Answer with solution

11. - 20. Roel baked 150 pieces of cake. He sold the 70% of it to Goldalaks at P3,000.00 per piece, and the remaining to the local market nearby towns at $2,000.00 per piece. The cost of sales associated in producing 150 pieces of cakes amounts to P200,000.00. He also gives 10% discount to the local market and with a promise to deliver the product to each place. Operating expenses incurred for the month is P44.400.00. Based on the above situation fill the table below by copying it and writing your answer on a separate sheet of paper. Gross Margin Mark-up Cost of goods sold Mark-up Selling Price