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    Nov. 28, 2018 - Barbeque

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    Aguilon Layto Wendy
    The document summarizes the purchases, inventory, sales, and costs of goods sold for a barbeque. It shows that raw materials costing ₱440 were purchased on November 28, manufactured into 123 pieces which were sold for ₱615, resulting in a gross margin of ₱175. The cost of goods manufactured and sold was ₱440.

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    Nov. 28, 2018 - Barbeque

    Uploaded by

    Aguilon Layto Wendy
    73 views3 pages
    The document summarizes the purchases, inventory, sales, and costs of goods sold for a barbeque. It shows that raw materials costing ₱440 were purchased on November 28, manufactured into 123 pieces which were sold for ₱615, resulting in a gross margin of ₱175. The cost of goods manufactured and sold was ₱440.

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    NOV. 28, 2018--BARBEQUE.docx

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    The document summarizes the purchases, inventory, sales, and costs of goods sold for a barbeque. It shows that raw materials costing ₱440 were purchased on November 28, manufactured into 123 pieces which were sold for ₱615, resulting in a gross margin of ₱175. The cost of goods manufactured and sold was ₱440.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    73 views3 pages

    Nov. 28, 2018 - Barbeque

    Uploaded by

    Aguilon Layto Wendy
    The document summarizes the purchases, inventory, sales, and costs of goods sold for a barbeque. It shows that raw materials costing ₱440 were purchased on November 28, manufactured into 123 pieces which were sold for ₱615, resulting in a gross margin of ₱175. The cost of goods manufactured and sold was ₱440.

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    BARBEQUE

    Schedule of Purchased

    DATE QUANTITY UNIT DESCRIPTION UNIT PRICE TOTAL AMOUNT

    NOVEMBER 28, 2018 2 pcs. BBQ SPECIAL MIX ₱ 14.00 ₱ 28.00


    NOVEMBER 28, 2018 1 pcs. SILVER SWAN SUKA ₱ 4.00 ₱ 4.00
    NOVEMBER 28, 2018 1 pcs. SLIVER SWAN TOYO ₱ 5.00 ₱ 5.00
    NOVEMBER 28, 2018 1 pack OIL ₱ 8.00 ₱ 8.00
    NOVEMBER 28, 2018 1 pack PEPPER POWDER ₱ 5.00 ₱ 5.00
    NOVEMBER 28, 2018 2 packs ULING ₱ 20.00 ₱ 40.00
    NOVEMBER 28, 2018 1 bundles TIRUNGAN ₱ 10.00 ₱ 20.00
    NOVEMBER 28, 2018 1.5 kls. PORK ₱ 220.00 ₱ 330.00

    Raw Materials Inventory

    DATE ITEMS BEGINNING IN OUT BALANCE


    NOVEMBER 28, 2018 BBQ SPECIAL MIX 2 pcs. 2 pcs. 0
    NOVEMBER 28, 2018 SILVER SWAN SUKA 1 pcs. 1 pcs. 0
    NOVEMBER 28, 2018 SLIVER SWAN TOYO 1 pcs. 1 pcs. 0
    NOVEMBER 28, 2018 OIL 1 pack 1 pack 0
    NOVEMBER 28, 2018 PEPPER POWDER 1 pack 1 pack 0
    NOVEMBER 28, 2018 ULING 2 packs 2 packs 0
    NOVEMBER 28, 2018 TIRUNGAN 1 bundles 1 bundles 0
    NOVEMBER 28, 2018 PORK 1.5 kls. 1.5 kls. 0

    Schedule of Sales

    DATE UNIT UNIT OF SALES PRICE AMOUNT

    NOVEMBER 28, 2018 123 PCS. ₱ 5.00 ₱ 615.00


    TOTAL: ₱ 615.00
    COST OF GOODS MANUFACTURED

    Direct Materials

    Raw Materials Inventory, beg. ---

    Add: Materials Purchased ₱ 440.00

    Total Raw Materials ₱ 440.00

    Less: Raw Materials Inventory, end ( --- )

    Total Raw Materials Available for Use ₱ 440.00

    Direct Labor ---

    Manufacturing/Factory Overhead

    Indirect Materials ---

    Total Factory Overhead --- _

    Total Manufacturing Cost ₱ 440.00

    Add: Work in Process Inventory, beg. __ ---__ _

    Total Goods in Place ₱ 440.00

    Less: Work in Process Inventory, end ( --- )

    Total Cost of Goods Manufactured ₱ 440.00


    COST OF GOOD SOLD

    Finished Goods Inventory, beg. ---


    Add: Cost of Goods Manufactured ₱ 440.00
    Goods Available for Sale ₱ 440.00
    Less: Finished Goods Inventory ( --- )
    Total Cost of Goods Sold ₱ 440.00

    STATEMENT OF COMPREHENSIVE INCOME


    (2018)

    Revenue
    Sales (123 pcs. @ ₱5.00 ) ₱ 615.00
    Cost of Goods Sold
    Finished Goods Inventory, beg. ---
    Add: Cost of Goods Manufactured ₱ 440.00
    Goods Available for Sale ₱ 440.00
    Less: Finished Goods Inventory ( --- ) ₱440.00
    Gross Margin ₱ 175.00
    Operating Expenses
    Selling Expenses ---
    Administrative Expenses _ ---___
    TOTAL OPERATING EXPENSES _ ---___

    NET INCOME ₱ 175.00

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