QUIZ - CORE 3
QUIZ - CORE 3
Multiple Choice.
Choose the best answer.
1. Is the minimum product quantity to cover the total cost:
Income per kilogram
Breakeven yield
Breakeven cost
Return on investment
Enumeration
Five (5) Business Forms that Clusters use for Financial Recording*
5 points
1. Receiving form
2. Delivery form
3. Sales invoice
4. Sales and costs
5. Income report
Three (3) Financial reports that Leaders should present to their cluster
*
3 points
1. income statement
2. balance sheet
3. statement of cash flows
Hilling Up
1. Labor rate: ₱500 per day for 2 days
2. 70% of the cost is financed; 30% is paid by the farmer
Staking/Tying
1. Labor rate: ₱500 per day for 2 days
2. 80% of the cost is financed; 20% is paid by the farmer
Harvesting and Packing
1. Labor rate: ₱500 per day for 5 days
2. 80% of the cost is financed; 20% is paid by the farmer
Hauling
1. Labor rate: ₱500 per day for 3 days
2. 67% of the cost is financed; 33% is paid by the farmer
Given the above assumptions, compute the total financed amount and
the farmer’s counterpart for each activity, material, and other costs. Then, calculate the total production cost for
the white corn production.