SCHEDULE 1

DIRECT MATERIAL
(ONE TIME PURCHASE)
ITEMS QUANTITY UNIT COST TOTAL
DOUBLE DECK 8 6,326 50,608
ACCOMODATION 16
TOTAL 50,608

SCHEDULE 2
INDIRECT MATERIALS
ITEM QUANTITY UNIT COST TOTAL COST
MATRIX FOAM 16 1,736 27,776
ELECTRICFAN 4 240 960
MIRROR 4 100 400
BULB (LED) 8 70 560
PDX WIRE 8 25 200
OUTLET 4 50 200
SWITCH 9 35 315
BULB SOCKET 8 20 160
FAUCET 2 280 560
TOILET BOWL 2 510 1020
TOTAL 32,151

SCHEDULE 3
DIRECT LABOR
WORKER NO. OF PERSONEL RATE/DAY MONTHLY YEARLY
CARETAKER 1 280 6,720 80,640
TOTAL

SCHEDULE 4
MANUFACTURING OVERHEAD
UTILITIES MONTHLY EXPENSE 12 MONTHS
 WATER BILL 200.00 2,400
ELETRIC BILL 2,717.00 32,604
TOTAL 35,004

SCHEDULE 7
FURNITURES AND FIXTURES
ITEM QUANTITY UNIT PRICE TOTAL PRICE
SQUARE TABLE 4 759 3036
CABINET 4 1600 6400
CHAIR 16 150 2400
CCTV 1 1200 1200
TOTAL 13,036

SCHEDULE 8
TRANSPORTATION EXPENSE
MONTHLY YEARLY
200 2,400

SCHEDULE 9
DEPRECIATION EXPENSE
ASSET BOOK VALUE LIFE SPAN SCRAP VALUE
FURNITURE AND FIXTURE 95,795 5 19,159.00
BUILDING 745,672 15 49,711
TOTAL DEPRECIATION EXPENSE 68,870.47

SCHEDULE 12
PROJECTED SALES (PER MONTH)
ITEM UNIT COST QUANTITY UNIT SOLD TOTAL
BED 1500 16 16 1500

PROJECTED SALES (PER YEAR)

 PROJECTED SALES (PER YEAR)
ITEM 2019 2020 2021
BED 288,000 345,600 432,000

SCHEDULE 13
OPERATING EXPENSE
2019 2020 2021
DEPRECIATION EXPENSE 54,229.00 54,229.00 54,229.00
UTILITIES EXPENSE 68,870.00 70,247.00 71,651.94
TAXES AND LICENSES 23,490.00 23,490.00 23,490.00
SALARIES EXPENSE 80,640.00 84,000.00 87,000.00
Interest Expense 4,800.00 3,600.00 2,400.00
TRANSPORTATION 2,400.00 2,400.00 2,400.00
Repairs and Maintenance 1,500.00 2,000.00 2,000.00
Total Operating Expense 235,929.00 239,966.00 243,170.94

PROJECTED INCOME STATEMENT

2019 2020 2021
Gross Sales 288,000.00 345,600.00 432,000.00
Less:
Cost of service 1,500.00 2,000.00 2,000.00
Gross Profit from Sales 286,500.00 343,600.00 430,000.00
Less: Operating expenses 235,929.00 239,966.00 243,170.94
Net Income before tax 50,571.00 103,634.00 186,829.06
Tax (30%) 15,171.30 31,090.20 56,048.72
Income after tax 35,399.70 72,543.80 130,780.34
 PROJECTED CASH FLOW
2019 2020 2021
CASH INFLOW
START-UP CAPITAL 2,000,000.00
SALES 480,000.00 960,000.00 1,440,000.00
CASH BEGINNING BALANCE 128,899.70 3,368,289.23
Total Cash Inflow 2,480,000.00 1,088,899.70 4,808,289.23

CASH OUTFLOW
Land 1,000,000.00 1,000,000.00 1,000,000.00
Building 750,000.00 687,500.00 718,750.00
Furnitures and Fixtures 350,000.00 320,833.33 335,416.67
Tax 15,171.30 31,090.20 56,048.72
Operating expense 235,929.00 239,966.00 243,170.94
Total Cash OutFlow 2,351,100.30 2,279,389.53 2,353,386.32
Ending Balance 128,899.70 3,368,289.23 7,161,675.56

PROJECTED BALANCE SHEET

2019 2020 2021
Assets
Current Assets:
Cash on Hand 128,899.70 3,368,289.23 7,161,675.56
Total Current Assets 128,899.70 3,368,289.23 7,161,675.56

Fixed Assets:
Land 1,000,000.00 1,000,000.00 1,000,000.00
Building 750,000.00 750,000.00 750,000.00
Furniture and Fixtures 350,000.00 350,000.00 350,000.00
Less:
Accumulated depreciation
Land - - -
Building - 62,500.00 31,250.00
 Furniture and Fixtures - 29,166.67 14,583.33
Total Fixed Assets 2,100,000.00 2,008,333.33 2,054,166.67
TOTAL ASSETS 2,228,899.70 5,376,622.57 9,215,842.22

LIABILITIES AND EQUITY

Current Liability
Trade and other payables 173,500.00 173,500.00 173,500.00
Noncurrent Liability
Loans payable 20,000.00 15,000.00 10,000.00
Total Liabilities 193,500.00 188,500.00 183,500.00

Equity
Capital 2,000,000.00 2,228,899.70 5,376,622.57
Net Income 35,399.70 72,543.80 130,780.34
Retained earnings - 2,886,679.07 3,524,939.31
Total Equity 2,035,399.70 5,188,122.57 9,032,342.22
TOTAL LIABILITIES AND EQUITY 2,228,899.70 5,376,622.57 9,215,842.22
-

Trade and other payables:

Advance deposits 80,000.00

Accounts payable 93,000.00
2019 173,000.00
TOTAL COST
24000
Total

2,100,000.00
2,100,000.00
2,100,000.00

-
91,666.67
45,833.33
SCHEDULE 1
DIRECT MATERIAL
(ONE TIME PURCHASE)
ITEMS QUANTITY UNIT COST TOTAL
DOUBLE DECK 8 6,326 50,608
ACCOMODATION 16
TOTAL 50,608

SCHEDULE 2
INDIRECT MATERIALS
ITEM QUANTITY UNIT COST TOTAL COST
MATRIX FOAM 16 1,736 27,776
ELECTRICFAN 4 240 960
MIRROR 4 100 400
BULB (LED) 8 70 560
PDX WIRE 8 25 200
OUTLET 4 50 200
SWITCH 9 35 315
BULB SOCKET 8 20 160
FAUCET 2 280 560
TOILET BOWL 2 510 1020
TOTAL 32,151

SCHEDULE 3
DIRECT LABOR
WORKER NO. OF PERSONEL RATE/DAY MONTHLY YEARLY
CARETAKER 1 280 6,720 80,640
TOTAL

SCHEDULE 4
MANUFACTURING OVERHEAD
UTILITIES MONTHLY EXPENSE 12 MONTHS
 WATER BILL 200.00 2,400
ELETRIC BILL 2,717.00 32,604
TOTAL 35,004

SCHEDULE 7
FURNITURES AND FIXTURES
ITEM QUANTITY UNIT PRICE TOTAL PRICE
SQUARE TABLE 4 759 3036
CABINET 4 1600 6400
CHAIR 16 150 2400
CCTV 1 1200 1200
TOTAL 13,036

SCHEDULE 8
TRANSPORTATION EXPENSE
MONTHLY YEARLY
200 2,400

SCHEDULE 9
DEPRECIATION EXPENSE
ASSET BOOK VALUE LIFE SPAN SCRAP VALUE
FURNITURE AND FIXTURE 95,795 5 19,159.00
BUILDING 745,672 15 49,711
TOTAL DEPRECIATION EXPENSE 68,870.47

SCHEDULE 12
PROJECTED SALES (PER MONTH)
ITEM UNIT COST QUANTITY UNIT SOLD TOTAL
BED 1500 16 16 1500

PROJECTED SALES (PER YEAR)

 PROJECTED SALES (PER YEAR)
ITEM 2019 2020 2021
BED 288,000 345,600 432,000

SCHEDULE 13
OPERATING EXPENSE
2019 2020 2021
DEPRECIATION EXPENSE 54,229.00 54,229.00 54,229.00
UTILITIES EXPENSE 68,870.00 70,247.00 71,651.94
TAXES AND LICENSES 23,490.00 23,490.00 23,490.00
SALARIES EXPENSE 80,640.00 84,000.00 87,000.00
Interest Expense 4,800.00 3,600.00 2,400.00
TRANSPORTATION 2,400.00 2,400.00 2,400.00
Repairs and Maintenance 1,500.00 2,000.00 2,000.00
Total Operating Expense 235,929.00 239,966.00 243,170.94

PROJECTED INCOME STATEMENT

2019 2020 2021
Gross Sales 480,000.00 960,000.00 1,440,000.00
Less:
Cost of service 1,500.00 2,000.00 2,000.00
Gross Profit from Sales 478,500.00 958,000.00 1,438,000.00
Less: Operating expenses 235,929.00 239,966.00 243,170.94
Net Income before tax 242,571.00 718,034.00 1,194,829.06
Tax (30%) 72,771.30 215,410.20 358,448.72
Income after tax 169,799.70 502,623.80 836,380.34
 PROJECTED CASH FLOW
2019 2020 2021
CASH INFLOW
START-UP CAPITAL 2,000,000.00
SALES 480,000.00 960,000.00 1,440,000.00
CASH BEGINNING BALANCE 71,299.70 3,495,009.23
Total Cash Inflow 2,480,000.00 1,031,299.70 4,935,009.23

CASH OUTFLOW
Land 1,000,000.00 1,000,000.00 1,000,000.00
Building 750,000.00 687,500.00 718,750.00
Furnitures and Fixtures 350,000.00 320,833.33 335,416.67
Tax 72,771.30 215,410.20 358,448.72
Operating expense 235,929.00 239,966.00 243,170.94
Total Cash OutFlow 2,408,700.30 2,463,709.53 2,655,786.32
Ending Balance 71,299.70 3,495,009.23 7,590,795.56

PROJECTED BALANCE SHEET

2019 2020 2021
Assets
Current Assets:
Cash on Hand 71,299.70 3,495,009.23 7,590,795.56
Total Current Assets 71,299.70 3,495,009.23 7,590,795.56

Fixed Assets:
Land 1,000,000.00 1,000,000.00 1,000,000.00
Building 750,000.00 750,000.00 750,000.00
Furniture and Fixtures 350,000.00 350,000.00 350,000.00
Less:
Accumulated depreciation
Land - - -
Building - 62,500.00 31,250.00
 Furniture and Fixtures - 29,166.67 14,583.33
Total Fixed Assets 2,100,000.00 2,008,333.33 2,054,166.67
TOTAL ASSETS 2,171,299.70 5,503,342.57 9,644,962.22

LIABILITIES AND EQUITY

Current Liability
Trade and other payables 173,500.00 173,500.00 173,500.00
Noncurrent Liability
Loans payable 20,000.00 15,000.00 10,000.00
Total Liabilities 193,500.00 188,500.00 183,500.00

Equity
Capital 2,000,000.00 2,171,299.70 5,503,342.57
Net Income 169,799.70 502,623.80 836,380.34
Retained earnings (192,000.00) 2,640,919.07 3,121,739.31
Total Equity 1,977,799.70 5,314,842.57 9,461,462.22
TOTAL LIABILITIES AND EQUITY 2,171,299.70 5,503,342.57 9,644,962.22

Trade and other payables:

Advance deposits 80,000.00

Accounts payable 93,000.00
2019 173,000.00
TOTAL COST
24000
Total

2,100,000.00
2,100,000.00
2,100,000.00

-
91,666.67
45,833.33