A.

Production Cost

1. Production cost of BEEF per Unit

Direct Materials:
Beef P60 per ¼ kilo / 11 units P 5.45
Ginger P10 (2 pieces) / 11 units 0.9

Garlic P5 (1 piece) / 11 units 0.45

Shallots P10 (8 pieces -3 days) / 11 units 0.24
Dried Chilies P5 (1 pack – 3 days) / 11 units 0.45
Oil P13 ( ¼ pack) / 11 units 0.39
Lemongrass P5 (4 pieces) / 11 units 0.45
Coconut P20 (1 piece) / 11 units 1.81
Disposable gloves P20 (per pack) / 11 (pieces 1.81
Disposable plastic spork P16 (per pack) / 11 (pieces) 1.45
Banana Leaf 1.22
Total: 15.46 per unit
13.67
2. Production cost of CHICKEN per Unit

Direct Materials:
Chicken P40 per ¼ kilo / 9 units P 4.44
White scallions (palapa) P10 (8 pieces – 3 days) / 9 units 0.37
Dried Chilies P5 (1 pack 2 days) / 9 units 0.28
Bell pepper P5 ( 1 piece ) / 9 units 0.56
Coconut P20 (1 piece) / 9 units 2.22
Turmeric powder P5 (1 pack) / 9 units 0.56
Disposable gloves P20 (per pack) / 9 (pieces 2.22
Disposable plastic spork P16 (per pack) / 9 (pieces) 1.78
 Banana Leaf 1.22
Total: 13.09 per
unit
11.19

3. Production cost of KIMCHI per Unit

Direct Materials:
Cabbage P80 per piece / 20 units P 5.33
Ginger P10 (2 pieces) / 20 units 0.67

Garlic P5 (1 piece) / 20 units 0.33

Shallots P10 (3 pieces) / 20 units 0.67
Dried Chilies P5 (1 pack) / 20 units 0.33
Korean chili powder (1 container)/ 20 units 8.53
Raddish P45 per pack / 20 units 3.00

Rice P120 (3 kilo) / 20 units 6.00

Total: 24.86 per unit
TOTAL direct material 53.41
Direct Labor .71 (per minute) * 5 minutes 3.55 per unit
Factory overhead:
Salt P90 ( 3 kg) 0.20 per unit (1 mo.)
Sugar P120 ( 2 kg)/31 units 0.17 per unit (for 1 mo.)
Rent, Water, Electricity P5000/mo. 10.87 per unit (1 mo.)
Gasol P800/mo. 0.43 per unit
11.67 per unit

Beef Kimchi
Mark-up. 55-44.35= 10.65 Gross profit
 10.65/44.35=0.2401x100=24.01% or 24% (mark-up %)
Selling price. 44.35+ (44.35x 24%) =55

Chicken Kimchi
Mark-up. 55-39,5= 15.5 Gross profit
15.5/39.5=0.3924x100=39.24% or 39% (mark-up %)
Selling price. 39.5+ (39.5x39%) =59

November 20 December 17 January 18 February 23

days days days days

Direct Materials 21,364 19975.34 23073.12 31939.18

Direct Labor 1420 1327.7 1533.6 2122.9

Factory 4668 4203.76 4855.68 6721.52
overhead

Total Cost of 27,452

Goods Sold
25,507 29462.4 40783.6