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  • Adbullah - Definitions and Concepts

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    haya mazing
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    This document contains the work of a student named Abdullah for a Management Science class. It details three calculations related to the profits and sales of ChizMiz, a company that sells signature cheesecake. The first calculation defines the profit equation as Profit = Sales - Cost of Sales. The second calculates that 300 boxes of cheesecake were sold by finding the difference between beginning and ending inventory. The third substitutes 300 boxes for x in the profit equation to find that the total profit was P34,500.

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    This document contains the work of a student named Abdullah for a Management Science class. It details three calculations related to the profits and sales of ChizMiz, a company that sells signature cheesecake. The first calculation defines the profit equation as Profit = Sales - Cost of Sales. The second calculates that 300 boxes of cheesecake were sold by finding the difference between beginning and ending inventory. The third substitutes 300 boxes for x in the profit equation to find that the total profit was P34,500.

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    © All Rights Reserved
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    58 views1 page

    Adbullah - Definitions and Concepts

    Uploaded by

    haya mazing
    This document contains the work of a student named Abdullah for a Management Science class. It details three calculations related to the profits and sales of ChizMiz, a company that sells signature cheesecake. The first calculation defines the profit equation as Profit = Sales - Cost of Sales. The second calculates that 300 boxes of cheesecake were sold by finding the difference between beginning and ending inventory. The third substitutes 300 boxes for x in the profit equation to find that the total profit was P34,500.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    Name: Abdullah, Sitte Haya A. Professor: Mr.

    Zoren Gubalane
    Section: BSA - 1C Subject: Management Science

    HANDS ON ACTIVITY 1: DEFINITIONS AND CONCEPTS

    1. ChizMiz sells its signature cheesecake product at P225 per box with a product
    cost of P110 per box. Complete the Z equation below:
    Profit = Sales - Cost of sales
    Z = 225 x - 110 x
    Z = 115x

    2. ChizMiz's beginning inventory of signature cheesecake was 350 boxes while the
    ending inventory recorded 50 boxes. How many boxes of cheesecakes were sold?
    Cost of goods sold = Beginning inventory - Ending inventory
    Cost of goods sold = 350 - 50
    Cost of goods sold = 300

    3. Illustrate the value of Z to determine the profit for the period by substituting the
    value of X in the original equation:
    Z = 225 (300) - 110 (300)
    Z = 67,500 - 33,000
    Z = 34,500

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