Given the following recipe and its estimated cost, compute for the total purchase cost and impose a 50% mark up to determine the selling price of your product. Yield=24 servingsItem Unit coct Total Cost Peso mark-up Selling Price per serving 2 K chicken 115.00/kilo 1 head of garlic 50.00/kilo 20pcs/kilo 4 Tbsp soy sauce 15.00/bottle Approx. 32T 1 tsp ground black pepper 1.00/ small pack ½ t/pack 1/2 cup vinegar 12.00/bottle Approx. 2 C/bottle 2 Tbsp cooking oil 40.00/bottle Approx. 32T TOTAL answer for 10 minutes and i marked you us a brainliest

The total purchase cost = 240.55 Peso

The markup on cost =        120.27 Peso

The selling price =             360.82 Peso

Explanation:

a) Data and Calculations:

Item                        Unit cost            Total Cost    Peso markup  Selling Price

                                                                                  50%             per serving

2 K chicken           115.00/kilo                 230            115.00                345.00

1 head of garlic 50.00/kilo 20pcs/kilo        2.50         1.25                     3.75

4 Tbsp soy sauce 15.00/bottle

  Approx. 32T                                               1.88         0.94                    2.82

1 tsp ground black pepper 1.00/ small pack

 1½ t/pack                                                   0.67          0.33                    1.00

1/2 cup vinegar  12.00/bottle

 Approx. 2 C/bottle                                   3.00           1.50                   4.50

2 Tbsp cooking oil 40.00/bottle

 Approx. 32T                                            2.50            1.25                   3.75

TOTAL                                                 240.55        120.27              360.82

answer; the cpi;