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Statement of Cost of Goods Manufactured

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Statement of Cost of Goods Manufactured
For the year ended December
Direct Material Used:
Raw Materials Purchased
P 0.00
Less Raw Materials Used
P 0.00
Direct Labor
P 0.00
Manufacturing Overhead:
Indirect Labor
- Bracelet
(2pcs)
- OPP Plastic w/ Adhesive
- Sticker logo
P 30.00
(1 pack)
(1pcs)
Total Manufacturing Cost:
Cost of Goods Manufactured:
P 75.00
P 5.00
P 125.00
P 125.00
PORTFOLIO
IN
ENTREPRENEURSHIP
ENTREPRENEURSHIP
SUBMITTED BY:
Fernandez, Charlottemaeanne
Lasutan, Kristian Paul
Fortuna, Xyra Miles
Torino, Roshaine M.
Lacerona, Jamaica
Villarente, Jenna
Samirun, Dana
Alkaizar, Yaz
Serbella, Aj
SUBMITTED TO:
James Florence A. Cabral
Instructor
I. INTRODUCTION
Entrepreneurship
1
II. BACKGROUND OF MERCHANDICE
History of Bracelet
2
III. EVIDENCE
Buying the Product
Outcome of the Product
3
3
INTRODUCTION
Entrepreneurship is the creation or extraction of economic value. With this definition,
entrepreneurship is viewed as change, generally entailing risk beyond what is normally
encountered in starting a business, which may include other values than simply economic ones.
A person who undertakes the risk of starting a new business venture is called an entrepreneur.
An entrepreneur creates a firm to realize their idea, known as entrepreneurship, which aggregates
capital and labor in order to produce goods or services for profit.
Entrepreneurs are important to market economies because they can act as the wheels of the
economic growth of the country. By creating new products and services, they stimulate new
employment, which ultimately results in the acceleration of economic development.
1
BACKROUND OF THE MERCHANDISE
Early bracelets it is said that around 7,000 years ago, the wearing of jewellery like
bracelet pieces became common in the name of ritual and adornment. Archaeologists in their
studies, have found strong evidence that people donned bracelets proudly in ancient
Mesopotamia, Egypt and China.
The origin of the term 'bracelet' is from the Greek brachile meaning 'of the arm', via the Old
French bracel. A bracelet is also a small brace or bracer (an arm-guard used by archers). The
history of Egyptian bracelets is as old as 5000 BCE. Starting with materials like bones, stones
and woods to serve religious and spiritual interests.
A bracelet is an article of jewellery that is worn around the wrist. Bracelets may serve different
uses, such as being worn as an ornament. When worn as ornaments, bracelets may have a
supportive function to hold other items of decoration.
2
EVIDENCES
Buying the Product:
Actual Product:
3
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