PRICING DETERMINATION CALCULATIONS ( SPICY COCONUT PICKLE)

Direct Material
1 mg of salt
1/2 kgOnions
Coconuts
Chillies
Direct Labour
2 Processing worker
1 Packaging Worker
1 Farm Worker
Other Variable Cost
Electricity Cost
Other Variable Cost
Total Variable Cost
Fixed Cost
Transportation
Electricity Cost
Total Fixed Cost
Total Cost
Total Unit Cost

Cost Budget Per

half Year

Quantity per half year

(Bottles)

Cost Per Unit

bottle)

$630
$5,040
$6,300
$6,300

12,600
12,600
12,600
12,600

$0.05
$0.40
$0.50
$0.50

$5,040
$5,040
$2,520

12,600
12,600
12,600

$0.2 each
$0.2 each
$0.20

$504
$756
$32,130

12,600
12,600
12,600

$0.04
$0.02
$2.41

12600

$0.15
$0.15
$0.30

Add: Markup 20%

SELLING PRICE

$2.71
0.542
$3.25

$1,890
$1,890
$3,780
$39,690

(per

Price Determination Calculation ( Spicy Coconut Juicy)

Cost Per
Cost Budget
Quanitity Per Half year Unit
Half year
(Bottles)
(Bottles)

Variable Cost
Direct Material
Salt (1.25mg)
Onions
Coconuts
Plastic Bottles
Chillies
Direct labour
2 Processing Worker
1 Packaging Worker
1 Packaging Worker
Other Variable Costs
Electricity
Other Variable Costs
Total Variable Cost
Fixed Cost
Transportation
Advertising
Total Fixed Costs
Total Costs
Total Unit Costs

$630
$5,040
$6,300
$2,520
$6,300

12,600
12,600
12,600
12,600
12,600

$0.05
$0.40
$0.50
$0.20
$0.50

$5,040
$5,040
$2,520

12,600
12,600
12,600

$0.2 each
$0.2 each
$0.20

$504
$756
$34,650

12,600
12,600
12,600

$0.04
$0.02
$2.75

12600

$0.15
$0.15
$0.30

$1,890
$1,890
$3,780
$42,210

$3.05
Add: Markup 20%
SELLING PRICE

0.61
$3.66