Dreamy Destination Travel and Tours

Start Up Capital

Quantity Price Total

3 Computer 14,550.00 43,650.00

3 Office Table 4,285.00 12,855.00
3 Office Chair 2,650.00 7,950.00
4 Chairs 1,250.00 5,000.00
1 Metal Cabinet 9,885.00 9,885.00
1 Fire Extinguisher 1,900.00 1,900.00
1 Printer 7,995.00 7,995.00
1 Aircon 35,433.00 35,433.00
1 Mop 99.00 99.00
1 Dust Bin 165.00 165.00
1 Broom and Dust pan 199.00 199.00
1 Electric Fan 1,000.00 1,000.00
1 Water Dispenser 4,999.00 4,999.00
1 Couch 7,999.00 7,999.00
1 LED Television 4,999.00 4,999.00
2 CCTV 4,600.00 9,200.00
1 Wall Clock 200.00 200.00
3 Waterproof Camera 22,754.16 68,262.50
Office Supplies 2,500.00 2,500.00

Grand Total 224,290.50

Partner contribution 32,041.50

 Dreamy Destination Travel and Tours
Income Statement

Note Year 1 Year 2 Year 3

Sales 1 2,660,128.00 2,849,392.00 3,050,055.00

Variable cost
Accomodation 2 357,500.00 374,850.00 395,200.00
Transportation - Van 2 568,000.00 591,300.00 619,100.00
Transportation - Boat 2 159,000.00 163,500.00 169,500.00
Meals 2 225,000.00 230,000.00 237,500.00
Entrance Fees 2 207,600.00 215,200.00 223,150.00
Total 1,517,100.00 1,574,850.00 1,644,450.00

Contribution margin 1,143,028.00 1,274,542.00 1,405,605.00

Fixed cost
Salaries 3 645,840.00 678,132.00 712,038.36
SSS, HDMF, PHIC 3 65,901.24 69,179.64 70,256.64
Office Supplies expense 4 1,863.00 1,938.00 2,016.00
Electricity 5 36,000.00 37,080.00 38,192.40
Water 5 6,000.00 6,180.00 6,365.40
Internet Connection 5 20,388.00 20,999.64 21,629.63
Rent 6 120,000.00 123,600.00 127,308.00
Advertising 7 5,000.00 3,000.00 2,000.00
Business Permits and Other Gov,t 8 4,870.00 4,870.00 4,870.00
Staff Training and Development 9 20,000.00 10,000.00 5,000.00
Depreciation 10 42,014.22 42,014.22 42,014.22
Total 967,876.46 996,993.50 1,031,690.65

Net income 175,151.54 277,548.50 373,914.35

 Dreamy Destination Travel and Tours
Income Statement

Note Year 1 Year 2 Year 3

Sales 2,660,128.00 100% 2,849,392.00 100% 3,050,055.00 100%

Variable cost 1,517,100.00 57% 1,574,850.00 55% 1,644,450.00 54%
Contribution margin 1,143,028.00 43% 1,274,542.00 45% 1,405,605.00 46%
Fixed cost 967,876.46 36% 996,993.50 35% 1,031,690.65 34%
Net income 175,151.54 7% 277,548.50 10% 373,914.35 12%

Break even sales = Fixed cost / Contribution margin ratio

Fixed cost 967,876.46 996,993.50 1,031,690.65

Divided by: CM % 43% 45% 46%
Break even sales 2,250,875.49 2,215,541.11 2,242,805.76

Return on investment = Net income / Total assets

Net income 175,151.54 277,548.50 373,914.35

Divided by: Total assets 399,442.04 676,990.54 1,050,904.89
ROI 0.44 0.41 0.36
 Projected Three-Year Statement of Changes of Equity
Dreamy Destination Travel and Tours

Note Year 1 Year 2 Year 3

Beginning - 399,442.04 676,990.54

Add: Investments 224,290.50 - -
Net income 175,151.54 277,548.50 373,914.35
Total 399,442.04 676,990.54 1,050,904.89
Less: Withdrawals - - -
Ending 399,442.04 676,990.54 1,050,904.89
 Projected Three-Year Statement of Cash Flow
Dreamy Destination Travel and Tours

Note Year 1 Year 2

Operating Activities
Cash Receipts from Services rendered 2,660,128.00 2,849,392.00
Cash Receipts from customers for insurance 94,000.00 97,500.00
Payment to insurance company (94,000.00) (97,500.00)
Payment for Accomodation (357,500.00) (374,850.00)
Payment for Transportation - Van (568,000.00) (591,300.00)
Payment for Transportation - Boat (159,000.00) (163,500.00)
Payment for Meals (225,000.00) (230,000.00)
Payment for Entrance Fees (207,600.00) (215,200.00)
Payment for Salaries (645,840.00) (678,132.00)
Payment for SSS, HDMF, PHIC (65,901.24) (69,179.64)
Payment for Electricity (36,000.00) (37,080.00)
Payment for Water (6,000.00) (6,180.00)
Payment for Internet Connection (20,388.00) (20,999.64)
Payment for Rent (120,000.00) (123,600.00)
Payment for Advertising (5,000.00) (3,000.00)
Payment for Business Permits and Other Gov,t (4,870.00) (4,870.00)
Payment for Staff Training (20,000.00) (10,000.00)
Purchase of supplies (3,163.00) (1,200.00)
Total Cash Provided by Operating Activities 215,865.76 320,300.72

Investing Activities
Purchase of PPE (221,127.50) -
Total Cash Used from Investing Activities (221,127.50) -

Financing Activities
Cash Received as Investment by Partner's 224,290.50
Cash Provided by Financing Activities 224,290.50 -

Net Cash Inflow(Outflow) 219,028.76 320,300.72

Add:Beginning Balance - 219,028.76
Ending Cash Balances 219,028.76 539,329.48

Payback period = Total cost of investment / Net cash inflow

Cost of investment 224,290.50

Divided by: Net cash inflow 219,028.76
Payback period 1.02
Analysis:

Given the net cash inflow in Year 1 amounting to 219,028.76 , the initial cost of investment of 224,290.50
will be recovered within 1.02 years or 1 year and 2 days (estimate).
 Year 3

3,050,055.00
101,000.00
(101,000.00)
(395,200.00)
(619,100.00)
(169,500.00)
(237,500.00)
(223,150.00)
(712,038.36)
(70,256.64)
(38,192.40)
(6,365.40)
(21,629.63)
(127,308.00)
(2,000.00)
(4,870.00)
(5,000.00)
(1,938.00)
416,006.57

-
-

416,006.57
539,329.48
955,336.05

ent / Net cash inflow

investment of 224,290.50
 Projected Comparative Balance Sheet
Dreamy Destination Travel and Tours

Note Year 1 Year 2

Assets

Current Assets
Cash 219,028.76 539,329.48
Office Supplies 1,300.00 562.00
Total 220,328.76 539,891.48

Non-Current Assets
Property, Plant and Equipment (net) 179,113.28 137,099.06
Total 179,113.28 137,099.06

Total Assets 399,442.04 676,990.54

Liabilities and Partners' Equity

Liabilities - -
Partners' Equity 399,442.04 676,990.54

Total Liabilities and Partners' Equity 399,442.04 676,990.54

 Year 3

955,336.05
484.00
955,820.05

95,084.84
95,084.84

1,050,904.89

-
1,050,904.89

1,050,904.89
 Dreamy Drestination Travel and Tours
Cost of Services

Variable Costs
Year 1
ROOM/ ACCOMODATION (Free Breakfast)
No. of CustomerRoom capaciRooms occupiedRate per Room Total
Package A (Butuan- Surigao)-1 Day 169 0 0 - -
Package B (Butuan-Surigao) -2 Days (1 Breakfast) 201 10 21 2,500.00 52,500.00
Package C (Butuan-Surigao)-3 Days (2 Breakfast) 602 10 61 5,000.00 305,000.00
357,500.00

VAN
No. of CustomerVan CapacityVans Occupied Rate per Van No. of days van in Total
Package A (Butuan- Surigao)-1 Day 169 17 10 4,000.00 1 40,000.00
Package B (Butuan-Surigao)-2 Days 201 17 12 4,000.00 2 96,000.00
Package C (Butuan-Surigao)-3 Days 602 17 36 4,000.00 3 432,000.00
568,000.00

BOAT
No. of CustomerBoat CapacitBoats Occupied Rate per Boat No. of Boat Travels Total
Package A (Butuan- Surigao)-1 Day 169 17 10 1,500.00 1 15,000.00
Package B (Butuan-Surigao)-2 Days 201 17 12 1,500.00 2 36,000.00
Package C (Butuan-Surigao)-3 Days 602 17 36 1,500.00 2 108,000.00
159,000.00

DINNER
No. of CustomerDinner CapacPax of CustomerRate per Meal Total
Package A (Butuan- Surigao)-1 Day (1Dinner) 169 18 10 2,500 25,000.00
Package B (Butuan-Surigao)-2 Days (1 Dinner) 201 18 12 2,500 30,000.00
Package C (Butuan-Surigao)-3 Days (2 Dinner) 602 18 34 5,000 170,000.00
225,000.00

ENTRANCE FEES
No. of CustomerRate per he Total
Package A (Butuan- Surigao)-1 Day 169 100 16,900.00
Package B (Butuan-Surigao)-2 Days 201 200 40,200.00
Package C (Butuan-Surigao)-3 Days 602 250 150,500.00
207,600.00

ROOM/ ACCOMODATION (Free Breakfast) 357,500.00

VAN 568,000.00
BOAT 159,000.00
DINNER 225,000.00
ENTRANCE FEES 207,600.00
1,517,100.00
 Dreamy Drestination Travel and Tours
Cost of Services

Variable Costs
Year 2
ROOM/ ACCOMODATION (Free Breakfast)
No. of CustomerRoom capaciRooms occupiedRate per Room Total
Package A (Butuan- Surigao)-1 Day 176 0 0 - -
Package B (Butuan-Surigao) -2 Days (1 Breakfast) 208 10 21 2,550.00 53,550.00
Package C (Butuan-Surigao)-3 Days (2 Breakfast) 624 10 63 5,100.00 321,300.00
374,850.00

VAN
No. of CustomerVan CapacityVans Occupied Rate per Van Total
Package A (Butuan- Surigao)-1 Day 176 17 11 4,050.00 44,550.00
Package B (Butuan-Surigao)-2 Days 208 17 12 8,100.00 97,200.00
Package C (Butuan-Surigao)-3 Days 624 17 37 12,150.00 449,550.00
591,300.00

BOAT
No. of CustomerBoat CapacitBoats Occupied Rate per Boat No. boat of travels Total
Package A (Butuan- Surigao)-1 Day 176 17 11 1,500.00 1 16,500.00
Package B (Butuan-Surigao)-2 Days 208 17 12 1,500.00 2 36,000.00
Package C (Butuan-Surigao)-3 Days 624 17 37 1,500.00 2 111,000.00
163,500.00

DINNER
No. of CustomerDinner CapacPax of CustomerRate per Meal Total
Package A (Butuan- Surigao)-1 Day (1Dinner) 176 18 10 2,500.00 25,000.00
Package B (Butuan-Surigao)-2 Days (1 Dinner) 208 18 12 2,500.00 30,000.00
Package C (Butuan-Surigao)-3 Days (2 Dinner) 624 18 35 5,000.00 175,000.00
230,000.00

ENTRANCE FEES
No. of CustomerRate per he Total
Package A (Butuan- Surigao)-1 Day 176 100 17,600.00
Package B (Butuan-Surigao)-2 Days 208 200 41,600.00
Package C (Butuan-Surigao)-3 Days 624 250 156,000.00
215,200.00

TOTAL VC
ROOM/ ACCOMODATION (Free Breakfast) 374,850.00
VAN 591,300.00
BOAT 163,500.00
DINNER 230,000.00
ENTRANCE FEES 215,200.00
1,574,850.00
 Dreamy Drestination Travel and Tours
Cost of Services

Variable Costs
Year 3
ROOM/ ACCOMODATION (Free Breakfast)
No. of CustomerRoom capaciRooms occupiedRate per Room Total
Package A (Butuan- Surigao)-1 Day 182 0 0 - -
Package B (Butuan-Surigao) -2 Days (1 Breakfast) 216 10 22 2,600.00 57,200.00
Package C (Butuan-Surigao)-3 Days (2 Breakfast) 647 10 65 5,200.00 338,000.00
395,200.00

VAN
No. of CustomerVan CapacityVans Occupied Rate per Van Total
Package A (Butuan- Surigao)-1 Day 182 17 11 4,100.00 45,100.00
Package B (Butuan-Surigao)-2 Days 216 17 13 8,200.00 106,600.00
Package C (Butuan-Surigao)-3 Days 647 17 38 12,300.00 467,400.00
619,100.00

BOAT
No. of CustomerBoat CapacitBoats Occupied Rate per Boat No. boat of travels Total
Package A (Butuan- Surigao)-1 Day 182 17 11 1,500.00 1 16,500.00
Package B (Butuan-Surigao)-2 Days 216 17 13 1,500.00 2 39,000.00
Package C (Butuan-Surigao)-3 Days 647 17 38 1,500.00 2 114,000.00
169,500.00

DINNER
No. of CustomerDinner CapacPax of CustomerRate per Meal Total
Package A (Butuan- Surigao)-1 Day (1Dinner) 182 18 11 2,500.00 27,500.00
Package B (Butuan-Surigao)-2 Days (1 Dinner) 216 18 12 2,500.00 30,000.00
Package C (Butuan-Surigao)-3 Days (2 Dinner) 647 18 36 5,000.00 180,000.00
237,500.00

ENTRANCE FEES
No. of CustomerRate per he Total
Package A (Butuan- Surigao)-1 Day 182 100 18,200.00
Package B (Butuan-Surigao)-2 Days 216 200 43,200.00
Package C (Butuan-Surigao)-3 Days 647 250 161,750.00
223,150.00

TOTAL VC
ROOM/ ACCOMODATION (Free Breakfast) 395,200.00
VAN 619,100.00
BOAT 169,500.00
DINNER 237,500.00
ENTRANCE FEES 223,150.00
1,644,450.00
 DREAMY DESTINATION
Cost of Services

Fixed Cost
Year 1 Year 2 Year 3
Monthly Annual Annual Annual
Salaries 53,820.00 645,840.00 678,132.00 712,038.36
SSS, HDMF, PHIC 5,491.77 65,901.24 69,179.64 70,256.64
Office Supplies expense 1,863.00 1,938.00 2,016.00
Electricity 3,000.00 36,000.00 37,080.00 38,192.40
Staff Training and Development 20,000.00 10,000.00 5,000.00
Advertising 5,000.00 3,000.00 2,000.00
Business Permits and Other Gov,t 4,870.00 4,870.00 4,870.00
Water 500.00 6,000.00 6,180.00 6,365.40
Internet Connection 1,699.00 20,388.00 20,999.64 21,629.63
Rent 10,000.00 120,000.00 123,600.00 127,308.00
Depreciation 42,014.22 42,014.22 42,014.22
967,876.46 996,993.50 1,031,690.65

Assumption: There is an increase of 3% of the utilities in year 2 and in year 3.

4% yearly increase on consumption of office supplies
 Dreamy Drestination Travel and Tours
DEPRECIATION TABLE

Variable Costs
Acc Dep'n PPE - Book value
Y1 Y2 Y3 Y1 Y2 Y3
Cost Qty Total cost Salvage value Depreciable amount Useful life Annual dep'n
Furnitures and Fixture
Office Table 4,285.00 3 12,855.00 642.75 12,212.25 5 2,442.45 2,442.45 4,884.90 7,327.35 10,412.55 7,970.10 5,527.65
Office Chair 2,650.00 3 7,950.00 397.50 7,552.50 5 1,510.50 1,510.50 3,021.00 4,531.50 6,439.50 4,929.00 3,418.50
Chair 1,250.00 4 5,000.00 250.00 4,750.00 5 950.00 950.00 1,900.00 2,850.00 4,050.00 3,100.00 2,150.00
Metal Cabinet 9,885.00 1 9,885.00 494.25 9,390.75 5 1,878.15 1,878.15 3,756.30 5,634.45 8,006.85 6,128.70 4,250.55
Couch 7,999.00 1 7,999.00 399.95 7,599.05 5 1,519.81 1,519.81 3,039.62 4,559.43 6,479.19 4,959.38 3,439.57
LED Television 4,999.00 1 4,999.00 249.95 4,749.05 5 949.81 949.81 1,899.62 2,849.43 4,049.19 3,099.38 2,149.57
48,688.00 2,434.40 46,253.60 9,250.72 9,250.72 18,501.44 27,752.16 39,437.28 30,186.56 20,935.84

Information and Communication Technology Equipment

CCTV 4,600.00 2 9,200.00 460.00 8,740.00 5 1,748.00 1,748.00 3,496.00 5,244.00 7,452.00 5,704.00 3,956.00

Office Equipment
Computer 14,550.00 3 43,650.00 2,182.50 41,467.50 5 8,293.50 8,293.50 16,587.00 24,880.50 35,356.50 27,063.00 18,769.50
Printer 7,995.00 1 7,995.00 399.75 7,595.25 5 1,519.05 1,519.05 3,038.10 4,557.15 6,475.95 4,956.90 3,437.85
Aircon 35,433.00 1 35,433.00 1,771.65 33,661.35 5 6,732.27 6,732.27 13,464.54 20,196.81 28,700.73 21,968.46 15,236.19
87,078.00 4,353.90 82,724.10 16,544.82 16,544.82 33,089.64 49,634.46 70,533.18 53,988.36 37,443.54

Technical Equipment
Waterproof Camera 22,754.16 3 68,262.50 3,413.13 64,849.37 5 12,969.87 12,969.87 25,939.74 38,909.61 55,292.63 42,322.76 29,352.89

Other Equipment
Electric Fan 1,000.00 1 1,000.00 50.00 950.00 5 190.00 190.00 380.00 570.00 810.00 620.00 430.00
Water Dispenser 4,999.00 1 4,999.00 249.95 4,749.05 5 949.81 949.81 1,899.62 2,849.43 4,049.19 3,099.38 2,149.57
Fire Extinguisher 1,900.00 1 1,900.00 95.00 1,805.00 5 361.00 361.00 722.00 1,083.00 1,539.00 1,178.00 817.00
7,899.00 394.95 7,504.05 1,500.81 1,500.81 3,001.62 4,502.43 6,398.19 4,897.38 3,396.57

TOTAL 42,014.22 42,014.22 84,028.44 126,042.66 179,113.28 137,099.06 95,084.84

Dust Bin 165.00 1 165.00 8.25 156.75 5 31.35

Mop 99.00 1 99.00 4.95 94.05 5 18.81
Broom and Dust pan 199.00 1 199.00 9.95 189.05 5 37.81
Wall Clock 200.00 1 200.00 10.00 190.00 5 38.00
DREAMY DESTINATION TRAVEL AND TOURS salaries 53,820.00
Monthly Payroll
Year 1 SSS payable 1,962.10
HDMF payable 600.00
SSS HDMF PHIC Total PHC payable 853.87
No. Employee Gross Salary Deductions Net Pay
EE ER EE ER EE ER cash 50,404.03
1 General Manager 11,700.00 417.80 857.20 100.00 100.00 160.87 160.87 678.67 11,021.33
2 Operations and Marketing Manager 10,400.00 381.50 783.50 100.00 100.00 143.00 143.00 624.50 9,775.50 SSS payable 1,962.10 Mandatory contrib 65,901.24
3 Cashier 7,930.00 290.70 599.30 100.00 100.00 137.50 137.50 528.20 7,401.80 HDMF payable 600.00
5 Frontdesk 7,930.00 290.70 599.30 100.00 100.00 137.50 137.50 528.20 7,401.80 PHC payable 853.87
6 Tour Guide / Photographer 7,930.00 290.70 599.30 100.00 100.00 137.50 137.50 528.20 7,401.80 SSS expense 4,037.90
7 Tour Guide / Photographer 7,930.00 290.70 599.30 100.00 100.00 137.50 137.50 528.20 7,401.80 HDMF expense 600.00
PHC expense 853.87
TOTAL 53,820.00 1,962.10 4,037.90 600.00 600.00 853.87 853.87 3,415.97 50,404.03 Cash 8,907.74

DREAMY DESTINATION TRAVEL AND TOURS salaries 56,511.00

Monthly Payroll SSS payable 2,089.10
Year 2 HDMF payable 600.00
PHC payable 869.07
SSS HDMF PHIC Total cash 52,952.83
No. Employee Gross Salary Net Pay
EE ER EE ER EE ER Deductions
1 General Manager 12,285.00 454.20 930.80 100.00 100.00 168.92 168.92 723.12 11,561.88 SSS payable 2,089.10
2 Operations and Marketing Manager 10,920.00 399.70 820.30 100.00 100.00 150.15 150.15 649.85 10,270.15 HDMF payable 600.00 Mandatory contrib 69,179.64
3 Cashier 8,326.50 308.80 636.20 100.00 100.00 137.50 137.50 546.30 7,780.20 PHC payable 869.07
5 Frontdesk 8,326.50 308.80 636.20 100.00 100.00 137.50 137.50 546.30 7,780.20 SSS expense 4,295.90
6 Tour Guide / Photographer 8,326.50 308.80 636.20 100.00 100.00 137.50 137.50 546.30 7,780.20 HDMF expense 600.00
7 Tour Guide / Photographer 8,326.50 308.80 636.20 100.00 100.00 137.50 137.50 546.30 7,780.20 PHC expense 869.07
Cash 9,323.14
TOTAL 56,511.00 2,089.10 4,295.90 600.00 600.00 869.07 869.07 3,558.17 52,952.83

DREAMY DESTINATION TRAVEL AND TOURS

Monthly Payroll salaries 59,336.53
Year 3 SSS payable 2,125.30
HDMF payable 600.00
SSS HDMF PHIC Total PHC payable 885.02
No. Employee Gross Salary Deductions Net Pay
EE ER EE ER EE ER cash 55,726.21
1 General Manager 12,899.25 472.30 967.70 100.00 100.00 177.36 177.36 749.66 12,149.59
2 Operations and Marketing Manager 11,466.00 417.80 857.20 100.00 100.00 157.66 157.66 675.46 10,790.54 SSS payable 2,125.30 Mandatory contrib 70,256.64
3 Cashier 8,742.82 308.80 636.20 100.00 100.00 137.50 137.50 546.30 8,196.52 HDMF payable 600.00
5 Frontdesk 8,742.82 308.80 636.20 100.00 100.00 137.50 137.50 546.30 8,196.52 PHC payable 885.02
6 Tour Guide / Photographer 8,742.82 308.80 636.20 100.00 100.00 137.50 137.50 546.30 8,196.52 SSS expense 4,369.70
7 Tour Guide / Photographer 8,742.82 308.80 636.20 100.00 100.00 137.50 137.50 546.30 8,196.52 HDMF expense 600.00
PHC expense 885.02
TOTAL 59,336.53 2,125.30 4,369.70 600.00 600.00 885.02 885.02 3,610.32 55,726.21 Cash 9,465.04

Assumption: There is 5% increase of salaries for every employee each year.

 Annual Sales

Year 1
Services Offered

Travel and Tours Customers w/o Insuran Price per Customer Total Sales
Package A (Butuan- Surigao)-1 Day 169 899.00 151,931.00
Package B (Butuan-Surigao)-2 Days 201 1,999.00 401,799.00
Package C (Butuan-Surigao)-3 Days 602 3,499.00 2,106,398.00
Total Annual Sales 2,660,128.00

Year 2
Services Offered

Travel and Tours Customers W/o InsuranPrice per Customer Total sales
Package A (Butuan- Surigao)-1 Day 176 949.00 167,024.00
Package B (Butuan-Surigao) -2 Days 208 2,099.00 436,592.00
Package C (Butuan-Surigao)-3 Days 624 3,599.00 2,245,776.00
Total Annual Sales 2,849,392.00

Year 3
Services Offered

Travel and Tours Customers w/o Insuran Price per Customer Total sales
Package A (Butuan- Surigao)-1 Day 182 999.00 181,818.00
Package B (Butuan-Surigao) -2 Days 216 2,199.00 474,984.00
Package C (Butuan-Surigao)-3 Days 647 3,699.00 2,393,253.00
Total Annual Sales 3,050,055.00
 Year 1 Year 2
Sales 2,660,128.00 100% 2,849,392.00 100%
Variable Costs 1,517,100.00 57% 1,574,850.00 55.27%
Contribution Margin 1,143,028.00 43% 1,274,542.00 45%
Fixed costs 967,876.46 36% 996,993.50 34.99%
Net income 175,151.54 7% 277,548.50 9.74%

BE Sales 2,252,504.11 2,228,898.93

 Year 3
3,050,055.00 100.00%
1,644,450.00 53.92%
1,405,605.00 46.08%
1,031,690.65 33.83%
373,914.35 12.26%

2,238,689.55
 DREAMY DESTINATION
INSURANCE COMPUTATIONS

Year 1
INSURANCE
No. of CustoRate per He Total
Package A (Butuan- Surigao)-1 Day 65 250 16,250.00
Package B (Butuan-Surigao)-2 Days 78 250 19,500.00
Package C (Butuan-Surigao)-3 Days 233 250 58,250.00
94,000.00

Year 2
INSURANCE
No. of CustoRate per He Total
Package A (Butuan- Surigao)-1 Day 68 250 17,000.00
Package B (Butuan-Surigao)-2 Days 80 250 20,000.00
Package C (Butuan-Surigao)-3 Days 242 250 60,500.00
97,500.00

Year 3
INSURANCE
No. of CustoRate per He Total
Package A (Butuan- Surigao)-1 Day 71 250 17,750.00
Package B (Butuan-Surigao)-2 Days 83 250 20,750.00
Package C (Butuan-Surigao)-3 Days 250 250 62,500.00
101,000.00
1 There is 5% increase of salaries for every employee each year.
2 There is an increase of 3% of the utilities in year 2 and in year 3.
3 There is an increase of P100 on
4 4% yearly increase on consumption of office supplies