Why is cost calculation necessary in a food enterprise?
Answer and explanation
Correct answer: To decide correct price and profit
Pricing becomes correct when cost is known. In exams, remember the relation between cost and pricing.
Frequently asked questions
What is the correct answer to this question?
To decide correct price and profit
Why is this the correct answer?
Pricing becomes correct when cost is known. In exams, remember the relation between cost and pricing.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Traditional occupations in India - Indian cuisine.