Professional Documents
Culture Documents
Interest Income
Investment Interest Rate 2017 Amount 2018
Cash in Bank 0.25% 100,000 250
Time Deposit 0.75% 400,000 3,000
Mutual Funds (Bonds) 1.61% 3,218
Total Interest Income 6,468
wala pang
interest
income kasi
kunwari dec
31 2017
nag invest
nung
temporary
investment
so sa 2018
ma accrue
ung interest
income.
Para mas
simple ung
computation
. Nakakalula
ung
numbers eh
hahahaha.
tas ung amounts echos ko lang yan pero ung time depo
ung bonds din 1 year lang
Err:509
2022
3012
60
2952
335
3287
2973
314
Partners' Capital
Agustin, Capital 350,000.00
Avestro Capital 350,000.00
Culannay, Capital 350,000.00
Dela Cruz, Capital 350,000.00
Sermona, Capital 350,000.00
Agustin, Drawings (51,308.00)
Avestro Drawings (53,809.00)
Culannay, Drawings (68,808.00)
Dela Cruz, Drawings (41,308.00)
Sermona, Drawings (41,307.00)
Income Summary
Total Partners' Capital 1,493,460.00
Total Liabilties and Partners' Capital 1,553,748.00
Entries
Raw Materials Inventory (Direct)(incldues freight in) 896,622.00
Input VAT 106,878.00
Cash 1,003,500.00
cOGS 1600380
Finished Goods Inventory (COGS) 1,600,380
Cash 2535002
Sales Discount 25606
Output VAT 271607
Sales 2,289,001.00
Cash 400,000
Temporary Investment 400,000
128,727
1500
Salaries Payable Agustin, Drawings
22489 25588
4497 15720
10000
26986
Sermona, Drawings Income Summary
25588 -78599
15719
-41307
890,646.00 997,523.52 106,877.52
477.18 -
13153
0
14731.36
872,762.98
12803
1,600,380
sales 2560608
sales discount 25606 25606.08
cash received 2535002
less vat 271607 271,607.40
net sales 2263395 2,263,394.64
2289001 -
2,535,002.00
1730 0
39940 0
4527
5021 VAT
3905 UP, end 0 15911
42957.75
870
8117.76 0
7441.5
-15719.80
-78599 78599 0
VAT
301 709
2812.32
405
3777.76
138067
1110
6660
1250 1500
1200
2624 3936
690,333
2304
21505.12
188
1750.56
4302.83333333 47331.1666666667
4303
220.2
83,941.00
VAT PAYABLE Office Supplies Inventory
271607 0
14422 12697
1,725.00
F&F
42590 4527
38,063.00
HDMF Premium Payable
1000
200
91,572
7,631 1200
Agustin, Drawings Avestro Drawings
25589
15720
12500
-51308 -53809
Income Summary
Temporary Investments PPE
400,000 400,000 361379 39940
450000
450,000.00 321,439.00
Utilities Payable SSS and EC Premium Payable
42958 5452 5550
5452 46863 1110
38401 8118
47331 41892
7442 51634
6660
Withholding Tax Payable
3280
656
12375
148507
3936
Culannay, Drawings Dela Cruz, Drawings
25588 25588
15720 15720
27500
-68808 -41308
Operating Activities
Cash Received from Cutomers 2535002
Cash Paid to/for:
Direct Materials (Suppliers) (1,003,500.00) (1,016,653.00)
Office Supplies (suppliers) -16152
Production tools (Suppliers) -7375
indirect Materials (suppliers) -13153
Sanitation Supplies (Suppliers) -2055
Salaries and employee benefits - store -138067
Frieght Out -23904
Advertising -53000
Insurance - store -500
Store Tools -3778
Rent - store -168000
Sanitation Supplies - selling -2812
Sanitation Supplies - office -1751 -6618
Rent las pinas -300000
Transportation Cost -78624
Utilities - pre op -5452
Salaries - production -690333
utilities - office -38401
Insurance - production -2500
Utilities - Production -47331
Utilities - electricity store -42958
utilities - warehouse -7442
Income tax
Packaging -21505
VAT -83941
Maintenance -7500
Net Cash Inflow (Outflow) from Operating Activities (225,032)
Investing Activities
Cash received from:
Interest Income 7541
Temporary Investment 400,000
Cash paid to/for:
Temporary Investment -450000
Net Cash Inflow (Outflow) from Investing Activities -42459
Financing Activities
Withdrawals by Partners -50000
Net Cash Inflow (Outflow) from Financing Activities -50000
Partners' Capital
Agustin, Capital 350,000.00
Avestro Capital 350,000.00
Culannay, Capital 350,000.00
Dela Cruz, Capital 350,000.00
Sermona, Capital 350,000.00
Agustin, Drawings (66,421.00)
Avestro Drawings (38,122.00)
Culannay, Drawings (81,422.00)
Dela Cruz, Drawings (38,922.00)
Sermona, Drawings (46,420.00)
Income Summary 0.00
Total Partners' Capital 1,478,693.00
Total Liabilties and Partners' Capital 1,556,274.00
Entries
Raw Materials Inventory (Direct)(incldues freight in) 879,281.00
Input VAT 104,771.00
Cash 984,052.00
cOGS 1861387
Finished Goods Inventory (COGS) 1,861,387
Cash 3018800
Sales Discount 30493
Output VAT 323443
Sales 2,725,850.00
Cash 450,000
Temporary Investment 450,000
125,082
1,500.00
Salaries Payable Agustin, Drawings
26,986.00 (51,308.00)
26,986.00 23,233.00
4647 -25000
27,880.00
Sermona, Drawings Income Summary
(41,307.00) 60233
-15000 9887
(46,420.00)
873,090.00 977,860.80 104,770.80
448.16
13734
0
15382.08
5695.6625
5202
48550.88 VAT Utilities
16424
44505.0833333
8410.08
7709.16666667
9886.6
60233 0
1255.52
56 VAT
518.56 187
0
0
143043
835
6990
1250 1500 858263
1200
2888 4253
715,220
2548
23782.08
61
570.08
25231.36 2703.36 23128.7466666667
2020.48 216.48 75093 1852.1066666667
15588.16 1670.16 84104.16 14289.1466666667
42840.00 4590.00 77095.48 39270
13917.8571428571
39270
4457.75 49035.25
70.2
189,461.92
25814.10
19360.575
VAT PAYABLE Office Supplies Inventory
7,631.00 1,725.00
323443 8470 8156
2,039.00
F&F
38,063.00 4527
33,536.00
HDMF Premium Payable
1,200.00
1,200.00 1,000.00
200
198,361.00
16,530 1,200.00
Agustin, Drawings Avestro Drawings
(53,809.00)
9887 20687
-5000
(66,421.00) (38,122.00)
Income Summary FGI
265,444.00 1861387
60233 1891559
0 295,616.00
Temporary Investments PPE
450,000 450,000 321,439.00 39940
430000
430,000.00 281,499.00
Utilities Payable SSS and EC Premium Payable
44505 12,375.00 6,660.00
12375 48551 6,660.00 5,825.00
39270 8410 1165
49035 42840
53493
7709 6,990.00
Withholding Tax Payable
3,936.00
3,936.00 3,544.00
12,775.00 709
4,253.00
Culannay, Drawings Dela Cruz, Drawings
(68,808.00) (41,308.00)
9886 9886
-22500 -7500
(81,422.00) (38,922.00)
Income Tax Payable
25814
19361
6453
Operating Activities
Cash Received from Cutomers 3018800
Cash Paid to/for:
Direct Materials (Suppliers) (984,052.00) (997,786.00)
Office Supplies (suppliers) -9487
Production tools (Suppliers) -1256
indirect Materials (suppliers) -13734
Sanitation Supplies (Suppliers) -655
Salaries and employee benefits - store -143043
Frieght Out -24765
Advertising -54908
Insurance - store -500
utilties - warehouse -7709 -152894
Rent - store -168000 -1744
Sanitation Supplies - selling -519
Sanitation Supplies - office -570
Rent las pinas -300000
Transportation Cost -81454
Utilities - last year -12375
Salaries - production -715220
utilities - office -39270
Insurance - production -2500
Utilities - production -49035
Utilities - electricity store -44505
Salaries and employee benefits - last year (40,282.00)
Income tax -19361
Packaging -23782
VAT -189462
Maintenance -7770
Net Cash Inflow (Outflow) from Operating Activities 84,586
Investing Activities
Cash received from:
Interest Income 5696
Temporary Investment 450,000
Cash paid to/for:
Temporary Investment -430000
Net Cash Inflow (Outflow) from Investing Activities 25696
Financing Activities
Withdrawals by Partners -75000
Net Cash Inflow (Outflow) from Financing Activities -75000
#VALUE! (152,894.00)
Sales 2,695,357.00
Cost of Goods Sold -1861387
Gross Profit 833,970.00
Selling and Administrative:
DEP Office equipement -9815
DEPN Office F&F -3188
DEPN DELIVERY EQUIPMENT office -3750
Transportation Cost -81454
Sanitation Supplies Expense - office -509
utilties expense - electricity office -22528
utilties expense - water office -1804
utilities expense - tele office -13918
Rent expense - office -90000
Advertisisng Expense -54908
Freight Out -24765
Insurance Expense - store -500
Store Tools Expense 0
Salearies expense - store -137912
Employeebenefits - store -12102
DEPN store equipment -4309
DEPN LHI -1875
DEPN DELIVERY EQUIPMENT store -11250
DEPN F&F - Store -321
Utilities Expense - Store -43349
Rent Expense - store -168000
Rent Expense - warehouse -30000
Sanitation Supplies Expense - selling -463
Office Supplies expense -8156
Utilities Expense - warehouse selling -7509
Packaging Expense -21234 -753619
Operating Income 80,351.00
Interest Income 5696.00 7540.768
Net Income (Loss) Before Tax 86047.00
Income Tax 25814.00
Net Income (Loss) After Tax 60233.00
Cost of goods Sold
Demand
Finished Goods Inventory, Beginning 265444.00
Cost of Goods Manufactured 1891559.00
Total Goods Available for Sale 2157003.00
Finished Goods Inventory, Ending 295616.00
Cost of Goods Sold 1861387.00
Partners' Capital
Agustin, Capital 350,000.00
Avestro Capital 350,000.00
Culannay, Capital 350,000.00
Dela Cruz, Capital 350,000.00
Sermona, Capital 350,000.00
Agustin, Drawings (69,680.00)
Avestro Drawings (36,081.00)
Culannay, Drawings (46,180.00)
Dela Cruz, Drawings (25,680.00)
Sermona, Drawings (16,679.00)
Income Summary 0.00
Total Partners' Capital
Total Liabilties and Partners' Capital
Entries
Raw Materials Inventory (Direct)(incldues freight in) 871,668.00
Input VAT 103,829.00
Cash
cOGS 2,209,534.00
Finished Goods Inventory (COGS)
Cash 3724307.00
Sales Discount 37619.00
Output VAT
Sales
Cash 430,000
Temporary Investment
31,591.00
1,285,614.00 LHI
15,000.00 1875
13,125.00
375,693.00 PhilHealth Premium Payable
1,661,307.00 1,500.00
1,500.00 1,375.00
275
1,650.00
Salaries Payable
27,880.00
27,880.00 23,979.00
4796
###
28,775.00
105,607.00 Sermona, Drawings
(46,420.00)
-16500 46241
(16,679.00)
1,555,700.00
1,661,307.00
overhead
13734
13734 0
15382.08
60
rm beg 60
867,456.00 rm current 1892
end 70
13664
fg beg 305.00
2,209,534.00 fg current 1949.00
end 3.00
sales 3761926.00
sales discount 37619.00 37619.26
399033.00 cash received 3724307.00
3,362,893.00 less vat 399033.00 399,032.88
net sales 3325274.00 3,325,274.11
3362893
3,724,307.00
9847
8665
430,000
460000
39940
4527
1875
5178.55
5179
5400
50396 50395.52 0
46196.3333333333 4200
46196 50101.3333333333
8729 8729.28 0
8001.5833333333
8002
46241
57041 46241.4
46242
46242
46241 242007 0.00
165,000.00
1304 1303.68
169680
8065
VAT
58 194
538 537.6
84550
0 0
0 0
1220
275
200
783
4796
148578 148578
560
6100 7320
1375 1250 1650
1000 1200
3917 3261 4700
23979
742886 742,886
41,823.00
500
56995
2948
27514 27513.92 0
25706
303000
63
591 591.36
26190.08 2806.08
2097.76 224.76
15588.16 1670.16
43876.00 4701.00
43876 13917.8571428571
40219.6666666667
40220
12,775.00
52380.16 5612.16
3146.08 55526.24 337.08
55526.24 5949.24
55526
50898.8333333333
50899
2500
72.84
680
267,588.50
267,589.00
103717.20
103717
84,240.90
84241
VAT PAYABLE Office Supplies Inventory
- 16,530.00 2,039.00
103,829.00 399033 8792
1055
140
2948
881120 73 2,166.00
5400 F&F
935 33,536.00
58
63
4701
5949
29,009.00
267589 HDMF Premium Payable
1,200.00
125,151 273,882.00
22,823
Agustin, Drawings Avestro Drawings
(66,421.00) (38,122.00)
46241
-49500 -55000
(69,680.00)
Income Summary FGI
242007 295,616.00
242007 1915924
0
448.16 26889
444.28 840,568.73
867,457.73
295,616.00
1,913,918.00
VAT utilties elec
16985 4200
891464
6990
1500
1200
4253
27880
41823
80024.72
24007.5733333333
1163.99 1922.9466666667
14289.1466666667
40219.6666666667
0
4806.8533333333
436.99
7274.52
12775
12775
48015.1466666667
2883.9066666667
50899.0533333333
Office Supplies Inventory Temporary Investments PPE
430,000 430,000 281,499.00
8665 460000
460,000.00 241,559.00
F&F Utilities Payable SSS and EC Premium Payable
4527 46196 12,775.00
12775 50396 6,990.00
40220 8729
50899 43876
8002 55526
1,200.00
Avestro Drawings Culannay, Drawings Dela Cruz, Drawings
(81,422.00) (38,922.00)
57041 46242
-11000 -33000
(36,081.00) (46,180.00)
FGI Income Tax Payable
2209534 6,453.00
84241 103717
2,006.00 25,929.00
PPE Operating Activities
39940 Cash Received from Cutomers
Cash Paid to/for:
Direct Materials (Suppliers)
Office Supplies (suppliers)
Production tools (Suppliers)
indirect Materials (suppliers)
S and EC Premium Payable Sanitation Supplies (Suppliers)
6,990.00 Salaries and employee benefits - store
6,100.00 Frieght Out
1220 Advertising
Insurance - store
Utilities - Warehouse
7,320.00 Rent - store
Withholding Tax Payable Sanitation Supplies - selling
4,253.00 Sanitation Supplies - office
3,917.00 Rent las pinas
783 Transportation Cost
Utilities - last year
Salaries - production
4,700.00 utilities - office
Dela Cruz, Drawings Insurance - production
Utilities - production
46242 Utilities - electricity store
Salaries and employee benefits - last year
Income tax
Packaging
(25,680.00) VAT
Maintenance
Net Cash Inflow (Outflow) from Operating Activities
Investing Activities
Cash received from:
Interest Income
Temporary Investment
Cash paid to/for:
Temporary Investment
Net Cash Inflow (Outflow) from Investing Activities
Financing Activities
Withdrawals by Partners
Net Cash Inflow (Outflow) from Financing Activities
-165000
-165000
410,576
379,275
789,851
(158,092.00)
Cost of goods Sold
Demand
Finished Goods Inventory, Beginning 295616.00
Cost of Goods Manufactured 1915924.00
Total Goods Available for Sale 2211540.00
Finished Goods Inventory, Ending 2006.00
Cost of Goods Sold 2209534.00
Partners' Capital
Agustin, Capital 350,000.00
Avestro Capital 350,000.00
Culannay, Capital 350,000.00
Dela Cruz, Capital 350,000.00
Sermona, Capital 350,000.00
Agustin, Drawings 33,230.00
Avestro Drawings 38,429.00
Culannay, Drawings 11,930.00
Dela Cruz, Drawings 71,630.00
Sermona, Drawings 63,832.00
Income Summary
Total Partners' Capital 1,969,051.00
Total Liabilties and Partners' Capital 2,113,103.00
Entries
Raw Materials Inventory (Direct)(incldues freight in) 1,293,648.00
Input VAT 154,436.00
Cash 1,448,084.00
cOGS 2,112,866.00
Finished Goods Inventory (COGS) 2,112,866.00
Cash 4184314
Sales Discount 42266
Output VAT 448319
Sales 3,778,261.00
Cash 460,000
Temporary Investment 460,000
177,331
1,650.00
Salaries Payable Agustin, Drawings
28,775.00 (69,680.00)
28,775.00 24,824.00
4965 -11200
###
29,789.00
Sermona, Drawings Income Summary
(16,679.00) 581351.00
-33600 114111
63,832.00
1,286,965.00 1,441,400.80 154,435.80
439.27
20615
0
23088.8
60
rm beg 70 441.00 31,101.00
rm current 2870 439.27 1,260,702.80
end 75 1,291,803.80
6505.1075
VAT
5616 17598 4368
52411.52 0 83225.5466666667
48044.3333333333
9078.72 0
8322.4166666667
114,110.20
581351 0
1355.2
VAT
60 202
558.88
0
0
154435
285
7650
1250 1650
1200
3683 5207 926,615.00
772,180
3853
35957.6 0
66
614.88
27237.28 2918.28 24967.5066666667
2180.64 233.64 1998.92
15588.16 1670.16 14289.1466666667
45006.08 4822.08
13917.8571428571
41255.5
83225.5466666667
4997.8133333333
52934.75
75.72
271,228.67
249,150.30
212,791.73
VAT PAYABLE Office Supplies Inventory
22,823.00 2,166.00
448319 9144 9048
2,262.00
F&F
29,009.00 4527
24,482.00
HDMF Premium Payable
1,200.00
1,200.00 1,000.00
200
270,988.00
22,582 1,200.00
Agustin, Drawings Avestro Drawings
(36,081.00)
114110 124910
-50400
33,230.00 38,429.00
Income Summary FGI
2,006.00 2112866.00
581351 2380400
0 269,540.00
Temporary Investments PPE
460,000 460,000 241,559.00 39940
490000
490,000.00 201,619.00
Utilities Payable SSS and EC Premium Payable
48044 13,210.00 7,320.00
13210 52412 7,320.00 6,375.00
41256 9079 1275
52935 45006
8322 57747
7,650.00
Withholding Tax Payable
4,700.00
4,700.00 4,339.00
13687 868
5,207.00
Culannay, Drawings Dela Cruz, Drawings
(46,180.00) (25,680.00)
114110 114110
-56000 -16800
11,930.00 71,630.00
Income Tax Payable
25,929.00
212792 249150
62,287.00
Operating Activities
Cash Received from Cutomers 4184314
Cash Paid to/for:
Direct Materials (Suppliers) (1,448,084.00) (1,468,699.00)
Office Supplies (suppliers) -10241 (1,518,134.00)
Production tools (Suppliers) -1355
indirect Materials (suppliers) -20615
Sanitation Supplies (Suppliers) -707
Salaries and employee benefits - store -154435 (970,260.00)
Frieght Out -26734
Advertising -59274
Insurance - store -500
Utilities - Warehouse -8322 -163767
Rent - store -169680
Sanitation Supplies - selling -559 -1881
Sanitation Supplies - office -615
Rent las pinas -303000
Transportation Cost -87932 -1881
Utilities - last year -13210
Salaries - production -772180
utilities - office -41256
Insurance - production -2500
Utilities - production -52935
Utilities - electricity store -48044
Salaries and employee benefits - last year (43,645.00)
Income tax -212792
Packaging -35958
VAT -271229
Maintenance -8388
Net Cash Inflow (Outflow) from Operating Activities 390,124
Investing Activities
Cash received from:
Interest Income 6505
Temporary Investment 460,000
Cash paid to/for:
Temporary Investment -490000
Net Cash Inflow (Outflow) from Investing Activities -23495
Financing Activities
Withdrawals by Partners -168000
Net Cash Inflow (Outflow) from Financing Activities -168000
-163767
Sales 3,735,995.00
Cost of Goods Sold -2112866
Gross Profit 1,623,129.00
Selling and Administrative:
DEP Office equipement -9815 f
DEPN Office F&F -3188 f
DEPN DELIVERY EQUIPMENT office -3750 f
Transportation Cost -87932 f
Sanitation Supplies Expense - office -549 f
utilties expense - electricity office -24319 v
utilties expense - water office -1947 v
utilities expense - tele office -13918 v
Rent expense - office -90900 f
Advertisisng Expense -59274 f
Freight Out -26734 f
Insurance Expense - store -500 f
utilities - warehouse
Salearies expense - store -148882 f
Employeebenefits - store -13136 f
DEPN store equipment -4309 f
DEPN LHI -1875 f
DEPN DELIVERY EQUIPMENT store -11250 f
DEPN F&F - Store -321 f
Utilities Expense - Store -46796 v
Rent Expense - store -169680 f
Rent Expense - warehouse -30300 f
Sanitation Supplies Expense - selling -499 f
Office Supplies expense -9048 v
Utilities Expense - warehouse selling -8106 v
Packaging Expense -32105 v
Operating Income 823,996.00 -799133
Interest Income 6505.00 7540.768
Net Income (Loss) Before Tax 830501.00
Income Tax 249150.00
Net Income (Loss) After Tax 581351.00
Cost of goods Sold
Demand
Finished Goods Inventory, Beginning 2006.00
Cost of Goods Manufactured 2380400.00
Total Goods Available for Sale 2382406.00
Finished Goods Inventory, Ending 269540.00
Cost of Goods Sold 2112866.00
Partners' Capital
Agustin, Capital 350,000.00
Avestro Capital 350,000.00
Culannay, Capital 350,000.00
Dela Cruz, Capital 350,000.00
Sermona, Capital 350,000.00
Agustin, Drawings 49,705.00 s
Avestro Drawings 168,904.00
Culannay, Drawings 41,305.00
Dela Cruz, Drawings 139,705.00
Sermona, Drawings 170,607.00
Entries
Raw Materials Inventory (Direct)(incldues freight in) 1,287,345.00
Input VAT 153,646.00
Cash 1,440,991.00
cOGS 2,422,964.00
Finished Goods Inventory (COGS) 2,422,964.00
Cash 4,806,360.00
Sales Discount 48,549.00
Output VAT 514,967.00
Sales 4,339,942.00
Cash 490,000
Temporary Investment 490,000
486,828
1,650.00
Salaries Payable Agustin, Drawings
29,789.00 33,230.00
29,789.00 25,748.00
5150 -129000
30,898.00
Sermona, Drawings Income Summary
63,832.00 738175.00
-38700 145475
170,607.00
1,280,381.00 1,434,026.72 153,645.72
435.36
20699
0
23182.88
60
rm beg 75 439.27 32945
rm current 2877 435.36 1,252,516.59
end 80 1,285,461.59
4695.01
VAT
5851 18267
54612.32 0
50,061.00
53966
9460.64 0
8672.58333333
145,475.00
738175 0
1412.32
VAT
62 210
582.4
0
0
160792
10
7980 964752
1250 1650
1200
4145 5761
803,960
3876
36,173.76 0
69
640.64
28381.92 3040.92
2272.48 243.48
15588.16 1670.16
46242.56 4954.56
13917.8571428571
42389.4166666667
56763.84 6081.84
3409.28 60173.12 365.28
60173.12 6447.12
55158.5833333
78.96
332,116.50
316,789.50
299,879.13
VAT PAYABLE Office Supplies Inventory
22,582.00 2,262.00
514967 9528 9432
2,358.00
F&F
24,482.00 4527
19,955.00
HDMF Premium Payable
1,200.00
1,200.00 1,000.00
200
337,674.00
28,139 1,200.00
Agustin, Drawings Avestro Drawings
38,429.00
145475 156275
-25800
49,705.00 168,904.00
Income Summary FGI
269,540.00 2422964
2410179
738175 256,755.00
Temporary Investments PPE
490,000 490,000 201,619.00 39940
440000
440,000.00 161,679.00
Utilities Payable SSS and EC Premium Payable
50061 13,687.00 7,650.00
13687 54612 7,650.00 6,650.00
42389 9461 1330
55159 46243
8673 60173
7,980.00
Withholding Tax Payable
5,207.00
5,207.00 4,801.00
14,207.00 960
5,761.00
Culannay, Drawings Dela Cruz, Drawings
11,930.00 71,630.00
145475 145475
-116100 -77400
41,305.00 139,705.00
Income Tax Payable
62,287.00
299879 317790
80,198.00
Operating Activities
Cash Received from Cutomers 4806360
Cash Paid to/for:
Direct Materials (Suppliers) (1,440,991.00) (1,461,690.00)
Office Supplies (suppliers) -10671 (1,511,907.00)
Production tools (Suppliers) -1412
indirect Materials (suppliers) -20699
Sanitation Supplies (Suppliers) -737
Salaries and employee benefits - store (160,792) (1,010,248.00)
Frieght Out -27857 (168,374.67)
Advertising -61764
Insurance - store -500
Store Tools -8673
Rent - store -169680 -1960
Sanitation Supplies - selling -582
Sanitation Supplies - office -641
Rent las pinas -303000
Transportation Cost -91625
Utilities - last year -13687 (964,752)
Salaries - production (803,960) (160,792)
utilities - office -42389 -803960
Insurance - production -2500
Utilities - production -55159
Utilities - electricity store -50061
Salaries and employee benefits - last year (45,496.00)
Income tax -299879
Packaging -36174
VAT -332117
Maintenance -8740
Net Cash Inflow (Outflow) from Operating Activities 816,574
Investing Activities
Cash received from:
Interest Income 4695
Temporary Investment 490,000
Cash paid to/for:
Temporary Investment -440000
Net Cash Inflow (Outflow) from Investing Activities 54695
Financing Activities
Withdrawals by Partners -387000
Net Cash Inflow (Outflow) from Financing Activities -387000
-169969
Sales 4,291,393.00
Cost of Goods Sold -2422964
Gross Profit 1,868,429.00
Selling and Administrative:
DEP Office equipement (9,815.00) f
DEPN Office F&F (3,188.00) f
DEPN DELIVERY EQUIPMENT office (3,750.00) f
Transportation Cost (91,625.00) f
Sanitation Supplies Expense - office (572.00) f
utilties expense - electricity office (25,341.00) v
utilties expense - water office (2,029.00) v
utilities expense - tele office (13,918.00) v
Rent expense - office (90,900.00) f
Advertisisng Expense (61,764.00) f
Freight Out (27,857.00) f
Insurance Expense - store (500.00) f
42000 Store
50000 office
utilities 92000
Inflation Rate
108,529.00 2018 2019 2020 2021 2022
82,978.00 3.40% 3.60% 3.80% 4.00% 4.200%
45,236.00
4,200.00
35,703.00
45,236.00
168,000.00
18,750.00
508,632.00
Profit Distribution 2,017 2,018
Agustin, Drawings (25,588) (15,720)
Avestro, Drawings (25,588) (15,720)
Culannay, Drawings (25,588) (15,720)
Dela Cruz, Drawings (25,588) (15,720)
Sermona, Drawings (25,588) (15,720)
Total (127,941) (78,599)
48816
226455
20% 511,738
656388
Withdrawals by Partners
Agustin, Drawings (10,000.00)
Avestro, Drawings (12,500)
Culannay, Drawings -27500
Dela Cruz, Drawings
Sermona, Drawings
Total (50,000)
2,019 2,020 2,021 2,022
9,764 45291 102,348 131,278
20,563 56,091 113,147 142,078
9,763 45,291 102,347 131,278
9,763 45,291 102,348 131,277
9,763 45,291 102,348 131,277
59,616 237,255 522,538 667,188
9763
45291
102,348
131,278
PPE
Purchase
Price Useful
Purchase Price (Exclusive Life Annual
(Inclusive of VAT) of VAT) (years) Depreciation
Assets
Current Asset
Cash 661,484
Temporary Investment 400,000
Total Current Asset 1,061,484
Non-Current Asset
Property, Plant and Equipment 361,379
Furniture and Fixtures 42,590
Leasehold Improvements 18,750
Rent Deposit 92,000
Deffered Tax Credit 51,308
Total Non-Current Asset 566,027
Total Assets 1,627,511
Partners' Capital
Agustin, Capital 350,000
Avestro Capital 350,000
Culannay, Capital 350,000
Dela Cruz, Capital 350,000
Sermona, Capital 350,000
Agustin, Drawings (25,588)
Avestro Drawings (25,589)
Culannay, Drawings (25,588)
Dela Cruz, Drawings (25,588)
Sermona, Drawings (25,588)
Total Partners' Capital 1,622,059
Total Liabilties and Partners' Capital 1,627,511
Statement of Comprehensive Income
Sales -
Cost of Goods Sold -
Gross Profit -
Expenses
Organization Cost (28,915)
Prototype Cost (2,100)
Rent Expense (25,000)
Marketing Expense (5,850)
Representation and Transportation Expense (26,208)
Training and Development (35,000)
Utilities Expense (4,868) (127,941)
Net Income (Loss) Before Tax (127,941)
(25,588.20)
-
(127,941.00)
102352
(25,589.00)
asset
vat
cash
Statement of Cash Flows
Operating Activities
Cash Paid for:
Organization Cost (28,915)
Prototype Cost (2,100)
Rent (25,000)
Marketing Expense (5,850)
Representation and Transportation Expense (26,208)
Training and Development (35,000)
Net Cash Inflow (Outflow) from Operating Activities
Investing Activities
Cash paid for:
Rent Deposit (92,000)
Production Equipment (108,529)
Store Equipment (45,236)
Office Equipment (82,978)
Production Furniture and Fixtures (10,200)
Store Furniture and Fixtures (1,797)
Office Furnitures & Fixtures (35,703)
Leasehold Improvements (21,000)
Delivery Equipment (168,000)
Temporary Investments (400,000)
Net Cash Inflow (Outflow) from Investing Activities
Financing Activities
Investment from Partners 1,750,000
Net Cash Inflow (Outflow) from Financing Activities
Assets
Current Asset
Cash
Raw Materials Inventory
Finished Goods Inventory
Office Supplies Inventory
Temporary Investments
Total Current Asset
(123,073) Non-Current Asset
Rent Deposit
Property, Plant and Equipment (net)
Furniture and Fixtures (net)
Leasehold Improvements (net)
Total Non-Current Asset
Total Assets
-
Statement of Comprehensive Income
2,018 2019 2020
Sales 2,263,395 2,695,357 3,325,274
Cost of Goods Sold (1,600,380) (1,861,387) (2,209,534)
Gross Profit 663,015 833,970 1,115,740
Selling and Administrative (749,155) (753,619) (775,195)
Operating Income (86,140) 80,351 340,545
Interest Income 7,541 5,696 5,179
Net Income (Loss) Before Tax (78,599) 86,047 345,724
Income Tax 25,814 103,717
Net Income (Loss) After Tax (78,599) 60,233 242,007
Acitivity Ratios
2018 2019 2020
Inventory Turnover 6.03 6.64 14.85
0 Total Assets Turnover 1.46 1.73 2.07
-
Stability Ratios
2018 2019 2020
2022 Debt-to-Assets 3.88% 4.99% 6.36%
22 Debt-to-Equity 96.12% 95.01% 93.64%
2,955
2,952
25
Profibality Ratios
2021 2022 2018
12.38 12.98 Gross Profit Margin 29.29%
10.26 11.25 Net Profit Margin -3.47%
1,639,700 2,037,217 ROA -5.06%
ROE -5.26%
Input VAT
Production Equipment
Production Furnitures & Fixtures
Office Equipment
Office Furnitures & Fixtures
Store Equipment
Store Furnitures & Fixtures
Leasehold Improvements
Delivery Equipment
Raw Materials
Utilities
Sanitation Supplies
Office Supplies
Packaging
Store Tools
Total Input VAT
VAT Payable
Output VAT
Input VAT
Total VAT for the year
Tax Credit
Total VAT payable for the year
Tax Payable last year
Total Payable
Cash Paid on VAT
VAT payable
2017 2018 2019 2020 2021 2022
11,628.00
1,093.00
8,890.00
3,824.00
4,846.00
193.00
2,250.00
18,000.00
96544 95084 93259 128365 125109
584 16112 16625 17185 17798 18467
709 184 191 199 207
1731 1016 1055 1097 1143
2,304 2,548 2,948 3,853 3,876
404.79
51,308 117805 115458 114639 151312 148803
https://www.pinoymoneytalk.com/bdo-savings-time-deposit-interest-rates/
2018 Amount 2019 Amount 2020 Amount
1,323 241,145 603 266,080 665 672,347
3,000 250,000 1,875 280,000 2,100 300,000
3,218 200,000 3,218 150,000 2,413 160,000
7,541 5,696 5,179
50,000
2021 2022
(879,518) (1,102,087)
1867998 2574836
988,480 1,472,749
293.3333333333 150
Cost of goods Sold
2021 2022 2018
1,681 918,004 2,295 Units
2,250 320,000 2,400 290000 Finished Goods Inventory, Beginning -
2,574 170,000 2,735 150000 Cost of Goods Manufactured 1,829
6,505 4,695 Total Goods Available for Sale 1,829
Finished Goods Inventory, Ending 260
Cost of Goods Sold 1,569
6,119.38
#REF!
#REF! - - -
2022
Pesos
#REF!
#REF!
#REF!
#REF!
#REF!
2,020 2,021 2,022
300,000 320,000 290,000
160,000 170,000 150,000
460,000 490,000 440,000
828400 898545
2018 2019
Cash Paid for Maintenance (Maintenance Expe 7500 7770
1020.13340623
Cash
2017 2018
Cash on Hand 132,297 102,848
Cash in Bank 529,187 241,145
Total 661,484 343,993
132,296.80
343,993
Value Added Tax 2017 2018
Input VAT
Production Equipment 11,628.00
Production Furniture & Fixtures 1,093.00
Office Equipment 8,890.00
Office Furniture & Fixtures 3,824.00
Store Equipment 4,846.00
Store Furniture & Fixtures 193.00
Leasehold Improvements 2,250.00
Delivery Equipment 18,000.00
Raw Materials 106,878.00
Utilities 584 15911
Sanitation Supplies 709
Office Supplies 1730
Packaging 2304
Production Tools 790
Store Tools 405
Total Input VAT 51,308 128,727
VAT Payable
Output VAT 271607
Input VAT 51,308 128,727
Total VAT for the year -51,308 142,880
Tax Credit 51,308 51,308
Total VAT payable for the year 0.00 91,572.00
Tax Payable last year 0
Total Payable 91,572.00
Cash Paid on VAT 83941
VAT payable 7,631.00
83,941.00
Partner's Drawings
2018 2019
Agustin, Drawings (51,308.00) (66,421.00)
Avestro Drawings (53,809.00) (38,122.00)
Culannay, Drawings (68,808.00) (81,422.00)
Dela Cruz, Drawings (41,308.00) (38,922.00)
Sermona, Drawings (41,307.00) (46,420.00)
Partner's Income (Loss) Distribution
2017 2018
Agustin, Drawings -25588 -15720
Avestro, Drawings -25589 -15720
Culannay, Drawings -25588 -15720
Dela Cruz, Drawings -25588 -15720
Sermona, Drawings -25588 -15719
Interest Income
Temporary Investment
Proof of Breakeven
2018 2019
Sales 2,200,970 2,192,743
Variable Cost (779,129) (742,773)
Contribution Margin 1,421,841 1,449,970
Fixed Cost (1,421,841) (1,449,970)
Net Income - -
2020 2021 2022
2039 2166 2262
8792 9144 9528
8665 9048 9432
2166 2262 2358
44,504.46
3,905.27
48,409.73
13,687.03
2021 2022
31591 33470
1314263 1308044
1312384 1306126
33470 35388
2019 2020 2021
Expense Carrying Value Expense Carrying Value Expense Carrying Value
39940.00 281499.00 39940.00 241559.00 39940.00 201619.00
4527.00 33536.00 4527.00 29009.00 4527.00 24482.00
1875.00 15000.00 1875.00 13125.00 1875.00 11250.00
2021 2022
1,291,804 1,285,462
744,411 775,644
344185.00 349073.00
2,380,400 2,410,179
809.66 816.45630081
2022
Expense Carrying Value
39940.00 161679.00
4527.00 19955.00
1875.00 9375.00
263147.5
2022
Pesos
269540
2,410,179
2679719
2,422,964.00
256755
2,422,964.00
2022
Pesos
269540
2410179
2679719
256755
2422964
2022
Pesos
4854909
48549
4,806,360
514967
4,291,393
48549.09
4,291,392.86
514,967.14
Capacity 2018 2019
Desired Production 1866 1992
Inefficiency 37 40
Actual capacity 1829 1952
Beginning inv 0 260
Total 1829 2212
Sold/Demand 1569 1907
End Inv 260 305
YEAR POPULATION
AVERAGE ANNUAL GROWTH RATE
DEMAND
2015 86196 1
2016 87308 1.012901244050 87308
2017 88434 1.012901244050 88434
2018 89575 1.012901244050 89575
2019 90731 1.012901244050 90731
2020 91902 1.012901244050 91902
2021 93087 1.012901244050 93087
2022 94288 1.012901244050 94288
20
Annual Production 1952
Annual Demand 1,907
ADMINISTRATIVE EXPENSES
Utilities Telecommunication
Water 4,509.93
Electricity 75,093.39
Depreciation Expense
Office Equipment
Furniture and Fixture 150,000.00
vehicle 18,750.00
Tanspo
SELLING EXPENSES
Rent
Warehouse 300,000.00
Store
Sanitation Supplies
Utilities
Electricity Warehouse 75,093.39
Store
21,233.86
23,781.92
2,548.06
2020 2021 2022
1992 3000 3012
40 60 60
1952 2940 2952
305 3 334
2257 2943 3286
2254 2609 2973
3 334 313
OTHERS: MARKET GAP Age bracketWILLING 2 BUtarget market shar ANNUAL DEMAND
2019
Purchases 1962
0.30
1.28
24.47
353,500.43
6.06 167
967.57
8,156.33
90,000.00
508.75
15,588.00
1,803.97
22,528.02
9,814.90
3,187.77
3,750.00
81,454.46 236,792.20
30,000.00
168,000.00
462.50
7,509.34
43,348.50
2,409.83
4,308.93
11,250.00
137,912.32
12,102.00
500.00
24,764.54
54,908.00
21,233.86 518,709.81
755,502.01
Capacity
Desired Production
Inefficiency
Actual capacity
Beginning inv
Total
Sold/Demand
End Inv
CAPACITY YEAR
2015
2016
2017
1,866.00 2/head 2018
1,992.00 2/head 2019
1,992.00 2/head 2020
3,000.00 3/head 2021
3,012.00 3/head 2022
Metal Ring
Freight In
Direct Labor
538.35 Cutter
180,000.00 Seamstress
60,390.00
6,191.14 Factory Overhead
584.56 Indirect Materials
2,500.00 Plastic Package
2,705.96 Production Tools
45,056.03 Clothing label
11,834.77 Factory Rent
309,800.81 Maintenance Cost
Employees Benefits
Sanitation Supplies
Insurance for Employees (500/person)
Utilities
Water
Electricity
Depreciation Expense
Production Equipment
Vehicle
Furniture and Fixture
Cost Per Piece
ADMINISTRATIVE EXPENSES
Utilities Telecommunication
Water
Electricity
Depreciation Expense
Office Equipment
Furniture and Fixture
vehicle
Transportation Cost
SELLING EXPENSES
Rent
Warehouse
Store
Sanitation Supplies
Utilities
Electricity Warehouse
Store
Salaries
Employee Benefits
Insurance Expen Assumption 9 month working
Freight Out
Marketing
Packaging
2018 2019 2020 2021
Desired Production 1866 1992 1992 3000
Inefficiency 37 40 40 60
Actual capacity 1829 1952 1952 2940
Beginning inv 0 260 305 4
Total 1829 2212 2257 2944
Sold/Demand 1569 1907 2254 2609
End Inv 260 305 4 335
POPULATION AVERAGE ANNUAL GROWTH RATEDEMAND OTHERS: MARKET SH GAP
86196 1
87308 1.012901244050 87308
88434 1.012901244050 88434
89575 1.012901244050 89575 0.59000 36726
90731 1.012901244050 90731 0.59000 37200
91902 1.012901244050 91902 0.59000 37680
93087 1.012901244050 93087 0.59000 38166
94288 1.012901244050 94288 0.59000 38658
2020
Annual Production 1952 purchases 1962
Annual Demand 2,254
73.33
293.32 366.65
2.00
1,163.70 0.60
5.00
300,000.00 181,800.00 93.14
8,065.26 4.13
63,348.00 32.45
606.78 0.31
e for Employees (500/person) 2,500.00 1.28
4,681.31 2,808.78
77,946.94 46,768.16 25.40
tion Expense
duction Equipment 7,066.91
18,750.00 3,750.00
iture and Fixture 1,017.86 11,834.77 6.06 170
981
15,588.00
4,681.31 1,872.52
77,946.94 23,384.08
9,814.90
and Fixture 3,187.77
150,000.00 18,750.00 3,750.00
84,549.73 242,240.22
300,000.00 30,300.00
169,680.00
480.08
77,946.94 7,794.69
44,995.74
143,152.99
12,693.60
on 9 month working 500.00
25,705.60
56,994.50
24,566.35 534,832.30
777,072.52
24,566.35
27,514.31
2,947.96
2022
3012
60
2952
335
3287
2973
314
Age brackeWILLING 2target market s ANNUAL DEMAND CAPACITY
20
Statement of Comprehensive Income
Mark-up 1.36 1,399
Sales 3,121,813
Cost of Goods Sold 2,207,167
Gross Profit 914,646
Admin&Selling Expenses 777,073
Income Before Tax 137,573
Income Tax Expense 41,272
Income After Tax 96,301
3.29
444.03 Factory Overhead
Production Tools 563.19
Factory Rent 181,800.00
Employees Benefits 63,348.00
Freight In 6,426.40
Sanitation Supplies 606.78
Insurance for Employees 2,500.00
Utilities Water 2,808.78
Electricity 46,768.16
Depreciation Expense 11,834.77
316,656.08
Capacity 2018
Desired Production 1866
Inefficiency 37
Actual capacity 1829
Beginning inv 0
Total 1829
Sold/Demand 1569
End Inv 260
YEAR POPULATION
AVERAGE ANNUAL GROWTH RATE
2015 86196 1
2016 87308 1.012901244050
2017 88434 1.012901244050
2018 89575 1.012901244050
2019 90731 1.012901244050
2020 91902 1.012901244050
2021 93087 1.012901244050
2022 94288 1.012901244050
Annual Production
Annual Demand
Sanitation Supplies
Insurance for Employees (500/person)
Utilities
Water 4,868.56
Electricity 81,064.81
Depreciation Expense
Production Equipment 7,066.91
Vehicle 18,750.00 3,750.00
Furniture and Fixture 1,017.86
Cost Per Piece
ADMINISTRATIVE EXPENSES
Utilities Telecommunication
Water
Electricity
Depreciation Expense
Office Equipment
Furniture and Fixture
vehicle 150,000.00
Transportation Cost
SELLING EXPENSES
Rent
Warehouse
Store
Sanitation Supplies
Utilities
Electricity Warehouse
Store
35,957.38
3,852.58
2019 2020 2021 2022
1992 1992 3000 3012
40 40 60 60
1952 1952 2940 2952
260 305 4 335
2212 2257 2944 3287
1907 2254 2609 2973
305 4 335 314
DEMAND OTHERS: MARKET GAP Age brackeWILLING 2target marANNUAL DEMAND
87308
88434
89575 0.59000 36726 0.48 0.89 0.1 ###
90731 0.59000 37200 0.48 0.89 0.12 ###
91902 0.59000 37680 0.48 0.89 0.14 ###
93087 0.59000 38166 0.48 0.89 0.16 ###
94288 0.59000 38658 0.48 0.89 0.18 ###
2021
2940 purchases 2945
2,609
Statement of Comprehensi
Mark-up 1.36
Amount Cost Total Sales
419.39 Cost of Goods Sold
377.45 Gross Profit
401.42 399.42 Admin&Selling Expenses
38.94 Income Before Tax
29.96 Income Tax Expense
27.96 Income After Tax
11.98
0.75
437.04 30% mark up
23.97 532.98
6,683.46 2.27 2.27
50.64 439.32 Factory Overhead
202.56 253.20 Production Tools
Factory Rent
Employees Benefits
Freight In
2.00 Sanitation Supplies
0.41 Insurance for Employees (500/p
1,210.25 5.00 Utilities Water
61.84 Electricity
181,800.00 2.85 Depreciation Expense
8,387.87 18.88
55,515.60
0.21
631.05 0.85
2,500.00
2,921.14 17.54
48,638.89
483.67
4.03 114
11,834.77 806
9,048.25
90,900.00
549.21
15,588.00
1,947.42
4,868.56 24,319.44
81,064.81
9,814.90
3,187.77
3,750.00 247,036.72
18,750.00 87,931.72
30,300.00
169,680.00
499.28
8,106.48
81,064.81 46,795.57
2,409.83
4,308.93
11,250.00
18,750.00
148,879.11
13,136.40
500.00
26,733.82
59,274.28
32,104.80 553,978.50
801,015.21
Capacity
Desired Production
Inefficiency
Actual capacity
Beginning inv
Total
Sold/Demand
End Inv
CAPACITY YEAR POPULATION
2015 86196
2016 87308
2017 88434
1,866.00 2/head 2018 89575
1,992.00 2/head 2019 90731
1,992.00 2/head 2020 91902
3,000.00 3/head 2021 93087
3,012.00 3/head 2022 94288
Annual Production
Annual Demand
Sanitation Supplies
Insurance for Employees (500/person)
Utilities
Water
Electricity
Depreciation Expense
Production Equipment
Vehicle 18,750.00
Furniture and Fixture
Cost Per Piece
ADMINISTRATIVE EXPENSES
Utilities Telecommunication
Water
Electricity
Depreciation Expense
Office Equipment
Furniture and Fixture
vehicle
Transportation Cost
SELLING EXPENSES
Rent
Warehouse
Store
Sanitation Supplies
Utilities
Elect Warehouse
Store
Salaries
Employee Benefits
Insurance Assumption 9 month working
Freight Out
Marketing
95.00
2018 2019 2020 2021 2022
1866 1992 1992 3000 3012
37 40 40 60 60
1829 1952 1952 2940 2952
0 260 305 4 335
1829 2212 2257 2944 3287
1569 1907 2254 2609 2973
260 305 4 335 314
AVERAGE ANNUAL GROWTH RATE
DEMAND OTHERS: MARKETGAP Age bracket WILLING 2target mar
1
1.012901244050 87308
1.012901244050 88434
1.012901244050 89575 0.59000 36726 0.48 0.89 0.1
1.012901244050 90731 0.59000 37200 0.48 0.89 0.12
1.012901244050 91902 0.59000 37680 0.48 0.89 0.14
1.012901244050 93087 0.59000 38166 0.48 0.89 0.16
1.012901244050 94288 0.59000 38658 0.48 0.89 0.18
2022
nual Production 2952 purchases 2957
nual Demand 2,973
Stat
Mark-up
Amount Cost Total Sales
291.34 437.01 Cost of Goods Sold
262.20 393.31 Gross Profit
278.85 418.28 416.20 Admin&Selling Expenses
27.05 40.58 Income Before Tax
10.40 31.21 Income Tax Expense
29.13 29.13 Income After Tax
6.24 12.49
1.56 0.78
433.18 30% mark up
4.16 24.97 555.36
6,964.16 2.36 2.36
435.54 Factory Overhead
52.56 263 Production Tools
210.22 Factory Rent
Employees Benefits
Freight In
2.00 Sanitation Supplies
1,261.08 0.43 Insurance for Employees (500/perso
5.00 Utilities Water
181,800.00 61.59 Electricity
8,740.16 2.96 Depreciation Expense
67,890.00 23.00
657.55 0.22
s (500/person) 2,500.00 0.85
5,073.04 3,043.82
84,469.54 50,681.72 18.20
7,066.91 449.11
3,750.00 118
1,017.86 11,834.77 4.01 817
9,432.11
90,900
572.27
15,588.00
5,073.04 2,029.22
84,469.54 25,340.86
9,814.90
3,187.77
150,000.00 18,750.00 3,750.00
91,624.86 252,239.99
30,300.00
169,680.00
520.25
84,469.54 8,446.95
48,760.98
2,409.83
4,308.93
150,000.00 18,750.00 11,250.00
155,132.03
13,578.00
500.00
27,856.64
61,763.80 566,805.25
32,297.83 819,045.23
36,173.57
3,875.74
ANNUAL DEMAND CAPACITY
30% mark up
Factory Overhead
610.32
181,800.00
es Benefits 67,890.00
6,964.16
657.55
e for Employees (500/person) 2,500.00
Water 3,043.82
Electricity 50,681.72
tion Expense 11,834.77
325,982.34
Capacity
Metal Ring
Freight In
Direct Labor
Cutter
Seamstress
Factory Overhead
Indirect Materials
Plastic Package
Clothing label
Production Tools
Insurance for Employees (500/person)
Maintenance Cost
Employees Benefits
Sanitation Supplies
Factory Rent
Utilities
Water
Electricity
Depreciation Expense
Production Equipment
Vehicle
Furniture and Fixture
Cost Per Piece
ADMINISTRATIVE EXPENSES
Utilities Telecommunication
Water
Electricity
Depreciation Expense
Office Equipment
Furniture and Fixture
vehicle
Transportation Cost
SELLING EXPENSES
Rent
Warehouse
Store
Sanitation Supplies
Store Tools
Utilities
Electricity Warehouse
Store
Salaries
Employee Benefits
Insurance Expense
Freight Out
Advertising
Packaging
toll
maintenace
2018 2019
Desired Production 1866 1992
Inefficiency 37 40
Actual capacity 1829 1952
Beginning inv 0 260
Total 1829 2212
Sold/Demand 1569 1907
End Inv 260 305
YEAR POPULATIONAVERAGE ANNUAL GROWTH RATEDEMAND
2015 86196 1
2016 87308 1.012901244050 87308
2017 88434 1.012901244050 88434
2018 89575 1.012901244050 89575
2019 90731 1.012901244050 90731
2020 91902 1.012901244050 91902
2021 93087 1.012901244050 93087
2022 94288 1.012901244050 94288
2018
Annual Production 1829
Annual Demand 1,569
quantity Amount
1.50 250.00 375.00
1.50 225.00 337.50
1.50 239.29 358.93
1.50 23.21
3.00 8.93
1.00 22.32
2.00 5.36
0.50 1.34
6.00 3.57
5,976.00
6,585.00
2,500.00
7,500.00
58,302.00
1,834.82
300,000.00 180,000.00
4,353.21 2,611.93
72,483.96 43,490.38
7,066.91
18,750.00 3,750.00
1,017.86 11,834.77
300,000.00
4,353.21
72,483.96
150,000.00 18,750.00
300,000.00
72,483.96
150,000.00 18,750.00
19,201.14
21,505.28
2,304.14
2020 2021 2022
1992 3000 3012
40 60 60
1952 2940 2952
305 4 335
2257 2944 3287
2254 2609 2973
4 335 314
OTHERS: MARKET SHARE GAP Age bracket WILLING 2
2018
purchases 1879
Cost Total
357.14
34.82
26.79
22.32
10.71
0.67
-
21.43 473.88 477.15
3.27 476.88
72.80
291.18 363.98
2.00
5.00
3.60
1.37
4.10
31.88
1.00
98.43
25.21
314,658.90
20%
6.47 179.07
1,020.20
12,696.70
1,562.50
90,000.00
9,814.90
3,187.77 20%
3,750.00
78,624.00 238,710.35
30,000.00
168,000.00
2,510.71
3,373.00
7,248.40
41,842.18
30% mark up
2018
Factory Overhead
60%
EI
Office
Equipment
Particulars Quantity Purchase Price in (Php) VAT Inclusive
Room Air Conditioner 1 14,999.00 14,999.00
Printer/Scanner/Photocopying 1 5,950.00 5,950.00
Laptop 3 18,499.00 55,497.00
Oven with coffee maker 1 2,042.00 2,042.00
Water Dispenser 1 4,490.00 4,490.00
Total 82,978.00
Office Supplies
Particulars Quantity Purchase Price
VAT Inclusive
Pens 40 14.75 590.00
Pencils (pack of 5) 9 65.75 591.75
Pen holder 4 150.00 600.00
Desktop Sharpener 1 494.75 494.75
Light Bulb 4 124.25 497.00
Fluorescent Lamp 2 587.00 1,174.00
Highlighters 5 36.75 183.75
Permanent Markers 5 49.50 247.50
Scissors 3 57.50 172.50
Paper clips (set of 121 pcs.) 2 80.00 160.00
Paper clip holder 1 110.00 110.00
Stapler 2 132.00 264.00
Staple wires (box of 1000) 10 9.00 90.00
Tape dispenser 2 160.00 320.00
Tape 6 24.75 148.50
Rubber bands (pack of 50) 2 19.75 39.50
Calculators 2 430.00 860.00
Desk Organizer 3 627.00 1,881.00
Envelopes 100 4.35 435.00
Sticky notes 15 29.00 435.00
Bond paper (ream of 500) 4 191.00 764.00
Printer ink 8 432.00 3,456.00
Folders 50 14.50 725.00
Desk Calendar 3 199.00 597.00
White Board (18x24 inc.) 1 599.00 599.00
Cork board (17x23 inc.) 1 519.75 519.75
White Board Marker 3 53.25 159.75
Pushpins (box of 30) 3 12.50 37.50
Total 16,152.25
Inflation
1.04
rate
2018
Purchase
Supplie Expense Quantity
VAT Exclusive Price
526.79 30.00 442.50 40 15.28
528.35 6.00 394.50 9 68.12
535.71 4.00 600.00
441.74 1.00 494.75
443.75 4.00 497.00 4 128.723
1,048.21 2.00 1,174.00
164.06 3.00 110.25 5 38.07
220.98 3.00 148.50 5 51.28
154.02 3.00 172.50
142.86 1.00 80.00 2 82.88
98.21 1.00 110.00
235.71 1.00 132.00
80.36 5.00 45.00 10 9.32
285.71 2.00 320.00
132.59 4.00 99.00 6 25.64
35.27 1.00 19.75 2 20.46
767.86 2.00 860.00
1,679.46 3.00 1,881.00
388.39 52.00 226.20 100 4.51
388.39 10.00 290.00 15 30.04
682.14 3.00 573.00 4 197.88
3,085.71 4.00 1,728.00 8 447.55
647.32 32.00 464.00 50 15.022
533.04 3.00 597.00 3 206.164
534.82 1.00 599.00
464.06 1.00 519.75
142.63 2.00 106.50 3 55.167
33.48 1.00 12.50 3 12.95
14,421.65 12,696.70 (beginning)
1,730.60
- -
133.61 534.46 477.19 4
- -
39.52 197.60 176.43 5
53.23 266.15 237.64 5
- -
86.03 172.06 153.62 2
- -
- -
9.68 96.78 86.41 10
- -
26.62 159.69 142.58 6
21.24 42.48 37.93 2
- -
- -
4.68 467.79 417.67 100
31.19 467.79 417.67 15
205.40 821.58 733.55 4
464.56 3,716.47 3,318.28 8
15.59 779.64 696.11 50
214.00 641.99 573.21 3
- -
- -
57.26 171.79 153.38 3
13.44 40.33 36.01 3
(beginning)
9,847.41 8792.33 8665.13
2,039.08
10,831.42
2022 1,055.08
5,431
10,671
9,432
6,670
0.59
1.04
2021
Supplie
Purchase Price Quantity
VAT Inclusive VAT Exclusive Expense
16.50 659.85 589.15 40
73.53 661.80 590.90 9
- -
138.96 555.84 496.28 4
- -
41.10 205.50 183.48 5
55.36 276.80 247.14 5
- -
89.47 178.94 159.77 2
- -
- -
10.07 100.65 89.87 10
- -
27.68 166.08 148.29 6
22.09 44.18 39.44 2
- -
- -
4.86 486.50 434.37 100
32.43 486.50 434.37 15
213.61 854.44 762.90 4
483.14 3,865.13 3,451.01 8
16.22 810.83 723.95 50
222.56 667.67 596.14 3
- -
- -
59.55 178.66 159.52 3
13.98 41.94 37.45 3
(beginning) (beginning)
10,241.31 9144.03 9048.25
2,166.28
11,310.31
1.042
2022
Supplie
Purchase Price
VAT Inclusive VAT Exclusive Expense
17.19 687.56 613.89
76.62 689.60 615.71
- -
144.80 579.18 517.13
- -
42.83 214.13 191.19
57.69 288.43 257.52
- -
93.23 186.46 166.48
- -
- -
10.49 104.88 93.64
- -
28.84 173.06 154.51
23.02 46.03 41.10
- -
- -
5.07 506.93 452.62
33.80 506.93 452.62
222.58 890.33 794.94
503.43 4,027.47 3,595.95
16.90 844.88 754.36
231.91 695.72 621.18
- -
- -
62.06 186.17 166.22
14.57 43.70 39.02
11452 11933
11452 11933
11452 11933
2021 2022
137424 143196
137424 143196
137424 143196
2021 2022
5726 5967
5726 5967
5726 5967
2021 2022
7650 7980
1650 1650
1200 1200