Families and Children for Empowerment

And Development Foundation

2290 President Quirino Avenue, Paco, Manila

Date: December 15, 2008 ANNEX O

Income Statement:
 37 pcs Napkin ring
 Single coil
Sales:
 37 pcs Napkin ring @ Php 20.17 Php 746.50
Less returns Php____0__
Total Sales: Php 746.50

Less:
Production Cost:
 Materials Cost
o Acrylic Beads 5 packs x Php 24.00 Php 120.00
o Glass Beads 1 packs x Php 24.00 Php 24.00
o Wire# 20 .37 rolls x Php 280.00 Php 103.60
o Wire # 5 111 pcs x Php 0.64 Php 71.04

 Labor Cost
Twining:
o 37 pcs x Php 5.00 Php 185.00
Beading:
o 37 pcs x Php 2.00 Php 74.00

 Transportation Cost
o Purchase/Delivery of Products Php 42.00 Php 619.64
Net Income: Php 126.86

Prepared by:

Albert Edquila
MED Coordinator
FCED

Noted By:

Norilix Mansos
Project Manager
FCED