ARIANNE KAYE L.

MAGALONA
FIRST LAB EXERCISE

JANUARY

Revenue PHP 100,000.00

Less:
Cost of Goods Sold PHP 50,000.00

Gross Margin PHP 50,000.00

Less:
Sales and Administrative Expenses
Fixed Cost PHP 80,000.00
Variable Cost PHP 12,000.00
Total PHP 92,000.00

Net Income before taxes -PHP 42,000.00

Taxes

Net Income after taxes -PHP 42,000.00

FEBRUARY MARCH APRIL

PHP 80,000.00 PHP 110,000.00 PHP 125,500.00

PHP 40,000.00 PHP 55,000.00 PHP 62,750.00

PHP 40,000.00 PHP 55,000.00 PHP 62,750.00

PHP 80,000.00 PHP 80,000.00 PHP 80,000.00

PHP 9,600.00 PHP 13,200.00 PHP 15,060.00
PHP 89,600.00 PHP 93,200.00 PHP 95,060.00

-PHP 49,600.00 -PHP 38,200.00 -PHP 32,310.00

-PHP 49,600.00 -PHP 38,200.00 -PHP 32,310.00

 MAY JUNE JULY

PHP 120,500.00 PHP 125,500.00 PHP 62,750.00

PHP 60,250.00 PHP 62,750.00 PHP 31,375.00

PHP 60,250.00 PHP 62,750.00 PHP 31,375.00

PHP 80,000.00 PHP 80,000.00 PHP 80,000.00

PHP 14,460.00 PHP 15,060.00 PHP 7,530.00
PHP 94,460.00 PHP 95,060.00 PHP 87,530.00

-PHP 34,210.00 -PHP 32,310.00 -PHP 56,155.00

-PHP 34,210.00 -PHP 32,310.00 -PHP 56,155.00

AUGUST SEPTEMBER OCTOBER

PHP 50,000.00 PHP 200,000.00 PHP 250,000.00

PHP 25,000.00 PHP 100,000.00 PHP 125,000.00

PHP 25,000.00 PHP 100,000.00 PHP 125,000.00

PHP 80,000.00 PHP 80,000.00 PHP 80,000.00

PHP 6,000.00 PHP 24,000.00 PHP 30,000.00
PHP 86,000.00 PHP 104,000.00 PHP 110,000.00

-PHP 61,000.00 -PHP 4,000.00 PHP 15,000.00

-PHP 61,000.00 -PHP 4,000.00 PHP 15,000.00

NOVEMBER DECEMBER TOTAL

PHP 250,000.00 PHP 250,000.00 PHP 1,724,250.00

PHP 125,000.00 PHP 125,000.00 PHP 862,125.00

PHP 125,000.00 PHP 125,000.00 PHP 862,125.00

PHP 80,000.00 PHP 80,000.00 PHP 960,000.00

PHP 30,000.00 PHP 30,000.00 PHP 206,910.00
PHP 110,000.00 PHP 110,000.00 PHP 1,166,910.00

PHP 15,000.00 PHP 15,000.00 -PHP 304,785.00

PHP 0.00

PHP 15,000.00 PHP 15,000.00 -PHP 304,785.00

ARIANNE KAYE L. MAGALONA
FIRST LAB EXERCISE

JANUARY

Revenue PHP 100,000.00

Less:
Cost of Goods Sold PHP 50,000.00

Gross Margin PHP 50,000.00

Less:
Sales and Administrative Expenses
Fixed Cost PHP 80,000.00
Variable Cost PHP 12,000.00
Total PHP 92,000.00

Net Income before taxes -PHP 42,000.00

Taxes

Net Income after taxes -PHP 42,000.00

IF THE REVENUE IN MARCH AND APRIL IS 3 TIMES THE CURRENT REVENUE, WHAT IS THE
 FEBRUARY MARCH APRIL

PHP 80,000.00 PHP 330,000.00 PHP 376,500.00

PHP 40,000.00 PHP 165,000.00 PHP 188,250.00

PHP 40,000.00 PHP 165,000.00 PHP 188,250.00

PHP 80,000.00 PHP 80,000.00 PHP 80,000.00

PHP 9,600.00 PHP 39,600.00 PHP 45,180.00
PHP 89,600.00 PHP 119,600.00 PHP 125,180.00

-PHP 49,600.00 PHP 45,400.00 PHP 63,070.00

-PHP 49,600.00 PHP 45,400.00 PHP 63,070.00

ENT REVENUE, WHAT IS THE EFFECT IN THE NET INCOME AFTER TAX
 MAY JUNE JULY

PHP 120,500.00 PHP 125,500.00 PHP 62,750.00

PHP 60,250.00 PHP 62,750.00 PHP 31,375.00

PHP 60,250.00 PHP 62,750.00 PHP 31,375.00

PHP 80,000.00 PHP 80,000.00 PHP 80,000.00

PHP 14,460.00 PHP 15,060.00 PHP 7,530.00
PHP 94,460.00 PHP 95,060.00 PHP 87,530.00

-PHP 34,210.00 -PHP 32,310.00 -PHP 56,155.00

-PHP 34,210.00 -PHP 32,310.00 -PHP 56,155.00

AUGUST SEPTEMBER OCTOBER

PHP 50,000.00 PHP 200,000.00 PHP 250,000.00

PHP 25,000.00 PHP 100,000.00 PHP 125,000.00

PHP 25,000.00 PHP 100,000.00 PHP 125,000.00

PHP 80,000.00 PHP 80,000.00 PHP 80,000.00

PHP 6,000.00 PHP 24,000.00 PHP 30,000.00
PHP 86,000.00 PHP 104,000.00 PHP 110,000.00

-PHP 61,000.00 -PHP 4,000.00 PHP 15,000.00

-PHP 61,000.00 -PHP 4,000.00 PHP 15,000.00

NOVEMBER DECEMBER TOTAL

PHP 250,000.00 PHP 250,000.00 PHP 2,195,250.00

PHP 125,000.00 PHP 125,000.00 PHP 1,097,625.00

PHP 125,000.00 PHP 125,000.00 PHP 1,097,625.00

PHP 80,000.00 PHP 80,000.00 PHP 960,000.00

PHP 30,000.00 PHP 30,000.00 PHP 263,430.00
PHP 110,000.00 PHP 110,000.00 PHP 1,223,430.00

PHP 15,000.00 PHP 15,000.00 -PHP 125,805.00

PHP 0.00

PHP 15,000.00 PHP 15,000.00 -PHP 125,805.00

ARIANNE KAYE L. MAGALONA
FIRST LAB EXERCISE

JANUARY

Revenue PHP 100,000.00

Less:
Cost of Goods Sold PHP 30,000.00

Gross Margin PHP 70,000.00

Less:
Sales and Administrative Expenses
Fixed Cost PHP 80,000.00
Variable Cost PHP 12,000.00
Total PHP 92,000.00

Net Income before taxes -PHP 22,000.00

Taxes

Net Income after taxes -PHP 22,000.00

IF COGS IS 30% INSTEAD OF 50% COMPUTE THE NET INCOME AFTER TAX
 FEBRUARY MARCH APRIL

PHP 80,000.00 PHP 110,000.00 PHP 125,500.00

PHP 24,000.00 PHP 33,000.00 PHP 37,650.00

PHP 56,000.00 PHP 77,000.00 PHP 87,850.00

PHP 80,000.00 PHP 80,000.00 PHP 80,000.00

PHP 9,600.00 PHP 13,200.00 PHP 15,060.00
PHP 89,600.00 PHP 93,200.00 PHP 95,060.00

-PHP 33,600.00 -PHP 16,200.00 -PHP 7,210.00

-PHP 33,600.00 -PHP 16,200.00 -PHP 7,210.00

AFTER TAX
 MAY JUNE JULY

PHP 120,500.00 PHP 125,500.00 PHP 62,750.00

PHP 36,150.00 PHP 37,650.00 PHP 18,825.00

PHP 84,350.00 PHP 87,850.00 PHP 43,925.00

PHP 80,000.00 PHP 80,000.00 PHP 80,000.00

PHP 14,460.00 PHP 15,060.00 PHP 7,530.00
PHP 94,460.00 PHP 95,060.00 PHP 87,530.00

-PHP 10,110.00 -PHP 7,210.00 -PHP 43,605.00

-PHP 10,110.00 -PHP 7,210.00 -PHP 43,605.00

AUGUST SEPTEMBER OCTOBER

PHP 50,000.00 PHP 200,000.00 PHP 250,000.00

PHP 15,000.00 PHP 60,000.00 PHP 75,000.00

PHP 35,000.00 PHP 140,000.00 PHP 175,000.00

PHP 80,000.00 PHP 80,000.00 PHP 80,000.00

PHP 6,000.00 PHP 24,000.00 PHP 30,000.00
PHP 86,000.00 PHP 104,000.00 PHP 110,000.00

-PHP 51,000.00 PHP 36,000.00 PHP 65,000.00

-PHP 51,000.00 PHP 36,000.00 PHP 65,000.00

NOVEMBER DECEMBER TOTAL

PHP 250,000.00 PHP 250,000.00 PHP 1,724,250.00

PHP 75,000.00 PHP 75,000.00 PHP 517,275.00

PHP 175,000.00 PHP 175,000.00 PHP 1,206,975.00

PHP 80,000.00 PHP 80,000.00 PHP 960,000.00

PHP 30,000.00 PHP 30,000.00 PHP 206,910.00
PHP 110,000.00 PHP 110,000.00 PHP 1,166,910.00

PHP 65,000.00 PHP 65,000.00 PHP 40,065.00

PHP 14,022.75

PHP 65,000.00 PHP 65,000.00 PHP 26,042.25

MULTIPLY THE POSITIVE NET INCOME BEFORE TAXES BY 35%
ARIANNE KAYE L. MAGALONA
FIRST LAB EXERCISE

JANUARY

Revenue PHP 100,000.00

Less:
Cost of Goods Sold PHP 50,000.00

Gross Margin PHP 50,000.00

Less:
Sales and Administrative Expenses
Fixed Cost PHP 54,601.25
Variable Cost PHP 12,000.00
Total PHP 66,601.25

Net Income before taxes -PHP 16,601.25

Taxes

Net Income after taxes -PHP 16,601.25

WHAT SHOULD BE THE FIXED COST PER MONTH SO THAT NET INCOME BEFORE TASK IS 0
 FEBRUARY MARCH APRIL

PHP 80,000.00 PHP 110,000.00 PHP 125,500.00

PHP 40,000.00 PHP 55,000.00 PHP 62,750.00

PHP 40,000.00 PHP 55,000.00 PHP 62,750.00

PHP 54,601.25 PHP 54,601.25 PHP 54,601.25

PHP 9,600.00 PHP 13,200.00 PHP 15,060.00
PHP 64,201.25 PHP 67,801.25 PHP 69,661.25

-PHP 24,201.25 -PHP 12,801.25 -PHP 6,911.25

-PHP 24,201.25 -PHP 12,801.25 -PHP 6,911.25

T INCOME BEFORE TASK IS 0?

 MAY JUNE JULY

PHP 120,500.00 PHP 125,500.00 PHP 62,750.00

PHP 60,250.00 PHP 62,750.00 PHP 31,375.00

PHP 60,250.00 PHP 62,750.00 PHP 31,375.00

PHP 54,601.25 PHP 54,601.25 PHP 54,601.25

PHP 14,460.00 PHP 15,060.00 PHP 7,530.00
PHP 69,061.25 PHP 69,661.25 PHP 62,131.25

-PHP 8,811.25 -PHP 6,911.25 -PHP 30,756.25

-PHP 8,811.25 -PHP 6,911.25 -PHP 30,756.25

AUGUST SEPTEMBER OCTOBER

PHP 50,000.00 PHP 200,000.00 PHP 250,000.00

PHP 25,000.00 PHP 100,000.00 PHP 125,000.00

PHP 25,000.00 PHP 100,000.00 PHP 125,000.00

PHP 54,601.25 PHP 54,601.25 PHP 54,601.25

PHP 6,000.00 PHP 24,000.00 PHP 30,000.00
PHP 60,601.25 PHP 78,601.25 PHP 84,601.25

-PHP 35,601.25 PHP 21,398.75 PHP 40,398.75

-PHP 35,601.25 PHP 21,398.75 PHP 40,398.75

NOVEMBER DECEMBER TOTAL

PHP 250,000.00 PHP 250,000.00 PHP 1,724,250.00

PHP 125,000.00 PHP 125,000.00 PHP 862,125.00

PHP 125,000.00 PHP 125,000.00 PHP 862,125.00

PHP 54,601.25 PHP 54,601.25 PHP 655,215.00

PHP 30,000.00 PHP 30,000.00 PHP 206,910.00
PHP 84,601.25 PHP 84,601.25 PHP 862,125.00

PHP 40,398.75 PHP 40,398.75 PHP 0.00

PHP 0.00

PHP 40,398.75 PHP 40,398.75 PHP 0.00

SUBTRACT THE GROSS MARGIN TO THE VERIABLE COST FOR THE FIXED COST AND DIVID
E FIXED COST AND DIVIDE BY 12 TO EVENLY DISTRIBUTE PER MONTH
ARIANNE KAYE L. MAGALONA
FIRST LAB EXERCISE

JANUARY

Revenue PHP 100,000.00

Less:
Cost of Goods Sold PHP 50,000.00

Gross Margin PHP 50,000.00

Less:
Sales and Administrative Expenses
Fixed Cost PHP 80,000.00
Variable Cost PHP 12,000.00
Total PHP 92,000.00

Net Income before taxes -PHP 42,000.00

Taxes

Net Income after taxes -PHP 42,000.00

STARTING JULY COGS WAS REDUCED FROM 50% TO 35% AND THE REVENUE REMAINED A
 FEBRUARY MARCH APRIL

PHP 80,000.00 PHP 110,000.00 PHP 125,500.00

PHP 40,000.00 PHP 55,000.00 PHP 62,750.00

PHP 40,000.00 PHP 55,000.00 PHP 62,750.00

PHP 80,000.00 PHP 80,000.00 PHP 80,000.00

PHP 9,600.00 PHP 13,200.00 PHP 15,060.00
PHP 89,600.00 PHP 93,200.00 PHP 95,060.00

-PHP 49,600.00 -PHP 38,200.00 -PHP 32,310.00

-PHP 49,600.00 -PHP 38,200.00 -PHP 32,310.00

THE REVENUE REMAINED AT 100000 PER MONTH COMPUTE THE NET INCOME AFTER TAX
 MAY JUNE JULY

PHP 120,500.00 PHP 125,500.00 PHP 100,000.00

PHP 60,250.00 PHP 62,750.00 PHP 35,000.00

PHP 60,250.00 PHP 62,750.00 PHP 65,000.00

PHP 80,000.00 PHP 80,000.00 PHP 80,000.00

PHP 14,460.00 PHP 15,060.00 PHP 12,000.00
PHP 94,460.00 PHP 95,060.00 PHP 92,000.00

-PHP 34,210.00 -PHP 32,310.00 -PHP 27,000.00

-PHP 34,210.00 -PHP 32,310.00 -PHP 27,000.00

NCOME AFTER TAX

AUGUST SEPTEMBER OCTOBER

PHP 100,000.00 PHP 100,000.00 PHP 100,000.00

PHP 50,000.00 PHP 50,000.00 PHP 50,000.00

PHP 50,000.00 PHP 50,000.00 PHP 50,000.00

PHP 80,000.00 PHP 80,000.00 PHP 80,000.00

PHP 12,000.00 PHP 12,000.00 PHP 12,000.00
PHP 92,000.00 PHP 92,000.00 PHP 92,000.00

-PHP 42,000.00 -PHP 42,000.00 -PHP 42,000.00

-PHP 42,000.00 -PHP 42,000.00 -PHP 42,000.00

NOVEMBER DECEMBER TOTAL

PHP 100,000.00 PHP 100,000.00 PHP 1,261,500.00

PHP 50,000.00 PHP 50,000.00 PHP 615,750.00

PHP 50,000.00 PHP 50,000.00 PHP 645,750.00

PHP 80,000.00 PHP 80,000.00 PHP 960,000.00

PHP 12,000.00 PHP 12,000.00 PHP 151,380.00
PHP 92,000.00 PHP 92,000.00 PHP 1,111,380.00

-PHP 42,000.00 -PHP 42,000.00 -PHP 465,630.00

PHP 0.00

-PHP 42,000.00 -PHP 42,000.00 -PHP 465,630.00

ARIANNE KAYE L. MAGALONA
FIRST LAB EXERCISE

JANUARY

Revenue PHP 100,000.00

Number of Units Sold 1000
Selling Price PHP 20.72

Less:
Cost of Goods Sold PHP 20,700.00

Gross Margin PHP 79,300.00

Less:
Sales and Administrative Expenses
Fixed Cost PHP 80,000.00
Variable Cost PHP 12,000.00
Total PHP 92,000.00

Net Income before taxes -PHP 12,700.00

Taxes

Net Income after taxes -PHP 12,700.00

what should be the selling price to have a net income before tax of around 200,000
 FEBRUARY MARCH APRIL

PHP 80,000.00 PHP 110,000.00 PHP 125,500.00

800 1100 1250
PHP 20.72 PHP 20.72 PHP 20.72

PHP 16,560.00 PHP 22,770.00 PHP 25,978.50

PHP 63,440.00 PHP 87,230.00 PHP 99,521.50

PHP 80,000.00 PHP 80,000.00 PHP 80,000.00

PHP 9,600.00 PHP 13,200.00 PHP 15,060.00
PHP 89,600.00 PHP 93,200.00 PHP 95,060.00

-PHP 26,160.00 -PHP 5,970.00 PHP 4,461.50

-PHP 26,160.00 -PHP 5,970.00 PHP 4,461.50

tax of around 200,000

 MAY JUNE JULY

PHP 120,500.00 PHP 125,500.00 PHP 62,750.00

1200 1250 630
PHP 20.72 PHP 20.72 PHP 20.72

PHP 24,943.50 PHP 25,978.50 PHP 12,989.25

PHP 95,556.50 PHP 99,521.50 PHP 49,760.75

PHP 80,000.00 PHP 80,000.00 PHP 80,000.00

PHP 14,460.00 PHP 15,060.00 PHP 7,530.00
PHP 94,460.00 PHP 95,060.00 PHP 87,530.00

PHP 1,096.50 PHP 4,461.50 -PHP 37,769.25

PHP 1,096.50 PHP 4,461.50 -PHP 37,769.25

AUGUST SEPTEMBER OCTOBER

PHP 50,000.00 PHP 200,000.00 PHP 250,000.00

500 2000 2500
PHP 20.72 PHP 20.72 PHP 20.72

PHP 10,350.00 PHP 41,400.00 PHP 51,750.00

PHP 39,650.00 PHP 158,600.00 PHP 198,250.00

PHP 80,000.00 PHP 80,000.00 PHP 80,000.00

PHP 6,000.00 PHP 24,000.00 PHP 30,000.00
PHP 86,000.00 PHP 104,000.00 PHP 110,000.00

-PHP 46,350.00 PHP 54,600.00 PHP 88,250.00

-PHP 46,350.00 PHP 54,600.00 PHP 88,250.00

NOVEMBER DECEMBER TOTAL

PHP 250,000.00 PHP 250,000.00 PHP 1,724,250.00

2500 2500 17230
PHP 20.72 PHP 20.72 PHP 20.72

PHP 51,750.00 PHP 51,750.00 PHP 356,919.75

PHP 198,250.00 PHP 198,250.00 PHP 1,367,330.25

PHP 80,000.00 PHP 80,000.00 PHP 960,000.00

PHP 30,000.00 PHP 30,000.00 PHP 206,910.00
PHP 110,000.00 PHP 110,000.00 PHP 1,166,910.00

PHP 88,250.00 PHP 88,250.00 PHP 200,420.25

PHP 0.00

PHP 88,250.00 PHP 88,250.00 PHP 200,420.25

DIVIDE TOTAL COGS TO TOTAL NUMBER OF UNITS SOLD

CHANGED THE GOOD SOLD MULTIPLIER