TOTAL PROJECTED COST

Kitchen Tools PHP 22,698.75

Equipment 44,000.00
Office Supplies 200.00
Raw Materials 1,199.24
Labor/Salaries 9,000.00
Packaging 660.60
Utilities 2,780.00
Permits and Licenses 1,845.00
Production Materials 1,592.00
TOTAL PHP 83,975.59
 FINANCIER'S CONTRIBUTION
Share of Each Partner in the Capital
Dipaculang, Capital PHP 12,500.00 33.33%
Marpuri, Capital 12,500.00 33.33%
Vargas, Capital 12,500.00 33.34%
TOTAL CAPITAL PHP 37,500.00 100.00%
 PROJECTED BALAN

YEAR 1 YEAR 2
ASSETS Dr. Cr. Dr.
Cash PHP 511,598.92 PHP 1,103,115.09
Office Supplies 200.00 200.00
Other Supplies 1,592.00 1,592.00
Property, Plant and Equipment (Net) 57,898.75 49,098.75

LIABILITIES AND PARTNER'S EQUITY

Liabilities -
Partners' Equity
Dipaculang, Capital 190,429.89
Marpuri, Capital 190,429.89
Vargas, Capital 190,429.89
PhP571,289.67 PhP571,289.67 PhP1,154,005.84
 PROJECTED BALANCE SHEET

YEAR 2 YEAR 3 YEAR 4

Cr. Dr. Cr. Dr. Cr.
PHP 1,746,233.40 PHP 2,443,767.87
200.00 200.00
1,592.00 1,592.00
40,298.75 31,498.75

- - -

384,668.61 596,108.05 825,686.21

384,668.61 596,108.05 825,686.21
384,668.61 596,108.05 825,686.21
PhP1,154,005.84 PhP1,788,324.15 PhP1,788,324.15 PhP2,477,058.62 PhP2,477,058.62
 YEAR 5
Dr. Cr.
PHP 3,198,677.88
200.00
1,592.00
22,698.75

1,074,389.54
1,074,389.54
1,074,389.54
PhP3,223,168.63 PhP3,223,168.63
 PROJECTED INCOME STATE

YEAR 1 YEAR 2
Sales PHP 1,166,400.00
Less: Cost of Goods Sold
Raw Materials 345,381.12 352,288.74
Packaging 95,126.40 95,126.40
Allowance for Spoilage 3,453.81 3,522.89
Direct Materials 443,961.33 450,938.03
Direct Labor 108,000.00 108,000.00
Overhead 42,160.00 42,827.20
594,121.33
Gross Profit PHP 572,278.67
Less:
Office Supplies Expense 200.00 200.00
Permits and Licenses 1,845.00 1,845.00
Other Supplies Expenses 1,452.00 3,497.00 1,452.00
Net Profit before Tax PHP 568,781.67
Percentage Tax (3%) 34,992.00
Net Profit After Tax PhP533,789.67
 PROJECTED INCOME STATEMENT

YEAR 2 YEAR 3 YEAR 4

PHP 1,224,720.00 PHP 1,285,956.00 PHP 1,350,253.80

359,334.52 366,521.21
95,126.40 95,126.40
3,593.35 3,665.21
458,054.26 465,312.82
108,000.00 108,000.00
43,507.74 44,201.90
601,765.23 609,562.01 617,514.72
PHP 622,954.77 PHP 676,393.99 PHP 732,739.08

200.00 200.00
1,845.00 1,845.00
3,497.00 1,452.00 3,497.00 1,452.00 3,497.00
PHP 619,457.77 PHP 672,896.99 PHP 729,242.08
36,741.60 38,578.68 40,507.61
PhP582,716.17 PhP634,318.31 PhP688,734.47
 YEAR 5
PHP 1,417,766.49

373,851.63
95,126.40
3,738.52
472,716.55
108,000.00
44,909.94
625,626.48
PHP 792,140.01

200.00
1,845.00
1,452.00 3,497.00
PHP 788,643.01
42,532.99
PhP746,110.01
 PROJECTED STATEMENT OF PARTNER'S EQUITY

Dipaculang, Capital Marpuri, Capital

Beginning Balance PHP 12,500.00 PHP 12,500.00
Add: Share in Net Income (Loss) 177,929.89 177,929.89
Add: Additional Investment - -
Less: Withdrawals - -
Ending Balance, Year 1 PHP 190,429.89 PHP 190,429.89
Add: Share in Net Income (Loss) 194,238.72 194,238.72
Add: Additional Investment - -
Less: Withdrawals - -
Ending Balance, Year 2 PHP 384,668.61 PHP 384,668.61
Add: Share in Net Income (Loss) 211,439.44 211,439.44
Add: Additional Investment - -
Less: Withdrawals - -
Ending Balance, Year 3 PHP 596,108.05 PHP 596,108.05
Add: Share in Net Income (Loss) 229,578.16 229,578.16
Add: Additional Investment - -
Less: Withdrawals - -
Ending Balance, Year 4 PHP 825,686.21 PHP 825,686.21
Add: Share in Net Income (Loss) 248,703.34 248,703.34
Add: Additional Investment - -
Less: Withdrawals - -
Ending Balance, Year 5 PHP 1,074,389.54 PHP 1,074,389.54
R'S EQUITY

Vargas, Capital Total Capital

PHP 12,500.00 PHP 37,500.00
177,929.89 533,789.67
- -
- -
PHP 190,429.89 PHP 571,289.67
194,238.72 582,716.17
- -
- -
PHP 384,668.61 PHP 1,154,005.84
211,439.44 634,318.31
- -
- -
PHP 596,108.05 PHP 1,788,324.15
229,578.16 688,734.47
- -
- -
PHP 825,686.21 PHP 2,477,058.62
248,703.34 746,110.01
- -
- -
PHP 1,074,389.54 PHP 3,223,168.63
 PROJECTED STATEMENT OF CASH FLOWS

YEAR 1 YEAR 2
Net Income 533,789.67 582,716.17
Depreciation 8,800.00 8,800.00
Decrease (Increase) in Office Supplies (200.00) -
Decrease (Increase) in Other Supplies (1,592.00) -
Cash inflow (outflow) as a result of operations 540,797.67 591,516.17

Capital Expenditures (66,698.75) -

Cash inflow (outflow) from Investing Activities (66,698.75) -

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 474,098.92 591,516.17

Beginning cash balance 37,500.00 511,598.92
ENDING CASH BALANCES PhP511,598.92 PhP1,103,115.09
ASH FLOWS

YEAR 3 YEAR 4 YEAR 5

634,318.31 688,734.47 746,110.01
8,800.00 8,800.00 8,800.00
- - -
- - -
643,118.31 697,534.47 754,910.01

- - -
- - -

0.00 0.00 0.00

0.00 0.00 0.00

643,118.31 697,534.47 754,910.01

1,103,115.09 1,746,233.40 2,443,767.87
PhP1,746,233.40 PhP2,443,767.87 PhP3,198,677.88
Return on Investment YEAR 1 YEAR 2

Net Income PHP 533,789.67 PHP 582,716.17

Total Assets 571,289.67 1,154,005.84
Return on Investment 93.44% 50.50%

Payback Period

Investment PHP 37,500.00

Cash Inflow 540,797.67
Payback Period 0.07 year
 YEAR 3 YEAR 4 YEAR 5

PHP 634,318.31 PHP 688,734.47 PHP 746,110.01

1,788,324.15 2,477,058.62 3,223,168.63
35.47% 27.80% 23.15%
 Quantity Unit Unit Cost YEAR 1
Calculator 1 pcs PHP 100.00 PHP 100.00

Supplies
Logbook 2 pcs 30.00 60.00
Office Pen 2 pcs 20.00 40.00
TOTAL PHP 200.00

Office Supplies are replenished as needed.

Quantity Unit Unit Cost YEAR 1

Metal Sifter 2 pcs PHP 150.00 PHP 300.00
Measuring Spoon 2 set 150.00 300.00
Rubber Scraper 12 pcs 150.00 1,800.00
Mixing Bowl 12 pcs 500.00 6,000.00
Kitchen Tools

French Knife or Chef's 1 set 7,000.00 7,000.00

Knife
Chopping Board 3 pcs. 200.00 600.00
Wooden Spoon 12 pcs. 100.00 1,200.00
Double Boiler 5 pcs. 1,099.75 5,498.75
TOTAL PhP22,698.75

Kitchen Tools use inventory method of depreciation.

Quantity Unit Unit Cost YEAR 1

Apron 3 pcs PHP 150.00 PHP 450.00
Broom 2 pcs 50.00 100.00
Dishwashing Liquid 2 pcs 20.00 40.00
Dishwasing Gloves 3 pairs 30.00 90.00
Other Supplies

Hair Net 6 pcs 20.00 120.00

Dust Pan 2 pcs 40.00 80.00
Mop 2 pcs 150.00 300.00
Trash Can 2 pcs 40.00 80.00
Garbage Bag 30 pcs 1.40 42.00
Kitchen Towel 3 pcs 30.00 90.00
Plastic Food Wrapper 2 roll 100.00 200.00
TOTAL PHP 1,592.00

YEAR 1
Chair Costs PHP 450.00
Working Table 400.00
Furniture

Fixture
and

Working Cabinet 800.00

Acc. Dep. (330.00)
CARRYING AMOUNT PhP1,320.00
 YEAR 1
Electric Mizer Costs PHP 20,000.00
Freezer 15,000.00

Equipment
Gas Stove 7,000.00
Weighting Scale 1,000.00
Blender 1,000.00
Acc. Dep. (8,800.00)
CARRYING AMOUNT PhP35,200.00

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

Utilities Monthly YEAR 1

Electricity PHP 800.00 PHP 9,600.00
Overhead

Water 500.00 6,000.00

Rent 300.00 3,600.00
Transportation 300.00 3,600.00
LPG 880.00 10,560.00
TOTAL PHP 2,780.00 PhP33,360.00

Expenses for utilities will increase by 2% annually.

Salaries No. of Workers Monthly Salary YEAR 1

Direct Labor

Production Manager 1 PHP 3,000.00 PHP 36,000.00

Marketing Manager 1 3,000.00 36,000.00
Financial Manager 1 3,000.00 36,000.00
TOTAL PHP 9,000.00 PHP 108,000.00

YEAR 1
Mayor's Permit PHP 200.00
Permits and Licenses

Sanitary Permit 200.00

Clearance Fee 95.00
DTI Permit 500.00
BIR 500.00
Fire Inspection 350.00
TOTAL PHP 1,845.00

Ingredients Quantity Unit Unit Price PER RECIPE

Squash 1/ 2 kg 100.00 PHP 50.00
Condensed Milk 3 cans 30.00 90.00
All-Purpose Cream 2 pcs 54.78 109.56
Raw Materials

Coconut Milk 4 cups 3.50 14.00

Cassava Flour 1/4 kg 50.00 12.50
Vanilla 1 tbsp 5.00 5.00
Cheese 1/2 cup 30.00 15.00
Raw Materi
TOTAL PHP 296.06
Yields 45
Unit pcs
UNIT COST PHP 6.58

Ingredients Quantity Unit Unit Price PER RECIPE

Sweet Potato 1/ 2 kg 30.00 PHP 15.00
Condensed Milk 3 cans 30.00 90.00
All-Purpose Cream 2 pcs 54.78 109.56
Raw Materials

Coconut Milk 4 cups 5.00 20.00

Cassava Flour 1/4 kg 40.00 10.00
Vanilla 1 spoon 5.00 5.00
Cheese 1 pack 35.00 35.00
TOTAL PHP 284.56
Yields 45
Unit pcs
UNIT COST PHP 6.32

Ingredients Quantity Unit Unit Price PER RECIPE

Monggo 1/ 2 kg 100.00 PHP 50.00
Condensed Milk 3 cans 30.00 90.00
All-Purpose Cream 2 pcs 54.78 109.56
Raw Materials

Coconut Milk 4 cups 5.00 20.00

Cassava Flour 1/4 kg 40.00 10.00
Vanilla 1 tbsp 5.00 5.00
Cheese 1 pack 35.00 35.00
TOTAL PHP 319.56
Yields 45
Unit pcs
UNIT COST PHP 7.10

Ingredients Quantity Unit Unit Price PER RECIPE

Carrots 1/ 2 kg 100.00 PHP 50.00
Condensed Milk 3 cans 30.00 90.00
All-Purpose Cream 2 pcs 54.78 109.56
Raw Materials

Coconut Milk 4 cups 4.25 17.00

Cassava Flour 1/4 kg 50.00 12.50
Vanilla 1 tbsp 5.00 5.00
Cheese 1/2 cup 30.00 15.00
TOTAL PHP 299.06
Yields 45
Unit pcs
UNIT COST PHP 6.65
 Quantity Unit Unit Cost PER RECIPE (180)
Logo in Sticker Paper 180 pcs PHP 1.67 PHP 300.60

Packagin
Plastic Container 180 pcs 2.00 360.00

g
TOTAL PHP 660.60
UNIT COST PHP 3.67
 YEAR 2 YEAR 3 YEAR 4 YEAR 5
PHP 100.00 PHP 100.00 PHP 100.00 PHP 100.00
60.00 60.00 60.00 60.00
40.00 40.00 40.00 40.00
PHP 200.00 PHP 200.00 PHP 200.00 PHP 200.00

YEAR 2 YEAR 3 YEAR 4 YEAR 5

PHP 300.00 PHP 300.00 PHP 300.00 PHP 300.00
300.00 300.00 300.00 300.00
1,800.00 1,800.00 1,800.00 1,800.00
6,000.00 6000.00 6000.00 6000.00

7,000.00 7,000.00 7,000.00 7,000.00

600.00 600.00 600.00 600.00

1,200.00 1200.00 1200.00 1200.00
5,498.75 5,498.75 5,498.75 5,498.75
PhP22,698.75 PhP22,698.75 PhP22,698.75 PhP22,698.75

YEAR 2 YEAR 3 YEAR 4 YEAR 5

PHP 450.00 PHP 450.00 PHP 450.00 PHP 450.00
100.00 100.00 100.00 100.00
40.00 40.00 40.00 40.00
90.00 90.00 90.00 90.00
120.00 120.00 120.00 120.00
80.00 80.00 80.00 80.00
300.00 300.00 300.00 300.00
80.00 80.00 80.00 80.00
42.00 42.00 42.00 42.00
90.00 90.00 90.00 90.00
200.00 200.00 200.00 200.00
PHP 1,592.00 PHP 1,592.00 PHP 1,592.00 PHP 1,592.00

YEAR 2 YEAR 3 YEAR 4 YEAR 5

PHP 450.00 PHP 450.00 PHP 450.00 PHP 450.00
400.00 400.00 400.00 400.00
800.00 800.00 800.00 800.00
(660.00) (990.00) (1,320.00) (1,650.00)
PhP990.00 PhP660.00 PhP330.00 PhP0.00
 YEAR 2 YEAR 3 YEAR 4 YEAR 5
PHP 20,000.00 PHP 20,000.00 PHP 20,000.00 PHP 20,000.00
15,000.00 15,000.00 15,000.00 15,000.00
7,000.00 7,000.00 7,000.00 7,000.00
1,000.00 1,000.00 1,000.00 1,000.00
1,000.00 1,000.00 1,000.00 1,000.00
(17,600.00) (26,400.00) (35,200.00) (44,000.00)
PhP26,400.00 PhP17,600.00 PhP8,800.00 PhP0.00

ith no salvage value.

YEAR 2 YEAR 3 YEAR 4 YEAR 5

PHP 9,792.00 PHP 9,987.84 PHP 10,187.60 PHP 10,391.35
6,120.00 6,242.40 6,367.25 6,494.59
3,672.00 3,745.44 3,820.35 3,896.76
3,672.00 3,745.44 3,820.35 3,896.76
10,771.20 10,986.62 11,206.36 11,430.48
PhP34,027.20 PhP34,707.74 PhP35,401.90 PhP36,109.94

YEAR 2 YEAR 3 YEAR 4 YEAR 5

PHP 36,000.00 PHP 36,000.00 PHP 36,000.00 PHP 36,000.00

36,000.00 36,000.00 36,000.00 36,000.00
36,000.00 36,000.00 36,000.00 36,000.00
PHP 108,000.00 PHP 108,000.00 PHP 108,000.00 PHP 108,000.00

YEAR 2 YEAR 3 YEAR 4 YEAR 5

PHP 200.00 PHP 200.00 PHP 200.00 PHP 200.00
200.00 200.00 200.00 200.00
95.00 95.00 95.00 95.00
500.00 500.00 500.00 500.00
500.00 500.00 500.00 500.00
350.00 350.00 350.00 350.00
PHP 1,845.00 PHP 1,845.00 PHP 1,845.00 PHP 1,845.00

PER PRODUCTION PER WEEK PER MONTH PER YEAR

PHP 50.00 PHP 300.00 PHP 1,200.00 PHP 14,400.00
90.00 540.00 2,160.00 25,920.00
109.56 657.36 2,629.44 31,553.28
14.00 84.00 336.00 4,032.00
12.50 75.00 300.00 3,600.00
5.00 30.00 120.00 1,440.00
PHP 15.00 90.00 360.00 4,320.00
PHP 296.06 PHP 1,776.36 PHP 7,105.44 PHP 85,265.28
45.00 270.00 1,080.00 12,960.00
pcs packs packs packs
PHP 6.58 PHP 6.58 PHP 6.58 PHP 6.58

PER PRODUCTION PER WEEK PER MONTH PER YEAR

PHP 15.00 PHP 90.00 PHP 360.00 PHP 4,320.00
90.00 540.00 2,160.00 25,920.00
109.56 657.36 2,629.44 31,553.28
20.00 120.00 480.00 5,760.00
10.00 60.00 240.00 2,880.00
5.00 30.00 120.00 1,440.00
PHP 35.00 210.00 840.00 10,080.00
PHP 284.56 PHP 1,707.36 PHP 6,829.44 PHP 81,953.28
45.00 270.00 1,080.00 12,960.00
pcs packs packs packs
PHP 6.32 PHP 6.32 PHP 6.32 PHP 6.32

PER PRODUCTION PER WEEK PER MONTH PER YEAR

PHP 50.00 PHP 300.00 PHP 1,200.00 PHP 14,400.00
90.00 540.00 2,160.00 25,920.00
109.56 657.36 2,629.44 31,553.28
20.00 120.00 480.00 5,760.00
10.00 60.00 240.00 2,880.00
5.00 30.00 120.00 1,440.00
PHP 35.00 210.00 840.00 10,080.00
PHP 319.56 PHP 1,917.36 PHP 7,669.44 PHP 92,033.28
45.00 270.00 1,080.00 12,960.00
pcs packs packs packs
PHP 7.10 PHP 7.10 PHP 7.10 PHP 7.10

PER PRODUCTION PER WEEK PER MONTH PER YEAR

PHP 50.00 PHP 300.00 PHP 1,200.00 PHP 14,400.00
90.00 540.00 2,160.00 25,920.00
109.56 657.36 2,629.44 31,553.28
17.00 102.00 408.00 4,896.00
12.50 75.00 300.00 3,600.00
5.00 30.00 120.00 1,440.00
PHP 15.00 90.00 360.00 4,320.00
PHP 299.06 PHP 1,794.36 PHP 7,177.44 PHP 86,129.28
45.00 270.00 1,080.00 12,960.00
pcs packs packs packs
PHP 6.65 PHP 6.65 PHP 6.65 PHP 6.65
PER PRODUCTION PER WEEK PER MONTH PER YEAR
PHP 300.60 PHP 901.80 PHP 3,607.20 PHP 43,286.40
360.00 1,080.00 4,320.00 51,840.00
PHP 660.60 PHP 1,981.80 PHP 7,927.20 PHP 95,126.40
Direct Materials Base YEAR 1 YEAR 2 YEAR 3 YEAR 4
Raw Materials 28,781.76 345,381.12 PHP 352,288.74 PHP 359,334.52 PHP 366,521.21
Spoilage 287.82 3,453.81 3,522.89 3,593.35 3,665.21
Packaging 7,927.20 95,126.40 95,126.40 95,126.40 95,126.40
TOTAL PHP 443,961.33 PHP 450,938.03 PHP 458,054.26 PHP 465,312.82

Direct Labor Base YEAR 1 YEAR 2 YEAR 3 YEAR 4

Cost of Labor 9,000.00 PHP 108,000.00 PHP 108,000.00 PHP 108,000.00 PHP 108,000.00
TOTAL PHP 108,000.00 PHP 108,000.00 PHP 108,000.00 PHP 108,000.00

Overhead Base YEAR 1 YEAR 2 YEAR 3 YEAR 4

Utilities Expense 2,780.00 PHP 33,360.00 PHP 34,027.20 PHP 34,707.74 PHP 35,401.90
Depreciation 733.33 8,800.00 8,800.00 8,800.00 8,800.00
TOTAL PHP 42,160.00 PHP 42,827.20 PHP 43,507.74 PHP 44,201.90

Expenses Base YEAR 1 YEAR 2 YEAR 3 YEAR 4

Office Supplies 200.00 PHP 200.00 PHP 200.00 PHP 200.00 PHP 200.00
Permits and Licenses 1,845.00 1,845.00 1,845.00 1,845.00 1,845.00
Other Supplies Expen 1,592.00 1,452.00 1,452.00 1,452.00 1,452.00
TOTAL PHP 3,497.00 PHP 3,497.00 PHP 3,497.00 PHP 3,497.00

Accumulated Dep. Base YEAR 1 YEAR 2 YEAR 3 YEAR 4

Equipment 733.33 8,800.00 17,600.00 26,400.00 35,200.00
TOTAL PHP 8,800.00 PHP 17,600.00 PHP 26,400.00 PHP 35,200.00
 YEAR 5
PHP 373,851.63
3,738.52
95,126.40
PHP 472,716.55

YEAR 5
PHP 108,000.00
PHP 108,000.00

YEAR 5
PHP 36,109.94
8,800.00
PHP 44,909.94

YEAR 5
PHP 200.00
1,845.00
1,452.00
PHP 3,497.00

YEAR 5
44,000.00
PHP 44,000.00