8/2/2019 Financial Report - Omg

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FINANCIAL REPORT (OMG! POLVORUN!)Carisma, Cacanando, Santos, Sosa, Remulla, Suh, Tanjuatco

INGREDIENT/MATERIAL COST (PHILIPPINE PESO)Gold Medal flour (800 grams) 93.80

Bear Brand powdered milk (300 grams) 89.25Anchor butter (227 grams) 99.00

Hermano white sugar (1 kilo) 42.95Oreo cookies (137 grams) 33.30

Japanese paper for packaging (3 pieces) 7.0010 gallons of water (5 for water, 5 for iced tea) 70.0020 sachets of iced tea packs for the 5 gallons 170.00

10 blocks of ice (5 for each of the water dispensers) 30.00Plastic cups (50 pieces) 64.00

Tarpaulin (for the stall logo) 200.00Power costs 100.00

Labor cost No labor costTwo used water dispensers No cost

TOTAL 999.30 1000.00

The power and tarpaulin costs shall be covered by all the products (the polvoron, the plain water, andthe plain iced tea)

POLVORON

Gold Medal flour (800 grams) 93.80Bear Brand powdered milk (300 grams) 89.25

Anchor butter (227 grams) 99.00Hermano white sugar (1 kilo) 42.95

Oreo cookies (137 grams) 33.30Japanese paper for packaging (3 pieces) 7.00

Tarpaulin 100.00Power cost 50.00

TOTAL COST OF PRODUCTION 515.30These can make approximately 75 original and oreo flavored polvoron pastries each.

Pricing costs:ORIGINAL FLAVORED POLVORON

. . . .93 80 89 25 99 00 42 95 7 100 50241

2Php

production cost for original polvoron

Applying 50% mark-up:

( . ) .241 241 0 5 361 50Php

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For the unit price per polvoron:

..

361 54 82

75Php

OREO-FLAVORED POLVORON

. . . .. .

93 80 89 25 99 00 42 95 7 100 50241 33 3 274 3

2Php Php

production cost for

oreo-flavored polvoron

Applying 50% mark-up:

. . ( . ) .274 3 274 3 0 5 411 45Php

For the unit price per polvoron:

.. .

411 455 486 5 49

75Php Php

For the drinks, we will sell with plastic cups but we will also provide refills once the cups run out.

PLAIN WATER

5 gallons of water 35.005 blocks of ice 15.00

Plastic cups (25 pieces) 32.00Tarpaulin (for the stall logo) 50.00

Power costs 25.00TOTAL COST OF PRODUCTION

(approximately makes 75 250 mL servings) 157.00

Pricing costs:FOR DRINKS WITH CUPS (25 out of 75 servings):

.35 15 50 25 125

41 67 323 3

(price for cups) = .73 67Php cost of production for drinks with

cups

Applying 50% markup:

. . ( . ) .73 67 73 67 0 5 110 5Php

For the unit price per drink:

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..

110 54 42

25Php

FOR REFILL DRINKS (50 out of 75 servings):

.235 15 50 25 83 333 Php cost of production for refill drinks (without cups)

Applying 50% markup:

. . ( . )83 33 83 33 0 5 125Php

For the unit price per drink:

.125

2 5050

Php

ICED TEA

5 for iced tea 35.005 blocks of ice 15.00

20 sachets of iced tea packs for the 5 gallons 170.00Plastic cups (25 pieces) 32.00

Tarpaulin (for the stall logo) 50.00Power costs 25.00

TOTAL COST OF PRODUCTION(approximately makes 75 250 mL servings)

327.00

FOR DRINKS WITH CUPS (25 out of 75 servings):

.35 15 170 50 25 295

98 33 323 3

(price for cups) = .130 33Php cost of production for drinks

with cups

Applying 50% markup:

. . ( . ) .130 33 130 33 0 5 195 50Php

For the unit price per drink:

..

195 507 82

25Php

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FOR REFILL DRINKS (50 out of 75 servings):

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35 15 170 50 25 196 673

Php

cost of production for refill drinks (without cups)

Applying 50% markup:

. . ( . )196 67 196 67 0 5 295Php

For the unit price per drink:

.195

5 9050

Php

TOTAL COSTS AND PROFIT:

Sales from polvoron (original) P5 75 5 = 375Sales from polvoron (oreo-flavored) P8 75 8 = 600

Sales from water (with cups) P5 5 25 = 125Sales from water (with refills) P3 3 75 = 225

Sales from iced tea (with cups) P8 8 25 = 200Sales from Iced tea (with refills) P6 6 75 = 450

TOTAL INCOME with estimation from prices 1975TOTAL COST 999.30

Profit 975.70 or 97.64% profit** profit was a lot higher than expected because of the estimations of the different unit prices