SECTION 4 – FINANCIAL PLAN

4.1 PROJECT COST

The total capital is P350.00 with an equity contribution of P50.00.

This is collected among seven (7) members.
Summary of Sales Transaction & Expenditures

 Day 1- September 20, 2018

No. of Goods Produced: 90pcs
No. of Goods Sold: 90pcs
No. of Goods Unsold: 0
Cost of Product: ₱2.47/pc
Total Operating Expenses: ₱54
Total Cost of Production: ₱222.00
Percentage Mark-up: 90%
Selling Price: ₱5.00/pc
Total Sales: ₱450.00
Total Profit: ₱282.00

 Day 2-September 21, 2018

No. of Goods Produced: 100 pcs
No. of Goods Sold: 100pcs
No. of Goods Unsold: 0
Cost of Product: ₱2.65/pc
Total Operating Expenses: ₱54.00
Total Cost of Production: ₱264.50
Percentage Mark-up: 90%
Selling Price: ₱5.00/pc
 Total Sales: ₱500.00
Total Profit: ₱235.5

 Day 3- September 24, 2018

No. of Goods Produced: 100 pcs
No. of Goods Sold: 100pcs
No. of Goods Unsold: 0
Cost of Product: ₱2.72/pc
Total Operating Expenses: ₱54.00
Total Cost of Production: ₱272.00
Percentage Mark-up: 90%
Selling Price: ₱5.00/pc
Total Sales: ₱500.00
Total Profit: ₱228.00

 Day 4- September 25, 2018

No. of Goods Produced: 100pcs
No. of Goods Sold: 100pcs
No. of Goods Unsold: 0
Cost of Product: ₱2.75/pc
Total Operating Expenses: ₱54.00
Total Cost of Production: ₱264.50
Percentage Mark-up: 90%
Selling Price: ₱5.00/pc
Total Sales: ₱500.00
Total Profit: ₱235.50
 Day 5- September 26, 2018
No. of Goods Produced: 100 pcs
No. of Goods Sold: 100pcs
No. of Goods Unsold: 0
Cost of Product: ₱2.72/pc
Total Operating Expenses: ₱54.00
Total Cost of Production: ₱272.00
Percentage Mark-up: 90%
Selling Price: ₱5.00/pc
Total Sales: ₱500.00
Total Profit: ₱228.00

 Day 6- September 27, 2018

No. of Goods Produced: 125 pcs
No. of Goods Sold: 125pcs
No. of Goods Unsold: 0
Cost of Product: ₱2.89/pc
Total Operating Expenses: ₱54
Total Cost of Production: ₱362.00
Percentage Mark-up: 90%
Selling Price: ₱5.00/pc
Total Sales: ₱625.00
Total Profit: ₱138.00

 Day 7- September 28, 2018

No. of Goods Produced: 125pcs
No. of Goods Sold: 125pcs
No. of Goods Unsold: 0
Cost of Product: ₱2.65/pc
Total Operating Expenses: ₱54
Total Cost of Production: ₱308.00
Percentage Mark-up: 90%
Selling Price: ₱5.00/pc
Total Sales: ₱625.00
Total Profit: ₱317.00
4.2 TRANSACTIONS
Day 1

Quantity Description Unit Price Amount

1/2 kg Sugar 30.00 /kl 15.00
3/4 kg Oil 44.00 /kg 35.00
4 kg Banana 12.00 /kg 48.00
2 1/2 packs Lumpia wrapper 28.00 /pack 70.00
Total 168.00

total amount ₱ 168.00

Cost per product = =
no . of products produced 100 pcs

= ₱1.87 /pc
Operating Expenses
Transportation - 14.00
Bond paper - 35.00
Wood - 5.00

Total ₱54.00

total amount of OPEX

Production cost per product = Cost per product +( )
no . of products produced
₱ 54.00
= ₱1.87 /pc +
100 pcs

= ₱2.47 /pc
Markup – 90%

Selling price = ( productioncost per product ) + ( productioncost per product x markup )

= ₱2.47 /pc + (₱2.47/pc x 90%)

= ₱4.69 /pc
≈ ₱5.00/pc
Total Sales = (90) x (₱5.00/pc)
= ₱450.00
Total Profit = ₱450.00 – ₱222.00
= ₱228.00
Day 2

Quantity Description Unit Price Amount

¼ kg Sugar ₱30.00 /kl ₱7.50
1 kg Oil ₱44.00 /kg ₱44.00
5 kg Banana ₱15.00 /kg ₱75.00
3 packs Lumpia wrapper ₱28.00 /pc ₱84.00
Total ₱210.50

total amount ₱ 210.50

Cost per product = =
no . of products produced 100 pcs

= ₱2.11 /pc
Operating Expenses
Transportation - 14.00
Bond paper - 35.00
Wood - 5.00

Total ₱54.00

Production cost per product =Cost per product +¿ )

₱ 54.00
= ₱2.11/pc +
100 pcs

= ₱2.65/pc
Markup – 90%

Selling price =( productioncost per product ) + ( productioncost per product x markup )

= ₱2.65 /pc + (₱2.65 /pc x 90%)

= ₱5.04 /pc
≈ ₱5.00 /pc
Total Sales = (100) x (₱5.00/pc)
= ₱500.00
Total Profit = ₱500.00 – ₱254.50
= ₱235.50
Day 3

Quantity Description Unit Price Amount

½ kg Sugar ₱30.00/kl ₱15.00
1 kg Oil ₱44.00/kg ₱44.00
5 kg Banana ₱15.00/kg ₱75.00
3 packs Lumpia wrapper ₱28.00/pc ₱84.00
Total ₱218.00

total amount ₱ 218.00

Cost per product = =
no . of products produced 100 pcs

= ₱2.18 /pc
Operating Expenses
Transportation - 14.00
Bond paper - 35.00
Wood - 5.00

Total ₱54.00

Production cost per product =Cost per product +¿ )

₱ 54.00
= ₱2.18/pc +
100 pcs

= ₱2.72/pc
Markup – 90%

Selling price = ( productioncost per product ) +( production cost per product x markup)

= ₱2.72 /pc + (₱2.72 /pc x 90%)

= ₱5.17 /pc
≈ ₱5.00 /pc
Total Sales = (100) x (₱5.00/pc)
= ₱500.00
Total Profit = ₱500.00 – ₱272.00
= ₱228.50
Day 4

Quantity Description Unit Price Amount

¼ kg Sugar ₱30.00 /kl ₱7.50
1 kg Oil ₱44.00 /kg ₱44.00
5 kg Banana ₱12.00 /kg ₱60.00
3 packs Lumpia wrapper ₱28.00 /pc ₱84.00
Total ₱195.50

total amount ₱ 195.50

Cost per product = =
no . of products produced 100 pcs

= ₱1.96 /pc
Operating Expenses
Transportation - 14.00
Bond paper - 35.00
Wood - 5.00

Total ₱54.00

total amount of OPEX

Production cost per product = Cost per product +( )
no . of products produced
₱ 54.00
= ₱1.96/pc +
100 pcs

= ₱2.50 /pc
Markup – 90%

Selling price = ( productioncost per product ) +( production cost per product x markup)

= ₱2.50 /pc + (₱2.50 /pc x 90%)

= ₱4.75 /pc
≈ ₱5.00 /pc
Total Sales = (100) x (₱5.00/pc)
= ₱500.00
Total Profit = ₱500.00 – ₱249.50
= ₱250.50
Day 5

Quantity Description Unit Price Amount

1/2 kg Sugar ₱30.00/kl ₱15.00
1 kg Oil ₱44.00/kg ₱44.00
5 kg Banana ₱15.00/kg ₱75.00
3 packs Lumpia wrapper ₱28.00/pc ₱84.00
Total ₱218.00

total amount ₱ 218.00

Cost per product = =
no . of products produced 100 pcs

= ₱ 2.18 /pc
Operating Expenses
Transportation - 14.00
Bond paper - 35.00
Wood - 5.00

Total ₱54.00

total amount of OPEX

Production cost per product = Cost per product +( )
no . of products produced
₱ 54.00
= ₱2.18/pc +
100 pcs

= ₱2.72/pc
Markup – 90%

Selling price= ( productioncost per product ) +( production cost per product x markup)

= ₱2.72/pc + (₱2.72 /pc x 90%)

= ₱5.17/pc
≈ ₱5.00 /pc
Total Sales = (100) x (₱5.00/pc)
= ₱500.00
Total Profit = ₱500.00 – 272.00
 = ₱228.00

Day 6

Quantity Description Unit Price Amount

1 kg Sugar ₱44.00/kl ₱44.00
1 ½ kg Oil ₱44.00/kg ₱66.00
6 kg Banana ₱12.00/kg ₱72.00
4 ½ packs Lumpia wrapper ₱28.00/pack ₱126.00
Total ₱308.00

total amount ₱ 308.00

Cost per product = =
no . of products produced 125 pcs

= ₱2.46 /pc
Operating Expenses
Transportation - 14.00
Bond paper - 35.00
Wood - 5.00

Total ₱54.00

total amount of OPEX

Production cost per product = Cost per product +( )
no . of products produced
₱ 54.00
= ₱2.46/pc +
125 pcs

= ₱2.89/pc
Markup – 90%

Selling price= ( productioncost per product ) +( production cost per product x markup)

= ₱2.89/pc + (₱2.89/pc x 10%)

= ₱5.49/pc
≈ ₱5.00 /pc
Total Sales = (125) x (₱5.00/pc)
= ₱625.00
Total Profit = ₱625.00 – 362.00
= ₱263.00

Day 7

Quantity Description Unit Price Amount

½ kg Sugar ₱30.00/kl ₱15.00
1 ¼ kg Oil ₱44.00/kg ₱55.00
6 kg Banana ₱12.00/kg ₱72.00
4 packs Lumpia wrapper ́ ₱28.00/pack ₱112.00
Total ₱254.00

total amount ₱ 254.00

Cost per product = =
no . of products produced 125 pcs

= ₱2.03/pc
Operating Expenses
Transportation - 14.00
Bond paper - 35.00
Wood - 5.00

Total ₱54.00

total amount of OPEX

Production cost per product = Cost per product +( )
no . of products produced
₱ 54.00
= ₱2.03/pc +
125 pcs

= ₱2.46/pc
Markup – 90%

Selling price = ( productioncost per product ) +( production cost per product x markup)

= ₱2.46/pc + (₱2.46/pc x 90%)

= ₱4.67/pc
≈ ₱5.00/pc
Total Sales = (125) x (₱5.00/pc)
= ₱625.00
Total Profit = ₱625.00 – ₱308.00
= ₱317.00

SUMMARY OF TRANSACTIONS
Days 1 2 3 4 5 6 7 TOTAL

Cost Of
₱2.47 ₱2.65 ₱2.72 ₱2.75 ₱2.72 ₱2.89 ₱2.65 ₱18.85
Products

Operating
₱54.00 ₱54.00 ₱54.00 ₱54.00 ₱54.00 ₱54.00 ₱54.00 ₱378.00
Expenses

Cost of
₱222.00 ₱264.50 ₱272.00 ₱249.50 ₱272.00 ₱362.00 ₱308.00 ₱1,950.00
Production

Total Sales ₱450.00 ₱500.00 ₱500.00 ₱500.00 ₱500.00 ₱625.00 ₱625.00 ₱3,700.00

Total Profit ₱282.00 ₱235.50 ₱228.00 ₱250.50 ₱228.00 ₱263.00 ₱317.00 ₱1,750.00
4.2 INCOME STATEMENT

Turon House
Income Statement
For The Month of September 30, 2018

Sales ₱3,700.00

Less: cost of goods sold

Supplied expenses 1,572.00

Fuel (wood) 35.00

Packaging 245.00

Transportation 98.00

TOTAL COST OF GOODS SOLD 1,950.00

GROSS SALES 1,750.00

NET INCOME ₱1,750.00

4.3 CASH FLOW STATEMENT

Turon House
Statement of Cash Flow
For the month ended September 2018
         
Cash flow from financing activities    
  Capital   350.00
Cash flow from investing activities   0.00
Cash flow from operating activities    
  Sales 3,700.00  
  Less: cost of goods sold    
  Supplied expenses 1,572.00  
  Fuel (wood) 35.00  
  Packaging 245.00  
  Transportation 98.00  
    Net cash from operating activities   1,750.00
Net Cash Balance   2,100.00

The table above shows the inflow and outflow of cash of Turon House. It
has net cash from investing activities of ₱359.00, net cash of ₱0.00 from
investing activities and a total of ₱1,750.00 net cash from operating activities.
4.4 BALANCE SHEET

ASSET LIABILITIES
Cash (Net Cash
Balance) ₱2,109.00  
TOTAL ASSET ₱2,100.00 Accounts Payable ₱0.00
       
OWNER’S EQUITY
     
    Capital 350.00
    Net Income 1,750.00
    Total Owner's Equity 2100.00
       
TOTAL LIABILITIES AND
          OWNERS EQUITY ₱2100.00

The balance sheet shows the financial position or condition of an entity by

listing the assets, liabilities and owner’s equity at a specific date. The amount of
assets is equal to the amount liabilities and owner’s equity at ₱2,100.00.

4.5 RETURN ON INVESTMENT

ROI= ( netcapital
income
) x 100
¿ ( ₱₱1,750.00
350.00 )
x 100

ROI=500.00
4.6 BREAK-EVEN ANALYSIS

Break-Even Analysis
700
600
500
400
300
200
100
0
1 2 3 4 5 6 7

Sales Variable Cost Fixed Cost Total Cost

The complete break-even chart is shown in the chat above. It has been
prepared for Turon House which has a fixed expense of ₱378.00, variable
expense of ₱1,572.00 and total expense of ́₱1,950.00 for the first month of
operation. There is no break-even point during this month.

4.7 PRO-FORMA INCOME STATEMENT

  Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19

Total sales 3,700.00 4,070.00 4,477.00 4,924.70 5,417.17 5,958.89
Less: Expenses 1,950.00 2,145.00 2,359.50 2,595.45 2,855.00 3,140.49
Net Income 1,750.00 1,925.00 2,117.50 2,329.25 2,562.18 2,818.39

  Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19

Total sales 6,554.78 7,210.25 7,931.28 8,724.41 9,596.85 10,556.53
Less: Expenses 3,454.54 3,800.00 4,180.00 4,598.00 5,057.80 5,563.58
Net Income 3,100.23 3,410.25 3,751.28 4,126.41 4,539.05 4,992.95
 The Pro-forma income statement shows the projected sales, expenses
and net income for a year transaction. Each month is increased by ten percent
(10%). In August 2019, Turon will have total sales of ₱10,556.53, an expense of
₱5,563.58 and a total of ₱4,992.95 net income.