Independent Activity 1 - Negosyo mo, Pick mo! There's a lot of projects in school, and your allowance is not enough to cover all the expenses, you do not want to ask for additional allowance from your parent because you know that the other budget is allotted for food and other necessities. From the list of simple business below, choose one that you may think best suits in helping you cover the school project expenses but will not greatly affect you in doing your school output and other activities. Selling of Ice candy Selling of Fried peanut Selling of Puto bua Selling of Fish ball & kwek-kwek In a separate sheet, list down all the raw materials you will be needing to sell the product that you chose. Page 11 Independent Assessment 1 (Put me in, Mark-up) Applying the independent activity 1 (Negosyo mo, Pick mol), compute for the projected amount of mark-up, mark up rate based on cost and mark-up rate based on selling price from the items listed below. 1200 mark-up in total 5% mark-up based on cost 5% mark-up based on selling price Independent Activity 2 (Put me in, Mark-on!) In continuation to independent Activity 1, suppose one of the raw materials needed to produce your product increase by some amount. Apply mark-on rate by 5% to maintain an amount of profit and to avoid loss. Read the situation below: It is school vacation time, you decided to sell banana cue in your area to save some money for the next school year. You think this is the best season to sell banana cue because of the basketball tournament in your barangay wherein many people are gathered to watch the game. You also think that is achievable to sell 100 sticks of banana cue. You are now starting to estimate the amount of raw materials you needed to produce such as 100 sticks of banana cue, and your target amount of profit. Based on your estimates, answer the following questions: 1. How much is your intended selling price? 2.What factors are considered in selling a product? 3. How will you able to set the price of a product and determine the profit? 4. How will you determine mark on, mark down, and mark-up of prices? Independent Activity 1 - Negosyo mo, Pick mo! There's a lot of projects in school, and your allowance is not enough to cover all the expenses, you do not want to ask for additional allowance from your parent because you know that the other budget is allotted for food and other necessities. From the list of simple business below, choose one that you may think best suits in helping you cover the school project expenses but will not greatly affect you in doing your school output and other activities. Selling of Ice candy Selling of Fried peanut Selling of Puto bua Selling of Fish ball & kwek-kwek In a separate sheet, list down all the raw materials you will be needing to sell the product that you chose. Page 11 Independent Assessment 1 (Put me in, Mark-up) Applying the independent activity 1 (Negosyo mo, Pick mol), compute for the projected amount of mark-up, mark up rate based on cost and mark-up rate based on selling price from the items listed below. 1200 mark-up in total 5% mark-up based on cost 5% mark-up based on selling price Independent Activity 2 (Put me in, Mark-on!) In continuation to independent Activity 1, suppose one of the raw materials needed to produce your product increase by some amount. Apply mark-on rate by 5% to maintain an amount of profit and to avoid loss. Read the situation below: It is school vacation time, you decided to sell banana cue in your area to save some money for the next school year. You think this is the best season to sell banana cue because of the basketball tournament in your barangay wherein many people are gathered to watch the game. You also think that is achievable to sell 100 sticks of banana cue. You are now starting to estimate the amount of raw materials you needed to produce such as 100 sticks of banana cue, and your target amount of profit. Based on your estimates, answer the following questions: 1. How much is your intended selling price? 2.What factors are considered in selling a product? 3. How will you able to set the price of a product and determine the profit? 4. How will you determine mark on, mark down, and mark-up of prices