Group 4 Income statement

DAY 1

PRODUCTION COST
INGREDIENTS Quantity Price
Cassava 1 kilo ₱15

Sugar ⅛ kilo 8
Cooking Oil 1 bottle 20

Stick 1 bundle 8
Wrapper 2 pcs. (small) 30

Margarine 2 pcs. 10

Cheese 1 box 45
Syrup (Condense Milk) 1 can 44
Cost of Goods Sold ₱180

Materials Quantity Price

Gasoline ½ Liter ₱30
Charcoal 3 Bags 20
Operating Expenses ₱60

INCOME STATEMENT
Gross Sale ₱295

Less Cost of Goods Sold 180

Gross Profit 115

Less Operating Expenses 60

Gross Operating Profit ₱55.00

GROUP 4 INCOME STATEMENT

 Group 4 Income statement

DAY 2

PRODUCTION COST
INGREDIENTS Quantity Price
Cassava 2 kilo ₱30

Sugar ¼ kilo 15
Cooking Oil 1 bottle 20

Stick 1 bundle 8
Wrapper 2 pcs. (big) 40

Margarine 2 pcs. (small) 10

Cheese 1 box 45
Syrup (Chocolate Syrup) 1 can 48
Cost of Goods Sold ₱216

Materials Quantity Price

Gasoline ½ Liter ₱30
Charcoal 3 Bags 30
Operating Expenses ₱60

INCOME STATEMENT
Gross Sale ₱370

Less Cost of Goods Sold 216

Gross Profit 154

Less Operating Expenses 60

Gross Operating Profit ₱94.00

GROUP 4 INCOME STATEMENT

 Group 4 Income statement

DAY 3

PRODUCTION COST
INGREDIENTS Quantity Price
Cassava 2 kilo ₱30

Sugar ¼ kilo 15
Cooking Oil 1 bottle 20

Stick 1 bundle 8
Wrapper 3 pcs. (big) 60

Margarine 1 pcs. (big) 20

Cheese 1 box 45
Syrup (Condense Milk) 1 can 44
Cost of Goods Sold ₱242

Materials Quantity Price

Gasoline ½ Liter ₱30
Charcoal 3 Bags 30
Operating Expenses ₱60

INCOME STATEMENT
Gross Sale ₱530

Less Cost of Goods Sold 242

Gross Profit 288

Less Operating Expenses 60

Gross Operating Profit ₱228.00

GROUP 4 INCOME STATEMENT

 Group 4 Income statement

DAY 4

PRODUCTION COST
INGREDIENTS Quantity Price
Cassava 2 kilo ₱30

Sugar ¼ kilo 15
Cooking Oil 1½ bottle 34

Stick 1 bundle 8
Wrapper 3½ pcs. (big) 70

Margarine 1 pcs. (big) 10

Cheese 1 box 45
Syrup (Chocolate Syrup) 1 can 49
Cost of Goods Sold ₱261

Materials Quantity Price

Gasoline ½ Liter ₱30
Charcoal 3 Bags 30
Operating Expenses ₱60

INCOME STATEMENT
Gross Sale ₱555

Less Cost of Goods Sold 261

Gross Profit 294

Less Operating Expenses 60

Gross Operating Profit ₱234.00

GROUP 4 INCOME STATEMENT

 Group 4 Income statement

DAY 5

PRODUCTION COST
INGREDIENTS Quantity Price
Cassava 2¾ kilo ₱40

Sugar ¼ kilo 15
Cooking Oil 1½ bottle 34

Paper Plate 1 bundle 15

Wrapper 3½ pcs. (big) 70

Margarine 1 pcs (big) 20

Cheese 1 box 45
Syrup (Condense Milk) 1 can 44
Cost of Goods Sold ₱283

Materials Quantity Price

Gasoline ½ Liter ₱30
Charcoal 3 Bags 30
Operating Expenses ₱60

INCOME STATEMENT
Gross Sale ₱595

Less Cost of Goods Sold 283

Gross Profit 312

Less Operating Expenses 60

Gross Operating Profit ₱252.00

GROUP 4 INCOME STATEMENT