HPRIECO
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![Page 1: HPRIECO](https://reader036.fdocuments.in/reader036/viewer/2022062819/563dbb25550346aa9aaaa2c1/html5/thumbnails/1.jpg)
NATIONAL UNIVERSITY
ENGINEERING ECONOMY AND TAXATION BUSINESS DOCUMENTATIONLEADER: JR
MEMBERS:
CJ
JACINTO
RON
JENI
MAPOYARVIE
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PRODUCT:
GRAHAM BALLS
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GOAL:
•To make, produce and earn a profit by selling Graham Balls.
•To gain some money by selling to the people, who like it.
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THE PRODUCTION
With the contribution gathered to each group member of about 80php-100 php each, only 500php was spent for the production.
The initial cost is 500 php.
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THE PRODUCTION
A. One group member bought all the needed materials, having the variable cost of transportation fees and other amount used for the production such as the energy and the tools.
PROCEDURE:
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THE PRODUCTIONOne group member produced the product in his own place.
Steps of making the product:
1. First, set the tray to put the graham balls together.
2. Second, prepare the ingredients.
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THE PRODUCTIONOne group member produced the product in his own place.
Steps of making the product:3. Third, put some condensed milk to the bowl and mix with crushed graham.
4. Fourth, put the marshmallow and rolled into small pieces of balls.
5. Fifth, refrigerate and put to the small trays.
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THE SELLINGC. Then, the product was sold. We started selling little bit late, but we manage to catch up. It was sold by the members who were available in a certain day.
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THE PROFIT
• In order to compute whether Loss/Profit, use this formula:
π=TC-TRwhere: TC-Total Cost
TR-Total Revenue
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THE PROFIT
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THE PROFIT
Ingredient QuantityCrushed Graham 6 packsAngel Condensada 4 cansMarshmallow 1 pack
List of Ingredients
Total CostTotal Revenue 500 PHP
675 PHP
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CONCLUSIONSo far, we spent 500 php for the ingredients, and agreed at the selling price of 5 php per graham ball. We gained the total amount of 675 php.
And as we compute whether we gain or loss, here’s the result:
π =675-500 =175 php
We never thought that our efforts will be positive but as shown in the computation, we gained a total amount of 175 php.