BAM 'N BOO PRE-OPERATING EXPENSES

Tools and Equipment

Sub-total
Legal Expenses

Sub-total
Total
BAM 'N BOO PRE-OPERATING EXPENSES

Tools and Equipment 725.00

SUB-TOTAL 725.00

Barangay/Mayor's Certification (Origin of Forest Product) 50.00

Authenticated copy of Land title 100.00
Police Clearance (1 person ) 150.00
Barangay Clearance (1 person) 50.00
Fire Clearance 500.00
Mayor's Permit 1,000.00
DTI Permit/Business name 500.00
2 Documentary stamp @25 50.00
SUB-TOTAL 2,400.00
TOTAL 3,125.00
 BAM N' BOO SUPPLIES

FACTORY SUPPLIES

DESCRIPTION QTY UNIT UNIT COST AMOUNT

Spring 83 dozen 9 747
Sand paper 5 pcs. 8 40
Cotton gloves 2 pcs. 35 70
Varnish 1 bottle 45 45
Eco-bag 90 pcs. 5 450
TOTAL 1,352.00

OFFICE SUPPLIES

DESCRIPTION QTY UNIT UNIT COST AMOUNT

Ballpen 2 pcs 6 12.00
Record book 1 pc 110 110.00
TOTAL 122.00
 Production Tools and Equipment

Useful Annual Monthly

Items Quantity Unit Unit Cost Total Life Dep'n Dep'n
Tape Measure 1 15.00 15.00 3 5.00 0.42
Saw 2 pcs. 130.00 260.00 3 86.67 7.22
knife 1 set 100.00 100.00 3 33.33 2.78
Bolo 1 pc 350.00 350.00 3 116.67 9.72
Total T&E 725.00 241.67 20.14
Production Tools and Equipment Production Tools and Equipment
d Equipment Production Tools and Equipment Production Tools and Equipment
Tools and Equipment Production Tools and Equipment Production Tools and Equipm
duction Tools and Equipment Production Tools and Equipment Production Tools and
Production Tools and Equipment Production Tools and Equipment Production T
Production Tools and Equipment Production Tools and Equipment
 DIRECT MATERIAL
Item Units Unit Cost Total
Bamboo(kawayang tinik) 4 pcs. 100.00 400.00

A. Direct Material Requirement Cloth Clip

Cost of raw materials 400.00
No. Units Produced 1,000.00
DM Cost Per unit 0.40

B. Direct Labor
Monthly Salary of Labor 4,000.00
Monthly Production in Unit 1,000.00
DL per unit 4.00

C. Overhead Requirement per

unit
Depreciation- T&E 400.00
Factory Supplies 1,352.00
Electricity Bill 15.00
Water Bill 50.00
Production Rent 200.00
Total 2,017.00
Total Units Produced 1,000.00
Total OH Cost Per Unit 2.02

OPEX Requirement
Advertising Expense 50.00
Transportation 50.00
Rent Expense 200.00
water expense 50.00
Electricity expense 30.00
Office Supplies 122.00
Total 502.00
Total Unit Produce 1,000.00
Total OPEX 0.50

TOTAL COST PER UNIT

Mfg. Cost per unit 6.42
OPEX per unit 0.50
Total Cost Per Unit 6.92

Selling Price Per Unit

Total Cost per unit 6.92

Add. Percentage Mark-up 53%
Selling Price Per Unit 10.59
Profit 3.67

2 yrs. projection
Sales 10,586.07 95,274.63
Cost of Good Sold 6,417.00 57,753.00
 DIRECT MATERIAL
Item Units Unit Cost Total
Bamboo(kawayang tinik) 4 pcs. 100.00 400.00

A. Direct Material Requirement Cloth Clip

Cost of raw materials 400.00
No. Units Produced 1,000.00
DM Cost Per unit 0.40

B. Direct Labor
Monthly Salary of Labor 4,000.00
Monthly Production in Unit 1,000.00
DL per unit 4.00

C. Overhead Requirement per

unit
Depreciation- T&E 20.14
Factory Supplies 1,352.00
Electricity Bill 15.00
Water Bill 50.00
Production Rent 200.00
Total 1,637.14
Total Units Produced 1,000.00
Total OH Cost Per Unit 1.64

1,617.00
Cash OH 1.62

Depreciation per unit 0.02

OPEX Requirement OPEX

Advertising Expense 50.00 Advertising Expense
Transportation 50.00 Transportation
Rent Expense 200.00 Rent Expense
water expense 50.00 water expense
Electricity expense 30.00 Electricity expense
Office Supplies 122.00 Office Supplies
Total 502.00 Total
Total Unit Produce 1,000.00
Total OPEX 0.50

TOTAL COST PER UNIT

Mfg. Cost per unit 6.04
OPEX per unit 0.50
Total Cost Per Unit 6.54

Selling Price Per Unit

Total Production Cost per unit 6.04

Add. Percentage Mark-up 66%
Selling Price Per Unit 10.00
Gross Profit per unit 3.96
OPEX per unit 0.50
Profit per unit 3.46
Cost/Mo. No. of Mos. Total
50.00 9 450.00
50.00 9 450.00
200.00 9 1,800.00
50.00 9 450.00
30.00 9 270.00
122.00 9 1,098.00
502.00 4,518.00
 Statement of Changes in Partners' Equity
For the ten months ended May 31, 2021

Rapi Belaro Florece Curiano Espinosa Total

Beginning Balance 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 50,000.00
Share in Profit 5,812.16 5,812.16 5,812.16 5,812.16 5,812.16 29,060.82
Total 15,812.16 15,812.16 15,812.16 15,812.16 15,812.16 79,060.82
-
Less: -
Withdrawals 0 0 0 0 0 -
Ending Balance 15,812.16 15,812.16 15,812.16 15,812.16 15,812.16 79,060.82
 BAM 'N BOO 9 Months Sales Forecasts

Cloth Clip
Month Units
Price
Produced Total Sales
August 1,000.00 10.00 10,000.00
September 1,024.00 10.00 10,240.00
October 1,005.00 10.00 10,050.00
November 1,000.00 10.00 10,000.00
December 1,000.00 10.00 10,000.00
January 1,000.00 10.00 10,000.00
February 1,000.00 10.00 10,000.00
March 1,000.00 10.00 10,000.00
April 1,050.00 10.00 10,500.00
Total 9,079.00 90,790.00

Cloth Clip
Month Units
Price Total Cost of Sales Sales
Produced
August 1,000.00 6.04 6,037.14
September 1,024.00 6.04 6,182.03
October 1,005.00 6.04 6,067.32
November 1,000.00 6.04 6,037.14
December 1,000.00 6.04 6,037.14
January 1,000.00 6.04 6,037.14
February 1,000.00 6.04 6,037.14
March 1,000.00 6.04 6,037.14
April 1,050.00 6.04 6,339.00
Total 9,079.00 54,811.18
Month Cloth Clip
Units Prod DM Total Cost of Materials
August 1,000.00 0.40 400.00
September 1,024.00 0.40 409.60
October 1,005.00 0.40 402.00
November 1,000.00 0.40 400.00
December 1,000.00 0.40 400.00
January 1,000.00 0.40 400.00
February 1,000.00 0.40 400.00
March 1,000.00 0.40 400.00
April 1,050.00 0.40 420.00
Total 9,079.00 3,631.60

Month Cloth Clip

Units Prod DL Total Cost of Labor
August 1,000.00 4.00 4,000.00
September 1,024.00 4.00 4,096.00
October 1,005.00 4.00 4,020.00
November 1,000.00 4.00 4,000.00
December 1,000.00 4.00 4,000.00
January 1,000.00 4.00 4,000.00
February 1,000.00 4.00 4,000.00
March 1,000.00 4.00 4,000.00
April 1,050.00 4.00 4,200.00
Total 9,079.00 36,316.00

Month Cloth Clip

Units Prod OH Total Cost of OH
August 1,000.00 1.64 1,637.14
September 1,024.00 1.64 1,676.43
October 1,005.00 1.64 1,645.32
November 1,000.00 1.64 1,637.14
December 1,000.00 1.64 1,637.14
January 1,000.00 1.64 1,637.14
February 1,000.00 1.64 1,637.14
March 1,000.00 1.64 1,637.14
April 1,050.00 1.64 1,719.00
Total 9,079.00 14,863.58
Month Cloth Clip
Units Prod OH (Cash Only) Total Cost of OH
August 1,000.00 1.62 1,617.00
September 1,024.00 1.62 1,655.81
October 1,005.00 1.62 1,625.09
November 1,000.00 1.62 1,617.00
December 1,000.00 1.62 1,617.00
January 1,000.00 1.62 1,617.00
February 1,000.00 1.62 1,617.00
March 1,000.00 1.62 1,617.00
April 1,050.00 1.62 1,697.85
Total 9,079.00 14,680.74

Month Cloth Clip

Units Prod OH (Cash Only) Depreciation
August 1,000.00 0.02 20.14
September 1,024.00 0.02 20.62
October 1,005.00 0.02 20.24
November 1,000.00 0.02 20.14
December 1,000.00 0.02 20.14
January 1,000.00 0.02 20.14
February 1,000.00 0.02 20.14
March 1,000.00 0.02 20.14
April 1,050.00 0.02 21.15
Total 9,079.00 182.84
 BAM 'N BOO
2yrs.Projected Cash Flow Statement

OPERATING ACTIVITIES
Cash Receive from Customer 90,790.00
Legal Expense 2,400.00
Payment for Raw Materials 3,631.60
Payment for Labor 36,316.00
Payment for Factory Supplies 14,680.74
Payment for Advertising Expense 450.00
Payment for Transportation 450.00
Payment for Rent Expense 1,800.00
Payment for water expense 450.00
Payment for Electricity expense 270.00
Payment for office Supplies 1,098.00
Net cash provided by (used in) operating activities 61,546.34 29,243.66
INVESTING ACTIVITIES
Acquisition of Tools and equipment 725.00 725.00
Net cash provided by (used in) Investing activities 725.00

FINANCING ACTIVITIES
Partner's contribution 50,000.00
Net cash provided by (used in) financing activities 50,000.00
Net Cash Inflow (Outflow) -
Cash Balance, Beginning 78,518.66
Cash Balance, Ending
 BAM 'N BOO
Statement of Financial Performance
(2-year Projection)

Sales 90,790.00
Less: Cost of Sales 54,811.18
Gross Profit 35,978.82

OPERATING EXPENSE
Pre-Operating-Legal Expenses 2,400.00
Advertising Expense 450.00
Transportation 450.00
Rent Expense 1,800.00
water expense 450.00
Electricity expense 270.00
Office Supplies 1,098.00
TOTAL OPEX 6,918.00
Net Income 29,060.82

TOTAL
Less Income Tax 30% 8,718.24
Net Income 20,342.57
 BAM 'N BOO
Statement of Financial Position
2-Year Projection

Current Assets
Cash 78,518.66
Office Supplies -
Non-current Assets
Tools and Equipment 725.00
Less Accumulated Depreciation-TE 182.84
Total carrying amount 542.16
Total Asset 79,060.82

LIABILITIES + PARTNERS' EQUITY

Liabilities
Income tax payable -
Total Liabilities
Partners' Equity
Rapi, Capital 15,812.16
Belaro, Capital 15,812.16
Florece, Capital 15,812.16
Curiano, Capital 15,812.16
Espinosa, Capital 15,812.16
Total Owners' Equity 79,060.82
Total Liabilities + PE 79,060.82
 Profitability Ratio in 9 months
A. Return on Investment

INTERPRETATION :

B. Return on Sales/Net Profit Margin

INTERPRETATION:

C. Return on Equity

INTERPRETATION:

D. Return on Assets

INTERPRETATION:
E. Gross Profit Margin

INTERPRETATION:

F. Operating Profit Margin

INTERPRETATION:

G. Break Even Point

INTERPRETATION:
tability Ratio in 9 months
Net Income 20,342.57
Average Investment or Assets 50,000.00
Total (ROI) 0.41

Net Income 20,342.57

Net Sales 90,790.00
Total 0.22

Net Income 20,342.57

Equity 79,060.82
Total 0.26

Net Income 20,342.57

Total Assets 79,060.82
Total 0.26
Gross Profit 35,978.82
Net Sales 90,790.00
Total 40%

Operating Income 29,060.82

Net Sales 90,790.00
Total 32%

Fixed Costs 4,518.00

GP rate/CM per unit 3.96
Total 1,140.09
 Liquidity&Solvency Ratio in 9 mont
A. Current Ratio

B. Quick -Asset Ratio

C. Account Receivable Turn over

D. Receivable days

E. Inventory Turn Over

F. Inventory Days
G. Payable Turnover

H. Payable Days

I. Debt Ratio

J. Equity Ratio
dity&Solvency Ratio in 9 months
Current Assets 78,518.66
Current liability 8,718.24
Total 9.01

Cash 78,518.66
Receivable -
Securities 50,000.00
Current Liability 8,718.24
Total 14.74

Net Credit Sales

Ave. Account Receivable
Total

365.00
A/R+O

Cost of Sales
Average Inventory

365.00
1+O
Cost of Raw Materials
Average A/P

365.00
P+O

Total Debt 8,718.24

Total Assets 78,518.66
0.11

Total Equity 79,060.82

Total Assets 78,518.66
1.01
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