Write T if the the statement is correct and F if it is not.
2. unit cost is the cost of product per piece
3. One of the steps in learning how to determine the selling price of the processed product is making a list of the operating expenses.
4. keeping a record of the profit and income helps the seller keep track of the business.
5.To ensure that the seller does not lose in the selling enterprise, the selling price of the food should be determined after computing all the income incurred.
6. all expenses incurred for the day cost of ingredients, packaging materials, travel expenses and others should be recorded.
7. A monthly inventory of the product sold is important.
8. Profit means expenses.
9. cost means profit
10. production cost is very important
Answers & Comments
Answer:
2.T
3.T
4.T
5.F
6.T
7.T
8.F
10.T