Académique Documents
Professionnel Documents
Culture Documents
Foodtruck
Operations Equipment and Tools
Office Furniture and Fixture
Warehouse Tools and Equipment
Working Capital
Purchases
Rent Expense
Salaries and wages
SSS Contribution
Philhealth Contribution
PAG-IBIG Contribution
Utilities Expense
Cooking Gas Expense
Gasoline Expense
Office Supplies Expense
Foodtruck Supplies Expense
Maintenance Expense
Miscellaneous Expense
Pre-Operating Expense
TOTAL ASSETS Php xxx Php xxx Php xxx Php xxx
LIABILITIES & PARTNER'S EQUITY
Current Liabilities
Accounts Payable 3 xxx xxx xxx xxx
Other Taxes Payable 22a xxx xxx xxx xxx
SSS & EC Premium Payable 11 xxx xxx xxx xxx
PAGIBIG Premium Payable 12 xxx xxx xxx xxx
PhilHealth Premium Payable 13 xxx xxx xxx xxx
Income Tax Payable income statement xxx xxx xxx xxx
Total Current Liabilities xxx xxx xxx xxx
Partner's Equity
Daniel Chang, Capital xxx xxx xxx xxx
Reina Camille De Leon, Capital xxx xxx xxx xxx
Christine Shaira Galvez, Capital xxx xxx xxx xxx
Jessica Mayuyo, Capital xxx xxx xxx xxx
Carmina Nepomuceno, Capital xxx xxx xxx xxx
Junacy Shayne Sadac, Capital xxx xxx xxx xxx
Aira Geyle Valen, Capital xxx xxx xxx xxx
Camille Villanueva, Capital xxx xxx xxx xxx
TOTAL LIABILITIES & PARTNER'S EQUITY Php xxx Php xxx Php xxx Php xxx
Year 5
xxx
xxx
xxx
xxx
xxx
xxx
xxx
Php xxx
xxx
xxx
xxx
xxx
xxx
xxx
xxx
xxx
xxx
xxx
xxx
xxx
xxx
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xxx
Php xxx
PRONTO POTATO
Projected Income Statement
For the Years 1-3
YEAR 1
MAYUYO NEPOMUCENO SADAC VALEN VILLANUEVA TOTAL
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
Php xxx Php xxx Php xxx Php xxx Php xxx Php xxx
YEAR 2
MAYUYO NEPOMUCENO SADAC VALEN VILLANUEVA TOTAL
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
Php xxx Php xxx Php xxx Php xxx Php xxx Php xxx
YEAR 3
MAYUYO NEPOMUCENO SADAC VALEN VILLANUEVA TOTAL
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
Php xxx Php xxx Php xxx Php xxx Php xxx Php xxx
YEAR 4
MAYUYO NEPOMUCENO SADAC VALEN VILLANUEVA TOTAL
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
Php xxx Php xxx Php xxx Php xxx Php xxx Php xxx
YEAR 5
MAYUYO NEPOMUCENO SADAC VALEN VILLANUEVA TOTAL
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
Php xxx Php xxx Php xxx Php xxx Php xxx Php xxx
PRONTO POTATO
Financial Ratios and Analysis
Year 1 Year 2
Cash xxx xxx
Inventories xxx xxx
Advance Rental deposit xxx xxx
Total Current Assets xxx xxx
Property Plant & Equipment (net) xxx xxx
Total Assets xxx xxx
Total Current Liabilities xxx xxx
Total Partner's Capital xxx xxx
Sales xxx xxx
Cost of Sales xxx xxx
Operating Expenses xxx xxx
Income Tax xxx xxx
Net Income after tax xxx xxx
Depreciation xxx xxx
Total Investment xxx xxx
OTHER COMPUTATION
Year 1 Year 2 Year 3
11) Expected Annual Cash Returns:
Net income after income tax xxx xxx xxx
Add: Non Cash transactions xxx xxx xxx
Expected Annual Cash Returns xxx xxx xxx
xxx xxx
xxx xxx IMPROVING
xxx xxx
xxx xxx IMPROVING
xxx xxx
xxx xxx IMPROVING
xxx xxx
xxx xxx IMPROVING
xxx xxx
xxx xxx IMPROVING
xxx xxx
xxx xxx IMPROVING
xxx xxx
xxx xxx IMPROVING
xxx xxx
xxx xxx IMPROVING
OTHER COMPUTATION
Year 4 Year 5 TOTAL
xxx xxx
xxx xxx
xxxx
Products
Flavored Fries
Mojos
Chicken Potatp Cro
Hasn Brown
Mozzarella potato balls
Lemonade
Total Projected Sales, VAT inclusive
12% Output Vat
Total Projected Sales, VAT exclusive
Assumptions:
a) Increase in price and in units are computed as:
Products
Flavored Fries
Mojos
Chicken Potatp Cro
Hasn Brown
Mozzarella potato balls
Lemonade
TOTAL
Year 1
Accounts Affected Dr
Cash -
Output VAT
Sales
TOTAL -
Notes:
a) Year 0 is the year when the study is conducted, therefore the b
b) Growth rate is based on
c) Inflation rate is based on
d) Products are sold for cash only
e) VAT are payable every
Year 1
Daily Monthly Annually
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
Year 0 Year 1
Units Selling price per Unit Units
-
-
-
-
-
-
- - -
Year 1 Year 2
Cr Dr Cr
-
- -
- -
- - -
ear when the study is conducted, therefore the basis of the units and prices.
Year 1 Year 2
Selling price per Unit Total Sales in Pesos Units
- - -
- - -
- - -
- - -
- - -
- - -
- - -
Year 3 Year 4
Dr Cr Dr
- -
-
-
- - -
PROJECTED SALES in Pesos
Year 3
Daily Monthly Annually
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
PER DAY
Year 2 Year 3
Selling price per Unit Total Sales in Pesos Units
- - -
- - -
- - -
- - -
- - -
- - -
- - -
Year 4 Year 5
Cr Dr Cr
-
- -
- -
- - -
Year 4
Daily Monthly Annually
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
Year 3 Year 4
Selling price per Unit Total Sales in Pesos Units
- - -
- - -
- - -
- - -
- - -
- - -
- - -
Year 5
Daily Monthly Annually
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
Year 4 Year 5
Selling price per Unit Total Sales in Pesos Units
- - -
- - -
- - -
- - -
- - -
- - -
- - -
Year 5
Selling price per Unit Total Sales in Pesos
- -
- -
- -
- -
- -
- -
- -
Year 1
Products
Daily Monthly Annually
Flavored Fries - - -
Mojos - - -
Chicken Potatp Cro - - -
Hasn Brown - - -
Mozzarella potato balls - - -
Lemonade - - -
Total Projected CGS, VAT inclusive - - -
12% Input Vat - - -
Total Projected CGS, VAT exclusive - - -
Assumptions:
a) Increase in product cost and units are computed as follows:
Year 0 Year 1
Products Units (based on Product cost per
relvant range) Unit Units
Flavored Fries - -
Mojos - -
Chicken Potatp Cro - -
Hasn Brown - -
Mozzarella potato balls - -
Lemonade - -
TOTAL - - -
Notes:
a) Year 0 is the year when the study is conducted, therefore the basis of the units and prices.
b) Growth rate is based on
c) Inflation rate is based on
PER DAY
Year 1 Year 2 Year 3
Product cost per Total CGS in Product cost per Total CGS in
Unit Pesos Units Unit Pesos Units
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Year 5
-
Link purchases
-
- Show in SFP
-
Year 4 Year 5
Daily Monthly Annually Daily Monthly Annually
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Year 5
Product cost per Total CGS in
Unit Pesos
- -
- -
- -
- -
- -
- -
- -
MOJOS
INGREDIENTS TOTAL WEIGHTS REQUIRED MEASUREMENTS NO. OF SERVING
Potato 1 Kg/ 6 potatoes 1 potato 1
Milk 1L 0.06 L 1
Chicken Breading Mix 1kg. 0.06 kg 1
Oil 2L 0.06L 1
Total Ingredient Cost
Direct Labor
Applied FOH
Total Production Cost/Unit
Mark-up (50%)
Selling Price without VAT
VAT
Price Adjustment
Selling Price
Hash Brown
INGREDIENTS TOTAL WEIGHTS REQUIRED MEASUREMENTS NO. OF SERVING
Potato 1 Kg/ 6 potatoes 0.08kg 1
onion 1kg 0.015kg 1
rosemary 20g .31g 1
butter 225g 4.38g 1
salt 1kg 0.0005kg 1
Oil 2L 0.003L 1
Total Ingredient Cost
Direct Labor
Applied FOH
Total Production Cost/Unit
Mark-up (50%)
Selling Price without VAT
VAT
Price Adjustment
Selling Price
Lemonade
INGREDIENTS TOTAL WEIGHTS REQUIRED MEASUREMENTS NO. OF SERVING
Powdered Juice 25g 5g 1
Lemon 1 pc 1
Total Ingredient Cost
Direct Labor
Applied FOH
Total Production Cost/Unit
Mark-up (50%)
Sales without VAT
VAT
Price Adjustment
Selling Price
JOS
MARKET PRICE COST OF INGREDIENTS COST OF INGREDIENTS
PHP 90.00 PHP 15.00 PHP 1.61 PHP 13.39
PHP 66.50 PHP 3.99 PHP 0.43 PHP 3.56
PHP 103.65 PHP 6.22 PHP 0.67 PHP 5.55
PHP 178.00 PHP 0.71 PHP 0.08 PHP 0.63
PHP 23.14
2
1.26
PHP 26.40
PHP 13.20
PHP 39.60
PHP 4.75
PHP 44.36
PHP 45.00
o Croquettes
MARKET PRICE COST OF INGREDIENTS COST OF INGREDIENTS
PHP 90.00 PHP 7.20 PHP 0.77 PHP 6.43
PHP 178.00 PHP 0.71 PHP 0.08 PHP 0.63
PHP 83.00 PHP 3.58 PHP 0.38 PHP 3.20
PHP 200.00 PHP 1.60 PHP 0.17 PHP 1.43
PHP 125.00 PHP 1.00 PHP 0.11 PHP 0.89
PHP 140.00 PHP 5.18 PHP 0.56 PHP 4.63
PHP 2.50 PHP 0.67 PHP 0.07 PHP 0.60
PHP 31.50 PHP 0.03 PHP 0.00 PHP 0.03
PHP 30.00 PHP 0.03 PHP 0.00 PHP 0.03
PHP 128.25 PHP 0.26 PHP 0.03 PHP 0.23
PHP 23.85 PHP 0.03 PHP 0.00 PHP 0.03
PHP 103.65 PHP 4.15 PHP 0.44 PHP 3.70
PHP 71.90 PHP 2.66 PHP 0.29 PHP 2.38
PHP 24.20
2
1.26
PHP 27.46
PHP 13.73
PHP 41.18
PHP 4.94
PHP 46.13
PHP 47.00
Potato Balls
MARKET PRICE COST OF INGREDIENTS COST OF INGREDIENTS
PHP 90.00 PHP 15.00 PHP 1.61 PHP 13.39
PHP 250.00 PHP 0.22 PHP 0.02 PHP 0.20
PHP 103.65 PHP 6.22 PHP 0.67 PHP 5.55
PHP 178.00 PHP 0.71 PHP 0.08 PHP 0.63
PHP 19.78
2
1.26
PHP 23.04
PHP 11.52
PHP 34.56
PHP 4.15
PHP 38.70
PHP 40.00
Brown
MARKET PRICE COST OF INGREDIENTS COST OF INGREDIENTS
PHP 90.00 PHP 7.20 PHP 0.77 PHP 6.43
PHP 125.00 PHP 1.88 PHP 0.20 PHP 1.68
PHP 12.65 PHP 0.20 PHP 0.02 PHP 0.18
PHP 49.00 PHP 0.02 PHP 0.00 PHP 0.02
PHP 31.50 PHP 0.13 PHP 0.01 PHP 0.11
PHP 178.00 PHP 0.71 PHP 0.08 PHP 0.63
PHP 9.05
2
1.26
PHP 12.31
PHP 6.15
PHP 18.46
PHP 2.22
PHP 20.68
PHP 21.00
nade
MARKET PRICE COST OF INGREDIENTS COST OF INGREDIENTS
PHP 9.95 PHP 1.99 PHP 0.21 PHP 1.78
PHP 15.00 PHP 3.00 PHP 0.32 PHP 2.68
PHP 4.46
2
1.26
PHP 7.72
PHP 3.86
PHP 11.57
PHP 1.39
PHP 12.96
PHP 15.00
Quarters
Potato 1 2 3 4 Total per Year
Production Requirements 6163 5605 5605 5637 23010
Desired End. Inventory 616 561 561 564 2301
Total 6779 6166 6166 6201 25311
Beg. Inventory 616 561 561 1737
Purchase Budget 6779 5549 5605 5640 23574
Quarters
Egg 1 2 3 4 Total per Year
Production Requirements 130 118 118 118 484
Desired End. Inventory 13 12 12 12 48
Total 143 130 130 130 532
Beg. Inventory 13 12 12 37
Purchase Budget 143 117 118 118 496
Quarters
Cooking oil 1 2 3 4 Total per Year
Production Requirements 204 185 185 187 761
Desired End. Inventory 20 19 19 19 76
Total 224 204 204 206 837
Beg. Inventory 20 19 19 57
Purchase Budget 224 183 185 187 780
Quarters
Garlic 1 2 3 4 Total per Year
Production Requirements 24 22 22 22 90
Desired End. Inventory 2 2 2 2 9
Total 26 24 24 24 99
Beg. Inventory 2 2 2 7
Purchase Budget 26 22 22 22 92
Quarters
Onion 1 2 3 4 Total per Year
Production Requirements 114 104 104 105 427
Desired End. Inventory 11 10 10 11 43
Total 125 114 114 116 470
Beg. Inventory 11 10 10 32
Purchase Budget 125 103 104 105 438
Quarters
Ground chicken Meat 1 2 3 4 Total per Year
Production Requirements 111 101 101 102 415
Desired End. Inventory 11 10 10 10 42
Total 122 111 111 112 457
Beg. Inventory 11 10 10 31
Purchase Budget 122 100 101 102 425
Quarters
tokwa 1 2 3 4 Total per Year
Production Requirements 805 732 732 735 3004
Desired End. Inventory 81 73 73 74 300
Total 886 805 805 809 3304
Beg. Inventory 81 73 73 227
Purchase Budget 886 725 732 735 3078
Quarters
Salt 1 2 3 4 Total per Year
Production Requirements 63 58 58 58 237
Desired End. Inventory 6 6 6 6 24
Total 69 64 64 64 261
Beg. Inventory 6 6 6 18
Purchase Budget 69 58 58 58 243
Quarters
Black pepper 1 2 3 4 Total per Year
Production Requirements 3 3 3 3 12
Desired End. Inventory 0 0 0 0 1
Total 3 3 3 3 13
Beg. Inventory 0 0 0 1
Purchase Budget 3 3 3 3 12
Quarters
Soy Sauce 1 2 3 4 Total per Year
Production Requirements 6 6 6 6 24
Desired End. Inventory 1 1 1 1 2
Total 7 7 7 7 26
Beg. Inventory 1 1 1 2
Purchase Budget 7 6 6 6 25
Quarters
Mayonnaise 1 2 3 4 Total per Year
Production Requirements 77 70 70 71 288
Desired End. Inventory 8 7 7 7 29
Total 85 77 77 78 317
Beg. Inventory 8 7 7 22
Purchase Budget 85 69 70 71 295
Quarters
kinchay 1 2 3 4 Total per Year
Production Requirements 4 3 3 3 13
Desired End. Inventory 0 0 0 0 1
Total 4 3 3 3 14
Beg. Inventory 0 0 0 1
Purchase Budget 4 3 3 3 13
breadcrumbs Quarters
kinchay 1 2 3 4 Total per Year
Production Requirements 120 109 109 110 448
Desired End. Inventory 12 11 11 11 45
Total 132 120 120 121 493
Beg. Inventory 12 11 11 34
Purchase Budget 132 108 109 110 459
Quarters
Breading Mix 1 2 3 4 Total per Year
Production Requirements 900 819 819 824 3362
Desired End. Inventory 90 82 82 82 336
Total 990 901 901 906 3698
Beg. Inventory 90 82 82 254
Purchase Budget 990 811 819 825 3444
Quarters
Mozzarella Cheese 1 2 3 4 Total per Year
Production Requirements 8 7 7 7 29
Desired End. Inventory 1 1 1 1 3
Total 9 8 8 8 32
Beg. Inventory 1 1 1 2
Purchase Budget 9 7 7 7 30
Quarters
milk 1 2 3 4 Total per Year
Production Requirements 900 819 819 824 3362
Desired End. Inventory 90 82 82 82 336
Total 990 901 901 906 3698
Beg. Inventory 90 82 82 254
Purchase Budget 990 811 819 825 3444
Quarters
Rosemary 1 2 3 4 Total per Year
Production Requirements 95 86 86 87 354
Desired End. Inventory 10 9 9 9 35
Total 105 95 95 96 389
Beg. Inventory 10 9 9 27
Purchase Budget 105 85 86 87 363
Quarters
Butter 1 2 3 4 Total per Year
Production Requirements 2 2 2 2 8
Desired End. Inventory 0 0 0 0 1
Total 2 2 2 2 9
Beg. Inventory 0 0 0 1
Purchase Budget 2 2 2 2 8
Quarters
Garlic powder 1 2 3 4 Total per Year
Production Requirements 752 683 683 687 2805
Desired End. Inventory 75 68 68 69 281
Total 827 751 751 756 3086
Beg. Inventory 75 68 68 212
Purchase Budget 827 676 683 687 2874
Quarters
Breading Mix 1 2 3 4 Total per Year
Production Requirements 900 819 819 824 3362
Desired End. Inventory 90 82 82 82 336
Total 990 901 901 906 3698
Beg. Inventory 90 82 82 254
Purchase Budget 990 811 819 825 3444
Quarters
Flavored powder 1 2 3 4 Total per Year
Production Requirements 721 655 655 658 2689
Desired End. Inventory 72 66 66 66 269
Total 793 721 721 724 2958
Beg. Inventory 72 66 66 203
Purchase Budget 793 648 655 658 2755
Quarters
Spaghetti Sauce 1 2 3 4 Total per Year
Production Requirements 111 101 101 102 415
Desired End. Inventory 11 10 10 10 42
Total 122 111 111 112 457
Beg. Inventory 11 10 10 31
Purchase Budget 122 100 101 102 425
Direct Labor
Flavored Fries
Quarters
1 2 3 4 Year Total
Budgeted Sales (in units) 18,018 16,380 16,380 16,462 67,240
Direct labor hours per unit 0.083 0.083 0.083 0.083 0.083
Budgeted Direct labor hours 1,495 1,360 1,360 1,366 5,581
Direct labor rate per hour 26.69 26.69 26.69 26.69 26.69
budgeted Direct Labor Cost 39,915 36,286 36,286 36,468 148,955
Croquettes
Quarters
1 2 3 4 Year Total
Budgeted Sales (in units) 3,003 2,730 2,730 2,744 11,207
Direct labor hours per unit 0.083 0.083 0.083 0.083 0.083
Budgeted Direct labor hours 249 227 227 228 930
Direct labor rate per hour 26.69 26.69 26.69 26.69 26.69
budgeted Direct Labor Cost 6,652 6,048 6,048 6,079 24,827
Hash Brown
Quarters
1 2 3 4 Year Total
Budgeted Sales (in units) 6,006 5,460 5,460 5,487 22,413
Direct labor hours per unit 0.083 0.083 0.083 0.083 0.083
Budgeted Direct labor hours 498 453 453 455 1,860
Direct labor rate per hour 26.69 26.69 26.69 26.69 26.69
budgeted Direct Labor Cost 13,305 12,095 12,095 12,155 49,651
Lemonade Juice
Quarters
1 2 3 4 Year Total
Budgeted Sales (in units) 52,391 47,628 47,628 47,866 190,513
Direct labor hours per unit 0.083 0.083 0.083 0.083 0.083
Budgeted Direct labor hours 4,348 3,953 3,953 3,973 15,813
Direct labor rate per hour 26.69 26.69 26.69 26.69 26.69
budgeted Direct Labor Cost 116,060 105,509 105,509 106,036 422,038
Factory Overhead
QUARTERS Total Amount
1.00 2.00 3.00 4.00 per Year
Overhead Cost 269,985.00 269,985.00 269,985.00 269,985.00 1,079,940.00
Budgeted Labor C 229,118.00 208,319.00 208,319.00 209,394.00 855,150.00
Applied FOH 1.18 1.30 1.30 1.29 1.26
PURCHASES
Quantity per Year Ingredients Total Weights Price
23574 Potato 1 Kg/ 6 potatoes PHP 90.00
496 Eggs 1 tray/24 pcs. PHP 83.00
780 Cooking Oil 2L PHP 178.00
92 Garlic 1kg PHP 200.00
438 Onion 1kg PHP 125.00
425 Ground Chicken Meat 1kg PHP 140.00
3078 Tokwa 1 pc./13g PHP 2.50
243 Salt 1kg PHP 31.50
12 Black Pepper 25g PHP 30.00
25 Soy Sauce 1gal. PHP 128.25
13 Kinchay 1kg PHP 23.85
459 Breadcrumbs 1kg PHP 103.65
3444 Breading Mix 1kg. PHP 19.00
30 Mozarella Cheese 250g PHP 250.00
3444 Milk 1L PHP 66.50
363 Rosemary 20g PHP 12.65
8 Butter 225g PHP 49.00
2874 Garlic powder 36g PHP 64.00
295 Mayonnaise 470ml PHP 84.00
2755 Flavored powder 50g PHP 15.00
425 Spaghetti Sauce 1kg PHP 71.90
38103 Powdered Juice 25g PHP 9.95
38103 Lemon 1pc. PHP 15.00
Total Purchases per Year
PURCHASES
Total Purchases per Year Vat Net of Vat
PHP 2,121,660.00 PHP 227,320.71 PHP 1,894,339.29
PHP 41,168.00 PHP 4,410.86 PHP 36,757.14
PHP 138,840.00 PHP 14,875.71 PHP 123,964.29
PHP 18,400.00 PHP 1,971.43 PHP 16,428.57
PHP 54,750.00 PHP 5,866.07 PHP 48,883.93
PHP 59,500.00 PHP 6,375.00 PHP 53,125.00
PHP 7,695.00 PHP 824.46 PHP 6,870.54
PHP 7,654.50 PHP 820.13 PHP 6,834.38
PHP 360.00 PHP 38.57 PHP 321.43
PHP 3,206.25 PHP 343.53 PHP 2,862.72
PHP 310.05 PHP 33.22 PHP 276.83
PHP 47,575.35 PHP 5,097.36 PHP 42,477.99
PHP 65,436.00 PHP 7,011.00 PHP 58,425.00
PHP 7,500.00 PHP 803.57 PHP 6,696.43
PHP 229,026.00 PHP 24,538.50 PHP 204,487.50
PHP 4,591.95 PHP 491.99 PHP 4,099.96
PHP 392.00 PHP 42.00 PHP 350.00
PHP 183,936.00 PHP 19,707.43 PHP 164,228.57
PHP 24,780.00 PHP 2,655.00 PHP 22,125.00
PHP 41,325.00 PHP 4,427.68 PHP 36,897.32
PHP 30,557.50 PHP 3,274.02 PHP 27,283.48
PHP 379,124.85 PHP 40,620.52 PHP 338,504.33
PHP 571,545.00 PHP 61,236.96 PHP 510,308.04
PHP 4,039,333.45 PHP 432,785.73 PHP 3,606,547.72
Schedule 4: Property, Plant, and Equipment
OFFICE TOOLS
Items Quantity Cost Per Unit
Spatula 3 350.00
Spoon 10 80.00
Fork 10 80.00
Plates 15 97.00
Glass 10 75.00
Small Saucepan 2 350.00
Measuring Cup 1 250.00
Measuring Spoon 1 250.00
Knife 3 850.00
Food Storage Containers 3 750.00
Chopping Board 3 300.00
Mixing Bowl 4 275.00
Grater 1 250.00
Colander 1 250.00
Whisk 1 150.00
Total
OFFICE EQUIPMENT
Items Quantity Cost Per Unit
Refrigerator 1 11,500.00
Telephone 1 1,795.00
Calculator 1 340.00
Desktop computer/ Laptop 1 23,999.00
Printer 1 5,950.00
Napkin Dispenser 1 350.00
Burner Oven 1 3,000.00
Electronic Safety Vault 1 1,699.00
CCTV Camera 3 1,400.00
Total
OFFICE SUPPLIES
Items Quantity Cost Per Unit
Fire Extinguisher 1 2,099.75
Ballpen (12pcs/pack) 2 50.00
Toilet Paper (9/pack) 1 139.00
Printer Ink 3 390.00
Storage File Boxes 5 75.00
LPG 1 496.00
Total
VEHICLE
Items Quantity Cost Per Unit
Food truck 1 300,000.00
Total
FOOD TRUCK FURNITURES & FIXTURES
Items Quantity Cost Per Unit
Preparation table 1 4,500.00
Kitchen sink 1 3,500.00
Total
OFFICE TOOLS
Cost, VAT Inclusive 12% Input VAT Cost, VAT Exclusive
1,050.00 112.50 937.50
800.00 85.71 714.29
800.00 85.71 714.29
1,455.00 155.89 1,299.11
750.00 80.36 669.64
700.00 75.00 625.00
250.00 26.79 223.21
250.00 26.79 223.21
2,550.00 273.21 2,276.79
2,250.00 241.07 2,008.93
900.00 96.43 803.57
1,100.00 117.86 982.14
250.00 26.79 223.21
250.00 26.79 223.21
150.00 16.07 133.93
PHP 13,505.00 PHP 1,446.96 PHP 12,058.04
FICE EQUIPMENT
Cost, VAT Inclusive 12% Input VAT Cost, VAT Exclusive
11,500.00 1,232.14 10,267.86
1,795.00 192.32 1,602.68
340.00 36.43 303.57
23,999.00 2,571.32 21,427.68
5,950.00 637.50 5,312.50
350.00 37.50 312.50
3,000.00 321.43 2,678.57
1,699.00 182.04 1,516.96
4,200.00 450.00 3,750.00
PHP 52,833.00 PHP 5,660.68 PHP 47,172.32
FFICE SUPPLIES
Cost, VAT Inclusive 12% Input VAT Cost, VAT Exclusive
2099.75 224.97 1,874.78
100.00 10.71 89.29
139.00 14.89 124.11
1170.00 125.36 1,044.64
375.00 40.18 334.82
496.00 53.14 442.86
PHP 4,379.75 PHP 469.26 PHP 3,910.49
JANITORIAL SUPPLIES
Cost, VAT Inclusive 12% Input VAT Cost, VAT Exclusive
250.00 26.79 223.21
699.00 74.89 624.11
1,049.25 112.42 936.83
218.00 23.36 194.64
10.00 1.07 8.93
246.00 26.36 219.64
588.00 63.00 525.00
280.00 30.00 250.00
PHP 3,340.25 PHP 357.88 PHP 2,982.37
VEHICLE
Cost, VAT Inclusive 12% Input VAT Cost, VAT Exclusive
300,000.00 32,142.86 267,857.14
PHP 300,000.00 PHP 32,142.86 PHP 267,857.14
VEHICLE - COST
YEAR 1 YEAR 2 YEAR 3
PHP 267,857.14 PHP 267,857.14 PHP 267,857.14
OD TRUCK TOOLS
Cost, VAT Inclusive 12% Input VAT Cost, VAT Exclusive
800.00 85.71 714.29
2,550.00 273.21 2,276.79
50.00 5.36 44.64
380.00 40.71 339.29
PHP 3,780.00 PHP 7,547.86 PHP 10,517.86
TRUCK EQUIPMENT
Cost, VAT Inclusive 12% Input VAT Cost, VAT Exclusive
3,500.00 375.00 3,125.00
17,750.00 1,901.79 15,848.21
9,900.00 1,060.71 8,839.29
1,500.00 160.71 1,339.29
4,350.00 466.07 3,883.93
4,500.00 482.14 4,017.86
3,500.00 375.00 3,125.00
2,000.00 214.29 1,785.71
21,250.00 2,276.79 18,973.21
340.00 36.43 303.57
915.00 98.04 816.96
250.00 26.79 223.21
350.00 37.50 312.50
PHP 70,105.00 PHP 7,511.25 PHP 62,593.75
CK JANITORIAL SUPPLIES
Cost, VAT Inclusive 12% Input VAT Cost, VAT Exclusive
250.00 26.79 223.21
699.00 74.89 624.11
1,049.25 112.42 936.83
218.00 23.36 194.64
10.00 1.07 8.93
246.00 26.36 219.64
588.00 63.00 525.00
280.00 30.00 250.00
PHP 3,340.25 PHP 357.88 PHP 2,982.37
Replacement Expense
Particulars Schedule
Cost Year
See below
Acquisition As Replacement
Year
Acquisition As Replacement
Year Year
Pre-operating Expense
ITEM Pre-operating
SEC Registration
DTI Registration 515.00
Business/Mayor's Permit
Barangay Clearance 1,725.00
BIR Registration 615.00
CNC Registration 100.00
Electrical Certificate 50.00
Fire Inspection 500.00
Sanitary Permit 100.00
TOTAL 3,605.00
Schedule 8: Advertising Expense
DURING OPERATIONS
ITEM QUANTITY COST/UNIT YEAR YEAR
DURING OPERATIONS
ITEM Pre-operating YEAR 1 YEAR 2
SEC Registration
DTI Registration 515.00 515.00 -
Business/Mayor's Permit -
Barangay Clearance 1,725.00 1,725.00 1,725.00
BIR Registration 615.00 500.00 500.00
CNC Registration 100.00 100.00 -
Electrical Certificate 50.00 50.00 50.00
Fire Inspection 500.00 500.00
Sanitary Permit 100.00 100.00 100.00
TOTAL 3,605.00 3,490.00 2,375.00
Notes:
(a) BIR registration fee of PHP 615 on Year 1 refers to certification fee of PHP 100 plus PHP 15 documentary stamp p
(b) Mayor's permit usually includes tax on sales annually (based on net income of last year; assumed at 1/2% in gro
SEC registration fee is based on 1/5 of 1% of the Partnership's capital but not less than P1000.00.
PERATIONS
YEAR 3 YEAR 4 YEAR 5
- - -
- - -
1,725.00 1,725.00 1,725.00
500.00 500.00 500.00
- - -
50.00 50.00 50.00
Foodtruck
Operations Equipment and Tools
Office Furniture and Fixture
Warehouse Tools and Equipment
Working Capital
Purchases
Rent Expense
Salaries and wages
SSS Contribution
Philhealth Contribution
PAG-IBIG Contribution
Utilities Expense
Cooking Gas Expense
Gasoline Expense
Office Supplies Expense
Foodtruck Supplies Expense
Maintenance Expense
Miscellaneous Expense
Pre-Operating Expense
2nd year
Position Rate per Day Monthly Wage Annual Wage
General Manager 655.81 17,051.10 204,613.20
Cook 1 214.14 5,567.65 66,811.84
Cook 2 214.14 5,567.65 66,811.84
Cashier 214.14 5,567.65 66,811.84
Kitchen Worker - -
TOTAL 1,298.23 33,754.06 405,048.71
3rd year
Position Rate per Day Monthly Wage Annual Wage
General Manager 657.78 17,102.25 205,227.04
Cook 1 214.78 5,584.36 67,012.27
Cook 2 214.78 5,584.36 67,012.27
Cashier 214.78 5,584.36 67,012.27
Kitchen Worker - -
TOTAL 1,302.13 33,855.32 406,263.86
Assumption:
a) Salaries and Wages will be increased by --- per year
b) 13th month pay is computed as:
13th Month Pay = MonthlySalary
Gross Salary 13th Month Pay
204,001.20 17,000.10
66,612.00 5,551.00
66,612.00 5,551.00
66,612.00 5,551.00
- -
403,837.20 33,653.10 1st yr SW+13th month pay
438,802.77
440,119.18
1,316,412.25
Payroll Sheet Summary
1st year
Withholding Tax SSS
Position Gross Salary
Schedule a Schedule b
General Manager 204,001.20
Cook 1 66,612.00
Cook 2 66,612.00
Cashier 66,612.00
Kitchen Worker -
TOTAL 403,837.20 - -
PhilHealth PagIBIG
Total Deductions Net Salary
Schedule c Schedule d
- 204,613.20
- 66,811.84
- 66,811.84
- 66,811.84
- -
- - - 405,048.71
PhilHealth PagIBIG
Total Deductions Net Salary
Schedule c Schedule d
- 205,227.04
- 67,012.27
- 67,012.27
- 67,012.27
- -
- - - 406,263.86
SSS Contribution for the 1st year
SSS
Position Monthly Salary
ER EE
General Manager 17,000.10 1,178.70 581.30
Cook 1 5,551.00 405.20 199.80
Cook 2 5,551.00 405.20 199.80
Cashier 5,551.00 405.20 199.80
Kitchen Worker -
TOTAL 33,653.10 2,394.30 1,180.70
Assumption:
a) SSS Contribution is based on the new SSS Contribution of 2014
b) Remittance is every tenth of the next month
SS EC Total Contribution
Total ER ER EE TOTAL
1,760.00 30.00 1,208.70 581.30 1,790.00
605.00 10.00 415.20 199.80 615.00
605.00 10.00 415.20 199.80 615.00
605.00 10.00 415.20 199.80 615.00
- - - -
3,575.00 60.00 2,454.30 1,180.70 3,635.00
SS EC Total Contribution
Total ER ER EE TOTAL
- - - -
- - - -
- - - -
- - - -
- - - -
- - - - -
SS EC Total Contribution
Total ER ER EE TOTAL
- - - -
- - - -
- - - -
- - - -
- - - -
- - - - -
Remittance During the Year (Jan-Nov Total Remittace During the Year Payable at the end of the Year (Dec c
39,985.00 39,985.00 3,6
- 3,635.00
- -
Annual SSS Contribution
TOTAL Charged to OE
21,480.00 14,504.40
7,380.00 4,982.40
7,380.00 4,982.40
7,380.00 4,982.40
- -
43,620.00 29,451.60
Assumptions:
a) The Pag-IBIG premium used is ---
b) Remittance is every tenth of the next month
Remittance During the Year (Jan-Nov Total Remittace During the Year Payable at the end of the Year (Dec
- -
- -
- -
at the end of the Year (Dec current)
-
-
-
PhilHealth Contribution for the 1st Year
PhilHealth Contributions
Position Monthly Salary
ER EE
General Manager 17,000.10 212.50 212.50
Cook 1 5,551.00 100.00 100.00
Cook 2 5,551.00 100.00 100.00
Cashier 5,551.00 100.00 100.00
Total 33,653.10 512.50 512.50
Assumptions:
a) philhealth contribution is based on
b) Remittance is every tenth of the next month
Remittance During the Year (Jan-Nov Total Remittace During the Year Payable at the end of the Year (Dec
11,275.00 11,275.00
- 1,025.00
- -
the end of the Year (Dec current)
1,025.00
-
-
Withholding Tax Payable and Expanded Withholding Tax
Position Tax Status Rate Per Day
General Manager Single
Cook 1 Single
Cook 2 Single
Cashier Single
Total -
Note:
Annual Tax Table from BIR form 1701 has been used. Then the annual tax computed was simply divided by 12 to com
monthly withholding tax since in actual practice, the final basis of tax withheld is still this table. Any adjustments sha
at the end of the quarter of each year if actual withholding taxes deducted from employees' gross income is over or
1st yr
Basic Information
Position Personal Exemption
Annual Income
Status
General Manager Single
Cook 1 Single
Cook 2 Single
Cashier Single
Total
2nd yr
Basic Information
Position Personal Exemption
Annual Income
Status
General Manager Single
Cook 1 Single
Cook 2 Single
Cashier Single
Total -
3rd yr
Basic Information
Position Personal Exemption
Annual Income
Status
General Manager Single
Cook 1 Single
Cook 2 Single
Cashier Single
Total -
Monthly Wages 1st year Withholding tax 1st year
- - -
- - -
- - -
- - -
- -
Annual Rental
Monthly Rental Rate 1st yr
13,000.00 156,000.00
Application of advance rental
Total Rent Expense 156,000.00
5% Expanded withholding Tax 7,800.00
Payment/Remittance to BIR: 1st yr
Jan-Nov of current year 7,150.00
Dec of previous year -
Total payments due to BIR during the year 7,150.00
Other taxes payable (December each year) 650.00
Notes:
a) Rent Expense, Php 10,500.00 per month, will be the same for three years based on the lease contrac
1st year
Cash Payment (net 5% Expanded Withholding tax)
1st year - January to December 148,200.00
2nd year - January to December
3rd year - January to December
156,000.00 156,000.00
7,800.00 7,800.00
2nd yr 3rd yr
7,150.00 7,150.00
650.00 650.00
7,800.00 7,800.00
650.00 650.00
148,200.00
148,200.00
148,200.00 148,200.00
Electricity
equipments
Heat (Gas) cooking gas