Families and Children for Empowerment

And Development Foundation

2290 President Quirino Avenue, Paco, Manila

Date: December 15, 2008 ANNEX D

Income Statement:
 300 pcs Napkin ring
 Jade stone
 Single coil
Sales:
 300 pcs Napkin ring @ Php 30.00 Php 9,000.00
Less returns Php____0__
Total Sales: Php 9,000.00

Less:
Production Cost:
 Materials Cost
o Jade stone 36 strings x Php 80.00 Php 2,880.00
o Glass Beads 6 packs x Php 24.00 Php 144.00
o Wire# 20 3 rolls x Php 280.00 Php 840.00
o Wire # 5 900 pcs x Php 0.64 Php 576.00

 Labor Cost
Twining:
o 300 pcs x Php 5.00 Php 1,500.00
Beading:
o 300 pcs x Php 2.00 Php 600.00

 Transportation Cost
o Purchase/Delivery of Products Php 300.00 Php 6,840.00
Net Income: Php 2,160.00

Prepared by:

Albert Edquila
MED Coordinator
FCED

Noted By:

Norilix Mansos
Project Manager
FCED