Income Statement Of 1oo Katsa Bags

Families and Children for Empowerment And Development Foundation 229O President Quirino Ave., Paco, Manila Date: October 30, 2008

ANNEX K

Income Statement of 1OO pcs. Katsa Bags with Silk Screen Printing Sales: Katsa Bags Less: Returns Total Sales: Cost of Production: Materials: Katsa Cloth Nylon Strap Thread

1OO pcs x Php1OO.OO

5O yards x Php 55.OO

Php 1O,OOO.OO ________O_____ Php 1O,OOO.OO

Php Php Php

2,75O.OO 385.OO 18O.OO

Silk Screen printing: Frame 1pcs x Php 5OO.OO Printing 1OO pcs x Php 2O.OO

Php 5OO.OO Php 2,OOO.OO

Labor Cost: Cutting Sewing Edging

Php 5OO.OO Php 1,OOO.OO Php 5OO.OO

1OO pcs x Php 5.OO 1OO pcs x Php 1O.OO 1OO pcs x Php 5.OO

Packaging: Boards Board papers Abacca Rope Transportation Expense: Purchase materials Quality Checking Delivery Net Income:

Php Php Php

78.OO 77.OO 1OO.OO

Php Php Php

35O.OO 15O.OO 2OO.OO Php 8,77O.OO Php 1,23O.OO

Prepared by:

Noted by:

Albert Edquila MED Program FCED Foundation

Norilix Mansos Project Manager FCED Foundation