Funding Requirements Details

Raw Materials for Okra Seed Coffee

 Okra
₱30 per kilogram / current market price --- [The business needs 307 kilogram]
₱30 x 307 kg = ₱9,210
 Lemon
₱250 per kilogram / current market price --- [The business needs 176 kilogram]
₱250 x 176 kg = ₱44,00

 ₱9,210 + ₱44,000 = ₱53,210 – Total Amount Needed for Raw Materials of Okra Seed
Coffee
These are good for one (1) month and can produce ₱1,290 pieces of okra seed coffee.
Raw Materials for Okra Chocolate Cupcake
Ingredients Total Amount
48 kg All-purpose flour 2,640.00
20 kg Cocoa Powder 6,400.00
12 kg Baking Powder 780.00
5 kg Baking soda 383.00
25 kg White Sugar 1,900.00
23 kg Brown Sugar 1,472.00
160 pieces Eggs 800.00
24 cans Evaporated Milk 720.00
¼ galloon Vegetable Oil 300.00
3 bottles Vanilla Essence 105.00
20 packs Chocolate Chips 1,300.00
480 pieces Cupcake Liners 190.00
TOTALS ₱16,990.00

Total Amount Needed for Raw Materials of Okra Seed Coffee - ₱53,210.00
Total Amount Needed for Raw Materials of Okra Chocolate Cupcake - ₱16,990.00
TOTAL AMOUNT NEEDED FOR RAW MATERIALS: 70,200.00
Materials and Equipment
Materials Price
Single burner gas stove ₱1,240.00
LPG tank with gas ₱2,160.00
TOTAL ₱3,400.00

Kitchen Tools and Equipment Price

Bilao (7pcs) ₱399.00
Frying Pan (Large) ₱329.00
Turner Spatula ₱84.00
Food Processor ₱4,300.00
Strainer ₱129.00
Large Bowls (3pcs) ₱450.00
Measuring Cups (1 set - different sizes) ₱95.00
Weighing Scale ₱1,999.00
Microwave Oven ₱6,800.00
Electric Mixer ₱1,300.00
Baking Tray ₱279.30
TOTAL ₱16,164.30

Packaging Supplies
Resalable Kraft Pouch including the stickers ₱3,780.00
Packaging Boxes for cupcake (480 pcs) ₱3,360.00
TOTAL ₱7,140.00

Initial Rent Payment and Office Supplies

This business has to pay 8,000.00 Php for initial rent payment and will spend 246.00 Php for
office supplies. The detailed explanation for these will be presented later on ‘Operating
Expenses Details for Okra Seed Coffee’ part.

Tables and Chairs

Tables (2 pieces) ₱5,200.00
Monoblock Chairs (5 pieces) ₱1,200.00
TOTAL ₱6,400.00

Business Permits and Licenses

₱2,500 will be allocated for BIR Certificate of Registration, DTI Permit, Barangay Business
Clearance, Mayor’s Permit, and other business-related permits.
Advertising Expense
This business will need 1,080 Php for tarpaulins. The detailed explanation for this will be also
presented later on ‘Operating Expenses Details for Okra Seed Coffee’ part.

Detailed Computation of Costs of Just Aroma Okra Seed Coffee

For Okra Seed Coffee (25 grams):
1/2 kg of okra - 15.00
5g of lemon - 7.00
Total: 22.00 Php

For Okra Seed Coffee (50 grams):

1 kg of okra - 30.00
9g of lemon - 13.00
Total: 43.00 Php

For Okra Seed Coffee (80 grams):

1 2/3 kg of okra - 50.00
10g of lemon - 13.00
Total: 63.00 Php
 Operating Expenses Details for Okra Seed Coffee
 Salaries and Wages
Three (3) employees x 400 (minimum wage per day) = ₱1,200.00
₱1,200 per day x 30 days = ₱36,000.00
 Rent
Space of building - 24 square meters ₱333.34 per square meter (in Nueva Ecija)
₱333.34 x 24 m2 = ₱8,000.16
 Utilities
Dishwashing Liquid (2 liters) ₱70.00
Sponge (1 pc) ₱25.00
Alcohol (500 mL) ₱150.00
Broom (1 pc) ₱120.00
TOTAL ₱365.00

 Power and Water

Power
Electric fan
Power Consumption Hours of Use per Day 1 kWh cost TOTAL
70 Watts (W) 6h/day ₱12.00 ₱153.40

Food Processor
Power Consumption Hours of Use per Day 1 kWh cost TOTAL
600 Watts (W) 2h/day ₱12.00 ₱438.30

Light Bulb
Power Consumption Hours of Use per Day 1 kWh cost TOTAL
15 Watts (W) 1h/day ₱12.00 ₱4.57
₱153.40 + ₱438.30 + ₱ 4.57 = ₱596.27
Water
Water consumption = ₱239.00
For faucet water use (dishwashing) only: 0 - 10 cu.m = 23.90 x 10 = ₱239.00 (minimum charge)
from NEECO 1
Total for Power: ₱596.27
Total for Water: + ₱239.00
TOTAL ₱835.27  For Power and Water

 Marketing

Price of 3 x 3 ft tarpaulins = ₱180.00

6 pcs of tarpaulins needed per month (₱180 x 6 = ₱1,080.00)

TOTAL: ₱1,080.00

 Communications

Mobile load only - ₱200.00

 Packaging Supplies

9x14 cm (small) ₱1.50

10x15 cm ₱2.50
(medium)

12x20 cm (large) ₱4.00

** prices of resalable kraft pouch packaging

Size Quantity needed by the Price

Business

Small (for 25 grams) 480 pcs ₱720.00

Medium (for 50 grams) 420 pcs ₱1,050.00

Large (for 80 grams) 390 pcs ₱1,560.00

TOTAL ₱3,330.00

Amount Needed for Resalable Kraft Pouch ₱3,330.00

One (1) pack of Sticker Paper (100 sheets) ₱65.00

Printing Expense ₱385.00

TOTAL expense for Packaging ₱3,780.00

 Office Supplies

Papers (Daily Receipt, carbonless ₱230.00

copy

Pens (2pcs) ₱16.00

TOTAL ₱246.00

 Repairs and Maintenance

₱1,100 will be allocated for this expense. It may be used to for fixing faucet, for buying paint
(design purposes only), or other light construction materials like nails.

 Depreciation Expense
Covered Period Item Original Estimated Monthly
Cost Useful Life Depreciation

04/30/2022 03/31/2027 LPG Tank 2,160.00 60 36.00

04/30/2022 03/31/2027 Single Burner Gas Stove 1,240.00 60 20.67

04/30/2022 03/31/2027 Bilao (7 pieces) 399.00 60 6.65

04/30/2022 03/31/2027 Frying Pan Big 329.00 60 5.48

04/30/2022 03/31/2027 Turner Spatula 84.00 60 1.40

04/30/2022 03/31/2027 Food Processor 4,300.00 60 71.67

04/30/2022 03/31/2027 Aluminum Strainer 129.00 60 2.15

04/30/2022 03/31/2027 Large Bowls (3 pieces) 450.00 60 7.50

04/30/2022 03/31/2027 Measuring Cups 95.00 60 1.58

04/30/2022 03/31/2027 Weighing Scale 1,999.00 60 33.32

04/30/2022 03/31/2027 Two (2) Big Tables 5,200.00 60 86.67

04/30/2022 03/31/2027 Five (5) Monoblock Chairs 1,200.00 60 20.00

Total: ₱293.08

Detailed Computation of Costs of Just Aroma Cupcake

For Cupcake (Original): Less Sweet
1 3/4 cup All-purpose flour - 18.00
1/2 cup Cocoa Powder - 21.00 (64 grams)
3 tsp Baking Powder - 3.00 (14 grams)
1 tsp Baking Soda - 2.00 (6 grams)
3/4 cup White Sugar - 12.00
1/2 cup Brown Sugar - 8.00
2 pieces Eggs - 10.00
1 cup Evaporated Milk - 25.00
1/2 cup Vegetable Oil - 12.00
1 tsp Vanilla extract - 2.00
Chocolate Chips - 10.00
24 pieces Cupcake Liners - 9.00
TOTAL: 132 pesos
These estimated ingredients can produce 24 pieces of cupcakes or 4 boxes (6 pieces per box).

Now, let us compute the cost per box.

132 pesos / 4 boxes = 33.00 pesos
The selling price of okra chocolate cupcake per box (original) would be ₱75.00.
For Cupcake (Special): Sweeter
1 3/4 cup All-purpose flour - 18.00
1/2 cup Cocoa Powder - 21.00 (64 grams)
3 tsp Baking Powder - 3.00 (14 grams)
1 tsp Baking soda - 2.00 (6 grams)
1 cup White Sugar - 19.00
3/4 cup Brown sugar - 14.00
2 pieces Eggs - 10.00
1 cup Evaporated Milk - 25.00
1/2 cup Vegetable Oil - 12.00
1 tsp Vanilla extract - 2.00
Chocolate Chips - 17.00
24 pieces Cupcake Liners - 9.00
TOTAL: 152 pesos
These estimated ingredients can produce 24 pieces of cupcakes or 4 boxes (6 pieces per box).

Now, let us compute the cost per box.

152 pesos / 4 boxes = 38.00 pesos
The selling price of okra chocolate cupcake per box (special) would be ₱85.00.
 Operating Expenses Details for Okra Chocolate Cupcake
 Salaries and Wages
1 employee (baker) x 400 (minimum wage per day) = ₱1,200
₱1,200 per day x 30 days = ₱12,000

 Power

Microwave oven
Power Consumption Hours of Use per Day 1 kWh cost TOTAL
800 watts (w) 4h/day ₱15.00 ₱1,168.00

Electric Mixer
Power Consumption Hours of Use per Day 1 kWh cost TOTAL
200 watts (w) 10 mins/day ₱10.00 ₱40.87

Total Expense for Power: ₱1,208.87

 Packaging

₱7.00 each box

480 pieces x ₱7.00 = ₱3,360.00

 Depreciation Expense

Covered
Period Item Original Estimated Monthly

Cost Useful Life Depreciation

04/30/2022 03/31/2027 Microwave Oven 6,800.00 60 113.33

04/30/2022 03/31/2027 Electric Mixer 1,300.00 60 21.67

04/30/2022 03/31/2027 Baking Tray 279.00 60 4.65

Total: ₱139.65