Particulars Gross Sales Less: Projected Income Statement Direct Materials Direct Labor Overhead Expenses Total Manufacturing Cost Gross Profit Less: Selling and Administrative Expense Net Profit Amount Php 10,800 Php 3,389.22 Php, 0.00 Php 1.280.00 Php 4669.22 Php 6,130.00 Php 0.00 Php 5517.00
Particulars Gross Sales Less: Projected Income Statement Direct Materials Direct Labor Overhead Expenses Total Manufacturing Cost Gross Profit Less: Selling and Administrative Expense Net Profit Amount Php 10,800 Php 3,389.22 Php, 0.00 Php 1.280.00 Php 4669.22 Php 6,130.00 Php 0.00 Php 5517.00
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
describe our projected business plan, is there net income or net loss, will our business gain more profit, yes or no and why, explain everything

Transcribed Image Text:Particulars
Gross Sales
Less:
Projected Income Statement
Direct Materials
Direct Labor
Overhead Expenses
Total Manufacturing Cost
Gross Profit
Less: Selling and Administrative
Expense
Net Profit
Amount
Php 10,800
Php 3,389.22
Php, 0.00
Php 1.280.00
Php 4669.22
Php 6,130.00
Php 0.00
Php 5517.00
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