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1 
CHARITY DRIVE EVENT 
Stuff...Lah! 
Introduction to Business (BUSF0103) 
Charity Drive Report 
Group members: Student ID: 
Dayana Kamarulzaman 0304125 
Rozanna Farah Ibram 0317967 
Samaa Tariq Abdulsattar Abdulaziz Ismaeel 0316353 
Sabrina Wiora Nassor 0317776 
Neville Somi 0317780
2 
TABLE OF CONTENTS 
Executive Summary 3 
Objectives 4 
Target Market 4-5 
Competition Analysis 5-6 
Products and Packaging 6-11 
Pricing 11 
Promotion 11-12 
Sponsors 12-13 
Distribution 13 
Green Measures 13-14 
Human Resources Planning 14-15 
Evaluation of Results 15 
Appendix 16-17 
A. EXECUTIVE SUMMARY
Stuff...Lah! Is a nonprofit business initialized by a group of five students in order to raise 
funds for a charity organization. The business was run over a period of 5 days during the charity 
drive week at Taylor's University Lakeside Campus. This charity drive event is part of the final 
project for our Introduction to Business subject. The students that took part in this project are from 
the Foundation in Natural and Built Environment, and Foundation in Design. All the proceedings 
earned were donated to the chosen charity organization, the Kiwanis Down Syndrome Foundation; 
3 
in Subang Jaya, Selangor Malaysia. 
A variety of products were sold such as soda pop drinks that was produced and distributed 
by a local business that goes by the name of ‘Pop the Soda!’, and a local clothing brand that goes 
by the name of ‘Rockiss’. Before the setup of our business it was required for us to plan out an 
effective strategy in order to achieve our target, which was to raise an amount of two thousand five 
hundred Malaysian ringgit (RM2500). Everyone was given specific task in order to ensure that the 
business was running smoothly within the period of five days. 
In conclusion, communication skills are important. A good communicator should be able 
to convey messages effectively to the potential customers and sponsors. We at first were hesitant 
to ask for donations, and promote our business. However, over time we adapted to our roles as 
sales persons; we then noticed that as the days progressed, selling began to feel natural. Lastly, 
we did not only make good sales and profits, but it also help boost our self-esteem. 
B. OBJECTIVES
To donate sales revenue earned from our soda drinks and clothes to our desired charity 
organization, Kiwanis Down Syndrome Foundation, Malaysia. Kiwanis Down Syndrome 
Foundation is committed to the welfare of children with Down syndrome, its main purpose is to 
provide suitable education and life skills for the children from age of two months up to the age of 
six years. The reason to support this foundation is to benefit the community, raise awareness, and 
to take into consideration a specific minority in the Malaysian society, which otherwise might be 
4 
overlooked by most. 
Approximate objectives: 
To sell enough soda drinks and clothes, as well as collecting donations and gaining 
sponsorships earning us two thousand five hundred Malaysian Ringgit (RM2500) to successfully 
achieve an A grade for our Introduction to Business subject. 
We devised a plan to help manage our time accordingly for each day to inch forward 
towards our target. Below is the approximate target we accomplished from this charity drive 
assignment: 
Target Sales : RM1500 
Target Donation : RM1000 
C. TARGET MARKET 
During the charity drive week, we have faced different types of customers buying our 
products. The majority of our customer consisted of students and staff members from Taylor’s 
University, whereas, the rest were visitors. What we noticed from our observation was that our 
customers were quite content on paying a high amount for clothes that ranged from a price of 
RM35 and above. We found that the condition of the weather can affect certain moods, for example;
during hot weather, an influx of customers would buy soda drinks to cool them down. Our sales 
began to increase due to word-of-mouth, our customers would recommend the product to their 
friends if they were satisfied. However, others were willing to spend for the sake of charity. 
5 
D. COMPETITION ANALYSIS 
Businesses could be set up for two reasons, to either raise money for a charitable cause or 
to fulfill a dream by being your own boss in an industry against your rivals and gaining profit out 
of it. During the charity drive week we had several competitors (our classmates) who sold similar 
products, such as, drinks. One stall sold canned soft drinks and another, coconut juice. The stall 
selling the soft drinks priced their product for as low as RM1 per can and the coconut juice was 
priced at RM3 per cup. Customers were more attracted to the stall that sold canned soft drinks due 
to the known company brand such as sprite and coca cola therefore, the customers felt safer buying 
a beverage with a name they recognize. Not only were customers attracted to the well-recognized 
brand they were also attracted to the price they were being sold at, normal pricing is roughly RM2 
in campus. The coconut drink was a hit to those who are health conscious, which resulted in higher 
sales. The coconut itself was sold (optional) in it’s own shell which acted as both a beverage and 
something edible at the same time. On the other hand, one disadvantage of the group that sold the 
coconut drinks was the portability. When the customers purchased their drinks it was either sold 
in a topless cup or in a coconut shell, which made it hard to carry around. Besides the classmate 
who were doing the assignment together with us, our other competitors are the shops and 
restaurants readily available on campus the famous ones being Seven Eleven, Arena, Starbucks, 
Chatime etc. 
E. PRODUCTS AND PACKAGING
The products sold were soda drinks and clothes. In addition, Dayana also went and met the owner 
of ‘Rockiss’ to make a deal with her for the clothes and sponsorship. 
6 
1) Soda Drinks 
‘Pop the Soda’ 
Dayana met up with the supplier and ordered 13 boxes of soda drinks that contained 24 
bottles each.
7 
Description 
The drinks consisted of 5 flavors: 
1. Soursop (Durian Belanda) 
2. Mango (Mangga) 
3. Banana (Pisang) 
4. Pineapple (Nanas) 
5. Lychee (Laici) 
They are produced and distributed by a local company called ‘Pop, the Soda!’
8 
Features and Benefits 
Besides the exotic flavors of the drinks where you don’t usually find made into carbonated drinks 
the soda helps quench your thirst when the temperature starts to increase. It’s a considerably new 
to the market, therefore it’s a chance for you to try something fresh. 
Packaging 
The drinks were sold in classic brown glass bottles and labeled in different colors to differentiate 
the several flavors. Colorful straws were provided for customers. 
2) Clothes
9
10
11 
Description 
The clothes sold are mainly for the ladies, where they are in tune with the fashion trend of today, 
consisting of crop tops, blouses, shorts, and skirts in varied and colorful designs. 
Features and Benefits 
The designs of the clothes are of the latest trend available in the market. They are designed to suit 
the tastes of the fashion conscious ladies from the ages of 17 and above. 
Packaging 
The clothes are displayed on hangers to the customers to give them easy access to browse through 
the clothes. Once the clothes are sold they are packaged into a specially prepared ‘Rockiss’ plastic 
bag. 
F. PRICING 
 Soda Drink – RM 5.00 for 1 unit 
 Clothes – RM 35.00 to RM 60.00 for 1 unit 
G. PROMOTION 
During the first 4 days of business the sales were slower than expected as the price were 
considered quite expensive for a carbonated drink. We went around by word-of-mouth to our 
friends and the people we know on campus to spread the word. Most of our customers are friends 
that we personally know. Other than selling the products at the booth some of our members went 
around the campus to sell the drinks. As for the clothes, the selling pace was even slower as the
price were too expensive for college students to afford. On the last day, we made an offer for the 
12 
drinks: 
RM5 for 1 unit 
RM9 for 2 units 
At closing time we brought down the price to: 
RM10 for 3 units 
Offering it as a ‘buy 2 free 1’ promotion, the sales then went faster. 
H. SPONSORS 
The list of sponsors : 
Individuals : 
Name Amount 
1. Narimah Othman RM80 
2. Tariq Abdulsattar RM80 
3. Siti Marina Abdullah RM80 
4. Thahiya Mohamed Bade RM80 
5. Geoffrey Rogathe RM80 
Cooperate Entities : 
1. Rockiss RM500
The only sponsors we approached were our parents who agreed to sponsor us. We approached our 
parents as they are the easiest and closest people we know who earns money and are willingly to 
13 
give us some support. 
I. DISTRIBUTION 
Our products for the charity drive were placed at one of our group member's houses. Early 
each morning she would stack the boxes, and stall items in her car to Taylor’s University Lakeside 
Campus. The products were carried to our stall and set up on the table; the signs were then pinned 
up on the softboard, and finally we proceeded to sell. The products are not renewed throughout the 
day as the number of products expected to be sold are estimated through calculation for each day. 
Moreover, we walked around campus carrying the bottles and sold them to the people around 
campus and the commercial area. Our group consisted of five members. Dayana (also distributed 
and ask for donations) was in charge of the clothes and drinks, Sabrina (also asked for donations) 
was in charge of the money, Neville and Oat (also distributed and asked for donations) were in 
charge of the bottles, and Samaa (also in charge of the bottles) was in charge of asking for 
donations through ‘Free Hugs’. Each person in our group was assigned with a task so the table was 
never left empty. 
J. GREEN MEASURES 
The way that our business took into account sustainability was by ensuring that we do not 
use materials that harmfully impact the environment. By doing this, we did not give away plastic 
bags when the bottles were purchased. The product is made from glass and can easily be recycled 
or reused by the customers.
On the other hand, the Rockiss products that we sold were given to the customers in a bag. 
However, the bag is made from environmentally friendly plastic that makes it easier for it to be 
recycled. The customers could also reuse the bags for any other purposes. 
In order to properly manage our resources, we stopped using ice to cool the bottles on the 
first day. We then decided it would benefit us if we placed our bottles in a fridge instead which 
14 
helped us save money and water. 
K. HUMAN RESOURCES PLANNING 
Human Resource planning serves as a link between human resources management and the 
overall strategic plan of an organization. We discussed financial plans to ensure that we could 
achieve the goal of earning a profit of RM1500 within 5 days. Our strategic Human Resources 
plan allowed us to have a view from a budgetary point so that we were able to cover the costs of 
the products into our operating budget. 
Organizational Structure for “Stuff...Lah!” 
Group Leader (Dayana Binti Kamarulzaman) 
Finance Accountant (Sabrina Wiora Nassor) 
Sales Executive Promotion and Marketing (Samaa Ismaeel) 
Product Manager Receptionist (Rozanna Ibram) 
Dayana Binti Kamarulzaman as our group leader was responsible for the planning, manageme nt, 
coordination and financial control of Stuff...Lah!. Sabrina Nassor, was the accountant in charge of 
managing and supervising daily operation of accounts payable, accounts receivable, cash receipts, 
and assists in the preparation of the financial report. Rozanna Ibram, our product manager was in 
charge of the inventory of the stocks. Furthermore, Samaa Ismaeel who was in charge of promotion
and went around giving free hugs. Neville Somi, our receptionist was in charge of promoting 
products and services to customers at our stall. Altogether, we were able to succeed in our goals 
by working effectively as a team due to our human resources plan that allowed us to cooperate 
15 
well within the group. 
L. EVALUATION OF RESULTS 
The aim of the whole business plan was to achieve a total of RM2500 gathered from 
sponsorship supports and sales revenue. All the proceedings were donated to Kiwanis Down 
Syndrome Foundation. We approached several companies and individuals to apply for their 
sponsorship where we successfully gathered RM900 from sponsors. Each member contributed 
RM138 as capital to purchase the stocks. After the charity drive we found that the majority of 
students weren’t willing to invest into a product which they deemed expensive. However, people 
are more willing to give donation and free hugs than buy a product. We made an average of RM70 
per day from donations alone. However we did not make much from donations as we started asking 
donations only on the third day. During the charity drive we managed to schedule ourselves to be 
on standby at the booth as we were not all were available all the time as we still had classes going 
on. Based on the clothing sales we found that the demographic does not purchase a piece of 
clothing as frequent as one does on beverages. Therefore our sale on the clothes were very slow. 
On the final day of charity drive, we decided to price down our sodas to a ‘buy 2 free ‘1 promotion, 
which escalated the sales within the last 2 hours. If we were going to do the business again, we 
would hold a ‘happy hour’ promotion where at a certain time of the day the prices of the drink 
would be cheaper than usual. After the calculations were made we managed to collect enough 
revenues to reach RM2500. Furthermore, we managed to raise enough awareness for the Kiwanis 
Down Syndrome Foundation and its cause.
Reflection Video : https://www.youtube.com/watch?v=sH85GSgsG5Y 
16 
M. APPENDIX 
Soda Drinks : 
Date Units 
18/11 83 
19/11 86 
20/11 91 
21/11 77 
Total 412 
Agenda Amount 
Crates (24 bottles) 18 
Cost per item RM2.20 
Selling Price RM5 
Total item sold 412 
Total from sales RM2060 
Donations : 
Date Amount 
Sponsorship : 
(MYR) 
18/11 - 
19/11 104 
20/11 193 
21/11 103 
Total 59 
18/11 59 
Total 459 
Sponsorship Amount (MYR) 
Rockiss 500 
Parents x 5 
Total 
80 x 5 
400 
Total 900
17 
Income Statement for ‘Stuff..Lah!’ 
Revenue 
Sales RM 2060 Product A 
Less: Cost of goods sold RM 906 S. price RM5.00 
Gross profit RM 1154 Units 412 
Add: Donation & Sponsorship + RM 1359 Rev RM2060 
Adjusted gross profit RM 2513 Product A 
Less: operating expenses C. price RM2.20 
Ice RM6 Units 412 
Receipt books RM7 Rev RM906.40 
Total operating expenses 
RM13 
Net profit RM2500

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Charity drive report

  • 1. 1 CHARITY DRIVE EVENT Stuff...Lah! Introduction to Business (BUSF0103) Charity Drive Report Group members: Student ID: Dayana Kamarulzaman 0304125 Rozanna Farah Ibram 0317967 Samaa Tariq Abdulsattar Abdulaziz Ismaeel 0316353 Sabrina Wiora Nassor 0317776 Neville Somi 0317780
  • 2. 2 TABLE OF CONTENTS Executive Summary 3 Objectives 4 Target Market 4-5 Competition Analysis 5-6 Products and Packaging 6-11 Pricing 11 Promotion 11-12 Sponsors 12-13 Distribution 13 Green Measures 13-14 Human Resources Planning 14-15 Evaluation of Results 15 Appendix 16-17 A. EXECUTIVE SUMMARY
  • 3. Stuff...Lah! Is a nonprofit business initialized by a group of five students in order to raise funds for a charity organization. The business was run over a period of 5 days during the charity drive week at Taylor's University Lakeside Campus. This charity drive event is part of the final project for our Introduction to Business subject. The students that took part in this project are from the Foundation in Natural and Built Environment, and Foundation in Design. All the proceedings earned were donated to the chosen charity organization, the Kiwanis Down Syndrome Foundation; 3 in Subang Jaya, Selangor Malaysia. A variety of products were sold such as soda pop drinks that was produced and distributed by a local business that goes by the name of ‘Pop the Soda!’, and a local clothing brand that goes by the name of ‘Rockiss’. Before the setup of our business it was required for us to plan out an effective strategy in order to achieve our target, which was to raise an amount of two thousand five hundred Malaysian ringgit (RM2500). Everyone was given specific task in order to ensure that the business was running smoothly within the period of five days. In conclusion, communication skills are important. A good communicator should be able to convey messages effectively to the potential customers and sponsors. We at first were hesitant to ask for donations, and promote our business. However, over time we adapted to our roles as sales persons; we then noticed that as the days progressed, selling began to feel natural. Lastly, we did not only make good sales and profits, but it also help boost our self-esteem. B. OBJECTIVES
  • 4. To donate sales revenue earned from our soda drinks and clothes to our desired charity organization, Kiwanis Down Syndrome Foundation, Malaysia. Kiwanis Down Syndrome Foundation is committed to the welfare of children with Down syndrome, its main purpose is to provide suitable education and life skills for the children from age of two months up to the age of six years. The reason to support this foundation is to benefit the community, raise awareness, and to take into consideration a specific minority in the Malaysian society, which otherwise might be 4 overlooked by most. Approximate objectives: To sell enough soda drinks and clothes, as well as collecting donations and gaining sponsorships earning us two thousand five hundred Malaysian Ringgit (RM2500) to successfully achieve an A grade for our Introduction to Business subject. We devised a plan to help manage our time accordingly for each day to inch forward towards our target. Below is the approximate target we accomplished from this charity drive assignment: Target Sales : RM1500 Target Donation : RM1000 C. TARGET MARKET During the charity drive week, we have faced different types of customers buying our products. The majority of our customer consisted of students and staff members from Taylor’s University, whereas, the rest were visitors. What we noticed from our observation was that our customers were quite content on paying a high amount for clothes that ranged from a price of RM35 and above. We found that the condition of the weather can affect certain moods, for example;
  • 5. during hot weather, an influx of customers would buy soda drinks to cool them down. Our sales began to increase due to word-of-mouth, our customers would recommend the product to their friends if they were satisfied. However, others were willing to spend for the sake of charity. 5 D. COMPETITION ANALYSIS Businesses could be set up for two reasons, to either raise money for a charitable cause or to fulfill a dream by being your own boss in an industry against your rivals and gaining profit out of it. During the charity drive week we had several competitors (our classmates) who sold similar products, such as, drinks. One stall sold canned soft drinks and another, coconut juice. The stall selling the soft drinks priced their product for as low as RM1 per can and the coconut juice was priced at RM3 per cup. Customers were more attracted to the stall that sold canned soft drinks due to the known company brand such as sprite and coca cola therefore, the customers felt safer buying a beverage with a name they recognize. Not only were customers attracted to the well-recognized brand they were also attracted to the price they were being sold at, normal pricing is roughly RM2 in campus. The coconut drink was a hit to those who are health conscious, which resulted in higher sales. The coconut itself was sold (optional) in it’s own shell which acted as both a beverage and something edible at the same time. On the other hand, one disadvantage of the group that sold the coconut drinks was the portability. When the customers purchased their drinks it was either sold in a topless cup or in a coconut shell, which made it hard to carry around. Besides the classmate who were doing the assignment together with us, our other competitors are the shops and restaurants readily available on campus the famous ones being Seven Eleven, Arena, Starbucks, Chatime etc. E. PRODUCTS AND PACKAGING
  • 6. The products sold were soda drinks and clothes. In addition, Dayana also went and met the owner of ‘Rockiss’ to make a deal with her for the clothes and sponsorship. 6 1) Soda Drinks ‘Pop the Soda’ Dayana met up with the supplier and ordered 13 boxes of soda drinks that contained 24 bottles each.
  • 7. 7 Description The drinks consisted of 5 flavors: 1. Soursop (Durian Belanda) 2. Mango (Mangga) 3. Banana (Pisang) 4. Pineapple (Nanas) 5. Lychee (Laici) They are produced and distributed by a local company called ‘Pop, the Soda!’
  • 8. 8 Features and Benefits Besides the exotic flavors of the drinks where you don’t usually find made into carbonated drinks the soda helps quench your thirst when the temperature starts to increase. It’s a considerably new to the market, therefore it’s a chance for you to try something fresh. Packaging The drinks were sold in classic brown glass bottles and labeled in different colors to differentiate the several flavors. Colorful straws were provided for customers. 2) Clothes
  • 9. 9
  • 10. 10
  • 11. 11 Description The clothes sold are mainly for the ladies, where they are in tune with the fashion trend of today, consisting of crop tops, blouses, shorts, and skirts in varied and colorful designs. Features and Benefits The designs of the clothes are of the latest trend available in the market. They are designed to suit the tastes of the fashion conscious ladies from the ages of 17 and above. Packaging The clothes are displayed on hangers to the customers to give them easy access to browse through the clothes. Once the clothes are sold they are packaged into a specially prepared ‘Rockiss’ plastic bag. F. PRICING  Soda Drink – RM 5.00 for 1 unit  Clothes – RM 35.00 to RM 60.00 for 1 unit G. PROMOTION During the first 4 days of business the sales were slower than expected as the price were considered quite expensive for a carbonated drink. We went around by word-of-mouth to our friends and the people we know on campus to spread the word. Most of our customers are friends that we personally know. Other than selling the products at the booth some of our members went around the campus to sell the drinks. As for the clothes, the selling pace was even slower as the
  • 12. price were too expensive for college students to afford. On the last day, we made an offer for the 12 drinks: RM5 for 1 unit RM9 for 2 units At closing time we brought down the price to: RM10 for 3 units Offering it as a ‘buy 2 free 1’ promotion, the sales then went faster. H. SPONSORS The list of sponsors : Individuals : Name Amount 1. Narimah Othman RM80 2. Tariq Abdulsattar RM80 3. Siti Marina Abdullah RM80 4. Thahiya Mohamed Bade RM80 5. Geoffrey Rogathe RM80 Cooperate Entities : 1. Rockiss RM500
  • 13. The only sponsors we approached were our parents who agreed to sponsor us. We approached our parents as they are the easiest and closest people we know who earns money and are willingly to 13 give us some support. I. DISTRIBUTION Our products for the charity drive were placed at one of our group member's houses. Early each morning she would stack the boxes, and stall items in her car to Taylor’s University Lakeside Campus. The products were carried to our stall and set up on the table; the signs were then pinned up on the softboard, and finally we proceeded to sell. The products are not renewed throughout the day as the number of products expected to be sold are estimated through calculation for each day. Moreover, we walked around campus carrying the bottles and sold them to the people around campus and the commercial area. Our group consisted of five members. Dayana (also distributed and ask for donations) was in charge of the clothes and drinks, Sabrina (also asked for donations) was in charge of the money, Neville and Oat (also distributed and asked for donations) were in charge of the bottles, and Samaa (also in charge of the bottles) was in charge of asking for donations through ‘Free Hugs’. Each person in our group was assigned with a task so the table was never left empty. J. GREEN MEASURES The way that our business took into account sustainability was by ensuring that we do not use materials that harmfully impact the environment. By doing this, we did not give away plastic bags when the bottles were purchased. The product is made from glass and can easily be recycled or reused by the customers.
  • 14. On the other hand, the Rockiss products that we sold were given to the customers in a bag. However, the bag is made from environmentally friendly plastic that makes it easier for it to be recycled. The customers could also reuse the bags for any other purposes. In order to properly manage our resources, we stopped using ice to cool the bottles on the first day. We then decided it would benefit us if we placed our bottles in a fridge instead which 14 helped us save money and water. K. HUMAN RESOURCES PLANNING Human Resource planning serves as a link between human resources management and the overall strategic plan of an organization. We discussed financial plans to ensure that we could achieve the goal of earning a profit of RM1500 within 5 days. Our strategic Human Resources plan allowed us to have a view from a budgetary point so that we were able to cover the costs of the products into our operating budget. Organizational Structure for “Stuff...Lah!” Group Leader (Dayana Binti Kamarulzaman) Finance Accountant (Sabrina Wiora Nassor) Sales Executive Promotion and Marketing (Samaa Ismaeel) Product Manager Receptionist (Rozanna Ibram) Dayana Binti Kamarulzaman as our group leader was responsible for the planning, manageme nt, coordination and financial control of Stuff...Lah!. Sabrina Nassor, was the accountant in charge of managing and supervising daily operation of accounts payable, accounts receivable, cash receipts, and assists in the preparation of the financial report. Rozanna Ibram, our product manager was in charge of the inventory of the stocks. Furthermore, Samaa Ismaeel who was in charge of promotion
  • 15. and went around giving free hugs. Neville Somi, our receptionist was in charge of promoting products and services to customers at our stall. Altogether, we were able to succeed in our goals by working effectively as a team due to our human resources plan that allowed us to cooperate 15 well within the group. L. EVALUATION OF RESULTS The aim of the whole business plan was to achieve a total of RM2500 gathered from sponsorship supports and sales revenue. All the proceedings were donated to Kiwanis Down Syndrome Foundation. We approached several companies and individuals to apply for their sponsorship where we successfully gathered RM900 from sponsors. Each member contributed RM138 as capital to purchase the stocks. After the charity drive we found that the majority of students weren’t willing to invest into a product which they deemed expensive. However, people are more willing to give donation and free hugs than buy a product. We made an average of RM70 per day from donations alone. However we did not make much from donations as we started asking donations only on the third day. During the charity drive we managed to schedule ourselves to be on standby at the booth as we were not all were available all the time as we still had classes going on. Based on the clothing sales we found that the demographic does not purchase a piece of clothing as frequent as one does on beverages. Therefore our sale on the clothes were very slow. On the final day of charity drive, we decided to price down our sodas to a ‘buy 2 free ‘1 promotion, which escalated the sales within the last 2 hours. If we were going to do the business again, we would hold a ‘happy hour’ promotion where at a certain time of the day the prices of the drink would be cheaper than usual. After the calculations were made we managed to collect enough revenues to reach RM2500. Furthermore, we managed to raise enough awareness for the Kiwanis Down Syndrome Foundation and its cause.
  • 16. Reflection Video : https://www.youtube.com/watch?v=sH85GSgsG5Y 16 M. APPENDIX Soda Drinks : Date Units 18/11 83 19/11 86 20/11 91 21/11 77 Total 412 Agenda Amount Crates (24 bottles) 18 Cost per item RM2.20 Selling Price RM5 Total item sold 412 Total from sales RM2060 Donations : Date Amount Sponsorship : (MYR) 18/11 - 19/11 104 20/11 193 21/11 103 Total 59 18/11 59 Total 459 Sponsorship Amount (MYR) Rockiss 500 Parents x 5 Total 80 x 5 400 Total 900
  • 17. 17 Income Statement for ‘Stuff..Lah!’ Revenue Sales RM 2060 Product A Less: Cost of goods sold RM 906 S. price RM5.00 Gross profit RM 1154 Units 412 Add: Donation & Sponsorship + RM 1359 Rev RM2060 Adjusted gross profit RM 2513 Product A Less: operating expenses C. price RM2.20 Ice RM6 Units 412 Receipt books RM7 Rev RM906.40 Total operating expenses RM13 Net profit RM2500