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      Question

      Calculate the total units produced for each product over

      the 5 months. Based on this production data, determine the total cost price and total selling price for each product. What is the overall profit or loss for the company? Direction: A manufacturing company produces three products: A, B, and C. The following table summarizes the production details for each product over a period of 5 months, including the cost price (CP), selling price (SP), and units produced each month.
      A Total Profit โ‚น320,000 Correct Answer Incorrect Answer
      B Total Profit โ‚น273,000 Correct Answer Incorrect Answer
      C Total Profit โ‚น280,000 Correct Answer Incorrect Answer
      D Total Profit โ‚น300,000 Correct Answer Incorrect Answer
      E Total Loss โ‚น210,000 Correct Answer Incorrect Answer

      Solution

      Total Units Produced: Product A = 100 + 120 + 130 + 110 + 150 = 610 Product B = 80 + 90 + 70 + 60 + 100 = 400 Product C = 150 + 160 + 180 + 200 + 170 = 860 Total Cost Price for each product: Product A = 610 ร— 200 = โ‚น122,000 Product B = 400 ร— 250 = โ‚น100,000 Product C = 860 ร— 300 = โ‚น258,000 Total Selling Price for each product: Product A = 610 ร— 300 = โ‚น183,000 Product B = 400 ร— 350 = โ‚น140,000 Product C = 860 ร— 500 = โ‚น430,000 Total CP = 122,000 + 100,000 + 258,000 = โ‚น480,000 Total SP = 183,000 + 140,000 + 430,000 = โ‚น753,000 Overall Profit = Total SP - Total CP = 753,000 - 480,000 = โ‚น273,000

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