Paired

Quiz
•  Go to grocerydelivery.com.ph.
•  Using direct materials found in the
website, invent any two food products
and price them using any of the
pricing strategies discussed.
 Paired Quiz
a.  Brief description: Describe the
product idea, identify the ingredients
and serving sizes (include photos if
possible)
b.  Cost table: Compute the total unit
cost
1.  Variable
2. Overhead
3.  Fixed



Paired Quiz
c.  Price calculation: Calculate prices using
1.  Mark-up pricing (explain the
markup % chosen)
2.  TRP (assume a DR and IC, explain)
d.  Pricing strategy: Set a selling price for
the two products using any of the
pricing strategies discussed in class.
Explain and justify your choice.


Grading
•  15 points for each product
•  5 points = product idea
•  10 points = pricing calculation
•  This is equivalent to two quizzes.
•  Format
–  Short bond paper
–  Calibri/ Times New Roman, font size 11
–  Submission should be in .pdf.