Dragon Ball Income Statement

dragonball corp income statement for the year ended june 30 200x SALES php LESS COGMS NOTE 1 GROSS PROFIT LESS OPEX note 4&5 net loss fr oper add other inc 15000 other exp -7000 net loss note 1 Computation COGMS Raw mats invty jan 1 add purchases (net) note 2 less raw mat s end raw mats used direct labor foh note 3 manufacturing cost add w/p beg total goods placed in process less w/p end cost of goods mfd add fg invty beg tgas less fg end invty cogms

200000 -168000 32000 -47000 -15000 8000 -7000

note 2 computation purchases fi

10000 47000 57000 -6000

note 4 computation of selling expense advertising 5000

51000 49000 43000 143000 20000 163000 -15000 148000 30000 178000 -10000 168000

less pra pd net purchases

note 3 computation factory supplies dep-factory machin indirect labor other fact oh total

note 5

commission other selling exp total

2000 12000 19000

note 2 computation of net purchases purchases 50000 5000 55000 less pra 4000 4000 8000 net purchases 47000 note 3 computation of foctory overhead factory supplies 10000 dep-factory machine 5000 indirect labor 20000 other fact oh 8000 43000

comp of adm and gen exp. ofc salaries 10000

bad debts other gen exp total

10000 8000 28000