Projected Revenue 4
Projected Revenue 4
Projected Revenue 4
.
MULTIPLE
CHOICE:Let us
see what you
already know
about forecasting
revenues and
costs.
.
1. This refers to the
amount added to the
cost of a product to
determine the selling
price.
a. Revenue
b. Cost
c. Mark Up .
d. Mark Down
1. This refers to the
amount added to the
cost of a product to
determine the selling
price.
a. Revenue
b. Cost
c. Mark Up .
d. Mark Down
2. It is a planning tool
that helps the
entrepreneur copes with
uncertainties in the
future operation of the
business.
a. Revenue
b. Selling
c. Benchmarking .
d. Forecasting
2. It is a planning tool
that helps the
entrepreneur copes with
uncertainties in the
future operation of the
business.
a. Revenue
b. Selling
c. Benchmarking .
d. Forecasting
3. Aling Elvie sells t-
shirt at 175.00 pesos
each. If each t-shirt
costs 135.00 pesos,
how much is the mark-
up?
a. 30.00
b. 45.00
c. 40.00
.
d. 50.00
3. Aling Elvie sells t-
shirt at 175.00 pesos
each. If each t-shirt
costs 135.00 pesos,
how much is the mark-
up?
a. 30.00
b. 45.00
c. 40.00
.
d. 50.00
4. Mang Berting is a fruit
vendor selling at the local
public market. He gets his
mangoes from a supplier at
25 pesos per kilo and sells it
at 45 pesos per kilo to
his customers. How much
mark-up is Mang Berting
adding to his selling price?
a. 25.00
b. 30.00
c. 15.00
d. 20.00 .
4. Mang Berting is a fruit
vendor selling at the local
public market. He gets his
mangoes from a supplier at
25 pesos per kilo and sells it
at 45 pesos per kilo to
his customers. How much
mark-up is Mang Berting
adding to his selling price?
a. 25.00
b. 30.00
c. 15.00
d. 20.00 .
RECORD YOUR
SCORES
.
PROJECTED
REVENUE
.
Revenue is a result when
sales exceed the cost to
produce goods or
render the services.
Revenue is recognized
when earned, whether
paid in cash
or charged to the account
of the customer.
Other terms related to
revenue include
Sales and Service Income.
Sales is used especially
when the nature of business
is merchandising or
retailing, while Service
Income is used to record
revenues
earned by rendering
services.
SEATWORK#
400.00
FIRST UP 16
CONSULTANTS
150.00
400.00
1086.00
FIRST UP 17
CONSULTANTS
READ AND
UNDERSTAND
THE SITUATION:
Ms. Fashion Nista recently
opened her dream business and
named it Fit Mo’to Ready to Wear
Online Selling Business, an
online selling business which
specializes in ready to wear
clothes for teens and young
adults.
Based on her initial interview
among several online selling
businesses, the average number
of t-shirts sold every day is 10
and the average pair of fashion
jeans sold every day is 6.
From the information gathered,
Ms. Nista projected the
revenue of her Fit Mo’to Ready
to Wear Online Selling
Business.
She gets her supplies at a local
RTW dealer in the city. The
cost per piece of t-shirt is 90
pesos, while a pair of fashion
jeans costs 230 pesos per
piece. She then adds a 50
percent mark up to every piece
of RTW sold.
Mark up refers to the amount
added to the cost to come up with
the
selling price. The formula for
getting the mark up price is as
follows:
Mark Up Price = ( Cost x
Desired Mark Up Percentage)
Mark Up for T-shirt = ( 90.00 x
.50)50%
Mark Up for T-shirt = 45.00
In calculating for the selling
price, the formula is as follows:
? ?
PROJECTED DAILY REVENUE
FORMULA:
PDR = SELLING PRICE X
PROJECTED
VOLUME(AVERAGE NO. OF
ITEMS SOLD DAILY)
CONTINUATION
SEATWORK#
.
.
.
.
10 %
.
.
5% 5-6 % 10 %
decrease increase increase
.
.
10%
increase
.
QUIZ #
FIRST UP 63
CONSULTANTS
FIRST UP 64
CONSULTANTS
FIRST UP 65
CONSULTANTS
FIRST UP 66
CONSULTANTS
PREPARE THE
FOLLOWING
AFTER SELLING :
FIRST UP 67
CONSULTANTS
PREPARE THE FOLLOWING:
1.DAILY
EXPENSES like
WEEKLY
EXPENSES
FIRST UP 68
CONSULTANTS
150.00
400.00
1086.00
FIRST UP 69
CONSULTANTS
PREPARE THE FOLLOWING:
2. ROLES AND RESPONSIBILITY
FOR THE DAY
NAME OF ROLES (THUR./
MEMBERS DEC.1)
3. DAILY REVENUE
DATE:
NUMBER OF PRODUCT
PRODUCE:
SELLING PRICE:
SALES FOR THE DAY:
FIRST UP 71
CONSULTANTS
FIRST UP 72
CONSULTANTS
SEATWORK #
COMPLETE THE
PROJECTED REVENUE
OF THE FOLLOWING
PRODUCTS.
FIRST UP 73
CONSULTANTS
FIRST UP 74
CONSULTANTS
FIRST UP 75
CONSULTANTS