1 Selling price will increase by 10% every year.

2 The price of raw materials will increase by 5% every year.

3 Equipments' useful life is 5 years with no salvage value. It will be depreciated ung straight-line method.
4 Kitchen tools are depreciated using inventory method of depreciation.
5 Office supplies are replenished as needed.
6 Expenses for utilities will increase by 2% annually.
7 All Furnitures and Fixtures use Straight-line method of depreciation with the useful life of 5 years.
8 Increase of production by 5% every year.
ght-line method.
TOTAL PROJECTED COST
Kitchen Tools PHP 1,969.00
Furnitures and Fixtures 2,650.00
Equipment 16,136.00
Office and Kitchen Supplies 2,383.00
Raw Materials 10,968.00
Packaging 3,240.00
Utilities 2,500.00
Permits and Licenses 2,200.00
Cleaning Materials 1,228.00
TOTAL PHP 43,274.00
FINANCIER'S CONTRIBUTION
Share of Each Partner in the Capital
Ganalon, Capital PHP 7,212.33 16.67%
Luares, Capital 7,212.33 16.67%
Rebulado, Capital 7,212.33 16.67%
Talagtag, Capital 7,212.33 16.67%
Paranos, Capital 7,212.33 16.67%
Badiola, Capital 7,212.33 16.67%
TOTAL CAPITAL PHP 43,274.00 100.00%
PROJECTED BAL

YEAR 1 YEAR 2
ASSETS Dr. Cr. Dr.
Cash PHP 45,170.84 PHP 101,883.53
Office Supplies 414.00 414.00
Other Supplies 1,228.00 1,228.00
Property, Plant and Equipment (Net) 16,997.80 13,240.60

LIABILITIES AND PARTNER'S EQUITY

Liabilities -
Partners' Equity
Ganalon, Capital 10,635.11
Luares, Capital 10,635.11
Rebulado, Capital 10,635.11
Talagtag, Capital 10,635.11
Paranos, Capital 10,635.11
Badiola, Capital 10,635.11
PhP63,810.64 PhP63,810.64 PhP116,766.13
PROJECTED BALANCE SHEET

YEAR 2 YEAR 3 YEAR 4

Cr. Dr. Cr. Dr. Cr.
PHP 197,120.67 PHP 338,019.32
414.00 414.00
1,228.00 1,228.00
9,483.40 5,726.20

- - -

19,461.02 34,707.68 57,564.59

19,461.02 34,707.68 57,564.59
19,461.02 34,707.68 57,564.59
19,461.02 34,707.68 57,564.59
19,461.02 34,707.68 57,564.59
19,461.02 34,707.68 57,564.59
PhP116,766.13 PhP208,246.07 PhP208,246.07 PhP345,387.52 PhP345,387.52
YEAR 5
Dr. Cr.
PHP 532,915.95
414.00
1,228.00
1,969.00

89,421.16
89,421.16
89,421.16
89,421.16
89,421.16
89,421.16
PhP536,526.95 PhP536,526.95
PROJECTED INCOME STAT

YEAR 1 YEAR 2
Sales PHP 316,800.00
Less: Cost of Goods Sold
Raw Materials 131,616.00 145,106.64
Packaging 38,880.00 40,824.00
Allowance for Spoilage 1,316.16 1,451.07
Direct Materials 171,812.16 187,381.71
Direct Labor 28,800.00 28,800.00
Overhead 33,037.20 34,152.80
233,649.36
Gross Profit PHP 83,150.64
Less:
Salaries Expense 57,600.00 57,600.00
Supplies Expense 2,814.00 2,814.00
Permits and Licenses 2,200.00 62,614.00 2,200.00
Net Profit PHP 20,536.64
PROJECTED INCOME STATEMENT

YEAR 2 YEAR 3 YEAR 4

PHP 365,904.00 PHP 422,619.12 PHP 488,125.08

159,980.07 176,378.03
42,865.20 45,008.46
1,599.80 1,763.78
204,445.07 223,150.27
28,800.00 28,800.00
35,280.11 36,419.37
250,334.51 268,525.18 288,369.64
PHP 115,569.49 PHP 154,093.94 PHP 199,755.45

57,600.00 57,600.00
2,814.00 2,814.00
62,614.00 2,200.00 62,614.00 2,200.00 62,614.00
PHP 52,955.49 PHP 91,479.94 PHP 137,141.45
YEAR 5
PHP 563,784.47

194,456.78
47,258.88
1,944.57
243,660.23
28,800.00
37,570.81
310,031.04
PHP 253,753.43

57,600.00
2,814.00
2,200.00 62,614.00
PHP 191,139.43
PROJECTED STATEMENT OF PARTN

Ganalon, Capital Luares, Capital

Beginning Balance PHP 7,212.33 PHP 7,212.33
Add: Share in Net Income (Loss) 3,422.77 3,422.77
Add: Additional Investment - -
Less: Withdrawals - -
Ending Balance, Year 1 PHP 10,635.11 PHP 10,635.11
Add: Share in Net Income (Loss) 8,825.92 8,825.92
Add: Additional Investment - -
Less: Withdrawals - -
Ending Balance, Year 2 PHP 19,461.02 PHP 19,461.02
Add: Share in Net Income (Loss) 15,246.66 15,246.66
Add: Additional Investment - -
Less: Withdrawals - -
Ending Balance, Year 3 PHP 34,707.68 PHP 34,707.68
Add: Share in Net Income (Loss) 22,856.91 22,856.91
Add: Additional Investment - -
Less: Withdrawals - -
Ending Balance, Year 4 PHP 57,564.59 PHP 57,564.59
Add: Share in Net Income (Loss) 31,856.57 31,856.57
Add: Additional Investment - -
Less: Withdrawals - -
Ending Balance, Year 5 PHP 89,421.16 PHP 89,421.16
PROJECTED STATEMENT OF PARTNER'S EQUITY

Rebulado, Capital Talagtag, Capital Paranos, Capital Badiola, Capital

PHP 7,212.33 PHP 7,212.33 PHP 7,212.33 PHP 7,212.33
3,422.77 3,422.77 3,422.77 3,422.77
- - - -
- - - -
PHP 10,635.11 PHP 10,635.11 PHP 10,635.11 PHP 10,635.11
8,825.92 8,825.92 8,825.92 8,825.92
- - -
- - -
PHP 19,461.02 PHP 19,461.02 PHP 19,461.02 PHP 19,461.02
15,246.66 15,246.66 15,246.66 15,246.66
- - -
- - -
PHP 34,707.68 PHP 34,707.68 PHP 34,707.68 PHP 34,707.68
22,856.91 22,856.91 22,856.91 22,856.91
- - -
- - -
PHP 57,564.59 PHP 57,564.59 PHP 57,564.59 PHP 57,564.59
31,856.57 31,856.57 31,856.57 31,856.57
- - -
- - -
PHP 89,421.16 PHP 89,421.16 PHP 89,421.16 PHP 89,421.16
Total Capital
PHP 43,274.00
20,536.64
PHP -
-
PHP 63,810.64
52,955.49
PHP -
-
PHP 97,305.11
91,479.94
PHP -
-
PHP 173,538.39
137,141.45
PHP -
-
PHP 287,822.93
191,139.43
PHP -
-
PHP 536,526.95
PROJECTED STATEMENT OF CASH FLOWS

YEAR 1 YEAR 2
Net Income 20,536.64 52,955.49
Depreciation 3,757.20 3,757.20
Decrease (Increase) in Office Supplies (414.00) -
Decrease (Increase) in Other Supplies (1,228.00) -
Cash inflow (outflow) as a result of operations 22,651.84 56,712.69

Capital Expenditures (20,755.00) -

Cash inflow (outflow) from Investing Activities (20,755.00) -

Partners additional investments (withdrawals) 0.00 0.00

Cash inflow (outflow) from Financing Activities 0.00 0.00

Net cash increase (decrease) for the period 1,896.84 56,712.69

Beginning cash balance 43,274.00 45,170.84
ENDING CASH BALANCES PhP45,170.84 PhP101,883.53
CASH FLOWS

YEAR 3 YEAR 4 YEAR 5

91,479.94 137,141.45 191,139.43
3,757.20 3,757.20 3,757.20
- - -
- - -
95,237.14 140,898.65 194,896.63

- - -
- - -

0.00 0.00 0.00

0.00 0.00 0.00

95,237.14 140,898.65 194,896.63

101,883.53 197,120.67 338,019.32
PhP197,120.67 PhP338,019.32 PhP532,915.95
Return on Investment YEAR 1 YEAR 2

Net Income PHP 20,536.64 PHP 52,955.49

Total Assets 63,810.64 116,766.13
Return on Investment 32.18% 45.35%

Payback Period

Investment PHP 43,274.00

Cash Inflow 22,651.84
Payback Period 1.91 year

YEAR 1 YEAR 2
Average UCM 6.43 7.30
Operating Expenses 62,614.00 62,614.00
Breakeven Point in Units 3,246 2,858
Breakeven Point in Sales 35,705.24 34,587.84

Selling Price 11.00 12.10

Unit Cost 4.57 4.80
YEAR 3 YEAR 4 YEAR 5

PHP 91,479.94 PHP 137,141.45 PHP 191,139.43

208,246.07 345,387.52 536,526.95
43.93% 39.71% 35.63%

approximately 2 years

YEAR 3 YEAR 4 YEAR 5

8.27 9.35 10.55
62,614.00 62,614.00 62,614.00
2,523 2,232 1,978
33,584.59 32,679.77 31,860.41
*Discrepancy in Amount is due to rounding off

13.31 14.64 16.11

5.04 5.29 5.55
Quantity Unit Unit Cost
Record book 1 pc PHP 50.00

Office Supplies
Calculator 1 pc 299.00
Notepad 1 pc 20.00
Ball pen 3 pcs 15.00
TOTAL

Office Supplies are replenished as needed.

Quantity Unit Unit Cost

Measuring spoons 1 set PHP 119.00
Measuring cup 1 set 95.00
Polvoron molder 4 pcs 25.00
Larger bowl 2 pcs 85.00
Kitchen Tools and Supplies

Spoon 2 pcs 35.00

Wooden Spoon 1 pc 125.00
Metal Sifter 1 pc 150.00
Baking sheets 2 pcs 130.00
Chopping board 2 pcs 25.00
Grater 1 pc 100.00
Scissor 1 pair 30.00
Plate 5 pcs 20.00
Nonstick Pan 1 pc 465.00
Kitchen Knife 1 pc 135.00
TOTAL

Kitchen Tools use inventory method of depreciation.

Quantity Unit Unit Cost

Dishwashing liquid 2 bottles PHP 45.00
Sponge 3 pcs 18.00
Cleaning Materials

Garbage Bag 5 pcs 15.00

Cleaning Cloth/Dry Towel 2 pcs 45.00
Broom 2 pcs 125.00
Dustpan 1 pc 50.00
Trash Bin 1 pc 499.00
Flat mops 1 pc 120.00
TOTAL

Quantity Unit Unit Cost

Mask 12 boxes PHP 35.00
Disposable Plastic Gloves 12 packs 18.00
Production
Supplies
Production
Supplies
Apron 12 Pieces 95.00
Pot Holder 12 Pieces 10.00
Hairnet 18 pieces 28.00
TOTAL

Equipment
LPG 1 pc 1200
Impulse Electric Sealer 1 pc 2235
Equipment

Weighting Scale 1 pc 150

Gas Stove 1 pc 995
Refrigerator 1 pc 11556
Acc. Dep.
CARRYING AMOUNT

Equipments use Straight-line method of depreciation with the useful life of 5 years and with no salvage value.

Furnitures and Fixtures

Table 1 pc 1,450.00
Furniture

Fixtures
s and

Chair 6 pcs 200.00

Acc. Dep.
CARRYING AMOUNT

All Furnitures and Fixtures use Straight-line method of depreciation with the useful life of 5 years and with no salva

Monthly
Overhead
Overhead

Water PHP 240.00

Electricity 1,200.00
Load 1,000.00
TOTAL PHP 2,440.00

Expenses for utilities will increase by 2% annually.

Salaries Monthly Salary

General Manager PHP 1,200.00
Sales and Marketing Officer 1,200.00
Direct Labor

Operations Officer 1,200.00

Financial Officer 1,200.00
Production Officer 1,200.00
Quality Control Officer 1,200.00
TOTAL PHP 7,200.00
Mayor’s permit

Permits and Licenses

Sanitary permit
Fire Inspection Fee
Bureau of Internal Revenue (BIR)
Department of Trade and Industry (DTI)
Garbage Fee
TOTAL

Ingredients Quantity Unit Unit Cost

Sangkaka 1 kg PHP 60.00
Pili 1 pack 100.00
Butter 1 pack 57.00
Raw Materials

Rice Flour 2 packs 67.00

Powdered Milk 1 pack 49.00
Cheese 1 pack 57.00
TOTAL
Yields
Unit
UNIT COST

Quantity Unit Unit Cost

Sealable Polvoron Wrapper 100 pcs PHP 1.10
Packaging

Printable Sticker 1 packs PHP 25.00

TOTAL
UNIT COST
YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
PHP 50.00 PHP 50.00 PHP 50.00 PHP 50.00 PHP 50.00
299.00 299.00 299.00 299.00 299.00
20.00 20.00 20.00 20.00 20.00
45.00 45.00 45.00 45.00 45.00
PHP 414.00 PHP 414.00 PHP 414.00 PHP 414.00 PHP 414.00

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

PHP 119.00 PHP 119.00 PHP 119.00 PHP 119.00 PHP 119.00
95.00 95.00 95.00 95.00 95.00
100.00 100.00 100.00 100.00 100.00
170.00 170.00 170.00 170.00 170.00
70.00 70.00 70.00 70.00 70.00
125.00 125.00 125.00 125.00 125.00
150.00 150.00 150.00 150.00 150.00
260.00 260.00 260.00 260.00 260.00
50.00 50.00 50.00 50.00 50.00
100.00 100.00 100.00 100.00 100.00
30.00 30.00 30.00 30.00 30.00
100.00 100.00 100.00 100.00 100.00
465.00 465.00 465.00 465.00 465.00
135.00 135.00 135.00 135.00 135.00
PhP1,969.00 PhP1,969.00 PhP1,969.00 PhP1,969.00 PhP1,969.00

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

PHP 90.00 PHP 90.00 PHP 90.00 PHP 90.00 PHP 90.00
54.00 54.00 54.00 54.00 54.00
75.00 75.00 75.00 75.00 75.00
90.00 90.00 90.00 90.00 90.00
250.00 250.00 250.00 250.00 250.00
50.00 50.00 50.00 50.00 50.00
499.00 499.00 499.00 499.00 499.00
120.00 120.00 120.00 120.00 120.00
PHP 1,228.00 PHP 1,228.00 PHP 1,228.00 PHP 1,228.00 PHP 1,228.00

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

PHP 420.00 PHP 420.00 PHP 420.00 PHP 420.00 PHP 420.00
216.00 216.00 216.00 216.00 216.00
1,140.00 1,140.00 1,140.00 1,140.00 1,140.00
120.00 120.00 120.00 120.00 120.00
504.00 504.00 504.00 504.00 504.00
PHP 2,400.00 PHP 2,400.00 PHP 2,400.00 PHP 2,400.00 PHP 2,400.00

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

PHP 1,200.00 PHP 1,200.00 PHP 1,200.00 PHP 1,200.00 PHP 1,200.00
PHP 2,235.00 PHP 2,235.00 PHP 2,235.00 PHP 2,235.00 PHP 2,235.00
PHP 150.00 PHP 150.00 PHP 150.00 PHP 150.00 PHP 150.00
995.00 995.00 995.00 995.00 995.00
11,556.00 11,556.00 11,556.00 11,556.00 11,556.00
(3,227.20) (6,454.40) (9,681.60) (12,908.80) (16,136.00)
PhP12,908.80 PhP9,681.60 PhP6,454.40 PhP3,227.20 PhP0.00

f 5 years and with no salvage value.

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

1,450.00 1,450.00 1,450.00 1,450.00 1,450.00
1,200.00 1,200.00 1,200.00 1,200.00 1,200.00
(530.00) (1,060.00) (1,590.00) (2,120.00) (2,650.00)
PhP2,120.00 PhP1,590.00 PhP1,060.00 PhP530.00 PhP0.00

he useful life of 5 years and with no salvage value.

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

PHP 2,880.00 PHP 2,937.60 PHP 2,996.35 PHP 3,056.28 PHP 3,117.40
14,400.00 14,688.00 14,981.76 15,281.40 15,587.02
12,000.00 12,240.00 12,484.80 12,734.50 12,989.19
PhP29,280.00 PhP29,865.60 PhP30,462.91 PhP31,072.17 PhP31,693.61

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

PHP 14,400.00 PHP 14,400.00 PHP 14,400.00 PHP 14,400.00 PHP 14,400.00
14,400.00 14,400.00 14,400.00 14,400.00 14,400.00
14,400.00 14,400.00 14,400.00 14,400.00 14,400.00
14,400.00 14,400.00 14,400.00 14,400.00 14,400.00
14,400.00 14,400.00 14,400.00 14,400.00 14,400.00
14,400.00 14,400.00 14,400.00 14,400.00 14,400.00
PHP 86,400.00 PHP 86,400.00 PHP 86,400.00 PHP 86,400.00 PHP 86,400.00

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

300.00 300.00 300.00 300.00 300.00
150.00 150.00 150.00 150.00 150.00
100.00 100.00 100.00 100.00 100.00
850.00 850.00 850.00 850.00 850.00
700.00 700.00 700.00 700.00 700.00
100.00 100.00 100.00 100.00 100.00
PHP 2,200.00 PHP 2,200.00 PHP 2,200.00 PHP 2,200.00 PHP 2,200.00

PER RECIPE PER DAY PER WEEK PER MONTH PER YEAR
PHP 60.00 PHP 180.00 PHP 360.00 PHP 1,440.00 PHP 17,280.00
100.00 300.00 600.00 2,400.00 28,800.00
57.00 171.00 342.00 1,368.00 16,416.00
134.00 402.00 804.00 3,216.00 38,592.00
49.00 147.00 294.00 1,176.00 14,112.00
57.00 171.00 342.00 1,368.00 16,416.00
PHP 457.00 PHP 1,371.00 PHP 2,742.00 PHP 10,968.00 PHP 131,616.00
100 300.00 600.00 2,400.00 28,800.00
pcs pcs pcs pcs pcs
PHP 4.57 PHP 4.57 PHP 4.57 PHP 4.57 PHP 4.57

PER RECIPE PER DAY PER WEEK PER MONTH PER YEAR
PHP 110.00 PHP 330.00 PHP 660.00 PHP 2,640.00 PHP 31,680.00
25.00 75.00 150.00 600.00 7,200.00
PHP 135.00 PHP 405.00 PHP 810.00 PHP 3,240.00 PHP 38,880.00
PHP 1.35
Direct Materials Base YEAR 1 YEAR 2 YEAR 3
Raw Materials 10,968.00 PHP 131,616.00 PHP 145,106.64 PHP 159,980.07
Spoilage 34.74 1,316.16 1,451.07 1,599.80
Packaging #NAME? #NAME? 40,824.00 42,865.20
TOTAL #NAME? PHP 187,381.71 PHP 204,445.07

Direct Labor Base YEAR 1 YEAR 2 YEAR 3

Cost of Labor 2,400.00 PHP 28,800.00 PHP 28,800.00 PHP 28,800.00
TOTAL PHP 28,800.00 PHP 28,800.00 PHP 28,800.00

Overhead Base YEAR 1 YEAR 2 YEAR 3

Utilities Expense 2,440.00 PHP 29,280.00 PHP 29,865.60 PHP 30,462.91
Depreciation 313.10 3,757.20 3,757.20 3,757.20
TOTAL PHP 33,037.20 PHP 33,622.80 PHP 34,220.11

Expenses Base YEAR 1 YEAR 2 YEAR 3

Office Supplies 414.00 PHP 2,814.00 PHP 2,814.00 PHP 2,814.00
Permits and Licenses 2,200.00 2,200.00 2,200.00 2,200.00
TOTAL PHP 5,014.00 PHP 5,014.00 PHP 5,014.00

Accumulated Dep. Base YEAR 1 YEAR 2 YEAR 3

Equipment 313.10 PHP 3,757.20 PHP 6,454.40 PHP 9,681.60
TOTAL PHP 3,757.20 PHP 6,454.40 PHP 9,681.60
YEAR 4 YEAR 5
PHP 176,378.03 PHP 194,456.78
1,763.78 1,944.57
45,008.46 47,258.88
PHP 223,150.27 PHP 243,660.23

YEAR 4 YEAR 5
PHP 28,800.00 PHP 28,800.00
PHP 28,800.00 PHP 28,800.00

YEAR 4 YEAR 5
PHP 31,072.17 PHP 31,693.61
3,757.20 3,757.20
PHP 34,829.37 PHP 35,450.81

YEAR 4 YEAR 5
PHP 2,814.00 PHP 2,814.00
2,200.00 2,200.00
PHP 5,014.00 PHP 5,014.00

YEAR 4 YEAR 5
PHP 12,908.80 PHP 16,136.00
PHP 12,908.80 PHP 16,136.00