PRODUCTS UNIT SALES UNIT PRICES SALES

(May, June, July)

Wall Hanging Decors

Bohemian Macrame Wall Hanging 50 110 5,500

Floral Watercolor Canvas Art 30 90 2,700

Vintage Map Tapestry 30 60 1,800

Wall Shelves

Rustic Wood Floating Shelves 40 250 10,000

Modern Wall Cube Shelves 40 280 11,200

Industrial Pipe Wall Shelves 40 380 15,200

Corner Floating Shelves 30 353 10,590

Bamboo Wall Shelves 40 385 15,400

Vases

Tall Floor Vases 50 430 21,500

Wooden Handmade Vases 30 310 9,300

Frames

Rustic Wooden Handmade Frames 20 360 7,200

Wooden Handmade Frames 40 150 6,000

Others:

Flower Bouquet 15 350 5,250

Infinity Flowers 10 400 4,000

Event Souvenirs 50 200 10,000

Special Handicrafts - 280 - 400 -

TOTAL 515 135,640

Sales Forecast

MONTHS SALES COST OF REVENUE GROSS PROFIT GROSS PROFIT

SALES (%)
May, June & July 515 101,730 135,640 33,910 25%
FINANCIAL PLAN

To begin our business, we plan to invest at least P 60,000 as our business’ beginning capital. However, this capital is not
enough to purchase raw materials worth P101,730, thus, we will be purchasing the remaining P 41,730 worth of materials
on account.

Below are the financial statement following the sales forecast (refer to page ) we have made for the first three months
(May, June, July) of our business:

Statement of Financial Performance

For the month ended July 31, 2023
Sales Revenue P 135,640
COST OF SALES
Purchases 101,730
Freight-in ----
Cost of Goods Available for Sale 101,730
Less: Ending Inventory 0
Total Cost of Sales (101,730)
GROSS PROFIT 33,910
EXPENSES
Utilities Expense 5,000 (5,000)
NET PROFIT P 28,910

Statement of Changes in Equity

For the month ended July 31,2023
Capital, Beg. P 60,000
Add: Investment -
Net Profit 28,910
Less: Drawings -
Capital, End. . 88,910
 Statement of Cash Flows
July 31, 2023
Cash Flow from Operating Activities
Sales Revenue P 135,640

Cash Flow from Investing Activities

Less: Payment for Purchase of Raw Materials 101,730
Utilities Cost 5,000
Cash Flow from Financial Activities
Add: Investment -

NET CASH FLOW 28,910

Cash, May 1, 2023 -
Cash, July 31, 2023 28,910

Statement of Financial Position

July 31, 2023
Current Asset
Cash 28,910
Accounts Receivable
Inventory 101,730
Total Current Assets: 130,640
TOTAL ASSET: 130,640

Liabilities
Accounts Payable 41,730
Equity 88,910
TOTAL LIABILITY AND EQUITY: 130,640