Group 4

Escalante, Asher E.
Doros, Marianne
Gomez, Princess Marie S.
Ilaya, Ma. Jamaica Yarra
Lopez, Mariah Aeden V.
Penafiel, Ma. Angela Francine
Ramos, Alexandra B.
Salvador, Iana Czherisse V.

ABM 201

I. Executive Summary
 The main objective of the officials of Eco Amica is
to gain profit and to give the 5% of every purchase of
their product to the environmental organization because of the
advocacy of their company. Eco Amica naturally aims for reducing the plastic
used in the environment and the purpose of their is to recycle every plastic in the
surroundings and satisfy the target market with their beautiful and creative
design. The Eco Amica offers the most unique bags, wallets, and pouch.
The Eco Amica all started when the owners watched the disturbing videos
about the aquatic animals especially the sea turtles that is why they come up with
an idea of having a business in which they are gaining profit and at the same time
helping in preserving the endangered species. As Ms. Salvador and Ms. Lopez
conceptualized their business, they have decided to use plastic straws and have
a direct contact with the suppliers who supplies plastic straws in Angono market.
They chose suppliers that can basically sustain the needs of Eco Amica and also
the supplier who is nearest to the location of Eco Amica’s business shop.
The Eco Amica seems to grow so fast that is why Ms. Salvador and Ms.
Lopez decided to get their staff who will organize their business and who will help
them in terms of managing, controlling, leading, and keeping the business well
and organized.
The owners of Eco Amica also came upon strategies that will make their
business unique in the industry. They make sure that these strategies do not
have negative effect on the company as well as they are appropriate for their
target market. The price was also carefully studied by the owners and with the
help of their person under the finance department because this aspect gives the
product an identity to the customers. They budget their capital carefully so they
make sure that the company does not incur lost. Another important factor that
needs consideration of the entrepreneurs is the distribution strategy. How will the
product reach the consumer? In this aspect there are also lots of expenses that
needs to be deliberated.
 Lastly, Ms. Salvador and Ms. Lopez cooperated
with each other on how they will communicate to the
public about the values that the product possesses. They thought of
ways on how to captivate the publlic with their unique product.

HISTORY
On November 2014, there was a video that went viral on the Internet and in
over six million views, it made an impact to the world. That videos was all about
the sea turtle or also known as "Pawikan" in Tagalog. Two scientists found a sea
turtle with stream of blood draining from its nostril because of the 4 - inch plastic
straw that was stuck in his nasal cavity.

This disturbing video was circulating all over the internet and made an impact
to the world where there were millions of people gather and made a community
wherein they protested for the safety of the Marine animal or in general "Animals
" from plastics especially the straws.

On December 6, 2014, Ms. Mariah Aeden Lopez and Ms. Iana Czherisse
Salvador started a business called Eco Amica, which comes from a Latin word
Eco meaning "Ecosystem or environment" and Amica means "friend". The two
owners were extremely devastated when they watched the disturbing video
because they were both have a big heart for Animals, especially those Animals
who needed help. So after watching the video, they decided to come up with an
idea on what kind of business they want to address and execute in the market
society. The Owners came up with the idea that they should make Bags,
Pouches, and wallets that are made up of recycled plastic straw.
Their products aims to promote the environment to recycle all plastics and plastic
straws and turn it to a new set of products. Their business is established at Doña
Aurora Poblacion Itaas Angono, Rizal wherin their target market is Teenager and
Adult.
 II. MARKET SITUATION

STEEPLED ANALYSIS

There are several possible factors that could affect the well-being of the

economy. These factors can have a positive and negative effects on the

business, that is why it is important for the company to evaluate these problems

or factors to prepare for the possible solutions or contingency plan when these

factors occur. Such factors are as follows:

1. Socio - Cultural Factors

Nowadays, people are tended to cope up with trends of today’s society.

With that, most of this country’s culture and tradition have been erased. Only

few of this culture and tradition are still remembered and still practiced today,

but it is subtle and often ignored. Our business should have at least cope up

with this factor. In that way, we will be able to make these culture and

traditions be remembered by other people.

2. Technological Factors

It is very evident that people nowadays are getting engage with

technology, almost every household chores has an equivalent gadgets that

could make the work more convenient to do, more efficient, more effective,

and more swift to finish. Business industry is not an exception. They also use

technology as a mode of marketing their products, communicating to other

investors. Machineries and robots are also being used by the business to
 Produce more products within an hour rather

than hiring factory workers that take too much time before

producing huge amount of products. Companies can use this factor as an

advantage because with the help of technology, it can be utilized as a means

of communicating and delivering goods to the public. But it can also harm

them if they will depend the sake of their company on the technology and it

can be a major risk for them.

3. Economic Factors

Economic should never be forgotten when making a business, thus the

business will be a reason for the economic growth or not. The goal of an

entreprenuer is mainly to gain profit for the business, help other people to

have a job and lastly, to help the economy of the country where they belong

by paying their taxes. The status of the Philippine economy today is known to

be industrialized. This is due to different business that are established at

being established by the entrepreneurs and with this, our economy seems to

be in progress.

4. Environmental/Ecological Factors

Every business should consider environmental factors. The environment

is very unpredictable and continuously changing. In just span of a week, the

weather could change from balmy and sunny summer to a freezing cold

weather. These factors could affect the business’ supplies of raw materials.

The main raw material that the business is using are the plastic straws. We
 all know that plastic straws could possibly harm the

environment because of how

the people segregate this kind of materials properly. That’s why this

business has been established. To lessen the harmful effects of these

materials in our Mother Nature. The business uses this material so that we

can be an example for others that these plastic straws could be used in a

positive way rather than segregating this improperly and then it could be the

reason for ruining the beauty of our environment.

5. Political Factors

Laws and regulations that are being implemented by the government has

a huge impact for a business. These laws and regulations should be followed

by the business to produce satisfactory at the same time legal products to the

customers. The government is also in-charge in implementing taxes that the

business are obliged to pay on a specific period of time.

6. Legal Factors

Legal factors should always be considered in coming up with a business.

Laws and regulations should be obeyed by the entrepreneur. Memorandum,

constitutions, order, or even the simple rules should be abided so that the

company will be validated as a producer of legal products or services. One of

the laws that the business should obey is the Consumer Act of the

Philippines. This law has been implemented to protect the customers.

 7. Ethical Factors

Ethical factors are all about the morality of a business. In coming up with

a business, entrepreneur must attain good moral characteristics in order to

build a good relationship and trust with their future customers or future

investors. A good relationship with them should always be considered in

order for your business to run successfully.

8.Demographic Factors

Demographic factors must also be considered. Here, many questions are

being formulated. Does the people nearby the location likes your product?

Does the individual income of your target market can meet the assigned price

of your product? Does the population near your location could meet your

target market? And many questions as the business goes along.

II. Business Details

Eco Amica consists of accessories that are environmental friendly. The

business has an advocacy of taking care and helping our environment in today’s
life. The entrepreneurs are encouraged to have our product since nowadays,
people in our community do not know how to handle and take care of our nature.
Eco Amica products are made from plastic straws. The plastic straws will be
helpful for us in preventing the cause of much dirt and trash in our environment. It
will also help our animals especially the aquatic ones to become safer.
LOGO

 The turtle represents the turtle

itself and other aquatic animals that
are being harm because of the
plastics, especially plastic straws
that are thrown in the ocean.
 The green figure under the turtle
represents the love for the
environment since it was drawn like
a heart.
 The leaves between those hands
represent the plastic straws that we
will use as a primary material for the
product.

 ECO AMICA is composed of two words. ECO which means ecosystem or

environment and AMICA which means friendly
 “Don't throw your future away” means we should start segregating properly
and we should start to take good care of our environment.
Benefits
The product is much stronger and prettier compared to other wallets and
bags as the entrepreneurs have a strong base and they make sure for that.
The bags will be made of eco-friendly material so, beside of helping our
environment, some percentage of our business profit will be given to a
specific environmental organization.

Location
The owner of Eco Amica bags and wallets business decided to locate
their business at the Art Capital of the Philippines, Angono Rizal. The
business is established specifically at Doña Aurora Poblacion Itaas, Angono
Rizal where the target market is located, which is the residents in Angono
Rizal. The said location is located near St. Clement Parish church.

Ownership
Eco Amica is a Partnership. It is founded by Ms. Iana Czherisse V.
Salvador and with the big help and suggestions of Ms. Mariah Aeden V.
Lopez, they come up with the idea of creating a business that will be using
environmental-friendly materials. They have had thought of the issues about
the nature in today’s time. They focused on the issue about the sea turtles or
the aquatic animals in general. They have decided to use plastic straws than
other possible materials because they think that it will be much helpful to
lessen the wastes especially with our bodies of water.

Objectives
• To help environment
• Target markets that will provide us with the greatest market penetration
• Provide high quality product in affordable price
 • To meet specific client needs
• Increase profitability
• To become known as the premiere wallet and bags
service.
• Design and implement strict financial controls to help ensure success.

Mission
To provide customized and quality products to all customers and cater to
their needs and expectations by working hard.

Vision
We competitively provide quality-fashionable wallets and bags at
affordable prices for teenagers and young adult while growing from a small
start-up business to a most popular service.

Unique Selling Proposition

Eco Amica are accessories that are made from plastic straws which are
considered as eco-friendly.
Some percentage of our profit will be given to a certain or specific
environmental organization to help to ensure that our environment will grow more
with a better character.
The product is recyclable. The customers can return the Eco Amica wallets
and bags to us when they already do not want to use it and they will have a
reward like coupons or 5% refund of their cash.

Value Proposition
“Don’t throw your future away.”

III. Sales and Marketing Strategy

Target Market
 The business aims to make the teenagers and adults
as their target market. The said target markets are the
one who is picked by the entrepreneurs because they are the one
who already have the thinking of helping and ensuring the beauty of nature. They
are also the one who is always in use of wallets and bags.

MARKETING MIX

PRODUCT
The products of Eco Amica are bags and
wallets where in it is not the traditional and not
very common accessories you will see in the
market because of its materials and creativity.
The products are made up of plastic straws. The
purpose of the product is to promote and protect
our environment by using plastic straws and turn
it to a new set of products.

PRICE
-The owners of Eco Amica decided to used
Cost based pricing. This pricing strategy is very
common and mostly used by the entrepreneurs.
In this pricing strategy they determine the price of
their product by adding a profit in addition to the
cost of making a product. And at this case the
entrepreneur can have assurance that they will
earn a profit and will not occur bankruptcy or
loss.

-Another pricing strategy that the Owners

used was Penetration Pricing. Penetration
Pricing is effective in the marketplace and used
 to quickly hook customers by setting
the price of the product into lower
price and rapidly increase the price
of the product. The customer will buy the product
because of the lower price. It aims to encourage
customers to switch to the new product.

PLACE
The owner of Eco Amica decided to establish
their business at the Angono, Rizal (The Art
Capital of the Philippines) Doña Aurora
Poblacion Itaas near St. Clement Parish church
where in the target market is the local residents
of Angono. Angono is also known for its creativity
through music and arts. So, the owner decided to
think a unique set of products that will touch the
heart of the residents in Angono and nearby
areas.
PROMOTION
Social media – In promotion, Eco Amica uses
Social Media such as Facebook, Instagram, and
Twitter to introduce their products to the
customers and promote it because we all know
that most of the people these days use social
media as their primary source of any information.

Fliers – it has all the information about the

products, and it is very convenient because not
all of the people use social media. Fliers can be
seen in public especially those places who have
many people.

Tarpaulin- Tarpaulin is very useful in any

situation because it is multipurpose.
 This will be given to Sari-sari store,
Home, and tricycles. Through that
possible customer will have an idea that they can
buy a new set of products that is useful and
helpful to our environment.

PROCESS
Supplier – Eco Amica – Costumer
A.) Eco Amica chooses stores who sells
plastic straws (with no particular name of
the company) as their main supplier.
B.) Eco Amica will collect the used materials
and process the materials into a new set
of products.
C.) The Customer will be the one who will buy
the products.

PEOPLE
Internal
Owners -Iana Czherisse Salvador and Aeden
Lopez
Sales and Marketing – Ella Peñafiel
Production -Asher Escalante
Administration-Alexandra Ramos
Finance- Princess Gomez

External
Cashier – the will be the one who will collect the
money of the business.
Staff- they are the one who produce the products
and provide it to the customers.

Target Market
 -Teenagers
-Adults
-Millennials

PACKAGING
The packaging of Eco Amica is consist of two
colors which are the white and green.

White is the symbol of purity and cleanliness and

Green is the symbol of life and renewal. All of this
color enable us to be better every single day that
we should make a change to environment by
reusing waste and turn it into a new one. The
logo has turtle in it because over 1 million marine
animals are dying because of plastic debris and
our goal is to promote reuse plastic to prevent
animals from dying.
 Management Team and Personnel
ORGANIZATIONAL CHART

Ms. Iana Czherisse Salvador

Ms. Mariah Aeden Lopez
(Owners-Partnership)

Ms. Maria Angela Mr. Asher Escalante Ms. Alexandra Ms. Princess Marie
Francine Penafiel Louise Ramos Gomez
(Vice President for
(Vice President for Production) (Vice President for (Vice President for
Sales and Marketing) Administration) Finance)

Ms. Marianne Doros

Ms. Ma. Jamaica Yarra Ilaya

Cashier
 OWNER

Iana Czherisse V. Salvador

Ms. Iana Czherisse V. Salvador, daughter of Mrs. Cherrilyn P. Virgo. She

finished her study at University of the Philippines and a BS Entrepreneurship
graduate. She took up vocational courses to widen her knowledge about handling
and running a business in year 2011. She is also a graduate of masteral degree.
She is currently studying for her doctorate degree also in Univesity of the
Philippines. She helped her mother to run their optical clinic business in Angono,
Rizal. With that, she learned about handling a business in a practical and
intellectual way because her mother let her be the finance officer of their
business. She is the founder of Eco Amica which means “Eco Friendly”. She is
the board of director who is responsible for approving company’s strategies,
goals, and budgets of Eco Amica.

Job Title: Owner

Location: Eco Amica Office

Responsibilities:

 Determining top management compensation

 Approving company’s strategies, goals, and budgets

 Monitoring and controlling the function of the business

 Providing direction for the organization

 Establishing a policy-based governance system

 Skills and Experiences:

 BSBA Major in Entrepreneurship graduate with master’s degree

 Took Vocational Course in year 2011

 Currently studying for her doctorate degree

 Good marketing skills

OWNER

Mariah Aeden V. Lopez

Ms. Mariah Aeden V. Lopez, daughter of Mr. Arthur C. Lopez and Ms. Marivic
V. Lopez. She graduated BSBA Major in Marketing at University of the
Philippines in the year 2010. She continued her studies to master’s degree and
finished it within 4 years. She is currently the president of Eco Amica. Ms. Lopez
is responsible for the operation of the corporation. It performs all areas of
organizing, managing, staffing, and the controlling of the company.

Job Title: Owner

Location: Eco Amica Office

Responsibilities:

 Overseeing the operation of the corporation

 Performing all areas of organizing, management staffing, and directing to

control.

Skills and Experience:

 Complete tasks on time

 Give the best customer service for satisfaction

 Qualifications:

 BSBA Major in Marketing graduate with Master’s degree.

 Good Communication Skills

 Organized to all tasks

VICE PRESIDENT FOR SALES AND MARKETING

Ma. Angela Francine Peñafiel

Ms. Ma. Angela Peñafiel, daugther of Mrs. Ma. Consuelo L. Peñafiel. She
graduated at Polytechnic University of the Philippines and graduated the course
of BSBA Major in Marketing and took up a master’s degree in year 2013. Ms.
Peñafiel is responsible for formulating marketing strategies and plans, the Vice
President for Sales and Marketing.

Job Title: Vice President for Sales and Marketing

Location: Eco Amica Office

Responsibilities:

 Formulating marketing strategies and plan

 Directing and coordinating company sales

Skills and Experience:

 Fluent in speaking using English and Filipino language

 Has a skill in operating Microsoft office software

 Qualifications:

 BSBA Major in Entrepreneur graduate with master’s degree.

 A critical thinker

VICE PRESIDENT FOR PRODUCTION

Asher E. Escalante

Mr. Asher Escalante, son of. He finished his study at Our Lady of Fatima
University with the course of BSBA Major in Marketing and has a master’s degree
in year 2012. Mr. Escalante is responsible for identifying production
technology/process that minimizes the production cost, the Vice President for
Production.

Job Title: Vice President for Production

Location: Eco Amica Office

Responsibilities:

 Responsible for monitoring productions

 Identifying production technology

Skills and Experience:

 Developed through experience in a good marketing

 Excellent interpersonal and communicating skills

 Qualifications:

 BSBA Major in Management graduated with master’s degree.

 Has a good communication skills

 Organized in performing his tasks

VICE PRESIDENT FOR ADMINISTRATION

Alexandra Louise B. Ramos

Ms. Alexandra Louise Ramos, daughter of Mr. Charlie A. Ramos and Ms.
Arlyn V. Blanco. She is a BSBA Major in Marketing graduate in University of the
East. She took a master’s degree and finished it in the year 2013. Ms. Ramos is
the one who is responsible for providing assistance in payroll preparation, the
Vice President for Administration.

Job Title: Vice President for Administration

Location: Eco Amica Office

Responsibilities:

 Assisting other departments in terms of hiring new employees

 Aiding in payroll preparation

Skills and Experiences:

 Developed through experience in a good administrating.

 Excellent interpersonal and communication skills.

 Qualification:

 BSBA Major in Marketing graduate with master’s degree.

VICE PRESIDENT FOR FINANCE

Princess Marie S. Gomez

Ms. Princess Marie S. Gomez, daughter of Mr. Ferdinand B. Gomez and Ms.
Marilou S. Gomez. She is a BSBA Major in Accountancy graduate in University of
the Philippines. She became a Certified Public Accountant in 2012. Ms. Gomez is
responsible for budgeting financial related matters that include financial plans,
direct financial strategies analysis, forecasting and budget management direct all
aspects of accounting operations.

Job Title: Vice President for Finance

Location: Eco Amica Office

Responsibilities:

 Does other administrative tasks

 Responsible in terms of handling the business’ income and expenses

Skills and Experiences:

 Has a good communication skills

 Worked in a leading company for 3 years.

 Qualifications:

 BSBA Major in Accountancy graduate

Certified Public Accountant

IV. Set Up
A. Enterprise Delivery System
INPUT THROUGHPUT OUTPUT MARKETI DESIRED
NG OUTCOM
ES
1. RAW Innovation of the Consistency Product Satisfactio
MATERIALS product. of the n of the
quality of customer.
the product
produced.
2. PURCHASE Improving the indoor Increase Place Positive
A corporate climate. rate of feedbacks
COMMERCI service from the
AL SPACE delivered. people.
3. ADVERTISE Showcasing the quality Attraction of Packaging Sales
MENT of the Eco Amica the volume
wallets, pouch, and customers. attained.
bags.
4. NEW Improving the raw More People Increase
PRODUCT materials that are used choices of rate of
CONCEPT for the product. Eco Amica customers.
products.

The table shows the Enterprise Delivery System of the business Eco
Amica. The table is divided into five consisting of the inputs, throughputs,
 Outputs, marketing, and the desired outcome of
the Enterprise Delivery System of Eco Amica.

First are the inputs which are the mobilized resources wherein these
mobilized resources is consisted of the 4M’s of operation ad these are
methods, machines, manpower, and materials. The throughput is where the
conversion of inputs into outputs occur and the transformation process within
the service shop. The output are the products or services that are produced
starting from the input that undergo the throughput. The marketing is where
the 7Ps can be determined. The 7Ps is comprise of product, place, price,
promotion, people, and processing. And lastly, the desired outcomes are
results from the process of the delivery system of the business.

The first column shows that with the raw materials and resources that the
business have acquired will undergo a process wherein the engaging of an
act of innovation of the product of the business will occur. With this, the
business will be consistent with the quality of the product that they will
produce that will determine the aggregation of the product. Thus, this will help
the business to attain its desired outcome of the satisfaction of the customers
regarding the product that has been made.

The second column represents that one of the Enterprise Delivery

System (EDS) of the business is to purchase a commercial space for the
business to be known by several people. The throughput of this input is the
process of improving the indoor corporate climate that will enable to come
with the output of an increasing rate of the delivered service. This will
aggregate the place and with the improved indoor ambiance of the business
will enable the customer to have their attention onto the Eco Amica’s service
and product.
 And with the improved climate and ambiance of
the business, this will achieve the desired outcome
of the positive feedbacks from the customers.

Another one of the Enterprise Delivery System (EDS) of the business is

advertisement. The third column shows that with advertisement, it will
showcase Eco Amica’s quality products to the people who are not yet familiar
with the brand name. The conversion of this output will enable to attract the
customers and with their attraction, there will be an increased rate of sales.
As a result, this will lead to the sales volume attained of the business’ desired
outcome.
And lastly, new catering concept can be seen in the fourth column. This
input is necessary when the business needs to improve the Eco Amica’s
services and products. Improving the catering concept means the company
will be innovating once again. With another form of innovation, they can
possibly produce new products. Once the company offer new products to the
market, they could possibly generate more profit and they will increase rate of
customers.
B. FACILITIES LAYOUT/FLOOR PLAN
 V. Financial Projection

Store Quantity Price Total

Management and
Machinery
Cash Register 1 Php 20,000.00 Php 20,000.00
LED Lights 8 Php 400.00 Php 3,200.00
Aircon 1 Php 24,000.00 Php 24,000.00
TOTAL Php 47,320.00

Operting Tools Quantity Price Total Total

And (per day) (per year)
Maintenance
Supplies
Straws 10 packs Php 18.00 per Php 180.00 Php 56,000.00
per day pack
Zipper 1 pack per Php 115.00 Php 115.00 Php 35,995.00
scoop (100 per pack
pcs. per
pack)
Paper Bag 1 pack per Php 25.00 per Php 25.00 Php 7,825.00
day (30 pack
pcs. per
pack)
Gina Cloth 1 1/2 yard Php 32.00 per Php 48.00 Php 15,024.00
per day yard
TOTAL Php 368.00 Php
114,844.00

Advertising Quantity Price Total

Expense
Fliers 500 Php 2.00 Php 1,000.00
Tarpaulins 15 Php 180.00 Php 2,700.00
TOTAL Php 3,700.00
 Business Permits Price
Barangay Permit Php 750
Mayor’s Permit Php 5,000
Sticker’s Plate Fee Php 400.00
DTI Permit Php 500.00
BIR Php 500.00
Sanitary Permit Php 500.00
TOTAL Php 7,750.00

Other Expenses Price Price

(per month) (per year)
Utilities Expense Php 3,500.00 Php 42,000.00
Salaries Expense Php 7,800.00 Php 93,600.00
(1 employee)
TOTAL
Php 11,300.00 Php 135,600.00

For the 1st Year:

 Quota:
10 packs of Plastic Straws are to be used per day. It can produce 18
wallets, 12 pouches, 8 bags. Therefore, the quota each day is 38 Eco Amica
products per day.
Each Eco Amica wallet costs Php 30.00 plus a mark-up of Php 15.00.
Therefore, each wallet is Php 45.00 to be sold.
Each Eco Amica pouch costs Php 50.00 plus a mark-up of Php 20.00.
Therefore, each pouch is Php 70.00 to be sold.
 Each Eco Amica bag costs Php 95.00 plus a
mark-up of Php 25.00. Therefore, each bag is Php
120.00 to be sold.
The Eco Amica will open from Monday to Saturday (6 days a week).
Sunday serves as rest day. Therefore, there are 313 days in a year
(deducted the 52 Sundays in a year).

 Computation:
Sales (1st year):
ECO AMICA WALLETS
= 18 Eco Amica wallets x Php 45.00 each x 313 days in a
year
= Php 253,530.00
ECO AMICA POUCHES
= 12 Eco Amica pouches x Php 70.00 each x 313 days in a
year
= Php 262,920.00
ECO AMICA BAGS
= 8 Eco Amica bags x Php 120.00 each x 313 days in a year
= Php 300,480.00
TOTAL SALES = Php 253,530.00 + Php 262,920.00+ Php 300,480.00
=PHP 816,930.00

DONATION: Php 253,530.00 x 0.10 + Php 262,920.00 x 0.15 + Php

300,480.00 x 0.20
= Php 25,353.00 + Php 39,438.00 +Php 60,096
= Php 124,887.00

TOTAL SALES (1ST YEAR) = PHP 692,043.00

 Cost of Sales (1st year):
ECO AMICA WALLETS
= Php 18.00 per pack of plastic straw x 3 packs
of plastic straw (18 wallets) x 313 days per year
= Php 16,902.00
ECO AMICA POUCHES
= Php 18.00 per pack of plastic straw x 3 packs of plastic
straw (12 pouches) x 313 days per year
= Php 16,902.00
ECO AMICA BAGS
= Php 18.00 per pack of plastic straw x 4 packs of plastic
straw (8 bags) x 313 days per year
= Php 57,592.00
COST OF SALES (1st YEAR): Php 16,902.00 + Php 16,902.00 + Php 57,592.00
= PHP 91,396.00

TOTAL GROSS PROFIT (1ST YEAR): PHP 600,647.00

For the 2nd and 3rd Year:

 Quota:
20 packs of Plastic Straws are to be used per day. It can produce 36
wallets, 24 pouches, 16 bags. Therefore, the quota each day is 76 Eco Amica
products per day.
Each Eco Amica wallet costs Php 30.00 plus a mark-up of Php 20.00.
Therefore, each wallet is Php 50.00 to be sold.
 Each Eco Amica pouch costs Php 50.00 plus a
mark-up of Php 25.00. Therefore, each pouch is
Php 75.00 to be sold.
Each Eco Amica bag costs Php 95.00 plus a mark-up of Php 30.00.
Therefore, each bag is Php 125.00 to be sold.
The Eco Amica will open from Monday to Saturday (6 days a week).
Sunday serves as rest day. Therefore, there are 313 days in a year
(deducted the 52 Sundays in a year).

 Computation:
Sales (2nd and 3rd year):
ECO AMICA WALLETS
= 36 Eco Amica wallets x Php 50.00 each x 313 days in a
year
= Php 563,400.00
ECO AMICA POUCHES
= 24 Eco Amica pouches x Php 75.00 each x 313 days in a
year
= Php 563,400.00
ECO AMICA BAGS
= 16 Eco Amica bags x Php 125.00 each x 313 days in a year
= Php 626,000.00
TOTAL SALES = Php 563,400.00 + Php 563,400.00 + Php 626,000.00
=PHP 1,752,800.00

DONATION: Php 563,400.00 x 0.15 + Php 563,400.00 x 0.20 + Php

626,000.00 x 0.25
= Php 84,510.00 + Php 112,680.00 +Php 156,500.00
= Php 353,690.00
 TOTAL SALES (2nd and 3rd YEAR) = PHP
1,399,110.00

Cost of Sales (2nd and 3rd year):

ECO AMICA WALLETS
= Php 18.00 per pack of plastic straw x 6 packs of plastic
straw (36 wallets) x 313 days per year
= Php 33,804.00
ECO AMICA POUCHES
= Php 18.00 per pack of plastic straw x 6 packs of plastic
straw (24 pouches) x 313 days per year
= Php 33,804.00
ECO AMICA BAGS
= Php 18.00 per pack of plastic straw x 8 packs of plastic
straw (16 bags) x 313 days per year
= Php 45,072.00
COST OF SALES (2nd and 3rd YEAR): Php 33,804.00 + Php 33,804.00 + Php
45,072.00
= PHP 112,680.00

TOTAL GROSS PROFIT (2nd and 3rd YEAR): PHP 1,286,430.00

For the 4th and 5th Year:

 Quota:
 30 packs of Plastic Straws are to be used per
day. It can produce 54 wallets, 36 pouches, 24
bags. Therefore, the quota each day is 76 Eco Amica products
per day.
Each Eco Amica wallet costs Php 30.00 plus a mark-up of Php 25.00.
Therefore, each wallet is Php 55.00 to be sold.
Each Eco Amica pouch costs Php 50.00 plus a mark-up of Php 30.00.
Therefore, each pouch is Php 80.00 to be sold.
Each Eco Amica bag costs Php 95.00 plus a mark-up of Php 35.00.
Therefore, each bag is Php 130.00 to be sold.
The Eco Amica will open from Monday to Saturday (6 days a week).
Sunday serves as rest day. Therefore, there are 313 days in a year
(deducted the 52 Sundays in a year).

 Computation:
Sales (4th and 5th year):
ECO AMICA WALLETS
= 54 Eco Amica wallets x Php 55.00 each x 313 days in a
year
= Php 929,610.00
ECO AMICA POUCHES
= 36 Eco Amica pouches x Php 80.00 each x 313 days in a
year
= Php 901,440.00
ECO AMICA BAGS
= 24 Eco Amica bags x Php 130.00 each x 313 days in a year
= Php 976,560.00
TOTAL SALES = Php 929,610.00 + Php 901,440.00 + Php 976,560.00
=PHP 2,807,610.00
 DONATION: Php 929,610.00 x 0.20 + Php
901,440.00 x 0.25 + Php 976,560.00 x 0.30
= Php 185,922.00 + Php 225,360.00
+Php 292,968

= Php 704,250.00

TOTAL SALES (4th and 5th YEAR) = PHP 2,103,360.00

Cost of Sales (1st year):

ECO AMICA WALLETS
= Php 18.00 per pack of plastic straw x 9 packs of plastic
straw (54 wallets) x 313 days per year
= Php 50,706.00
ECO AMICA POUCHES
= Php 18.00 per pack of plastic straw x 9 packs of plastic
straw (36 pouches) x 313 days per year
= Php 50,706.00
ECO AMICA BAGS
= Php 18.00 per pack of plastic straw x 12 packs of plastic
straw (24 bags) x 313 days per year
= Php 67,608.00

COST OF SALES (4th and 5th YEAR): Php 50,706.00 + Php 50,706.00 + Php
67,608.00
= PHP 169,020.00
TOTAL GROSS PROFIT (4th and 5th year): PHP 1,934,340.00
 Table for the Computation of the Eco Amica wallets
(1st – 5th YEAR)
YEAR 1st 2nd 3rd 4th 5th TOTAL
SALES Php Php Php Php Php Php
253,530.00 563,400.00 563,400.00 929,610.00 929,610.00 3,239,550.00
COST Php Php Php Php Php Php
OF 16,902.00 33,804.00 33,804.00 50,706.00 50,706.00 185,922.00
SALES
GROSS Php Php Php Php Php Php
PROFIT 600,647.00 1,286,430.00 1,286,430.00 1,924,340.00 1,924,340.00 7,022,187.00

Table for the Computation of the Eco Amica pouches (1st – 5th Year)

YEAR 1st 2nd 3rd 4th 5th TOTAL

SALES Php Php Php Php Php Php
262,920.00 563,400.00 563,400.00 901,440.00 901,440.00 3,192,600.00
COST Php Php Php Php Php Php
OF 16,902.00 33,804.00 33,804.00 50,706.00 50,706.00 185,922.00
SALES
GROSS Php Php Php Php Php Php
PROFIT 600,647.00 1,286,430.00 1,286,430.00 1,924,340.00 1,924,340.00 7,022,187.00
 Table for the Computation of the Eco Amica bags
(1st – 5th YEAR)

YEAR 1st 2nd 3rd 4th 5th TOTAL

SALES Php Php Php Php Php Php
300,480.00 626,000.00 626,000.00 976,560.00 976,560.00 3,505,600.00
COST Php Php Php Php Php Php
OF 57,592.00 45,072.00 45,072.00 67,608.00 67,608.00 282,952.00
SALES
GROSS Php Php Php Php Php Php
PROFIT 600,647.00 1,286,430.00 1,286,430.00 1,924,340.00 1,924,340.00 7,022,187.00

Eco Amica
Statement of Comprehensive Income
For the year ended December 31, 2018
2014 2015 2016 2017 2018
Net Sales P 692,043 P 1,399,110 P 1,399,110 P 2,203, 360 P 2,203,360

Cost of (91,396) (112,680) (112,680) (169,020) (169,020)

Sales
Gross 600,647 1,286,430 1,286,430 1,924,340 1,924,340
Profit
Operating (309,214) (319,285) (319,285) (339,565) (339,565)
Expense
Income 415,733 1,093,645 1,093,645 1,723,475 1,723,475
before
taxes
Taxes - - - - 344,695
Net P 184,647 P967,145 P 967,145 P 1,584,775 P 1,240,080
Income