Business Mathematics

Accountancy, Business, and Management

Name: Cheizyl Sue V. Vinculado Date: 30-Sep-22

Performance Task #1
Creating Your Budget
A. Current Expenses
Expense Category Cost Percentage
Food 5200 34.8
Bills 4500 30.1
Hygiene 750 5.0
Transportation 2,500 16.7
Savings 2000 13.4
TOTAL 14,950 100.0

Particulars:
Food - everyday meals (2000), groceries (3000), drinking water (200)
Bills - Electricity (2500), Water (500), Internet (1500)
Hygiene - Shampoo (200), Soap (200), Detergent (200), Dishwashing Liquid (150)
Transportation - Motorcycle (600), Multicab (1,500), Tricycle (400)
Savings - Life savings (1000) and Emergency Funds (1000)

B. Proposed Budget
Expense Category Cost Percentage
Food 4700 34.1
Bills 4000 29.0
Hygiene 600 4.3
Transportation 2500 18.1
Savings 2000 14.5
TOTAL 13800 100.0
Particulars:
Food - everyday meals (2000), groceries (2500), drinking water (200)
Bills - Electricity (2000), Water (500), Internet (1500)
Hygiene - Shampoo (150), Soap (150), Detergent (150), Dishwashing Liquid (150)
Transportation - Motorcycle (600), Multicab (1,500), Tricycle (400)
Savings - Life savings (1000) and Emergency Funds (1000)

C. Strategy
Making a budget is not as simple as it appears because we also need to live comfortably. However, this does not imply
that we should spend a lot of money. We must understand how to manage our finances properly. These strategies
would be extremely beneficial in developing our family budget. The first strategy, which I believe would be enormously
helpful, is to determine our financial priorities. We should not concentrate on things that aren't necessary, but rather on
things that are. The next step is to keep track of our expenses. This will help us understand the outflow of our money and
whether we have been overspending. The next step is to conserve as much electricity as possible. Most of the time, our
electric fans are turned on even when they are not in use, which adds to the electricity bill, so turning them off, as well
as other appliances when not in use, will be a big help. Finally, enable automatic saving. It is a wise decision to save,
especially if there are emergencies, so that we are not burdened by expenses.
 Business Mathematics
Accountancy, Business, and Management

Name: Cheizyl Sue V. Vinculado Date: 30-Sep-22

Performance Task #2
Costing a Product
Sample Product: Strawberries & Cream Frappuccino

Production Expenses per piece Computation for the costing for 100 products:
Particulars Price
Cost 150 Production Expenses x 100 products
Electricity 20 Php 195.00 x 100
Labor 25 Php 19,500

TOTAL 195