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  • Computing Cost and Profit

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    Chrizlennin Mutuc
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    The document outlines the steps to compute the costs and profits of planting, harvesting, and selling crops. It includes: 1) Making a list of all preparation expenses, 2) Listing harvesting, storing, and marketing expenses, 3) Totaling all expenses, 4) Calculating total income from crop sales, and 5) Deducting total expenses from total income to determine profits. An example is provided where total expenses of PHP 4,500 are subtracted from total income of PHP 9,200, resulting in a profit of PHP 4,700.

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    Computing cost and Profit

    Original Title

    Computing cost and Profit

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    The document outlines the steps to compute the costs and profits of planting, harvesting, and selling crops. It includes: 1) Making a list of all preparation expenses, 2) Listing harvesting, storing, and marketing expenses, 3) Totaling all expenses, 4) Calculating total income from crop sales, and 5) Deducting total expenses from total income to determine profits. An example is provided where total expenses of PHP 4,500 are subtracted from total income of PHP 9,200, resulting in a profit of PHP 4,700.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    4 views7 pages

    Computing Cost and Profit

    Uploaded by

    Chrizlennin Mutuc
    The document outlines the steps to compute the costs and profits of planting, harvesting, and selling crops. It includes: 1) Making a list of all preparation expenses, 2) Listing harvesting, storing, and marketing expenses, 3) Totaling all expenses, 4) Calculating total income from crop sales, and 5) Deducting total expenses from total income to determine profits. An example is provided where total expenses of PHP 4,500 are subtracted from total income of PHP 9,200, resulting in a profit of PHP 4,700.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 7

    Prepared by:

    Zseira Zyanele I. Mutuc


    • The time to compute the cost of
    planting, caring, harvesting and
    marketing of the crops is after
    they have been sold in the
    market.
    • Then the amount earned from
    selling and the profit earned are
    computed next. The following
    steps should be done.
    1. Make a list of all the expenses incurred in
    the preparation.
    2. List down expenses such as the cost of
    labor, equipment, and etc.

    Example : A. Preparation

    -Seedlings Php 600.00


    -Containers 300.00
    -Equipment and Tools 350.00
    -Fertilizers and others 250.00
    -Wages 600.00

    TOTAL Php 2,100.00


    3. List down also the expenses in marketing,
    storing and transporting of products to the
    market.

    Example:
    B. Harvesting, Storing and Marketing

    -Sales/Wages Php 1,000.00


    -Containers 400.00
    -Equipment and Tools 400.00
    -Transport 600.00

    TOTAL Php 2,400.00


    4. Total all the expenses.

    Example:

    A. Preparation ……………………………… P 2,100.00


    B. Harvesting, Storing and Marketing …. P 2,400.00

    TOTAL Php 4,500.00


    5. Make a total of the amount earned in
    selling the products.
    6. Deduct the total expenses from the total
    income.
    Example:

    Total Income : 9,200.00


    Total Expenses : 4,500.00
    INCOME
    9,200.00
    Carrots – 3,000.00
    - 4,500.00
    Cabbage – 2,000.00
    Broccoli – 4,200.00
    Php 4,700.00
    TOTAL: Php 9,200.00
    Note: The remaining amount
    is the profit earned

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