VII- SCHEDULES

1. GENERAL ASSUMPTIONS

Schedules for Project Cost

Schedule 1 - Factory Machineries and Equipment

Machineries Quantity Unit Price Total Cost Net Cost Input Tax

Food Dehydrator Machine 1 16,200.00 16,200.00 14,464.29 1,735.71

LPG Deep Fryer 1 16,000.00 16,000.00 14,285.71 1,714.29

Chest Freezer 1 19,450.00 19,450.00 17,366.07 2,083.93

Water Spray Gun with Hose 1 1,800.00 1,800.00 1,607.14 192.86

Total 55,850.00 47,723.21 5,726.79

Schedule 2 - Office Equipment

Equipment Quantity Unit Price Total Cost Net Cost Input Tax

Water Dispenser with bottle 1 475.00 475.00 424.11 50.89

Airconditioner 1 8,000.00 8,000.00 7,142.86 857.14

Printer 1 6,600.00 6,600.00 5,892.86 707.14

Electric Fan 1 1,520.00 1,520.00 1,357.14 162.86

Desktop Computer Set 1 8,000.00 8,000.00 7,142.86 857.14

Total 24,595.00 21,959.82 2,635.18

 Schedule 3 - Office Furniture and Fixtures

Furniture and Fixtures Quantity Unit Price Total Cost Net Cost Input Tax

Mono block chair 4 250.00 1,000.00 892.86 107.14

Mono block table 1 950.00 950.00 848.21 101.79

Filing Cabinet 2 5,850.00 11,700.00 10,446.43 1,253.57

Total 13,650.00 12,187.50 1,462.50

Schedule 4 - Factory Furniture and Fixtures

Furniture and Fixtures Quantity Unit Price Total Cost Net Cost Input Tax

Mono block chair 6 250.00 1,500.00 1,339.29 160.71

Mono block table 2 950.00 1,900.00 1,696.43 203.57

Other Furnitures 3,000.00 2,678.57 321.43

Total 6,400.00 5,714.29 685.71

Schedule 5 - Sales Equipment

Equipment Quantity Unit Price Total Cost Net Cost Input Tax

Printing Calculator 1 3,800.00 3,800.00 3,392.86 407.14

Label Printer 1 16,000.00 16,000.00 14,285.71 1,714.29

Label Applicator 1 12,000.00 12,000.00 10,714.29 1,285.71

Weighing Scale 1 130.00 130.00 116.07 13.93

Total 31,930.00 28,508.93 3,421.07

 Schedule 6 - Sales Furniture and Fixture

Furniture and Fixture Quantity Unit Price Total Cost Net Cost Input Tax

Mono block chair 2 250.00 500.00 446.43 53.57

Display Cabinet 2 2,300.00 4,600.00 4,107.14 492.86

Table 1 950.00 950.00 848.21 101.79

Total 6,050.00 5,401.79 648.21

Schedule 7 - RAW MATERIALS (First 3 months of operation)

Raw Materials Quantity Unit Price Total Cost Net Cost Input Tax

Mushroom (per fruiting bag) 1000 25.00 25,000.00 22,321.43 2,678.57

Cooking Oil (17 kg) 100 1,995.00 199,500.00 178,125.00 21,375.00

All Purpose Flour (25kg sack) 38 930.00 35,340.00 31,553.57 3,786.43

Cornstarch (25kg sack) 10 850.00 8,500.00 7,589.29 910.71

Salt (25kg sack) 2 250.00 500.00 446.43 53.57

Powdered Cheese Flavor

85 1,190.00 101,150.00 90,312.50 10,837.50
(1kg)

Powdered Spicy Flavor (1kg) 85 1,160.00 98,600.00 88,035.71 10,564.29

Powdered Barbeque Flavor

85 1,190.00 101,150.00 90,312.50 10,837.50
(1kg)

Powdered Garlic Flavor (1kg) 85 1,190.00 101,150.00 90,312.50 10,837.50

Total 670,890.00 599,008.93 71,881.07

 Schedule 8 - Office Supplies

Supplies Quantity Unit Price Total Cost Net Cost Input Tax

Ballpen (box) 1 120.00 120.00 107.14 12.86

Brown Envelope (long) 6 3.00 18.00 16.07 1.93

Brown Envelope (short) 6 2.50 15.00 13.39 1.61

Paper Clips 1 25.00 25.00 22.32 2.68

Clock 1 100.00 100.00 89.29 10.71

Columnar Notebook 1 20.00 20.00 17.86 2.14

Cork Board 1 100.00 100.00 89.29 10.71

Correction Tape with refill 1 15.00 15.00 13.39 1.61

Folder (short) 6 4.00 24.00 21.43 2.57

Folder (long) 6 4.50 27.00 24.11 2.89

Whole Puncher 1 60.00 60.00 53.57 6.43

Marker 2 48.00 96.00 85.71 10.29

Marker ink 1 54.00 54.00 48.21 5.79

Metal Fasteners 24s 1 35.00 35.00 31.25 3.75

Pay Envelope 1 35.00 35.00 31.25 3.75

Plastic Fasteners 2 25.00 50.00 44.64 5.36

Push Pins 1 30.00 30.00 26.79 3.21

Record Book 2 40.00 80.00 71.43 8.57

Scissors 2 25.00 50.00 44.64 5.36

Bond Paper 1 125.00 125.00 111.61 13.39

Staple Wires 2 4.50 9.00 8.04 0.96

Stapler 2 30.00 60.00 53.57 6.43

Trash Bins 1 30.00 30.00 26.79 3.21

Tape Dispenser 2 30.00 60.00 53.57 6.43

Total 1,238.00 1,105.36 132.64

Schedule 9 - Factory Supplies

Supplies Quantity Unit Price Total Cost Net Cost Input Tax

Sticker Paper (10pcs per pack) 123 33.00 4,059.00 3,624.11 434.89

Resealable Stand Up Plastic

49 450.00 22,050.00 19,687.50 2,362.50
Food Pouch (1 pack= 100pcs)

Clock 1 100.00 100.00 89.29 10.71

Dishwashing Liquid (1/2

2 125.00 250.00 223.21 26.79
gallon)

Garbage Bag (roll) 1 210.00 210.00 187.50 22.50

Hand Sanitizer 2 125.00 250.00 223.21 26.79

Hand Towel 12s 2 110.00 220.00 196.43 23.57

Kitchen Tool Set 2 250.00 500.00 446.43 53.57

Knife Set 2 200.00 400.00 357.14 42.86

Measuring Cups 2 230.00 460.00 410.71 49.29

Measuring Spoons 2 50.00 100.00 89.29 10.71

Pot Holder 4 20.00 80.00 71.43 8.57

Scissors 4 30.00 120.00 107.14 12.86

Set of Spoon and Fork 1 100.00 100.00 89.29 10.71

Sponges 10's 2 50.00 100.00 89.29 10.71

Trash Bin 3 30.00 90.00 80.36 9.64

Weighing Scale 1 130.00 130.00 116.07 13.93

Gloves (10s) 2 65.00 130.00 116.07 13.93

Hairnet (10s) 2 95.00 190.00 169.64 20.36

Rope (200 yard) 2 790.00 1,580.00 1,410.71 169.29

Tray 10 65.00 650.00 580.36 69.64

Duel-Handle Steel Loader 1 2,400.00 2,400.00 2,142.86 257.14

Total 34,169.00 52,829.46 6,339.54

Schedule 10 - Sales Supplies

Supplies Quantity Unit Price Total Cost Net Cost Input Tax

Paper bag (100pcs per pack) 10 130.00 1,300.00 1,160.71 139.29

Staple Wires 5 4.50 22.50 20.09 2.41

Stapler 2 30.00 60.00 53.57 6.43

Total 1,382.50 1,234.38 148.13

 Schedule 11 - Leasehold Improvements

Particulars Amount Net Cost Input Tax

Growing room 15,000.00 13,392.86 1,607.14

Store Racks 3,000.00 2,678.57 321.43

Ceiling Works 9,000.00 8,035.71 964.29

Electrical Wirings and Outlets 3,500.00 3,125.00 375.00

Water Pipes 3,500.00 3,125.00 375.00

Tiles Work 3,000.00 2,678.57 321.43

Signboards 1,200.00 1,071.43 128.57

Lightning Fixtures 1,000.00 892.86 107.14

Paints 1,000.00 892.86 107.14

Total 40,200.00 35,892.86 4,307.14

Schedule 12 - Transportation Vehicle

Particulars Amount Net Cost Input Tax

Rusco Mini Van 180,000.00 160,714.29 19,285.71

Total 180000 180,000.00 19285.71429

 Schedule 13 - Pre-operating Expense

Particulars Schedule Amount

Rent Deposit 13.2

34,000.00

Prepaid Rent 13.2

22,000.00

Organizational Cost 13.3 8,595.00

Taxes and Licenses 13.4 7,850.00

Total
72,445.00

Schedule 13.1 - RENT DEPOSIT

Description monthly payment Total

Land 2 months deposit 5,000.00 10,000.00

Building 2 months deposit 12,000.00 24,000.00

TOTAL 34,000.00

Schedule 13.2 - PREPAID RENT

Description monthly payment Total

Land 1 month advance 10,000.00 10,000.00

Building 1 month advance 12,000.00 12,000.00

TOTAL 22,000.00
 Schedule 13.3 - ORGANIZATIONAL COST

Description Cost Total Cost

Reg Fee - BIR

Application for Partnership 500.00

Document Stamp 20.00

Certificate Fee 20.00

540.00

Reg Fee - DTI

Application for Partnership 500.00

Document Stamp 20.00

515.00

Reg Fee - SEC

Filing Fee for Article of Partnership 500.00

Document Stamp 20.00 520.00

Reg Fee - DOLE

Application for Partnership 6,000.00

Document Stamp 20.00 6,020.00

Reg Fee - BFAD 1,000.00

Total 8,595.00
 Schedule 13.4 - Taxes and Licences

Particulars Amount

Mayo's Permit 2,000.00

Barangay Clearance 500.00

Fire Inspection Fee 500.00

Fire Sanitary Inspection 500.00

Sanitary Inspection Fee 300.00

Health Inspection Fee 3,950.00

Business Plate 100.00

Total 7,850.00
 Schedule 14 - Input Tax

Particulars Amount

Factory Machineries and Equipment 5,791.07

Office Equipment 2,635.18

Office Furniture and Fixtures 1,462.50

Factory Furniture and Fixtures 685.71

Sales Equipment 3,421.07

Sales Furniture and Fixtures 648.21

Raw Materials Inventories 71,881.07

Office Supplies 132.64

Factory Supplies 3,596.68

Sales Supplies 148.13

Leasehold Improvements 4,307.14

Transportation vehicle 19,285.71

Total 113,995.13
 2. SPECIFIC ASSUMPTIONS

a) Sales and Production

Schedule 15 - Sales

inc in 10% Sales in

Year Production TGAS Sales in pesos Net Cost Output Tax
production FG, end units

1 52,870 5,287 47,583 5,947,875.00 5,310,602.68 637,272.32

2 69,564 74,851 7,485 67,366 8,420,737.50 7,518,515.63 902,221.88

3 20% 83,477 90,962 9,096 81,866 10,233,213.75 9,136,797.99 1,096,415.76

4 20% 100,172 109,268 10,927 98,342 12,292,689.38 10,975,615.51 1,317,073.86

5 20% 120,207 131,133 13,113 118,020 14,752,510.54 13,171,884.41 1,580,626.13

Schedule 16.1 - Production Schedule- Yr 1

Daily production 170 packs

no. of operating days 311

annual production 52,870 packs

Schedule 16.2 - Production Schedule- Yr 2

Daily production 170 packs

no. of operating days 341

total 57,970 packs

increase in production 20%

annual production 69,564 packs

 Schedule 16.3 - PRODUCTION
SCHEDULE - Yr 3 to 5

Increase in No. of
YEAR
Production Production

2 69,564

3 20% 83,477

4 20% 100,172

5 20% 120,207

b) COST OF GOODS SOLD ACCOUNTS

Schedule 17 - Direct Materials Purchases

Year of Purchase increase (%) Direct Materials

1 1,679,275.00

2 13.80% 1,911,014.95

3 5% 2,006,565.70

4 5% 2,106,893.98

5 5% 2,212,238.68
 Schedule 18 - Raw Materials, End

Year Beg, RM Sched Purchases Sched Total Used (90%) Unused (10%)

1 576,687.50 7 1,679,275.00 17 2,255,962.50 2,030,366.25 225,596.25

2 225,596.25 7 1,911,014.95 17 2,136,611.20 1,922,950.08 213,661.12

3 213,661.12 7 2,006,565.70 17 2,220,226.82 1,998,204.14 222,022.68

4 222,022.68 7 2,106,893.98 17 2,328,916.66 2,096,025.00 232,891.67

5 232,891.67 7 2,212,238.68 17 2,445,130.35 2,200,617.31 244,513.03

Schedule 19 - Direct Labor

No. of Monthly
Employees Annual Salary
employees Salary

Head Cook 1 8,000.00 96,000.00

Assistant Cook 1 6,500.00 78,000.00

Packager 1 6,000.00 72,000.00

Total 3 20,500.00 246,000.00

Schedule 20 - of Electricity Expense

Year increase expense Selling (20%) Office (25%) Factory (55%)

1 180,000.00 36,000.00 45,000.00 99,000.00

2 5% 189,000.00 37,800.00 47,250.00 103,950.00

3 5% 198,450.00 39,690.00 49,612.50 109,147.50

4 5% 208,372.50 41,674.50 52,093.13 114,604.88

5 5% 218,791.13 43,758.23 54,697.78 120,335.12

 Schedule 21 - Depreciation - Factory

Particulars Sched Amount

Machineries and equipment 20.1 6,723.21

Furniture and Fixture 20.2 1,142.86

Leasehold Improvement (Growing Room) 20.3 2,678.57

Leasehold Improvement (Building) 20.4 756.00

Annual Depreciation 11,300.64

Schedule 21.1 - Depreciation - Machineries and Equipment

useful
Particulars acquisition cost annual depr
life

Food Dehydrator Machine 14,464.29 8 1,808.04

LPG Deep Fryer 14,285.71 5 2,857.14

Chest Freezer 17,366.07 10 1,736.61

Water Spray Gun with

1,607.14 5 321.43
Hose

Total 6,723.21

Schedule 21.2 - Depreciation - Factory Furniture and Fixtures

useful
Particulars acquisition cost annual depr
life

Mono block chair 1,339.29 5 267.86

Mono block table 1,696.43 5 339.29

Other Furnitures 2,678.57 5 535.71

Total 1,142.86
 Schedule 21.3 - Depreciation - Factory Leasehold Improvement
(Growing Room)

useful
Particulars acquisition cost annual depr
life

Growing Room 13,392.86 5 2,678.57

Total 2,678.57

Schedule 21.4 - Depreciation Leasehold Improvement (Building)

Cost Useful Life Annual Depr Selling (25%) Office (25%) Factory (50%)

25,200.00 10 2,520.00 630.00 630.00 756.00

Schedule 22 - Factory Supplies

Year of Factory
increase (%) 90% Expense 10% unused
Purchase Supplies

1 328,919.64 296,027.68 32,891.96

2 20% 394,703.57 355,233.21 39,470.36

3 20% 473,644.29 426,279.86 47,364.43

4 20% 568,373.14 511,535.83 56,837.31

5 20% 682,047.77 613,842.99 68,204.78

 Schedule 22.1 - Factory Supplies

Supplies Quantity Unit Price Total Cost Net Cost Input Tax

Mushroom (per fruiting

2000 25.00 50,000.00 44,642.86 5,357.14
bag)

Sticker Paper (10pcs per

1470 33.00 48,510.00 43,312.50 5,197.50
pack)

Resealable Stand Up
Plastic Food Pouch (1 580 450.00 261,000.00 233,035.71 27,964.29
pack= 100pcs)

Clock 1 100.00 100.00 89.29 10.71

Dishwashing Liquid (1/2

6 125.00 750.00 669.64 80.36
gallon)

Garbage Bag (roll) 1 210.00 210.00 187.50 22.50

Hand Sanitizer 2 125.00 250.00 223.21 26.79

Hand Towel 12s 2 110.00 220.00 196.43 23.57

Kitchen Tool Set 2 250.00 500.00 446.43 53.57

Knife Set 2 200.00 400.00 357.14 42.86

Measuring Cups 2 230.00 460.00 410.71 49.29

Measuring Spoons 2 50.00 100.00 89.29 10.71

Pot Holder 4 20.00 80.00 71.43 8.57

Scissors 4 30.00 120.00 107.14 12.86

Set of Spoon and Fork 1 100.00 100.00 89.29 10.71

Sponges 10's 2 50.00 100.00 89.29 10.71

Trash Bin 3 30.00 90.00 80.36 9.64

Weighing Scale 1 130.00 130.00 116.07 13.93

Gloves (10s) 4 65.00 260.00 232.14 27.86

Hairnet (10s) 4 95.00 380.00 339.29 40.71

Rope (200 yard) 2 790.00 1,580.00 1,410.71 169.29

Tray 10 65.00 650.00 580.36 69.64

Duel-Handle Steel
1 2,400.00 2,400.00 2,142.86 257.14
Loader

Total 368,390.00 328,919.64 39,470.36

Schedule 23 - Indirect Labor

No. of Monthly
Employees Total Annual Salary
employees Salary

Plant Supervisor 1 10,000.00 10,000.00 120,000

Mushroom Grower 2 5,500.00 11,000.00 132,000

Total 3 15,500.00 21,000.00 252,000

Schedule 24 - Repairs and Maintenance-

Factory

Year Increase Rep and Main.

1 4,052.50

2 3% 4,174.08

3 3% 4,299.30

4 3% 4,428.28

5 3% 4,561.12
 Schedule 24.1 - Repairs and Maintenance - Factory

Acquisition alloc to repairs and

Particulars Amount
Cost fcty maintenance %

Leasehold improvement- Growing

15,000.00 100% 5% 750.00
Room

Leasehold improvement - bldg 25,200.00 50% 5% 630.00

Machineries and Equipment 53,450.00 100% 5% 2,672.50

Annual Repairs and Maintenance 4,052.50

Schedule 25 - Water Expense

Year increase expense Selling (20%) Office (20%) Factory (60%)

1 6,000.00 1,200.00 1,200.00 3,600.00

2 5% 6,300.00 1,260.00 1,260.00 3,780.00

3 5% 6,615.00 1,323.00 1,323.00 3,969.00

4 5% 6,945.75 1,389.15 1,389.15 4,167.45

5 5% 7,293.04 1,458.61 1,458.61 4,375.82

Schedule 26 - FACTORY RENT EXPENSE

Particulars Schedule Amount

Land 25.1 60,000.00

Building 25.2 72,000.00

Total 132,000.00
 Schedule 26.1 - RENT EXPENSE LAND

annual
monthly payment no. of months
expense

5,000.00 12
60,000.00

TOTAL
60,000.00

Schedule 26.2 - ALLOCATION BUILDING RENT EXPENSE

Monthly No. Of Office SELLING FACTORY

Total
Payment months (25%) (25%) (50%)

12,000.00 12 144,000.00 36,000.00 36,000.00 72,000.00

c) STATEMENT OF COMPREHENSIVE INCOME ACCOUNTS

Schedule 27 - Selling Expenses

Year
Particulars Schedule
1 2 3 4 5

Electricity Expense 19 36,000.00 37,800.00 39,690.00 41,674.50 43,758.23

Selling Supplies
27.1 10,566.96 14,088.93 17,611.17 22,013.96 27,517.45
Expense

Salaries and Wages 114,000.00 114,000.00 114,000.00 114,000.00 114,000.00

Repair and
315.00 324.45 334.18 344.21 354.54
Maintenance
Water Expense 1,200.00 1,260.00 1,323.00 1,389.15 1,458.61

Rent Expense 36,000.00 36,000.00 36,000.00 36,000.00 36,000.00

SSS Cont. 8,397.60 8,397.60 8,397.60 8,397.60 8,397.60

Philhealth Cont 2,400.00 2,400.00 2,400.00 2,400.00 2,400.00

Pag-ibig Cont 2,280.00 2,280.00 2,280.00 2,280.00 2,280.00

Withholding Taxes

Total 211,159.56 216,550.98 222,035.95 228,499.42 236,166.42

Administrative
Schedule 1.00 2.00 3.00 4.00 5.00
Expenses

Electricity Expense 19 45,000.00 47,250.00 49,612.50 52,093.13 54,697.78

Office Supplies
27.2 1,952.28 2,049.89 2,152.39 2,260.00 2,373.00
Expense

Salaries and Wages 120,000.00 120,000.00 120,000.00 120,000.00 120,000.00

Repair and
315.00 324.45 334.18 344.21 354.54
Maintenance

Water Expense 1,200.00 1,260.00 1,323.00 1,389.15 1,458.61

Rent Expense 36,000.00 36,000.00 36,000.00 36,000.00 36,000.00

SSS Cont. 8,840.40 8,840.40 8,840.40 8,840.40 8,840.40

Philhealth Cont 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00

Pag-ibig Cont 2,400.00 2,400.00 2,400.00 2,400.00 2,400.00

Withholding Taxes

Total 217,207.68 219,624.74 222,162.47 224,826.89 227,624.33

Selling and Admin

428,367.24 436,175.72 444,198.42 453,326.31 463,790.74
Expense
 Schedule 27.1 - SALES SUPPLIES EXPENSE SCHEDULE

Year increase Total 90% expense 10% unused

1 11,741.07 10,566.96 1,174.11

2 33.33% 15,654.37 14,088.93 1,565.44

3 25% 19,567.96 17,611.17 1,956.80

4 25% 24,459.95 22,013.96 2,446.00

5 25% 30,574.94 27,517.45 3,057.49

Schedule 27.1.1 - Sales Supplies

Supplies Quantity Unit Price Total Cost Net Cost Input Tax

Paper bag (100pcs per

100 130.00 13,000.00 11,607.14 1,392.86
pack)

Staple Wires 20 4.50 90.00 80.36 9.64

Stapler 2 30.00 60.00 53.57 6.43

Total 13,150.00 11,741.07 1,408.93

Schedule 27.2 - OFFICE SUPPLIES EXPENSE SCHEDULE

Year increase Total 90% expense 10% unused

1 2,169.20 1,952.28 216.92

2 5% 2,277.66 2,049.89 227.77

3 5% 2,391.54 2,152.39 239.15

4 5% 2,511.12 2,260.00 251.11

5 5% 2,636.67 2,373.00 263.67

 Schedule 27.2.1 Office Supplies

Supplies Quantity Unit Price Total Cost Net Cost Input Tax

Ballpen (box) 2 120.00 240.00 214.29 25.71

Brown Envelope (long) 12 3.00 36.00 32.14 3.86

Brown Envelope (short) 12 2.50 30.00 26.79 3.21

Paper Clips 2 25.00 50.00 44.64 5.36

Clock 1 100.00 100.00 89.29 10.71

Columnar Notebook 6 20.00 120.00 107.14 12.86

Cork Board 1 100.00 100.00 89.29 10.71

Correction Tape with

4 15.00 60.00 53.57 6.43
refill

Folder (short) 12 4.00 48.00 42.86 5.14

Folder (long) 12 4.50 54.00 48.21 5.79

Whole Puncher 1 60.00 60.00 53.57 6.43

Marker 2 48.00 96.00 85.71 10.29

Marker ink 2 54.00 108.00 96.43 11.57

Metal Fasteners 24s 1 35.00 35.00 31.25 3.75

Pay Envelope 3 35.00 105.00 93.75 11.25

Plastic Fasteners 2 25.00 50.00 44.64 5.36

Push Pins 2 30.00 60.00 53.57 6.43

Record Book 12 40.00 480.00 428.57 51.43

Scissors 2 25.00 50.00 44.64 5.36

Bond Paper 3 125.00 375.00 334.82 40.18

Staple Wires 5 4.50 22.50 20.09 2.41

Stapler 2 30.00 60.00 53.57 6.43

Trash Bins 1 30.00 30.00 26.79 3.21

Tape Dispenser 2 30.00 60.00 53.57 6.43

Total 2,429.50 2,169.20 260.30