Activity 3: Computing the Production Cost Direction: Prepare a Production Cost following the Given Format. Show your computations in your activity notebook. Production Cost Product: Papaya Pickles 1 - Raw Materials and Ingredients Items Quantity wt/ml /gms Cost (P) TOTAL II. Packaging Materials 1. Preserving jars 2. Label II III. Overhead Expenditures 1. LPG / fuel for cooking P 2. Transportation 3. Water = P Grand Total =P IV. Number of finished products V. Net Weight VI. Mark up price (20 % of Grand Total) - P VII. Selling Price​