FINANCIAL PLAN

PRODUCT COSTING(ACTUAL)

BRACELET

RAW MATERIALS

QUANTITY QUALITY PRICE

1O packs Beads 350.00

2 roll Nylon 50.00

1 pack Lock 65.00

TOTAL 465.00

PACKAGING EXPENSE

QUANTITY QUALITY PRICE

1 roll Ribbon 40.00
1 pack Bondpaper 95.00
TOTAL 135.00

Total Raw Materials 465.00

Total Packaging Expense 135.00

TOTAL PER BATCH 600.0

Total Units: 55 pieces

 PRODUCT COSTING(ACTUAL)

KEYCHAIN

RAW MATERIALS

QUANTITY QUALITY PRICE

1O packs Beads 350.00

2 roll Nylon 70.00

1 ring Chains 95.00

2 pack Small rings 150.00

TOTAL 665.00

PACKAGING EXPENSE

QUANTITY QUALITY PRICE

1 roll Ribbon 40.00
1 pack Bondpaper 95.00
TOTAL 135.00

Total Raw Materials 665.00

Total Packaging Expense 135.00

TOTAL PER BATCH 800.0

Total Units: 65 pieces

PER UNIT (BRACELET)
RAW MATERIALS PRICE
Beads 6.36
Nylon 0.91
Lock 1.18
TOTAL 8.45

PACKAGING EXPENSE
Packaging Supplies PRICE
Ribbon 0.73
Bondpaper 1.73
TOTAL 2.46

Total Raw Materials 8.45

Total Packaging Expense 2.46
TOTAL PER UNIT 10.91

PER UNIT (KEYCHAIN)

RAW MATERIALS PRICE
Beads 5.38
Nylon 1.08
Chains 1.46
Small rings 2.31
TOTAL 10.23

PACKAGING EXPENSE
Packaging Supplies PRICE
Ribbon 0.62
Bondpaper 1.46
TOTAL 2.08

Total Raw Materials 10.23

Total Packaging Expense 2.08
TOTAL PER UNIT 12.31
 LABOR EXPENSES

Particular Quantity Unit Price Total Cost Unit Cost

Labor 1 468.00 1,404.00 3.9

BRACELET PRICING (in units) KEYCHAIN PRICING(in units)

Product Cost 10.91 Product Cost 12.31

Direct Labor 3.9 Direct Labor 3.9

Cost Per Unit 14.81 Cost Per Unit 16.21

Cost Per Unit 14.81 Cost Per Unit 16.21

Mark Up (100%) 14.81 Mark Up (100%) 16.21

Selling Price 29.62 Selling Price 32.42

SRP 30 SRP 35

MARKETING AND ADVERTISING EXPENSES

PARTICULARS QUANTITY UNIT PRICE TOTAL COST
Tarpaulin 1 30.00 30.00
Flyers 50 1.00 50.0
TOTAL COST 80.00

BRACELET ACTUAL OF SALES ( PER DAY)

DAY Quantity Sold Unit Price Total Cost
Day 1 58 30.00 1,740
Day 2 80 30.00 2,400
Day 3 56 30.00 1,680
TOTAL 5,820
 KEYCHAIN ACTUAL OF SALES ( PER DAY)
DAY Quantity Sold Unit Price Total Cost
Day 1 65 35 2,275
Day 2 45 35 1,580
Day 3 66 35 2,310
TOTAL 6,165

BRACELET COST OF GOODS SOLD( PER DAY)

DAY Quantity Sold Unit Price Total Cost
Day 1 58 14.81 858.98
Day 2 80 14.81 1,184.8
Day 3 56 14.81 829.36
TOTAL 2,874.14

KEYCHAIN COST OF GOODS SOLD ( PER DAY)

DAY Quantity Sold Unit Price Total Cost
Day 1 65 16.21 1,053.65
Day 2 45 16.21 729.45
Day 3 66 16.21 1,069.86
TOTAL 2,852.96
 INCOME STATEMENT
Sales 11,985.00
Less: Cost of Good Sold 5,727.1
Gross Profit 6,257.9

Less: Marketing and Advertising Expenses 80.00

Less: CBEX (10% Share) 1,198.5
Less: Operating Expense
NET INCOME 5,473.36