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October 2023 Income Statement Summary

The document contains income statements for Food Delights Inc. for October 2023, including statements for individual products like Graham Balls, Macaroni Salad, and Pancit Bihon, as well as a consolidated statement for the month. The statements show sales, costs of goods sold, gross income, and net income for each period.

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68 views3 pages

October 2023 Income Statement Summary

The document contains income statements for Food Delights Inc. for October 2023, including statements for individual products like Graham Balls, Macaroni Salad, and Pancit Bihon, as well as a consolidated statement for the month. The statements show sales, costs of goods sold, gross income, and net income for each period.

Uploaded by

202120609
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Food Delights Inc.

Group 7

Barluado, Reneiel
Diocarisa, Jay R
Japay, Keneth Jay
Palay, Bea
Food Delights Inc.
Income Statement for October 02, 2023
Product: Graham Balls

Net Sales ₱ 420.00


Less: Cost of Good Sold
1/4 Skim Milk ₱ 75.00
1Pck kikiam plate ₱ 17.00
3 Graham crushed 200g ₱ 133.50
1 Daisy Condensada 1kg ₱ 144.75
Total Cost of Good Sold ₱ (370.00)
Gross Income ₱ 50.00
LESS: OPERATING INCOME ₱ -
Net Income ₱ 50.00

Food Delights Inc


Income Statement for October 23-24, 2023
Product: Macaroni Salad

Sales ₱ 1,200.00
Less: Cost of Good Sold
Fruit Cocktail ₱ 174.00
Condensed Milk ₱ 47.75
Kremdensada ₱ 61.75
Macaroni ₱ 75.00
Cheese ₱ 55.00
Mayonnaise ₱ 50.00
Plastic Cups ₱ 50.00
Total Cost of Good Sold ₱ 514.00
Gross Sales ₱ 687.00
Less: Operating Income ₱ -
Net Income ₱ 687.00
Food Delights
Income Statement for October 26,2023
Product: Pancit Bihon

Sales ₱ 1,200.00
Less: Cost of Good Sold
Bihon 1kg ₱ 80.00
Gulay ₱ 100.00
Manok ₱ 86.00
Seasonings ₱ 82.00
Kikiam ₱ 55.00
Tableware ₱ 74.00
Total Cost of Good Sold ₱ 477.00
Gross Sales ₱ 723.00
Less: Operating Income ₱ -
Net Income ₱ 723.00

Food Delights Inc.


Income Statement for the month of October 2023

Sales ₱ 2.820.00
Less: Cost of Good Sold ₱ 1,361.00
Gross Sales ₱ 1,459.00
Less: Operating Income ₱ -
Net Income ₱ 1.459.00

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