FINANCIAL REPORT DAY 1
Capital: 1,190.00 (170 x 7)
Revenue: 1,210.00
Expenses: 1,002.04
Profit: 207.6
PRODUCT: GRAHAM BALLS
EXPENSES: INGREDIENTS








PRODUCT: UBE TURON
EXPENSES: INGREDIENTS
5 packs crushed graham
2 all-purpose cream
2 condensed milk
Marshmallows
Milo
Styro
Toothpick
Siomai plate
P 225.00
180.00
120.00
35.00
100.00
14.04
12.00
3.33







P 95.00
Ube halaya
60.00
Pabalat
Cooking oil
70.00
Sugar
20.00
Evaporated milk
50.00
Styro
16.08
Siomai plate
2.22
P 313.03
P 689.37
DAY 1 REVENUE
PRODUCT: GRAHAM BALLS
SMALL
MEDIUM
LARGE
Total:
27 pcs
8 pcs
40 pcs
P 8.00
P 10.00
P 12.00
PRODUCT: UBE TURON
SMALL
12 pcs
P 7.00
MEDIUM
42 pcs (3 pcs per box) P 25.00
Total:
QUANTITY TFC
75 689.37
54 313.03
TVC
776
434
TC
1,465.37
747.03
AFC
9.19
5.8
P 216.00
P 80.00
P 480.00
P 776.00
P 84.00
P 350.00
P 434.00
AVC
10.35
8.04
ATC
19.54
13.83
FINANCIAL REPORT DAY 2
BALANCE: P 1,210.00
Revenue: 1,010.00
Expenses: 743.00
Profit: 267.00
PRODUCT: UBE TURON
LESS EXPENSES: INGREDIENTS
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





PRODUCT: MINI PANCAKE
LESS EXPENSES: INGREDIENTS
P 100.00
48.00
88.00
30.00
35.00
58.00
25.00
Ube halaya
Pabalat
Cooking oil
Sugar
Evaporated milk
Cheese
Plastic roll
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








P 384.00
P 41.00
10.00
69.00
15.00
50.00
10.00
25.00
24.00
40.00
75.00
Flour
Yeast
Milo
Sugar
Evaporated milk
Margarine
Plastic fork
Styro
Egg
Butaine
P 359.00
DAY 2 REVENUE
PRODUCT: MINI PANCAKE
36 pcs
Total:
18 boxes (2 pcs each)
P 25.00
P 450.00
P 450.00
PRODUCT: UBE TURON
84 pcs
28 packs (3 pcs each)
Total:
P 20.00
P 560.00
P 560.00
QUANTITY TFC
36 359
84 384
TVC
450
560
TC
809
944
AFC
9.97
4.57
AVC
12.5
6.67
ATC
22.47
11.24
FINANCIAL REPORT DAY 3
BALANCE: P 1,190.00
Revenue: 960
Expenses: 648
Profit: 312
PRODUCT: MINI PANCAKE
LESS EXPENSES: INGREDIENTS
PRODUCT: S’mores
LESS EXPENSES: INGREDIENTS



Marshmallows
Biscuits
Siomai Plate







P 65.00
50.00
15.00
P 130.00
Flour
Milo
Sugar
Evaporated milk
Margarine
Styro
Egg
P 93.00
161.00
60.00
70.00
28.00
12.00
94.00
P 518.00
DAY 3 REVENUE
PRODUCT: S’MORES
69 pcs
Total:
3pcs (per plate for 10)
PRODUCT: MINI PANCAKE
SMALL
28 pcs
MEDIUM
36 pcs
Total:
QUANTITY TFC
69 130
64 518
TVC
230
730
TC
360
1,248
P 230.00
P 450.00
P 230.00
P 20.00
P 25.00
P 280.00
P 450.00
P 730.00
AFC
1.88
8.09
AVC
3.33
11.41
ATC
5.22
19.5
Tomas, Aleah Kyla E.
BSA -1B
Reaction Paper
The article of Economists - Solon explains the positive impact of depreciation of Peso in Philippine
economy. He clearly stated that despite of peso actually helps the economy. Solon became an eye
opener of many minds to have wider perspective about economy status of Philippines.
In addition, Economist - Solin shows some argument that some viewed as weakest point of peso
depreciation. He clearly emphasizes that it has positive impact on economy as the value dollar
contra peso risen, It offers larger growth percentage on Gross Domestic Product on Philippines.
This shows that increase in value of dollar was good indication of better growth in remittance
toward OFWs and BPO sectors. Which allows family of OFWs to have larger number of figures
if dollar was translated in Peso. Similar, to BPO sectors that is currently knows as booming job
industry in Philippine which offers higher salary figures as a result of depreciation in Peso contra
Dollars.
Therefore, I strongly agree on his statement because Economist - Solon offers Global wide range
perspective about economy. Indeed, economy doesn’t stop in one nation but work as a Global
Complex System to achieve nation’s growth to one another. It clearly shows how Globalization
influence the nation’s economy. It shows progress and growth as strong dollar remittance influence
Philippine economy.
Angeles, Cyrylle L.
BSA-1B
Reaction Paper
Solon explained how the weak peso actually helped the Philippine Economy. The National
Government was thrilled about the economy’s growth in terms of Gross Domestic Products
(GDP) In the third Quarter of 2022. Many perspectives have been filled; some says that the
weak peso has a positive impact for the Philippine Economy. Salceda claims that OFW
remittance data increased in august, or close to the conclusion of the Third qurter.
According to (BSP) cash remittances transmitted through banks were 2.72 billion dollars.
In the end, the economist-solon predicted that the Philippine peso may still reach P62 per
US dollar.
Weak peso means weak Economy. In our country we are much relying on the important
goods for our necessities. A weak peso means higher prices for commodities. Including,
gasoline and agricultural products. One of the main causes of a weak peso is because of
our growing independence on import products rather than our own products. The third
quarter report shows (GDP) posted a growth of 7.6% in the third quarter of 2022. It shows
how the import and exports in goods have increased. On the other hand, in a senate hearing
last week, Philippine finance secretary Diokno said, a weak peso benefits the country’s
economy as a dollar-earning exporters and families of OFW’s who send cash remittances
get more value for their income. In conclusion, I am not fully agreed with this issue of a
weak peso. Though this will help our kababayan working overseas, but unfortunately,
many Filipinos’ working and living in the Philippines will suffer. A weaker peso would
lead to low income. At the same time, it would also lead to higher prices of goods and
overall inflation. Once the cost of goods increases, ordinary citizens can spend less on the
same item. Once the peso depreciates against the US dollars, the currency purchases power
weakens.
Apostol, Karen Kyrah B.
BSA 1-B
Reaction Paper
Knowing our economy's situation helps in understanding why prices and bills increases or
decreases. Given that we live in a world where everything can be found online it is easy to be
updated with today's current events so, latest updates about our country's situation is very much
accessible online. Every quarter of the year the Philippine Statistics Office releases the report
regarding the country's economy to keep us posted and for us to be aware. Thus, we must grab this
opportunity to be involved.
The third quarter report for the year 2022 of our country's GDP has already been out which
showed growth of 7.6%. Reading Rep. Joey Salceda's argument regarding the positive impact of
weak peso currency made me analyze and check my own understanding. I have always believed
that weak peso currency impacts the economy negatively because it implies high prices on
imported commodities such as petroleum. Given this understanding brought me to disagree with
his claim. I read the report released by PSA and was able to back up my thoughts on why I am
disagreeing with him. I was able to know that what affected the growth in our country's economy
are mostly the agricultural sector, wholesale and retail, automotive, household consumptions, and
other factors which made me come to the conclusion that the growth of the economy has something
to do with the lifting of COVID-19 restrictions. As we start to lessen the strict guidelines of faceto-face classes and the government became a lot more lenient with the pandemic restrictions, the
retail and the consumptions, like spending in restaurants and travel, helped in the positive impact
on the GDP. Though I do see where Rep. Salceda's point is coming from that the weak power of
peso did drive in the increase of employment in the bpo industry and remittance. The way I see it
though is that it is a mere driving force and not really impacting the economy data wise.
As a student in the field of business and accountancy being aware and updated of the
current events is necessary because it helps us especially when we start working for it affects the
work that we do. Understanding how the economy works also opens our eyes to the country's
issues and how relevant we are in its growth.