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    WhiteValley Ice Co. Forecasted Income Statement

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    WhiteValley Co. produces ice tubes with a maximum monthly capacity of 3,000 kgs per 24 hours. An income statement projects monthly sales of ₱900,000, with monthly costs of ₱32,490 for 3 personnel's labor and ₱82,181.25 for electricity. This results in projected yearly gross profit of ₱9,423,945 from ice tube sales, assuming 100% production and sales.

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    WhiteValley Ice Co. Forecasted Income Statement

    Uploaded by

    ARIS
    21 views1 page
    WhiteValley Co. produces ice tubes with a maximum monthly capacity of 3,000 kgs per 24 hours. An income statement projects monthly sales of ₱900,000, with monthly costs of ₱32,490 for 3 personnel's labor and ₱82,181.25 for electricity. This results in projected yearly gross profit of ₱9,423,945 from ice tube sales, assuming 100% production and sales.

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    WhiteValley Ice Co. Forecasted Income Statement.xlsx

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    WhiteValley Co. produces ice tubes with a maximum monthly capacity of 3,000 kgs per 24 hours. An income statement projects monthly sales of ₱900,000, with monthly costs of ₱32,490 for 3 personnel's labor and ₱82,181.25 for electricity. This results in projected yearly gross profit of ₱9,423,945 from ice tube sales, assuming 100% production and sales.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    21 views1 page

    WhiteValley Ice Co. Forecasted Income Statement

    Uploaded by

    ARIS
    WhiteValley Co. produces ice tubes with a maximum monthly capacity of 3,000 kgs per 24 hours. An income statement projects monthly sales of ₱900,000, with monthly costs of ₱32,490 for 3 personnel's labor and ₱82,181.25 for electricity. This results in projected yearly gross profit of ₱9,423,945 from ice tube sales, assuming 100% production and sales.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 1

    WhiteValley Co.

    MAXIMUM PRODUCTION CAPACITY OF ICE TUBE MACHINE: 3,000 KGS per 24 HRS

    PROFORMA INCOME STATEMENT


    *Assumption Machine is producing 100% and selling 100%
    MONTHLY
    Sales (3,000 x 30 days x P10) 900,000
    Less: CGS
    (1)Direct Labor for 30 days (3 personnel) 32,490
    (2)Factory Overhead (electricity Consumption) 82,181.25
    Gross Profit 785,328.75 x 12 months = Yearly Gross Profit
    Less: Operating Expenses 9,423,945.00

    (1)Min. Wage for Class B Cities-P361 source:https://cebudailynews.inquirer.net/279526/dole-7-


    urges-employers-to-implement-new-minimum-wage#:~:text=Wage%20Order%20No.,P356%20for
    %20Class%20C%20municipalities.

    (2)Electicity consumption per 1 ton is 75kw/h x Cebu City (P11.7286 per kWh) source2019:
    https://www.sunstar.com.ph/article/1833521/Cebu/Business/High-power-costs-still-a-challenge-
    for-businesses#:~:text=86%20per%20kWh)%3B%20Cebu,kWh)%3B%20Tacloban%20City%20(P8.

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