PRICING EXPLANATION

The prices of our products are created by analyzing and summing up the production cost to the
markup; this is also known as cost-plus pricing or markup pricing. We used two types of
formulas in computing the prices of each product: the formula for the markup percentage and the
cost-plus pricing formula. We assure you that it is budget-friendly for people, especially
students.

PRODUCTS EXPENSES COMPUTATION

FLOWERS
Tulips Total Expenses: Php.105.00 Markup % (SP - TE) / TE
(Php.150 - Php.105) / Php.105
0.43 × 100 = 43% = 0.43

Selling Price:
Cost × Markup = SP
Php.105 × 1,43 = Php.150.00
Profit: Php.45 Total Price: Php.150.00 per bouquet
Forget Me Not Total Expenses: Php.131.00 Markup % (SP - TE) / TE
(Php.170 - Php.131) / Php.131
0.30 × 100 = 30% = 0.30

Selling Price:
Cost × Markup = SP
Php.131 × 1.3 = Php.170
Profit: Php.39.00 Total Price: Php.170.00 per bouquet
Sunflower Total Expenses: Php.192.00 Markup % (SP - TE) / TE
(Php.220 - Php.192) / Php.192
0.15 × 100 = 15% = 0.15

Selling Price:
Cost × Markup = SP
Php.192 × 1.33 = Php.220
Profit: Php.28.00 Total Price: Php.220 per bouquet
KEYCHAINS
Mushroom Total Expenses: Php.45.00 Markup % (SP - TE) / TE
(Php.60 - Php.45) / Php.45
0.33 × 100 = 33% = 0.33

Selling Price:
Cost × Markup = SP
Php.45 × 1.33 = Php.60.00
Profit: Php.15.00 Total Price: Php.60.00 per keychain
Star Total Expenses: Php.23.00 Markup % (SP - TE) / TE
(Php.45 - Php.23) / Php.23
0.96 × 100 = 96% = 0.96

Selling Price:
Cost × Markup = SP
Php.23 × 0.96 = php.45.00
Profit: 22.00 Total Price: Php.45.00 per keychain
Animals Total Expenses; Php.46.00 Markup % (SP - TE) / TE
(cow, frog, pig, duck) (Php.80 - Php.46) / Php.46
0.74 × 100 = 74% = 0.74

Selling Price:
Cost × Markup = SP
Php.46 × 1.74 = Php.80.00
 Profit: Php.34.00 Total Price: Php.80.00 per keychain
Flower Total Expenses: Php.32.00 Markup % (SP - TE) / TE
(Php.50 - Php.32) / Php.32
0.56 × 100 = 56% = 0.56

Selling Price:
Cost × Markup = SP
Php.32 × 1.56 = Php.50.00
Profit: 18.00 Total Price: Php.50.00 per keychain
HEADBANDS
Frog Total Expenses; Php.79.00 Markup % (SP - TE) / TE
(php.110 - php.79) / php.79
0.39 × 100 = 39% = 0.39

Selling Price:
Cost × Markup = SP
Php.79 × 1.39 = Php.110.00
Profit: php.31.00 Total Price: Php.110.00 per headband
Flower Total Expenses; Php.54.00 Markup % (SP - TE) / TE
(Php.75 - Php.54) / Php.54
0.39 × 100 = 0.39

Selling Price:
Cost × Markup = SP
Php.54 × 1.39 = Php.75.00
Profit: php.21.00 Total Price; Php.75.00 per headband
Mushroom Total Expenses: php.79.00 Markup % (SP - TE) / TE
(php.115 - php.79) / php.79
0.46 × 100 = 46% = 0.46

Selling Price:
Cost × Markup = SP
Php.79 × 1.46 = php.115.00
Profit: Php.36.00 Total price: Php.115.00 per headband
HAT
Animals Total Expenses: Php.129.00 Markup % (SP - TE) / TE
(bear, cat, cow, frog) (php.250 - Php.129) / php.129
0.94 × 100 = 945 = 0.94

Selling Price:
Cost × Markup = SP
Php.129 × 1.94 = php.250.00
Profit: php.121.00 Total Price: Php.250.00 per hat