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  • Activity 4 Estimating The Product Cost

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    Liezel Juarez
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    Starbuko Organic Milk Tea is a milk tea made with organic ingredients and specially formulated for Filipinos. It contains tea, water, condensed milk, and a special sweetener. The product costs 27.20 PHP to make per glass but is currently being sold at 25 PHP, resulting in a loss of 2.20 PHP per glass. Adjusting the sale price to 35 PHP would generate a profit of 7.80 PHP per glass. A sample survey of 15 customers gave the product an average rating of 3.9 for quality, 4.0 for taste, and 2.9 for presentation. Most respondents said they were satisfied with the product and would recommend it, with most willing to pay between 16-35 PHP

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    Activity 4 Estimating the Product Cost

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    Starbuko Organic Milk Tea is a milk tea made with organic ingredients and specially formulated for Filipinos. It contains tea, water, condensed milk, and a special sweetener. The product costs 27.20 PHP to make per glass but is currently being sold at 25 PHP, resulting in a loss of 2.20 PHP per glass. Adjusting the sale price to 35 PHP would generate a profit of 7.80 PHP per glass. A sample survey of 15 customers gave the product an average rating of 3.9 for quality, 4.0 for taste, and 2.9 for presentation. Most respondents said they were satisfied with the product and would recommend it, with most willing to pay between 16-35 PHP

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    281 views7 pages

    Activity 4 Estimating The Product Cost

    Uploaded by

    Liezel Juarez
    Starbuko Organic Milk Tea is a milk tea made with organic ingredients and specially formulated for Filipinos. It contains tea, water, condensed milk, and a special sweetener. The product costs 27.20 PHP to make per glass but is currently being sold at 25 PHP, resulting in a loss of 2.20 PHP per glass. Adjusting the sale price to 35 PHP would generate a profit of 7.80 PHP per glass. A sample survey of 15 customers gave the product an average rating of 3.9 for quality, 4.0 for taste, and 2.9 for presentation. Most respondents said they were satisfied with the product and would recommend it, with most willing to pay between 16-35 PHP

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 7

    Product Information

    Product or Service Name: Starbuko Organic Milk Tea


    Company Group Name: Starbuko Foods Corporation
    Product Description: Starbuko Milk Tea is a special milk tea using organic ing
    especially made for Filipinos.

    Ingredients/ Materials: tea, water, condensed milk, ice, special sweetener


    Estimated Sale Price: 25 PHP per cup
    tea using organic ingredients

    special sweetener
    Starbuko Organic Milk Tea
    Cost of Ingredients
    No. Ingredient Price/ Glass
    1 Organic Tea ( 1 sachet) Php 12.00
    2 Pure Drinking Water Php 0.20
    3 Sweetened Condensed Milk Php 13.00
    4 Cup Php 2.00
    Total Php 27.20
    Estimated Price Php 25.00
    Profit Php (2.20)

    Adjusted Sale Price Php 35.00


    Profit Php 7.80
    Sample Survey
    Name:_______________________________________________ Age:______
    Income/day___________________________________________(optional)
    Instructions: Circle the letter of your answer

    1. On scale of 1-5, how would you rate the product's quality?


    a. 1 b. 2 c. 3 d. 4 e. 5
    2. On scale of 1-5, how would you rate the product's taste?
    a. 1 b. 2 c. 3 d. 4 e. 5
    3. On scale 1-5, how would you rate product's presentation?
    a. 1 b. 2 c. 3 d. 4 e. 5
    4. Are you satisfied with the product?
    a. Yes b. No
    6. How much are you willing to pay for this product?
    a. PHP 15 and below
    b. PHP 16-25
    c. PHP 26-35
    d. PHP 36-45
    e. PHP 46-55
    Suggestions or comments:
    ______________________________________________________________
    ______________________________________________________________
    _______ Age:___________
    _______(optional)

    lity?

    e?

    on?

    ________________________
    ________________________
    Survey Results

    In a scale 1-5 YES/ NO Price

    PHP 15 Below
    Recommend?
    Presentation

    PHP 16- 25
    PHP 26-35
    Satisfied?
    Product
    Quality
    Taste
    No. Last Name First Name Age Student/Teacher
    1 Dela Cruz Ninna 16 Student 5 4 3 4 YES YES ü
    2 Magcamit Hyannis 16 Student 4 3 2 5 YES YES ü
    3 Zeta Dia 14 Student 3 4 3 4 YES YES ü
    4 Paras Odeine 14 Student 3 5 3 4 YES YES ü
    5 Del Rosario Vea 17 Student 4 3 3 4 YES YES ü
    6 Antonio Nate 18 Student 2 4 3 4 YES YES ü
    7 Mengullo Jules 26 Student 5 5 3 4 YES YES ü
    8 Low Jesy Claire 43 Teacher 4 4 4 4 YES YES ü
    9 Angeles Emiko 43 Teacher 5 3 2 4 NO YES ü
    10 Binondo Patricia 42 Teacher 3 4 3 5 YES YES ü
    11 Eptison Christine 44 Teacher 5 5 3 5 YES YES ü
    12 Sta. Maria Julia 14 Student 4 4 3 5 YES YES ü
    13 Espela Bea 15 Student 3 5 3 5 YES YES
    14 Hilario Suzie 15 Student 5 4 3 5 YES YES ü
    15 Lapiz Adrian 57 Teacher 4 4 3 5 YES YES

    Criteria Average
    Quality 3.9333333333
    Taste 4.0666666667
    Presentation 2.9333333333
    Product 4.4666666667

    Criteria YES/ NO
    Satisfied? 14
    Recommend 15

    Quality
    Teacher 4.2
    Student 3.8
    Price

    ü
    PHP 36-45

    ü
    PHP 46- 55

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