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    Qty. Unit Item With Description Unit Cost Total Cost

    Uploaded by

    Diane Mamatic
    This project plan outlines the production of an article or product. It includes sections for naming the project, stating its purpose and objectives, providing illustrations and details of the product, listing required materials and their costs, tools and equipment needed, the work procedure, safety measures, and an evaluation section. A financial statement format is also provided to calculate costs, sales price with a 30% markup, number of products, total sales, and profit.

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    © All Rights Reserved
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    Qty. Unit Item With Description Unit Cost Total Cost

    Uploaded by

    Diane Mamatic
    248 views3 pages
    This project plan outlines the production of an article or product. It includes sections for naming the project, stating its purpose and objectives, providing illustrations and details of the product, listing required materials and their costs, tools and equipment needed, the work procedure, safety measures, and an evaluation section. A financial statement format is also provided to calculate costs, sales price with a 30% markup, number of products, total sales, and profit.

    Original Title

    PROJECT PLAN Activity

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    This project plan outlines the production of an article or product. It includes sections for naming the project, stating its purpose and objectives, providing illustrations and details of the product, listing required materials and their costs, tools and equipment needed, the work procedure, safety measures, and an evaluation section. A financial statement format is also provided to calculate costs, sales price with a 30% markup, number of products, total sales, and profit.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    248 views3 pages

    Qty. Unit Item With Description Unit Cost Total Cost

    Uploaded by

    Diane Mamatic
    This project plan outlines the production of an article or product. It includes sections for naming the project, stating its purpose and objectives, providing illustrations and details of the product, listing required materials and their costs, tools and equipment needed, the work procedure, safety measures, and an evaluation section. A financial statement format is also provided to calculate costs, sales price with a 30% markup, number of products, total sales, and profit.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    PROJECT PLAN

    Project No. ______

    Name:________________________________ Date Begun:___________________

    Year and Section:_________________ Date Finished: _________________

    I. Name of Project:(State the name of your project in a manner that it would give clear
    picture of your product/article. Be creative and catchy as you can but make sure that
    it is appropriate to your product/article)

    II. Purpose of the Project: (Write the objectives of the project in statement form.)

    1.

    2.

    3.

    III.Specification of the Project: (Attach perspective/pictorial view and work


    drawing) (Provide illustration of your expected product/article. Make sure to indicate
    the details of your product/article such as stitches to be used, size etc.)

    IV. Bill of Materials: (This section provides the budgetary requirement needed to
    create the product/article. See the sample content for reference.) Materials and
    Supplies:

    Qty. Unit Item with Description Unit Total


    Cost Cost

    2 Ball Yarn, Blue ₱30.00 ₱60.00

    Total Cost of Materials ₱ 60.00

    V. Tools, Materials & Equipment:(Enumerate the tools, materials and equipment you
    will be using. These are already available and not included to the things that you
    need to buy)

    1. __________________
    2. __________________
    3. __________________

    VI. Work Procedure (Write down the step by step procedure in making your
    product/article. Make sure to arrange it in sequence)

    1.
    2.

    3.

    1. 5.

    VII. Safety Measures or Precautions: (Indicate safety reminders based on the


    potential hazards in needlecraft.)

    VIII. Evaluation:(Leave this blank. Your teacher will be the one to give the evaluation
    based on your performance. You will find in this section the assessment of your
    teacher such as the weaknesses and strengths of your output.)

    ___________________________________________________________________
    ___________________________________________________________________

    IX. Remarks: (Leave this blank. Your teacher will be the one to give the remarks.
    You will find in this section the things to be improved in your product based on the
    evaluation)

    ___________________________________________________________________
    ___________________________________________________________________

    If your finished product is to be sold, you will be required to accomplish a financial


    statement. This is helpful in evaluating if you gain profit or not. See on the next page
    the format of financial statement which includes the formula how to mark the price of
    your product.

    Financial Statement

    Name of Project:

    Total no.
    Total Cost Per product Profit
    of
    Expenses Total sales (total sales less
    Products
    expenses)

    ₱1,500.00 40 pcs 48.75 ₱1,960.00 ₱450.00

    FORMULA FOR COSTING:


    Note: the 30% mark-up is equivalent to
    Selling Price your profit.
    Total Expenses + 30% mark – up To get the 30% mark-up, follow this
    No. of products formula:
    = Total expenses x.30 Ex:
    Example:
    = ₱1,500.00 x .30

    Selling price = ₱1,500.00 + ₱450.00 30% = ₱450.00

    40

    Selling price = ₱48.75

    Computation for profit:

    Profit = total sales – total expenses

    = ₱1,960.00 – ₱1,500.00

    Profit = ₱450.00

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