MANACC100

BUSINESS PLAN:
3WILS’ UBE TURON

Submitted by: ESCUETA, WILJOYCE M. A3B

Submitted to: PROF. DEVOTA NORMITA M. COMIA

TYPE OF BUSINESS: UBE TURON MANUFACTURING

NAME OF OWNER: WILJOYCE ESCUETA

ADDRESS: 346 PUROK 1, BRGY. SAN VICENTE, BIÑAN CITY, LAGUNA (Schedule 9)

TEL/CELL NO. : 09225591421

PROJECT DESCRIPTION

This business will be named 3WILS’ UBE TURON; it will offer the product Ube Turon.
We will make use of fresh sustainable produce from the market. The business will be located in
the residence of the owner which is located in Brgy. San Vicente, Biñan City, Laguna. Our
stores operating hours will be from 10 am till 5pm daily. This business will be managed by
WILJOYCE ESCUETA.

PRODUCT DESCRIPTION

Turon has been a part of Filipinos’ afternoons for a very long time. This is why the
product that I would like to offer is a twist to the Filipino classic. We’ve all had this delicacy with
the traditional ingredients which is jackfruit. So I would like to try combining another must have
dessert during fiestas which is the halayang ube. My product would be a classic turon which is
composed of a “saba” banana that is rubbed with sugar combined with jackfruit wrapped in a
spring roll wrapper with ube halaya inside of it, this will be pan fried till it is golden brown and till
you could see the caramelization of the sugar from inside of it.

MARKET STRATEGIES

1. The target market will be male and female with ages ranging from 12 and up. Targeted
would be those who are eager to satisfy their hunger with a quick and unique snack. We
are also going to market to different housewives who are trying to find a level up from
the usual “meryenda” they give to their children.
2. Our product will be made fresh daily. Each piece will be packed in a transparent plastic
bag.
3. Our product will be priced at 18 pesos each piece seeing that our turon is far from the
average turon.
4. Potential customers would be the residents living in the neighborhood I currently reside
in.
 5. To be sold in the cafeteria of University of Perpetual Help System-Laguna

List of Equipments/Tools

Tool Quantity Unit Cost Description Amount

2.7 kg Superkalan
burner and tank
Superkalan
1 P1300 with contents, P1300
Set
outlet valve size
m16 x 1.5
Aluminum Tong
Tong 1 P12 P12
bread clipper
Aluminum 28 cm
Circle Strainer
Strainer 1 P220 P220
with red plastic
handles.
14.5 inch
Frying Pan 1 P299 aluminum frying P299
pan
.2x45x35cm metal
Metal Tray 1 P99 P99
tray
10” rainbow
Plate 3 P19 colored square P57
plastic plate
Total P1987

Initial Supplies (span of 1-3 days)

Ingredient/Supply Quantity Unit Cost Description Amount

P1.50 per
Banana 100 Saba Banana P150
piece
Spring Roll Wrapper 20 P5 per tanda Round shaped P100
¼ Kg Ripe
Jackfruit 1 P80 P80
jackfruit
 shredded into
bite size pieces
Oval shaped in
Ube Halaya 5 P50 per piece P250
a llanera
I Kg Camelot
Sugar 1 P50 Washed Cane P50
Suga
1L Baguio
Cooking oil 1 P90 P90
Canola oil
2.7 kg for
LPG Gas 1 P180 Superkalan P180
tank refill
Clear small size
Plastic Bag 2 P10 P20
plastic bag
Total P920

FINANCIAL PROJECTIONS

3WILS’ UBE TURON

BUDGETED INCOME STATEMENT
For the Budget Month Ended October 31, 2016

Sales (Sched 1) P18000.00

Cost of Goods Sold(Sched 7) (12716.00)
Gross Profit 5284.00
Operating Expenses(Sched 8) (1677.20)
Net Income P3606.80
BREAK EVEN ANALYSIS

3WILS’ UBE TURON

BUDGETED INCOME STATEMENT
For the Month Ended October 31, 2016
Variable Costing

Sales P18000.00
Variable Costs (12230.00)
Contribution Margin 5770.00
Fixed Cost (2163.20)
Net Income P3606.80

Variable Costs/unit=P12.23 (9.41(Cost Card)+1.5(Sched 5)+0.20(Sched 6)+1.12(Sched 5))

Total Fixed Cost = P2163.2(1606(Sched. 6)+557.2(Sched 8))
CM/unit=P5.77(5770/1000)

Breakeven Point (units) 2163.2/5.77=375 units

Breakeven Point (sales) 375 x 18 = P6750.00

FINANCIAL STATEMENT ANALYSIS

Gross Profit Ratio

Gross Profit= 5284

Sales= 18000

5284/18000 x 100= 29.35%

Net Profit Ratio

Net Profit = 3606.8

Sales= 18000
3606.8/18000 x 100= 20.04%

Return on Investment

Net Income= 3606.8

Investment=2907(1987+920)
3606.8/2907 x 100= 124.07%

This means that at the end of the first month of operations we have a return on
investment that is 124.07%, which shows that we have already acquired back the investments
that were made during the start of our operations.

Payback Period

Net Income= 3606.8

Investment=2907(1987+920)
2907/3606.8= 0.8 of a month
The firm expects to get the payback of the assets that have been invested to the
business within a span of 24 days or 0.8 of a month.
ASSUMPTIONS

(1) Equipment and Tools Policy

The depreciation that our enterprise will be using is the Straight line method of
depreciation.

The table below shows the useful life of the following Equipment and tools.

Depreciation
Useful
Tool Cost Expense for the
Life(Months)
Month
Superkalan
96 P1300 P13.5
Set
Tong 36 P12 0.30
Strainer 60 P220 3.7
Frying Pan 96 P299 3.10
Metal Tray 60 P99 1.65
Plate 60 P57 0.95
Total P23.20

(2) Conversions

1 tablespoon of Jackfruit= 14.18 grams

1 tablespoon of Ube Halaya = 14.18 grams

1 tablespoon of Sugar= 12.50 grams

 (3) Cost Card

COST CARD
(1 Piece of Ube Turon: Net Wt. 75 grams; Length 6.5”; Width 1.5”)
Requirements Invoice Requirements Amount
Unit Unit
Qty. Unit Description Qty. Qty.
Cost Cost
P1.50 P1.50
1 piece Banana 1 Piece per 1 piece per P1.50
piece piece
Spring Roll P5 per P5 per
1 piece 6 Pieces 1 piece P0.8
Wrapper tanda tanda
¼
1. tbsp Jackfruit P80 1 tbsp. P80 P5
Kilogram
P50
400 P50 per
1 tbsp. Ube Halaya 1 tbsp. per P1.8
Grams piece
piece
1
½ tbsp. Sugar P50 ½ tbsp. P50 P0.31
Kilogram
Total Material Cost per Piece P9.41

Materials = 9.41
Direct Labor (Sched 5) = 1.50
Manufacturing Overhead (Sched 6)= 1.81
Total Manufacturing Cost/unit=P12.72

(4) Raw Materials Inventory Policy (Sched. 4)

The firm expects that to have a desired ending raw materials inventory equivalent to
5% of the firms units to be sold.
(5) Transportation Expense(Sched. 8)
The transportation expense is an agreement that we would pay the driver for his
services on a fixed payment of P450.00 monthly.
 (6) Labor and Rent Expense(Sched. 5, 6 and 8)
Labor is divided into two, preparation and selling, thus our preparation or
production hours are four hours while selling is three hours. This will also be applied to
the payment of rent which is a total of P250.00 monthly.

SCHEDULES
3WILS’ UBE TURON
PROJECTED SALES (Schedule 1)
For the Budget Month Ended October 31, 2016

Our enterprise expects to sell a 1000 pieces of ube turon within 1 month.

Units to be sold Selling price per unit Total Sales Revenue

1000 pieces P18 P18000.00

3WILS’ UBE TURON

PRODUCTION BUDGET (Schedule 2)
For the Budget Month Ended October 31, 2016

Units to be sold 1000

Desired Ending Inventory 0
Total 1000
Beginning 0
Units to be produced 1000

3WILS’ UBE TURON

MATERIALS BUDGET (Schedule 3)
For the Budget Month Ended October 31, 2016

Units to be Produced 1000

Multiply to Price per unit P9.41
Total Direct Material Cost P9410.00
 3WILS’ UBE TURON
RAW MATERIALS PURCHASES BUDGET(Schedule 4)
For the Budget Month Ended October 31, 2016

Units to be produced 1000

Desired Ending Inventory 50
Total 1050
Beginning 0
Units to be purchased 1050
Total Material Purchases(1050 x 9.41) P9880.50

3WILS’ UBE TURON

BUDGETED LABOR COST(Schedule 5)
For the Budget Month Ended October 31, 2016

Minimum Wage/unit Units to be Produced Total Direct Labor Cost

P1.5 1000 P1500.00
Minimum Wage/unit Units to be Sold Total Sales Salary
P1.12 1000 P1120.00

275/7=P39.3/hour
Minimum Wage= 275
39.3/15=P2.62/unit
Operating Hours=7
Total Units Produced per Hour= 15 2.62 x 4/7= 1.5(Direct Labor Cost)

2.62 x 3/7=1.12(Sales Salary)

 3WILS’ UBE TURON
BUDGETED MANUFACTURING OVERHEAD COST(Schedule 6)
For the Budget Month Ended October 31, 2016

Manufacturing Overhead Costs for a Month

Fixed Manufacturing Overhead Cost Cost
LPG Gas P720.00
Cooking Oil P720.00
Depreciation P23.20
Rent(Production 250 x 4/7) P142.80
Variable Manufacturing Overhead Cost
Transparent Plastic bag(P0.20/unit x 1000) P200.00
Total Overhead Cost for the Month P1806
Total Overhead Cost per Unit(1806/1000) P1.81

3WILS’ UBE TURON

BUDGETED STATEMENT OF COST OF GOODS SOLD(Schedule 7)
For the Budget Month Ended October 31, 2016

Beg, Inventory 0
Purchases(Sched 4) 9880.50
Total Goods Available for Use 9880.50
Ending, Inventory(50 x 9.41) (470.50)
Direct Materials Used(Sched 3) 9410.00
Direct Labor Cost(Sched 5) 1500.00
Manufacturing Overhead (Sched 6) 1806.00
Total Manufacturing Cost 12716.00
Beg, Finished Goods 0
Total Goods Available for Sale 12716.00
Ending, Finished Goods 0
Cost of Goods Sold P12716.00
 3WILS’ UBE TURON
BUDGETED OPERATING EXPENSES (Schedule 8)
For the Budget Month Ended October 31, 2016

Operating Expenses For the Budget Month Ended October 31, 2016
Fixed Operating Expenses Cost
Rent(Selling 250 x 3/7) P107.2
Transportation(Tricycle Service) P450
Variable Operating Expense
Sales Salary(1.12 x 1000)(Sched 5) P1120
Total Operating Expense P1677.2

VICINITY MAP(Sched 9)