Dandae Rhovhic

    Objective: At the end of the lesson the learners are able to:

    1. Illustrate how to compute for profit and loss;


    2. Prepare a simple income statement for a trading firm; and
    3. Compute for break-even points.

    Solve the following problems:

    1. Carmen does buy and sell. She bought a perfume for P450.00. She sold it for
    P600.00.

    a. How much was her margin? What was the rate of her margin?

    Answer: P150 ; 25%.

    b. What was the markup based on cost?

    Answer: 33.33%.

    c. How much profit did she earn?

    Answer: P150.

    Remark/s:______________________________________________________________________________

    G11_ABM_1st Semester_1st Quarter Prepared by: M/G/N


    SAN FRANCISCO HIGH SCHOOL
    Misamis St., Brgy. Sto. Cristo, Quezon City

    Business Mathematics S.Y. 2023-2024

    2. Find the break-even point in units and in pesos given that the unit price of a certain
    commodity is P15.00, its variable cost is P5.00 and the total fixed cost is P12
    000.00.

    Solution: Calculation: Answers:

    Given:
    x = FC / P – v 1 200 units
    P = P15.00
    x = 12 000 / 15 – 5
    V = P5.00
    x = 12 000 / 10
    FC = P12 000.00
    x = 1 200
    Find: P 18 000
    BEP in pesos = BEP in
    Units × P
    BEP in units
    BEP in pesos
    BEP in pesos = 1 200 × 15
    BEP in pesos = 18 000

    3. You are given the following data for the Summit Marketing Co. as January 31, 2010:

    sales P127 500.00


    purchase (merchandise) P57 000.00
    freight-in P5 000.00
    taxes and licenses P900.00
    communication expense P300.00
    heat, light, and water P1 240.00
    store supplies expense P1 180.00
    office supplies expense P730.00
    miscellaneous Expenses P2 090.00

    a. How much is the cost of sales? What percent is it of the sales?


    Answer: P62 000; 48.63%.

    b. What is the margin or gross profit? How much is it?


    Answer: P65 500.

    G11_ABM_1st Semester_1st Quarter Prepared by: M/G/N


    SAN FRANCISCO HIGH SCHOOL
    Misamis St., Brgy. Sto. Cristo, Quezon City

    Business Mathematics S.Y. 2023-2024

    c. What is the markup based on cost?


    Answer: 114.91%.

    d. How much is the operating expense? What percent is it of sales?


    Answer: P6 440; 5.05%.

    e. How much is the net profit? What percent is it of sales?


    Answer: P59 060; 46.32%.

    f. Prepare an income statement

    Summit Marketing Co.


    Income Statement
    For the Year Ended January 31, 2023

    Sales P127 500.00


    Less: Cost of Sales P62 500.00
    Gross Profit P65 500.00
    Less: Operating Expenses
    Taxes and Licenses P900.00
    Communication Expense P300.00
    Heat, Light, and Water P1 240.00
    Store Supplies Expense P1 180.00
    Office Supplies Expense P730.00
    Miscellaneous Expenses P2 090.00 P6 440.00

    Net Profit P59 060.00

    Scoring: Raw Score


    Item 1 - 4 pts

    Reference: Item 2 - 7 pts


    Item 3 - 14 pts
    Business Mathematics
    Revised Edition Total – 25 pts
    Norma D. Lopez-Mariano

    G11_ABM_1st Semester_1st Quarter Prepared by: M/G/N

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