TLE Exploratory

1. CALCULATE COST OF
PRODUCTION
TLE 8 – Commercial Cooking Exploratory

2. Who among you have gone to public market and
buy the recipe ingredients?
How much is the price of the typical ingredient like
sugar, flour and salt?

3. Activity (Group Activity)

4. How did you find the activity?
How about the equation/formula to be used?
Was it enjoyable to you or not?
How would you apply this in real life situations?

5. How to Calculate Markup Percentage
Principles of Costing
 Markup - is the difference between how much an item cost you, and how
much you sell that item for –it’s your profit per item. Any Person working in
retail will find the skill being able to calculate markup percentage very
valuable.
 Selling price – is the price at which product or service is sold
 Purchase cost – is the price a buyer pays for the product bought
 Total cost – is the total cost of production

6. 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

7. 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 cost, go on
to step 3. If you decide to calculate your percent markup
based on selling price, gone to step 4.

8. 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 mark up .50 or 50%

9. 4. Calculate your percent markup base on selling price,
this is done by dividing the peso markup by the selling
price.
Example:
Peso markup 5.00
Purchase cost/buying price ÷ 15.00
Percentage mark up .33 or 33%

10. 5. Make sure you consistently use either cost of the
product or selling price to find the percentage markup
on an item. Even though the cost, selling price, and peso
markup will always be the same, selling price or cost.
Using be drastically different depending on if you
calculate it using selling price or cost. Using selling price
will give you a higher percentage markup.

11. Activity (Think, Pair and Share)
Direction: Calculate how much is the peso mark-up of the
following purchase cost:
Item Purchase Selling Peso Percentage
cost price mark-up mark-up
Gulaman 4.00 6.00 __________ __________
Siopao 10.00 15.00 __________ __________
Soft drink 9.00 12.00 __________ __________
Ball pen 5.00 7.00 __________ __________
Paper 9.00 25.00 __________ __________

12. Individual Activity

13. Assignment:
The students are tasked to go to the public market/sari-sari
store in their area and observe the price of the products.

14. Thank you for listening! 