Food Delights Inc.

Group 7

Barluado, Reneiel
Diocarisa, Jay R
Japay, Keneth Jay
Palay, Bea
Introduction
Food Delights Incorporated was established in October 2023, are business
minded marketing students who focuses on selling home-made food products.
We initially decided to focus on selling sweets and snacks and later variates
the options. We do direct selling and online postings to reach target
customers.
The products that we sell are the following;
 GRAHAM BALLS
On the first day of our selling, we’ve decided to sell graham balls as we
thought that it will be patronize by the students and instructors inside
PSU. We made two variants of graham balls, coated with milk and
coated with pure crushed grahams. We were able to produce 70 pieces
of graham balls and yield ₱420 net sales and ₱50 pesos’ net income.

 MACARONI SALAD
On the second day of our selling, we’ve decided to make macaroni
salad with the hope of generating higher income. Although we are
aware that there is a less demand for sweet products, we are
determined to try if this works out. With the total production cost of
₱514 we are able to produce 60 pieces of macaroni salad which we
sell for ₱20 each and eventually generated ₱687 net income from
₱1,200 gross sales.
 PANCIT BIHON
On our third and last day of selling which happens on October 26,
2023, we sell pancit bihon to vary our product line and target students
and instructors who’s about to lunch in the early afternoon. We were
able to produce 30 pieces of pancit bihon which we placed in a styro
food plates. We generate a net income of ₱723 from ₱1,200 gross
sales.
INCOME STATEMENT
In this section, the income gained for the month of October 2023 was
presented herein;
Food Delights Inc.
Income Statement for October 02, 2023
Product: Graham Balls

Net Sales ₱ 420.00

Less: Cost of Good Sold
1/4 Skim Milk ₱ 75.00
1Pck kikiam plate ₱ 17.00
3 Graham crushed 200g ₱ 133.50
1 Daisy Condensada 1kg ₱ 144.75
Total Cost of Good Sold ₱ (370.00)
Gross Income ₱ 50.00
LESS: OPERATING INCOME ₱ -
Net Income ₱ 50.00

On our first day of selling, the ₱400 capital was decided to produce
graham balls. We were able to make 70 pieces of graham balls which we sell
for ₱6 each and yield a net income of ₱50

Food Delights Inc

Income Statement for October 23-24, 2023
Product: Macaroni Salad

Sales ₱ 1,200.00
Less: Cost of Good Sold
Fruit Cocktail ₱ 174.00
Condensed Milk ₱ 47.75
Kremdensada ₱ 61.75
Macaroni ₱ 75.00
Cheese ₱ 55.00
Mayonnaise ₱ 50.00
Plastic Cups ₱ 50.00
Total Cost of Good Sold ₱ 514.00
Gross Sales ₱ 687.00
Less: Operating Income ₱ -
Net Income ₱ 687.00
 On our second selling, we were able to sold 60 pieces of macaroni which
we sell for ₱20 each and generated a sale of ₱1,200. A total of ₱514 is the
cost of making macaroni and ₱687 net income was generated.
Food Delights
Income Statement for October 26,2023
Product: Pancit Bihon

Sales ₱ 1,200.00
Less: Cost of Good Sold
Bihon 1kg ₱ 80.00
Gulay ₱ 100.00
Manok ₱ 86.00
Seasonings ₱ 82.00
Kikiam ₱ 55.00
Tableware ₱ 74.00
Total Cost of Good Sold ₱ 477.00
Gross Sales ₱ 723.00
Less: Operating Income ₱ -
Net Income ₱ 723.00

On our third and last selling, we were able to sold 30 pieces of pancit
bihon which we sell for ₱50 each and generated a sale of ₱1,200. A total of
₱477 is the cost of making pancit bihon and ₱723 net income was generated.

Food Delights Inc.

Income Statement for the month of October 2023

Sales ₱ 2.820.00
Less: Cost of Good Sold ₱ 1,361.00
Gross Sales ₱ 1,459.00
Less: Operating Income ₱ -
Net Income ₱ 1,459.00

Over the course of the month, we were able to generate a sale of ₱2,820
from which ₱1,361 was the cost of producing the products including the
packaging and ingredients used. After deducting the cost of goods sold, we
were able to generate ₱1,459 net income.

REFLECTION FROM THE SELLING ACTIVITY

Over the course of the selling activity, not only we were able to do the actual
retailing and generate revenue from it, we also learned life lessons from which
we will discussed individually in this paper.

“Sa ilang linggo naming pagbebenta i learned a lot about marketing

strategy to earn money easily and to sell the product to the costumer
and this kind of selling food product to our fellow students and
classmate we learn how to handle the costumer and improving my self-
confidence para makipag usap sa costumer to make sales talk one of i
learned in our selling especially on how to convince them to buy our
product and to get back profit high and also gaining customer loyalty to
buy our product because habang nagbebenta kami ng paulit ulit
napapansin ko na mas bumabago yong way of communication namin sa
customer on how to sell our product the way po convincing them is hindi
na masyadong kailangan because nakuha na namin yong loyalty nila
samin because of our product they buy that are good and also
affordable price because in selling i learned a lot of this because not
only in malaking kita but we need to focus to find a customer more and
buying our product without hesitation to think if this are good or meron
bang benefits to them or wala ba dahil in selling a lot of different in terms
of communicating customer to earn tubo even thought if it is high or low
but we gain customers more because of product they want and afford
price them”- BARLUADO, RENEIELE

“The selling activity was indeed fun and full of lessons. We started with
almost a zero income on our first day of selling because of our imperfect
decision making and it was one of the best lessons I learned in a
business to always ensure that you mark up your retail prices to offset
the expenses you had when creating the product. Honestly, the selling
activity was really of out my league and it is something that I am not
really good at, and so we also had hard time in getting sales in just a
day. Now, I realized that business was really about being passionate
and determined in selling and communicating with people, it is always
important that you give them good impression and left them with good
impression too. The quality of the product you make reflects the
credibility of your business, we had received some negative feedbacks
from our products and we take them not as a negative one but a positive
because it gives us way on what to improve. Decision making was very
crucial in a retail business, it drives the operations so any wrong move
will be a ripple effect to the rest of the process. In our selling activity, we
really had a number of conflicting ideas but we were able to address it
by evaluating each ideas, in partnership businesses like I us I wonder
how do they able to arrive at decisions that fosters fair and healthy
partnership. Moreover, the selling activity has brought me a realization
that retail wasn’t really easy, and making a money out of it was made
from a chain of risks and strategic decisions.”- DIOCARISA, JAY R

“last week we have an activity which is we experienced selling different

kinds of food on campus, i learned from our experience that selling is
not easy. Kailangan marunong makipagusap at maconvince yung
costumer to buy our product. And also, we need to be more confident to
talk in-front of our customers. Being seller is kailangan din magkaroon
ng time management and team work para maging successful ang
pagikot ng business”- PALAY, BEA

“Reflecting from the selling activity, I realized that selling was really
about convincing customers to buy your products. Business is really
about convincing customers to make business with you, or to buy your
products, or to avail your services, and if you were not convincing
enough, they might not buy. And so, communicating in convincing
manner to the customers should always be one of the priorities, and as
for someone like me who’s not really good at communication skills, I find
the activity really hard. However, if some can why can’t I?, I think it’s
 also about believing in yourself and in your co-partners in the business.
Business isn’t a one day millionaire scenario, a lot of risks takes and
because of this activity I realized to always strive harder because good
thing comes to those who wait patiently.”-JAPAY, KENETH JAY

DOCUMENTATION