Families and Children for Empowerment

And Development Foundation

2290 President Quirino Avenue, Paco, Manila

Date: December 5, 2008 ANNEX I

Income Statement:
 1000 pcs of Katsa Pouch
 Katsa
Sales:
 1000 pcs Napkin ring @ Php 16.00 Php 16,000.00
Less returns Php____0__
Total Sales: Php 16,000.00

Less:
Production Cost:
 Materials Cost
o Katsa 50 yards x Php 35.00 Php 1,750.00
o Thread 5 roll x Php 33.00 Php 165.00

 Labor Cost
Cutting:
o 1000 pcs x Php 3.00 Php 3,000.00
Sewing:
o 1000 pcs x Php 5.00 Php 5,000.00
Trimming:
o 1000 pcs x Php 2.00 Php 2,000.00

 Transportation Cost
o Purchase/Delivery of Products Php 300.00 Php 12,215.00
Net Income: Php 3,785.00

Prepared by:

Albert Edquila
MED Coordinator
FCED

Noted By:

Norilix Mansos
Project Manager
FCED