On October 9, 2025, the activity titled Financial Analysis: Costing and Pricing, led by the Accountancy and Accounting Information System Department, was conducted to assist Grade 12 students from Don Casimiro G. Tanedo Integrated School in finalizing the costing and pricing of their food product concepts. Each group worked on listing their ingredients, calculating production costs, and outlining the processes involved in making their products. Under the guidance of faculty members, students focused on the key components essential to product development and financial planning.
To ensure accurate computations, each group was assisted by a faculty mentor who helped identify and record their Direct Materials, Direct Labor, and Overhead Costs using an Excel costing template. Each mentor guided a specific group and product concept: Protein Bite (Sir Joshua), Wata Kimchi (Marwin), Verde Pandesal (Sir Ralph), Mashed ‘N Squash (Sir Allen), Ampalaya Bar (Ma’am Bea), Moringga Bar (Sir Karold), Kamote Tarte (Ma’am Jocelyn), and Vita Wrapper (Sheena). The mentors emphasized the importance of using market prices for ingredients, even when sourced from home, to ensure realistic costing. Sir Ralph highlighted this, while Sir Henry reminded students to include overhead costs such as transportation and to maintain consistent unit measurements for accuracy. Additionally, Sir Joshua facilitated a discussion on markup and pricing strategies, underscoring that many businesses fail not due to poor sales but because they overlook key expenses. This encouraged students to carefully account for every cost to ensure sustainability and profitability.
The activity concluded with certificates awarded to the faculty mentors in recognition of their valuable contributions and mentorship. Their guidance greatly enhanced the students’ learning experience. Overall, the activity was a success, providing students with practical experience in financial analysis, costing, and pricing decisions. It fostered collaboration, critical thinking, and a deeper understanding of the importance of accounting for all expenses to ensure business profitability and sustainability.
