NM PACKAGING (VN) COMPANY LIMITED

FORECAST- FACTORY OVERHEAD COSTS (USD) 9 mths actual

3 mths budget
Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Total 2020 USD
% increase
Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 2021 12 months increase

1 FO SALARY 27,700 27,000 27,800 27,800 27,800 27,800 27,800 27,800 27,800 27,800 27,800 27,800 332,700 318,281 4.5% 14,419
2 FO EXPAT SALARY - - - - - - - - - - - - - - -
3 FO OVERTIME 3,750 2,500 3,800 3,800 2,900 2,900 3,200 3,700 3,800 3,900 3,800 3,900 41,950 41,997 -0.1% (47)
4 FO BONUS 2,308 2,250 2,317 2,317 2,317 2,317 2,317 2,317 2,317 2,317 2,317 2,317 27,725 27,617 0.4% 108
5 FO EXPAT BONUS - - - - - - - - - - - - - - -
6 FO ALLOWANCE 1,300 1,200 1,400 1,400 1,400 1,400 1,500 1,500 1,400 1,500 1,500 1,500 17,000 16,992 0.0% 8
7 FO EXPAT ALLOWANCE - - - - - - - - - - - - - - -
8 FO MEAL ALLOWANCE 1,800 1,600 1,900 1,900 1,850 1,850 1,850 1,850 1,850 1,900 1,900 1,900 22,150 22,101 0.2% 49
9 FO SHIFT ALLOWANCE 1,400 1,000 1,400 1,400 1,350 1,330 1,350 1,400 1,350 1,450 1,450 1,500 16,380 16,365 0.1% 15
10 FO EMPLOYEE INCENTIVE 900 850 900 900 900 900 900 900 890 910 910 910 10,770 10,764 0.1% 6
11 FO UNEMPLOYMENT INSURANCE 1% 277 270 278 278 278 278 278 278 278 278 278 278 3,327 3,165 5.1% 162
12 FO SOCIAL INSURANCE 17.5% 4,848 4,725 4,865 4,865 4,865 4,865 4,865 4,865 4,865 4,865 4,865 4,865 58,223 54,849 6.2% 3,373
13 FO HEALTH INSURANCE 3% 831 810 834 834 834 834 834 834 834 834 834 834 9,981 9,468 5.4% 513
14 FO EMPLOYEE ACCIDENT INSURANCE 99 99 99 99 99 99 99 99 99 99 99 99 1,188 1,157 2.7% 31
15 FO TRADE UNION ALLOWANCE 2% 554 540 556 556 556 556 556 556 556 556 556 556 6,654 6,267 6.2% 387
16 FO DIESEL BOILER B1, B2 - - - - - - - - - - - - - - -
17 FO CONSUMABLE /AUXILIARY MATS 400 250 535 450 450 450 500 500 500 500 500 510 5,545 5,715 -3.0% (170)
18 FO DIESEL BOILER - - - - - - - - - - - - - - -
19 FO DIESEL MOTOR VEHICLE (F1 & F2) 700 700 700 700 700 700 700 700 700 700 700 700 8,400 8,319 1.0% 81
20 FO ELECTRICITY 41,900 39,000 41,500 42,500 42,500 42,500 43,500 43,500 43,400 43,700 43,700 43,800 511,500 511,447 0.0% 53
21 FO SMALL TOOLS/ EQUIPMENTS (OE) 50 50 50 50 50 50 50 50 50 50 50 50 600 620 -3.2% (20)
22 FO SMALL TOOLS/ EQUIPMENTS (FF) - - - - - - - - - - - - - - -
23 FO FIRE FIGHTING EQUIPMENTS EXP 100 - 100 100 - - 50 100 105 250 100 150 1,055 994 6.1% 61
24 FO SMALL TOOLS/ EQUIPMENTS (OTHER) 255 255 255 255 255 255 255 255 255 255 255 255 3,060 3,316 -7.7% (256)
25 FO UNIFORM 576 576 576 576 576 576 576 576 576 576 576 576 6,912 6,737 2.6% 175
26 FO DEPRECIATION- BUILDING 3,549 3,549 3,549 3,549 3,549 3,549 3,549 3,549 3,549 3,549 3,549 3,549 42,588 42,395 0.5% 193
27 FO DEPRECIATION- MACHINERY 42,138 42,138 42,138 42,138 42,138 42,138 42,138 42,138 42,138 42,138 42,138 42,138 505,656 501,655 0.8% 4,001
28 FO DEPN:MOTOR VEHICLES 351 351 351 351 351 351 351 351 351 351 351 351 4,212 4,211 0.0% 1
29 FO USAGE CYL 24,500 18,500 24,000 23,900 24,100 24,000 24,500 24,000 24,500 24,000 24,400 24,400 284,800 284,714 0.0% 86
30 FO CYLINDER CHARGE - - - - - - - - - - - - - - -
31 FO ANNUAL LAND RENTAL - - - - - - - - - - - - - -
32 FO CONSULTATION / LICENCE FEE - - 450 90 - - 400 400 - - 400 400 2,140 2,200 -2.7% (60)
33 FO LAND RENTAL 174 174 174 174 174 174 174 174 174 174 174 174 2,088 1,693 23.3% 395
34 FO EMPLOYEE TRANING EXPENSES - - - - - - - - - - - - - - -
35 FO EQUIPMENT RENTAL 200 - - - - - - - - - - - 200 172 16.2% 28
36 FO AMORTISE LEASEHOLD LAND 764 764 764 764 764 764 764 764 764 764 764 764 9,168 9,166 0.0% 2
37 FO INLAND TRANSIT INSURANCE 90 90 90 90 90 90 90 90 90 90 90 90 1,080 294 267.3% 786
38 FO ADVERTISING EXPENSE - - - - - - - - - - - - - - -
39 FO TRAVELLING EXPENSES - - - - 150 - 150 - - - 150 - 450 100 350.0% 350
40 FO TRANSPORT CHARGES - - 200 - - - 300 - 200 - 200 - 900 2,058 -56.3% (1,158)
41 FO ENTERTAINMENT- GIFT - - - - - - - - - - - - - - -
42 FO MEDICAL EXPENSES 241 241 241 241 241 241 241 241 241 241 241 241 2,892 2,742 5.5% 150
43 FO WATER - - - - - - - - - - - - - - -
44 FO HOTEL EXPENSES - - - - - - - - - - - - - - -
45 FO TELEPHONE FAX 36 36 36 36 36 36 36 36 36 36 36 36 432 449 -3.7% (17)
46 FO POSTAGE & COURIER - - - - - - - - - - - - - 74 -100.0% (74)
47 FO WASTE TREATMENT EXPENSES 700 600 690 690 710 700 710 710 690 710 710 710 8,330 8,251 1.0% 79
48 FO SUNRY EXPENSES 15 14 15 15 14 14 15 15 14 15 15 15 176 174 1.0% 2
49 FO ENVIRONMENT TAX - - - - - - - - - - - - - - -
50 FO REP/MAINT BUILDING 1,980 1,900 1,980 1,980 1,980 1,980 1,980 1,980 1,980 1,980 1,980 1,980 23,680 23,676 0.0% 4
51 FO REP/MAINT:P1 NAKAJIMA GE 500 400 644 500 450 450 600 700 600 600 600 600 6,644 6,568 1.2% 76
52 FO REP/MAINT:P2 NAKAJIMA NAD10 50 50 150 150 150 150 250 250 200 200 150 200 1,950 1,979 -1.5% (29)
53 FO REP/MAINT:P3 YUNCHENG 650 500 690 690 600 610 710 710 690 740 740 740 8,070 8,062 0.1% 8
54 FO REP/MAINT : P4 ROTOGRAVURE 500 250 450 500 300 700 350 300 400 320 500 450 5,020 5,014 0.1% 6
55 FO REP/MAINT : P5 RCCL HTYJZD09 320 200 560 450 560 760 650 450 320 350 650 540 5,810 5,619 3.4% 191
56 FO REP/MAINT:E1 TANABE 550 250 615 650 655 1,200 530 650 680 420 620 650 7,470 7,471 0.0% (1)
57 FO REP/MAINT:E2 TANABE 650 340 605 1,100 400 645 450 400 450 550 550 650 6,790 6,772 0.3% 18
58 FO REP/MAINT:E3 750 450 700 850 950 950 700 750 600 650 650 600 8,600 8,568 0.4% 32
 Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Total 2020 USD
% increase
Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 2021 12 months increase
59 FO REP/MAINT:DL2 YUNCHENG 30 20 50 50 30 30 35 50 30 50 50 50 475 353 34.4% 122
60 FO REP/MAINT: SOLVENT FREE M/C 850 490 700 750 650 460 650 300 450 350 350 560 6,560 7,344 -10.7% (784)
61 FO REP/MAINT: SOLVENT FREE M/C new 250 200 350 150 150 150 250 250 250 250 350 350 2,950 2,404 22.7% 546
62 FO REP/MAINT:CK3 30 25 120 30 20 20 20 35 35 35 20 25 415 937 -55.7% (522)
63 FO REP/MAINT:CK5 30 - 10 15 10 - 15 20 5 15 5 10 135 328 -58.8% (193)
64 FO REP/MAINT:S1 TOSHIN SLITTER 50 40 30 100 40 40 51 40 40 50 40 50 571 550 3.8% 21
65 FO REP/MAINT:S2 TOSHIN SLITTER 40 40 50 50 50 - 40 50 150 50 50 50 620 621 -0.1% (1)
66 FO REP/MAINT:S3 TOSHIN SLITTER 150 50 100 100 90 90 130 120 80 110 110 110 1,240 1,231 0.8% 9
67 FO REP/MAINT:S4 CHANGLE 50 50 40 100 63 40 50 50 50 80 80 70 723 700 3.3% 23
68 FO REP/MAINT:S5 CHANGLE 150 10 50 40 30 40 35 40 40 50 50 60 595 561 6.1% 34
69 FO REP/MAINT:S6 HS-1300A 70 20 70 70 70 70 70 70 65 70 70 70 785 780 0.6% 5
70 FO REP/MAINT:S7 40 15 30 25 20 15 30 30 25 50 70 60 410 338 21.4% 72
71 FO REP/MAINT:Ck1 CHECKING M/C 15 10 30 25 25 25 50 40 46 45 30 90 431 430 0.3% 1
72 FO REP/MAINT:CK2 CHANGLE 50 25 15 30 10 5 20 20 10 10 100 10 305 304 0.4% 1
73 FO REP/MAINT:BM1 TOTANI FA350E 30 25 40 30 38 30 40 50 40 50 50 50 473 468 1.2% 5
74 FO REP/MAINT:BM2 DAHBAH ACS400 15 5 20 25 10 20 20 20 25 10 30 40 240 230 4.5% 10
75 FO REP/MAINT:BM3 DAHBAH ASS600 20 15 40 40 30 30 40 30 40 40 50 50 425 410 3.8% 15
76 FO REP/MAINT:BM4 DAHBAH 20 5 15 - - 10 20 - 30 20 15 15 150 149 0.7% 1
77 FO REP/MAINT:BM5 WSD-600B 50 10 5 40 38 20 60 30 17 15 50 19 354 286 23.8% 68
78 FO REP/MAINT CHILLER (CL3) - - - - - - 20 - - 15 - - 35 15 133.3% 20
79 FO REP/MAINT:CK4 25 20 35 35 20 - 25 - 5 25 - 10 200 273 -26.6% (73)
80 FO REP/MAINT : BM7 20 10 15 25 25 10 30 30 25 30 35 30 285 227 25.4% 58
81 FO REP/MAINT CHILLER (CL4) - NEW 100 - - 100 50 - 50 - 100 - 100 100 600 524 14.6% 76
82 FO REP/MAINT:R1 DAHBAH FG REW 10 - 15 5 5 20 12 12 15 10 - 10 114 116 -1.8% (2)
83 FO REP/MAINT:R2 30 10 15 15 - 15 10 10 - - - 8 113 110 2.7% 3
84 FO REP/MAINT:R3 15 25 - 20 - 50 15 - 35 10 15 15 200 146 36.9% 54
85 FO REP/MAINT:R4 15 5 10 10 15 - - 15 10 35 15 20 150 - 150
86 FO REP/MAINT:R5 - - 10 10 5 5 - 10 5 9 10 9 73 - 73
87 FO REP/MAINT: BM8 15 20 25 20 20 20 20 25 35 35 35 40 310 - 310
88 FO REP/MAINT: BM6 25 15 10 25 25 25 30 35 25 20 25 25 285 178 60.0% 107
89 FO REP/MAINT:AC5 AIR COMPRES - - - - - - - - - - - - - 1,348 -100.0% (1,348)
90 FO REP/MAINT:AC6 FUSHENG SA-75 100 - 100 - - 160 - 100 150 120 250 100 1,080 1,080 0.0% (0)
91 FO REP/MAINT:AC7 FUSHENG SA-120 100 30 50 195 50 80 200 200 80 200 250 - 1,435 1,435 0.0% (0)
92 FO REP/MAINT:AC8 FUSHENG SA-90 60 - - 150 - - 71 200 - - - 150 631 - 631
93 FO REP/MAINT:F1 TOYOTA F/LIFT 89 89 89 89 89 89 89 89 89 89 89 89 1,068 1,038 2.9% 30
94 FO REP/MAINT:F3 TOYOTA F/LIFT 70 70 70 70 70 70 70 70 70 70 70 70 840 896 -6.3% (56)
95 FO REP/MAINT:F4 TOYOTA F/LIFT - - - - - - 25 25 25 25 25 25 150 - 150
96 FO REP/MAINT HELI F/LIFT 60 60 60 60 60 60 60 60 60 60 60 60 720 705 2.1% 15
97 FO REP/MAINT:PRINTING CYLINDER 1,020 900 1,050 1,000 1,030 1,000 1,050 1,030 1,050 1,050 1,050 1,050 12,280 12,233 0.4% 47
98 FO REP/MAINT:LAB EQUIPMENTS - - - - - - - - - - - - - - -
99 FO REP/MAINT:OTHER EQUIPMENT 500 500 510 520 500 550 600 600 550 550 600 600 6,580 6,577 0.0% 3

172,650 157,281 172,786 173,707 171,380 172,411 174,821 174,194 174,049 174,021 176,047 175,928 2,069,272 2,045,571 1.2% 23,701

Payment Schedule :
Payment within month 92,167 83,021 92,771 93,792 91,265 92,396 94,306 94,179 93,534 94,006 95,632 95,513 1,112,582
Payment following month 6,609 6,444 6,632 6,632 6,632 6,632 6,632 6,632 6,632 6,632 6,632 6,632 79,373
Provision Sum 2,482 2,424 2,491 2,491 2,491 2,491 2,491 2,491 2,491 2,491 2,491 2,491 29,813
Depreciation 70,538 64,538 70,038 69,938 70,138 70,038 70,538 70,038 70,538 70,038 70,438 70,438 837,256
Amortise Leasehold Land 764 764 764 764 764 764 764 764 764 764 764 764 9,168
Prepayment 90 90 90 90 90 90 90 90 90 90 90 90 1,080
172,650 157,281 172,786 173,707 171,380 172,411 174,821 174,194 174,049 174,021 176,047 175,928 2,069,272
- - - - - - - - - - - -
Assumptions :
1) Local factory salary is paid twice ie. 15th day of the month for the 1st half and last day of the month for the 2nd half.
2) Compulsory contributions (local exployees) to the local author are : - Social - Health insurance at 21% on basic salary;
3) One month annual bonus is provided for who served more than one year working.