Chapter 5

No.
of Availmen
Willing
Particulars Annual Supply One Order
Respondents
Customized Sneakers and High Tops 67,115.00
Doodling 57 25
Colouring 66 30
Accessorize 60 34
Galaxy Designs 52 25
T-shirts Remake 0
Crop-top 18 11
Off-shoulder 34 14
Tattered 18 12
Galaxy Designs 58 32
T-shirt Imprinting 80 51
Jeans Bag 0
Sling bag 44 32
Back pack 67 49
Shoulder bag 41 30
TOTAL 595 345
Shedule No. 1
DIY: Fashion Retouch
SCHEDULE OF PROJECTED REVENUE/SALES
Customized Sneakers and High Tops Year 1 Year 2 Year 3
Doodling 1,372,418.35 1,399,866.72 1,427,864.05
Colouring 2,177,587.51 2,221,139.26 2,265,562.05
Accessorize 1,123,752.22 1,146,227.27 1,169,151.81
Galaxy Designs 1,817,729.84 1,854,084.44 1,891,166.13
T-shirts Remake - - -
Crop-top 144,981.56 147,881.19 150,838.82
Off-shoulder 316,811.56 323,147.79 329,610.75
Tattered 139,611.87 142,404.11 145,252.19
Galaxy Designs 1,386,957.87 1,414,697.03 1,442,990.97
T-shirt Imprinting 830,982.36 847,602.01 864,554.05
Jeans Bag - - -
Sling bag 461,244.31 470,469.19 479,878.58
Back pack 611,327.25 623,553.80 636,024.88
Shoulder bag 368,185.73 375,549.45 383,060.44
TOTAL 10,751,590.45 10,966,622.26 11,185,954.71
*Sales increase by 2% starting from Year 2.
No. of Availment Total No. of Availment
One Two Three No. of
Two Orders Three Orders TOTAL Percentage
Order Order Orders Orders
12 20 25 24 60 109 0.1154661017 7,749.51

18 18 30 36 54 120 0.1271186441 8,531.57
19 7 34 38 21 93 0.0985169492 6,611.97
12 15 25 24 45 94 0.0995762712 6,683.06
0 0 0 0 0 -
5 2 11 10 6 27 0.0286016949 1,919.60
15 5 14 30 15 59 0.0625 4,194.69
4 2 12 8 6 26 0.0275423729 1,848.51
13 13 32 26 39 97 0.1027542373 6,896.35
18 11 51 36 33 120 0.1271186441 8,531.57
0 0 0 0 0 -
10 2 32 20 6 58 0.061440678 4,123.59
15 3 49 30 9 88 0.093220339 6,256.48
10 1 30 20 3 53 0.0561440678 3,768.11
151 99 345 302 297 944 1 67,115.00
S
Year 4 Year 5
1,456,421.33 1,485,549.76
2,310,873.29 2,357,090.75
1,192,534.85 1,216,385.54
1,928,989.45 1,967,569.24
- -
153,855.59 156,932.70
336,202.96 342,927.02
148,157.24 151,120.38
1,471,850.79 1,501,287.80
881,845.13 899,482.04
- -
489,476.15 499,265.67
648,745.37 661,720.28
390,721.65 398,536.08
11,409,673.80 11,637,867.28
Selling
Sales
Price
177.09749 1,372,418.35
255.23884 2,177,587.51
169.95737 1,123,752.22
271.99059 1,817,729.84
0 -
75.526856 144,981.56
75.526856 316,811.56
75.526856 139,611.87
201.11476 1,386,957.87
97.400898 830,982.36
0 -
111.85501 461,244.31
97.711006 611,327.25
97.711006 368,185.73
10,751,590.45
Schedule No. 2
SCHEDULE OF COST OF SERVICE
YEAR 1 YEAR 2
Beginning Inventory - 133,830.53
Add: Net Purchases 6,691,526.59 6,872,197.80
Inventory Available for Use 6,691,526.59 7,006,028.33
Less: Ending Inventory 133,830.53 140,120.57
Cost of Materials Used 6,557,696.05 6,865,907.77
Direct Labor 720,000.00 720,000.00
Manufacturing Overhead 101,755.86 101,755.86
Total Cost of Service 7,379,451.91 7,687,663.63
* Direct labor is based on the annual salary of the designers
*Overhead Cost will be based on the depreciation of the workshop equipments and its electricity consumption
*Sales is increased by 2% per year
*Ending Inventory is 2% of inventory available for use.
edule No. 2
shion Retouch
F COST OF SERVICE
YEAR 3 YEAR 4 YEAR 5
140,120.57 143,957.35 147,845.27
7,057,747.14 7,248,306.32 7,444,010.59
7,197,867.71 7,392,263.67 7,591,855.86
143,957.35 147,845.27 151,837.12
7,053,910.36 7,244,418.40 7,440,018.74
720,000.00 720,000.00 720,000.00
101,755.86 101,755.86 101,755.86
7,875,666.22 8,066,174.26 8,261,774.60
d its electricity consumption

Schedule No. 3
Projected Cleaning Materials and Supplies Expense
Sanitation and
Quantity Unit Cost Total Year 1
Maintenance Expense
Dust Mop 1 ₱ 350.00 ₱ 350.00 350
Floor Sweeps 1 75.00 75.00 75
Detergent Soap 20 25.00 500.00 500
Hand Soap 24 55.00 1,320.00 1320
Waste Bin 4 110.00 440.00 440
TOTAL ₱ 2,685.00 2685
Schedule No. 4
Projected Cleaning Materials and Supplies Expense
Counter Supplies Quantity Unit Cost Total Year 1
Cutter 2 ₱ 50.00 ₱ 100.00 ₱ 100.00
Scissors 2 75.00 150.00 150.00
Tape 24 40.00 960.00 960.00
Tape Dispenser 1 150.00 150.00 150.00
Stapler 1 120.00 120.00 120.00
Staple Wire 25 35.00 875.00 875.00
Puncher 1 150.00 150.00 150.00
Filers 4 195.00 780.00 780.00
Record Book 6 80.00 480.00 480.00
Receipts Sheets 24 30.00 720.00 720.00
Bond Paper (Long) 12 185.00 2,220.00 2,220.00
Bond Paper (Short) 12 150.00 1,800.00 1,800.00
Measuring cups 4 20.00 80.00 80.00
Cellophane Bags Medium-
1 250.00 250 250
sized (500 pcs)
TOTAL ₱ 8,835.00 8835
*Supplies expense increases by 5%.
Schedule No. 5
Workshop Supplies
Cost per
Particulars Quantity Total Cost Year 1
Item
Krylon Shoe Sealant 4 373.42 1,494 1,494
Dritz 1674 Fray Check Liquid
Seam Sealant 0.75-Ounce 2
457.88 916 916
Fevicyrl No Stitch Fabric
3
Glue 80 mL 300 900 900
Westcott 8" Straight Titanium
Bonded Scissors Set 1
711.74 712 712
Needle and Thread Set 1 153 153 153
Apple Barrel Acrylic Paint Set
1
919.31 919 919
Colour Mixing Palette 2 120 240 240
Tulip Fabric Glitter Paint Set
2
2,091 4,182 4,182
Mongol Pencil with Eraser
1
No. 2 12's 84.75 85 85
CVS Acetone Nail Polish
4
Remover 236 mL 152.12 608 608
Cleene Cotton Roll 50 g 3 46.88 141 141
1 pc Blue Color Painter's
Tape 2
399 798 798
Hipgirl 40 Yards 3/8"
Grosgrain Fabric Ribbon Set 2
282.36 565 565
500 sets Silver Pyramid
Studs Rivet Spike Spots
Square Leather Craft DIY 1
Rock Punk 501.12 501 501
Mandala Crafts 50 Yards
5mm Wide Jewelry Making
Flat Micro Fiber Lace Faux 1
Suede Leather Cord (5mm,
Cream)
737.18 737 737
Paxcoo 100Pcs 9 Inch Nylon Coil Zippers Bulk for Sewing Crafts (Assorted Colors)
2
609.99 1,220 1,220
Outus 12 Pack Painting
Sponge Synthetic Artist 1
Sponges 442.1 442 442
Mabis Retractable Tape
2
Measure 202.99 406 406
200 Pcs Pearl Head Sewing
1
Pins 202.99 203 203
Hot Melt Glue Gun 3 150 450 450
Avery T-shirt Transfer Paper
for Light and Dark Shirts (25 2
pcs.) 617.62 1,235 1,235
Stainless Steel S Hook Pot
Hanger - Round 10 Pack 3
Heavy Duty Polished Metal 164.76 494 494
O Life Desk Organizer Set B 680
G00 Smart Block 2 340 680
Rhinestone Hot-Fix
Applicator Wand Kit: Setter
Heat Bedazzler Tool with 2
Tweezers, 750 Glass and
Muticolor Stones.
1,363 2,726 2,726
TOTAL 20,807 20,807
TOTAL SUPPLIES EXPENSE ₱ 32,326.95 32,327

ule No. 3
ion Retouch
rials and Supplies Expense
Year 2 Year 3 Year 4 Year 5
367.5 385.875 405.16875 425.4271875

78.75 82.6875 86.821875 91.16296875
525 551.25 578.8125 607.753125
1386 1455.3 1528.065 1604.46825
462 485.1 509.355 534.82275
2819.25 2960.2125 3108.223125 3263.63428125
ule No. 4
rials and Supplies Expense
₱ 105.00 ₱ 110.25 ₱ 115.76 ₱ 121.55
₱ 157.50 ₱ 165.38 ₱ 173.64 ₱ 182.33
₱ 1,008.00 ₱ 1,058.40 ₱ 1,111.32 ₱ 1,166.89
₱ 157.50 ₱ 165.38 ₱ 173.64 ₱ 182.33
₱ 126.00 ₱ 132.30 ₱ 138.92 ₱ 145.86
₱ 918.75 ₱ 964.69 ₱ 1,012.92 ₱ 1,063.57
₱ 157.50 ₱ 165.38 ₱ 173.64 ₱ 182.33
₱ 819.00 ₱ 859.95 ₱ 902.95 ₱ 948.09
₱ 504.00 ₱ 529.20 ₱ 555.66 ₱ 583.44
₱ 756.00 ₱ 793.80 ₱ 833.49 ₱ 875.16
₱ 2,331.00 ₱ 2,447.55 ₱ 2,569.93 ₱ 2,698.42
₱ 1,890.00 ₱ 1,984.50 ₱ 2,083.73 ₱ 2,187.91
₱ 84.00 ₱ 88.20 ₱ 92.61 ₱ 97.24
₱ 262.50 ₱ 275.63 ₱ 289.41 ₱ 303.88
9276.75 9740.5875 10227.616875 10738.99771875
ule No. 5
ion Retouch
p Supplies
1,568.36 1,646.78 1,729.12 1,815.58
961.55 1,009.63 1,060.11 1,113.11

945.00 992.25 1,041.86 1,093.96
747.33 784.69 823.93 865.12

160.65 168.68 177.12 185.97
965.28 1,013.54 1,064.22 1,117.43

252.00 264.60 277.83 291.72
4,391.10 4,610.66 4,841.19 5,083.25
88.99 93.44 98.11 103.01
638.90 670.85 704.39 739.61

147.67 155.06 162.81 170.95
837.90 879.80 923.78 969.97
592.96 622.60 653.73 686.42
526.18 552.48 580.11 609.11
774.04 812.74 853.38 896.05
1,280.98 1,345.03 1,412.28 1,482.89
464.21 487.42 511.79 537.38
426.28 447.59 469.97 493.47
213.14 223.80 234.99 246.74

472.50 496.13 520.93 546.98
1,297.00 1,361.85 1,429.94 1,501.44
518.99 544.94 572.19 600.80
714.00 749.70 787.19 826.54

2,862.30 3,005.42 3,155.69 3,313.47
21,847.30 22,939.66 24,086.65 25,290.98
33,943 35,640 37,422 39,294

Schedule No. 3
SCHEDULE OF SUPPLIES
YEAR 0 YEAR 1 YEAR 2 YEAR 3
Cleaning Supplies 2,685.00 2,685.00 2,819.25 2,960.21
Counter Supplies 8,835.00 8,835.00 9,276.75 9,740.59
Workshop Supplies 20,806.95 20,806.95 21,847.30 22,939.66
TOTAL 32,326.95 32,326.95 33,943.30 35,640.46

*Cleaning Supplies, Office Supplies, and Workshop Supplies are expensed outright duirng the period of acquisiton.
**All types of supplies expense were increased by 5% after the first year.
YEAR 4 YEAR 5
3,108.22 3,263.63
10,227.62 10,739.00
24,086.65 25,290.98
37,422.49 39,293.61
eriod of acquisiton.
Schedule 16
Depreciation Expense
Equipment and Machineries

Particulars Quantity
WCARH010EA Carrier 1HP Window Aircon 1
Standard SOF16R Orbit Fan 2
Acer Aspire TC 710 21.5” Core i5 4FB Windows 10 Desktop PC 1
Quorion QMP18 Cash Register 1
CCTV 2
Generator 1
TOTAL
Furniture and Fixtures

Table (Manager) 1
Tables (Designers) 2
L-table (Cashier) 1
Chairs 6
TOTAL
Workshop Equipments
Acer Aspire TC 710 21.5” Core i5 4FB Windows 10 Desktop PC 1
Epson L120 Single Function Printer 1
LHR FHSM-700 Double Thread Automatic Pedal Sewing Machine 2
Nikon Tough Mama NFI-L1 Flat Iron Dry Lite 2
Dual Action 3 Airbrush Air Compressor Kit Body Craft Illustration Tattoo
1
Painting Art Spray Gun Set
TOTAL
High Quality DIY Double Pole Stainless Steel Clothes Rack 2

Double Capacity 6 Layer Shoe Rack Shoe Cabinet 1
Frameless Flat Mirror 18X24" 2
O Life Desk Organizer Set B G00 Smart Block 2
Stainless Steel Stackable Shoe Rack 4 layers 1
TOTAL
Schedule 16
Depreciation Expense
Equipment and Machineries

Cost Per Item Total Cost Life Annual Depreciation FOH
30,500 30,500 15 2,033.33
4500 9,000 5 1,800.00
40,600 40,600 8 5,075.00
21,250 21,250 5 4,250.00
15,500 31,000 5 6,200.00
62,500.00 62,500 8 7,812.50
194,850 27,170.83
Furniture and Fixtures

Cost per Item Total Cost Life Annual Depreciation FOH
5,500 5500 10 550.00
4,500 9,000 10 900.00 100%
10,650 5,799 10 579.90
10,170 61,020 10 6,102.00 40%
81,319 8,131.90
Workshop Equipments
Cost Per Item Total Cost Life Annual Depreciation FOH
40,600 40,600 8 5,075.00 100%
7,650 7,650 8 956.25 100%
8650 17,300 5 3,460.00 100%
1500 3,000 5 600.00 100%
2540 2,540 5 508.00 100%

71,090 10,599.25
650 1,300 5 260

500 500 10 50
1,050 2,100 10 210
540.4 1080.8 10 108.08
650.56 651 5 130.112
5,631 758.192
347,259
41671.08
8334.216
FOH ADMIN
100% 2,033.33
100% 1,800.00
100% 5,075.00
100% 4,250.00
100% 6,200.00
100% 7,812.50
27,170.83 #REF!
FOH ADMIN
100% 550.00
900.00
100% 579.90
2,440.80 60% 3,661.20
3,340.80 4,791.10
FOH ADMIN 46,660.18

5,075.00
956.25
3,460.00
600.00 17848.43
508.00
10,599.25
100% 260
100% 50
100% 210
100% 108.08
100% 130.112
758.192
Schedule No. 4
SCHEDULE OF EQUIPMENTS & FURNITURE AND FIXTURES ACCUM
YEAR 1 YEAR 2
FOH ADMIN. FOH ADMIN.
Equipment and Machineries 27,170.83 27,170.83
Furnitures and Fixtures 3,340.80 4,791.10 3,340.80 4,791.10
Workshop Equipments 10,599.25 610.36 10,599.25 610.36
Total 13,940.05 32,572.29 13,940.05 32,572.29

*Straight line method is used for the depreciation expense.
Year 1 46,512.34
Year 2 46,512.34
Year 3 46,512.34
Year 4 46,512.34
Year 5 46,512.34
Schedule No. 4
NITURE AND FIXTURES ACCUMULATED DEPRECIATION
FOH ADMIN. FOH ADMIN. FOH ADMIN.
27,170.83 27,170.83 27,170.83
3,340.80 4,791.10 3,340.80 4,791.10 3,340.80 4,791.10
10,599.25 610.36 10,599.25 610.36 10,599.25 610.36
13,940.05 32,572.29 13,940.05 32,572.29 13,940.05 32,572.29

Schedule No. 5
SCHEDULE OF MISCELLANEOUS EXPENSE
Year 0 Year 1 Year 2 Year 3 Year 4
Miscellaneous Expense
₱ 821.84 ₱ 56,451.55 ₱ 56,540.30 ₱ 56,846.24 ₱ 57,906.64
(3% of total expenses before
miscellaneous expense)
Year 5
₱ 58,340.27
Schedule No. 6
SCHEDULE OF PURCHASES
No. of
Cost Year 1
Orders
Customized Sneakers and High Tops
Doodling 7,749.51 219.48 1,700,840.88
Colouring 8,531.57 158.19 1,349,608.33
Accessorize 6,611.97 245.92 1,626,020.29
Galaxy Designs 6,683.06 169.46 1,132,504.80
T-shirts Remake - - -
Crop-top 1,919.60 - -
Off-shoulder 4,194.69 - -
Tattered 1,848.51 - -
Galaxy Designs 6,896.35 58.55 403,804.79
T-shirt Imprinting 8,531.57 25.73 219,552.79
Jeans Bag - - -
Sling bag 4,123.59 18.32 75,544.19
Back pack 6,256.48 18.32 114,618.77
Shoulder bag 3,768.11 18.32 69,031.76
TOTAL 6,691,526.59
*Purchases increase by 2.7% per year.
**Purchases for the first year of operation will be based on the number of orders derived from the practical capacity
dule No. 6
hion Retouch
OF PURCHASES
1,746,763.58 1,793,926.20 1,842,362.20 1,892,105.98 219.4773

1,386,047.75 1,423,471.04 1,461,904.76 1,501,376.19 158.19
1,669,922.84 1,715,010.76 1,761,316.05 1,808,871.58 245.9209
1,163,082.42 1,194,485.65 1,226,736.76 1,259,858.66 169.459
- - - -
- - - -
- - - -
- - - -
414,707.52 425,904.62 437,404.04 449,213.95 58.5534
225,480.71 231,568.69 237,821.05 244,242.22 25.73417
- - - -
77,583.88 79,678.65 81,829.97 84,039.38 18.32
117,713.48 120,891.74 124,155.82 127,508.02 18.32
70,895.62 72,809.80 74,775.66 76,794.61 18.32
6,872,197.80 7,057,747.14 7,248,306.32 7,444,010.59
ers derived from the practical capacity.

Schedule No. 7
SPROJECTED PRE-OPERATING EXPENSE
Quantity Unit Cost Total Cost TOTAL
Advertising Expense
Tarpaulin(4ft x 5ft) 10 ₱ 250.00 ₱ 2,500.00
Fliers 2000 ₱ 2.00 ₱ 4,000.00
Social Media 1 - -
Local Print Media 1 6,000.00 6,000.00 ₱ 12,500.00
Training And Seminars 10,000.00
Permits and Licenses
Business Location Clearance 75.00
Sanitary Health Clearance 60.00
Fire Safety Clearance 459.60
Cenro 500.00
SEC Registration 500.00
Brgy. Clearance 800.00
Community tax 500.00
Garbage Collection Fee 500.00
Permit Fee 1,500.00 4,894.60
Miscellaneous Expense 821.84
TOTAL ₱ 27,394.60
*Miscellaneous expense will be 3% before miscellaneous expense.
₱ 12,500.00
Schedule No. 8
SCHEDULE OF OTHER EXPENSES
Quantity Unit Cost Total Cost Year 1 Year 2 Year 3
Flourescent Lights 4 1,600.00 6,400.00 6,400.00 6,572.80 6,750.27
TOTAL 6,400.00 6,400.00 6,572.80 6,750.27
*Other expenses will be increase by 2.7% starting from the next year.
Year 4 Year 5
6,932.52 7,119.70
6,932.52 7,119.70
Schedule No. 9
SCHEDULE OF BUSINESS PERMITS & LICENSES
Pre-Operating Year 1 Year 2 Year 3
Business Location Clearance 75.00 75.00 75.00 75.00
Sanitary Health Clearance 60.00 60.00 60.00 60.00
Fire Safety Clearance 459.60 459.60 459.60 459.60
Cenro 500.00 500.00 500.00 500.00
SEC Registration 500.00 500.00 500.00 500.00
Brgy. Clearance 800.00 800.00 800.00 800.00
Community tax 500.00 500.00 500.00 500.00
Garbage Collection Fee 500.00 500.00 500.00 500.00
Permit Fee 1,500.00 1,500.00 1,500.00 1,500.00
Total Permits and Licenses 4,894.60 4,894.60 4,894.60 4,894.60
SES
Year 4 Year 5
75.00 75.00
60.00 60.00
459.60 459.60
500.00 500.00
500.00 500.00
800.00 800.00
500.00 500.00
500.00 500.00
1,500.00 1,500.00
4,894.60 4,894.60
Schedule No. 10
SCHEDULE OF ADVERTISING EXPENS
Advertising Expense Quantity Unit Cost Total Cost
Tarpaulin(4ft x 5ft) 10 ₱ 250.00 ₱ 2,500.00
Social Media 1 - -
Local Print Media 1 6,000.00 6,000.00
Fliers 2000 2.00 4,000.00
TOTAL
*Advertising expense will increase by 5% after the 1st year.
Schedule No. 11
SCHEDULE OF RENT EXPENSE
Monthly Payment Total Annual Rent Year 1
Rent Expense ₱ 25,000.00 ₱ 300,000.00 ₱ 300,000.00
*Rent expense of 300,000 will be constant for the following years.
Schedule No. 10
EDULE OF ADVERTISING EXPENSE
Year 0 Year 1 Year 2 Year 3 Year 4 Year 5
₱ 2,500.00 ₱ 2,500.00 ₱ 2,625.00 ₱ 2,756.25 ₱ 2,894.06 ₱ 3,038.77
- -
6,000.00 6,000.00
4,000.00 4,000.00 6,000.00 9,000.00 13,500.00 20,250.00
₱ 12,500.00 ₱ 12,500.00 ₱ 8,625.00 ₱ 11,756.25 ₱ 16,394.06 ₱ 23,288.77
ule No. 11
ion Retouch
RENT EXPENSE
₱ 300,000.00 ₱ 300,000.00 ₱ 300,000.00 ₱ 300,000.00
Schedule No. 12
SCHEDULE OF COMMUNICATION EXPENSE
Monthly
Annual Cost Year 1 Year 2 Year 3
Cost
Internet and
Telephone Expense ₱ 3,999.00 ₱ 47,988.00 ₱ 47,988.00 ₱ 47,988.00 ₱ 47,988.00
*Internet and telephone expense will be constant for the five-year projection.
E
Year 4 Year 5
₱ 47,988.00 ₱ 47,988.00
Schedule No. 13
SCHEDULE OF UTILITIES EXPENSE
Watt per Operating Daily Total

Equipment and Machineries Qty. Kilowatts Rate
Hr. Hr. Usage Kilowatts
WCARH010EA Carrier 1HP

Window Aircon 1 3,000 8 24,000 24.00 24.00 8.60
Standard SOF16R Orbit Fan 4 200 9 1,800 1.80 7.20 8.60
Acer Aspire TC 710 21.5” Core
i5 4FB Windows 10 Desktop PC
1 200 10 2,000 2.00 2.00 8.60
Epson L120 Single Function
Printer 1 100 3 300 0.30 0.30 8.60
Quorion QMP18 Cash Register 1 50 10 500 0.50 0.50 8.60
CCTV 2 50 24 1,200 1.20 2.40 8.60
Flourescent Lights 5 100 10 1,000 1.00 5.00 8.60
Water Consumption 10 cubics 19.50/cubi
Watt per Operating Daily Total

Workshop Equipments Qty. Kilowatts Rate
Hr. Hr. Usage Kilowatts
Acer Aspire TC 710 21.5” Core

i5 4FB Windows 10 Desktop PC
1 200 6 1,200 1.20 1.20 8.60
Epson L120 Single Function
Printer 1 100 3 300 0.30 0.30 8.60
LHR FHSM-700 Double Thread

Automatic Pedal Sewing Machine 2 100 10 1,000 1.00 2.00 8.60
Nikon Tough Mama NFI-L1 Flat
Iron Dry Lite 2 1,500 6 9,000 9.00 18.00 8.60
Dual Action 3 Airbrush Air
Compressor Kit Body Craft
Illustration Tattoo Painting Art 1,000 6 6,000 6.00 6.00 8.60
1
Spray Gun Set
TOTAL
Utilities Expense ₱128,174.40 ₱131,635.11 ₱135,189.26 ₱138,839.37
*Utilities expense increase by 2.7% starting from year 2.
o. 13
Retouch
TIES EXPENSE
Daily Monthly Yearly

FOH ADMIN
Usage Usage Usage
100% 74,304.00
206.40 6,192.00 74,304.00
61.92 1,857.60 22,291.20 100% 22,291.20
100% 6,192.00
17.20 516.00 6,192.00
100% 928.80
2.58 77.40 928.80
4.30 129.00 1,548.00 100% 1,548.00 Year 1
20.64 619.20 7,430.40 100% 7,430.40 128,174.40
43.00 1,290.00 15,480.00 100% 15,480.00
6.5 195.00 2,340.00 100% 2,340.00

128,174.40
Daily Monthly Yearly

FOH ADMIN
Usage Usage Usage
100% 3,715.20
10.32 309.60 3,715.20
100% 928.80
2.58 77.40 928.80
100% 6,192.00
17.20 516.00 6,192.00
100% 55,728.00
154.80 4,644.00 55,728.00
100% 18,576.00
51.60 1,548.00 18,576.00
85,140.00 85,140.00
Year 4 Year 5
₱138,839.37 ₱142,588.03
₱131,635.11 ### ### ###
131,635.11 135,189.26 138,839.37 142,588.03
Schedule No. 14
SCHEDULE OF TRAINING & SEMINARS
Year 0 Year 1 Year 2 Year 3 Year 4 Year 5
Trainings and Seminars ₱ 10,000 ₱ 10,000 ₱ 10,500 ₱ 11,025 ₱ 11,576 ₱ 12,155
*Trainings and seminars increase 5% starting from year 2.
0.6666667
*Overhead Cost will be based on the depreciation of the workshop equipments and its electricity consumption
Direct Labor
Designers 720,000.00
Overhead Cost
Repairs and Maintenance 2,675.81
Depreciation 13,940.05
Electricity Consumption 85,140.00
Total 101,755.86
increases by 4.1%
Schedule No. 15
SCHEDULE OF OVERHEAD COST
YEAR 1 YEAR 2 YEAR 3 YEAR 4
Utilities Expense 85,140.00 88,630.74 92,264.60 96,047.45
Repairs and maintenance 2,675.81 2,785.52 2,899.72 3,018.61
Depreciation 13,940.05 13,940.05 13,940.05 13,940.05
Total 101,755.86 105,356.31 109,104.37 113,006.11

*Overhead cost increases by 4.1% starting from the next year.
ectricity consumption
YEAR 5
99,985.39
3,142.38
13,940.05
117,067.82
Schedule No. 16
SCHEDULE OF REPAIRS AND MAINTENANCE
Quantity Unit Cost Total Cost Year 1 Year 2
WCARH010EA Carrier 1HP Window Aircon 1 30,500.00 18,995.00 2,849.25 2,926.18
Standard SOF16R Orbit Fan 4 4,500.00 7,196.00 1,079.40 1,108.54
Acer Aspire TC 710 21.5” Core i5 4FB
2
Windows 10 Desktop PC 40,600.00 81,200.00 12,180.00 12,508.86
Epson L120 Single Function Printer 2 7,650.00 15,300.00 2,295.00 2,356.97
Quorion QMP18 Cash Register 1 21,250.00 21,250.00 3,187.50 3,273.56
CCTV 2 15,500.00 21,000.00 3,150.00 3,235.05
Generator 1 62,500.00 62,500.00 9,375.00 9,628.13
LHR FHSM-700 Double Thread Automatic 4
Pedal Sewing Machine 8,650.00 34,600.00 5,190.00 5,330.13
Nikon Tough Mama NFI-L1 Flat Iron Dry Lite 2 1,500.00 3,000.00 450.00 462.15
Dual Action 3 Airbrush Air Compressor Kit
Body Craft Illustration Tattoo Painting Art Spray 1
Gun Set 2,540.00 2,540.00 381.00 391.29
Total 267,581.00 40,137.15 41220.85305
*Repairs and maintenance will be 15% of the asset's historical cost.
*Repairs and maintenance will be increased by 2.7% starting on the 2nd year due to inflation.
Year 3 Year 4 Year 5
3,005.19 3,086.33 3,169.66
1,138.47 1,169.21 1,200.78
12,846.60 13,193.46 13,549.68

2,420.60 2,485.96 2,553.08
3,361.95 3,452.72 3,545.94
3,322.40 3,412.10 3,504.23
9,888.08 10,155.06 10,429.25
5,474.04 5,621.84 5,773.63

474.63 487.44 500.60
401.85 412.70 423.84

42333.81608 43476.8291 44650.7035
Year 1 Year 2
Income Tax Payable ₱ 103,006.91 ₱ 100,330.62
Schedule No. 17
SCHEDULE OF INCOME TAX PAYABLE
Year 1 Year 2
Remittance (1st - 3rd Quarter) ₱ 309,020.72 ₱ 300,991.86
*For income tax purposes, the taxpayer is assumed to be single with no qualified independent.
₱ 101,892.56 ₱ 101,652.88 ₱ 102,980.76
7
ouch
AX PAYABLE
₱ 407,570.25 ₱ 406,611.51 ₱ 411,923.05
₱ 305,677.69 ₱ 304,958.63 ₱ 308,942.29
₱ 101,892.56 ₱ 101,652.88 ₱ 102,980.76
Schedule No. 18
SCHEDULE OF VAT PAYABLE
Output Tax ₱ 1,290,190.85 ₱ 1,315,994.67 ₱ 1,342,314.56
Less: Input Tax 73,799.21 62,639.65 63,800.41

Capital Asset 51,817.03
VAT Payable ₱ 1,164,574.62 ₱ 1,253,355.02 ₱ 1,278,514.16
Year 4 Year 5
₱ 1,369,160.86 ₱ 1,396,544.07
65,167.83 66,832.90
₱ 1,303,993.02 ₱ 1,329,711.18
1712010
1783689.97 1919546.76 2059875.11 2204557.98
Schedule No. 19
SCHEDULE OF SALARIES
Year 1-3
Annual Total Annual SSS
POSITION No of EE Monthly Salary
Salaries Salaries ER
Manager 1 20,000.00 240,000.00 240,000.00 14,144.40
Designer 4 15,000.00 180,000.00 720,000.00 53,040.00
Cashier 1 10,000.00 120,000.00 120,000.00 8,840.40
TOTAL 1,080,000.00 76,024.80
Year 4-5
Manager 1 20,400.00 244,800.00 244,800.00 14,144.40
Designer 4 15,300.00 183,600.00 734,400.00 53,040.00
Cashier 1 10,200.00 122,400.00 122,400.00 8,840.40
TOTAL 1,101,600.00 76,024.80
*Salaries will increase by 2% after every three years.
Year 1-3

Manager 1 20,000.00 240,000.00 240,000.00 ₱1,178.70
Designer 4 15,000.00 180,000.00 720,000.00 ₱1,105.00
Cashier 1 10,000.00 120,000.00 120,000.00 ₱736.70
1,080,000.00
*Increase by 2%
Year 4-5

Manager 1 20,400.00 244,800.00 244,800.00 ₱1,178.70
Designer 4 15,300.00 183,600.00 734,400.00 ₱1,105.00
Cashier 1 10,200.00 122,400.00 122,400.00 ₱736.70
Schedule No. 19
SCHEDULE OF SALARIES
SSS PHILHEALTH PAG-IBIG

EE ER EE ER EE
6,975.60 3,000.00 3,000.00 1,200.00 1,200.00
26,160.00 9,000.00 9,000.00 4,800.00 4,800.00
4,359.60 1,500.00 1,500.00 1,200.00 1,200.00
37,495.20 13,500.00 13,500.00 7,200.00 7,200.00

EE ER EE ER EE
6,975.60 3,000.00 3,000.00 1,200.00 1,200.00
26,160.00 9,000.00 9,000.00 4,800.00 4,800.00
4,359.60 1,500.00 1,500.00 1,200.00 1,200.00
37,495.20 13,500.00 13,500.00 7,200.00 7,200.00

EE ER EE ER EE
₱581.30 ₱250.00 ₱250.00 ₱100.00 ₱100.00
₱545.00 ₱187.50 ₱187.50 ₱100.00 ₱100.00
₱363.30 ₱125.00 ₱125.00 ₱100.00 ₱100.00
₱4,510.00

EE ER EE ER EE
₱581.30 ₱250.00 ₱250.00 ₱100.00 ₱100.00
₱545.00 ₱187.50 ₱187.50 ₱100.00 ₱100.00
₱363.30 ₱125.00 ₱125.00 ₱100.00 ₱100.00
₱4,510.00
Withholding TOTAL DEDUCTION 13th Month
Net Pay Total Annual Net Pay
tax ER EE Pay
32,306.10 18,344.40 43,481.70 196,518.30 20,000.00 216,518.30
119,012.00 66,840.00 158,972.00 561,028.00 60,000.00 621,028.00
7,441.06 11,540.40 14,500.66 105,499.34 10,000.00 115,499.34
158,759.16 96,724.80 216,954.36 863,045.64 90,000.00 953,045.64
Withholding TOTAL DEDUCTION 13th Month

Net Pay Total Annual Net Pay
tax ER EE Pay
33,406.10 18,344.40 44,581.70 200,218.30 20,400.00 220,618.30
123,332.00 66,840.00 163,292.00 571,108.00 61,200.00 632,308.00
7,801.06 11,540.40 14,860.66 107,539.34 10,200.00 117,739.34
164,539.16 96,724.80 222,734.36 878,865.64 91,800.00 970,665.64
Exemption
Taxbase Excess WitholdingTax
228,824.40 50,000.00 178,824.40 32,306.10

680,040.00 200,000.00 480,040.00 119,012.00
112,940.40 50000 62,940.40 7441.06
Exemption
Taxbase Excess WitholdingTax
233,624.40 50,000.00 183,624.40 33,406.10

694,440.00 200,000.00 494,440.00 123332
115,340.40 50,000.00 65,340.40 7801.06
Schedule No. 20
SCHEDULE OF SALARIES EXPENSE
Year 1-3
Annual Salaries Total Annual
13th Month Pay Per EE Salaries
Manager 1 20,000.00 ₱ 20,000.00 240,000.00 260,000.00
Designer 4 15,000.00 ₱ 60,000.00 720,000.00 780,000.00
Cashier 1 10,000.00 ₱ 10,000.00 120,000.00 130,000.00
Total ₱ 90,000.00 ₱ 1,080,000.00 ₱ 1,170,000.00
Year 4-5
Annual Salaries Total Annual
13th Month Pay Per EE Salaries
Manager 1 20,400.00 ₱ 20,400.00 244,800.00 265,200.00
Designer 4 15,300.00 ₱ 61,200.00 734,400.00 795,600.00
Cashier 1 10,200.00 ₱ 10,200.00 122,400.00 132,600.00
Total ₱ 91,800.00 ₱ 1,101,600.00 ₱ 1,193,400.00
Total Salaries Expense
₱ 540,000.00
₱ 1,575,000.00
₱ 270,000.00
₱ 2,340,000.00
Total Salaries Expense

₱ 550,800.00
₱ 1,606,500.00
₱ 275,400.00
₱ 2,386,800.00
Schedule No. 21
SCHEDULE OF SSS, PHILHEALTH, & PAG-IBIG EXPENSE
Year 1-3
SSS
POSITION No of EE Monthly Salary Annual Salaries Total Annual Salaries
ER
Manager 1 ₱20,000.00 ₱240,000.00 ₱240,000.00 14,144.40
Designer 4 ₱15,000.00 ₱180,000.00 ₱720,000.00 53,040.00
Cashier 1 ₱10,000.00 ₱120,000.00 ₱120,000.00 8,840.40
Total ₱45,000.00 ₱540,000.00 ₱1,080,000.00 ₱76,024.80
Year 4-5
SSS
POSITION No of EE Monthly Salary Annual Salaries Total Annual Salaries
ER
Manager 1 ₱20,400.00 ₱244,800.00 ₱244,800.00 14,144.40
Designer 4 ₱15,300.00 ₱183,600.00 ₱734,400.00 53,040.00
Cashier 1 ₱10,200.00 ₱122,400.00 ₱122,400.00 8,840.40
Total ₱45,900.00 ₱550,800.00 ₱1,101,600.00 ₱76,024.80
SE
PhilHealth Pag-IBIG
ER ER
3,000.00 1,200.00
9,000.00 4,800.00
1,500.00 1,200.00
₱13,500.00 ₱7,200.00
PhilHealth Pag-IBIG
ER ER
3,000.00 1,200.00
9,000.00 4,800.00
1,500.00 1,200.00
₱13,500.00 ₱7,200.00
Schedule No. 22
SCHEDULE OF SSS, PHILHEALTH, PAG-IBIG AND WITHHOLDING TAX PAYABLE
Year 1-3
Monthly SSS PHILHEALTH
POSITION No of EE
Salary ER EE ER EE
Manager 1 20,000.00 ₱ 1,178.70 ₱ 581.30 ₱ 250.00 ₱ 250.00
Designer 4 15,000.00 ₱ 4,420.00 ₱ 2,180.00 ₱ 750.00 ₱ 750.00
Cashier 1 10,000.00 ₱ 736.70 ₱ 363.30 ₱ 125.00 ₱ 125.00
Total ₱ 6,335.40 ₱ 3,124.60 ₱ 1,125.00 ₱ 1,125.00
Total Payable ₱ 9,460.00 ₱ 2,250.00
Year 4-5
Monthly SSS PHILHEALTH
POSITION No of EE
Salary ER EE ER EE
Manager 1 20,400.00 ₱ 1,178.70 ₱ 581.30 ₱ 250.00 ₱ 250.00
Designer 4 15,300.00 ₱ 4,420.00 ₱ 2,180.00 ₱ 750.00 ₱ 750.00
Cashier 1 10,200.00 ₱ 736.70 ₱ 363.30 ₱ 125.00 ₱ 125.00
Total ₱ 6,335.40 ₱ 3,124.60 ₱ 1,125.00 ₱ 1,125.00
Total Payable ₱ 9,460.00 ₱ 2,250.00
HHOLDING TAX PAYABLE
PAG-IBIG WITHHOLDING
ER EE EE
₱ 100.00 ₱ 100.00 32,306.10
₱ 400.00 ₱ 400.00 119,012.00
₱ 100.00 ₱ 100.00 7,441.06
₱ 600.00 ₱ 600.00 158,759.16
₱ 1,200.00 158,759.16
PAG-IBIG WITHHOLDING
ER EE EE
₱ 100.00 ₱ 100.00 33,406.10
₱ 400.00 ₱ 400.00 123,332.00
₱ 100.00 ₱ 100.00 7,801.06
₱ 600.00 ₱ 600.00 164,539.16
₱ 1,200.00 164,539.16
*Ending Inventory is 2% of raw materials available for use.
SC
Raw Materials Qty
Doodling Acrylic Paints 10 mL
Total Cost
Raw Materials Qty

Colouring Acrylic Paints 15 mL
Total Cost
Raw Materials Qty

Zipper 1 pc
Ribbon 1 pc
Accessorize Glitter paint 10.8 g
Belts 1 pc
Studs 4 pcs
Total Cost
Raw Materials Qty

Glitter paint 10.8 g
Galaxy Designs
Acrylic Paints 10 mL
Total Cost
Raw Materials Qty
Crop Top
Total Cost
Raw Materials Qty
Off-shoulder
Total Cost
Raw Materials Qty
Tattered
Total Cost
Raw Materials Qty
Galaxy Designs
Acrylic paints 10 mL
Galaxy Designs
Glitter paint 10.8 g
Total Cost
Raw Materials Qty

T-shirt Imprinting Transfer paper 1 pc
Total Cost
Raw Materials Qty

Fray check 1 pc
Sling Bag
Zipper 1 pc
Total Cost
Raw Materials Qty
Magnetic Fastener 1 pc
Shoulder Bag
Zipper 1 pc
Total Cost
Raw Materials Qty
Magnetic Fastener 1 pc
Back Pack
Zipper 1 pc
Total Cost
*Overhead Cost will be based on the depreciation of the workshop equipments and its elec
s available for use.
137.8965 91.931
Schedule No. 23
SCHEDULE OF SERVICE COSTING
Cost No. of Shoe Cost per Pair Direct Labor Factory Overhead
91.931
91.931 2 91.931 10.727855174 1.51614184608508
137.8965
137.8965 2 137.8965 10.727855174 1.51614184608508
6.0999
7.059
55.81946938776
14.7436
4.00896
87.73092938776 2 87.7309293877551 10.727855174 1.51614184608508
55.81946938776
91.931
147.7504693878 2 147.750469387755 10.727855174 1.51614184608508
Cost No. of Shirts Cost per Shirt Direct Labor Factory Overhead
0 1 0 42.9114206958 1.51614184608508
0 1 0 42.9114206958 1.51614184608508
0 1 0 42.9114206958 1.51614184608508
91.931
55.81946938776
147.7504693878 1 73.8752346938776 42.9114206958 1.51614184608508
25.73416666667
25.73416666667 1 12.8670833333333 42.9114206958 1.51614184608508
Cost No. of Bags Cost per Bag Direct Labor Factory Overhead
36.64
6.099
42.739 1 21.3695 42.9114206958 1.51614184608508
20
6.099
26.099 1 13.0495 42.9114206958 1.51614184608508
20
6.099
26.099 1 13.0495 42.9114206958 1.51614184608508
hop equipments and its electricity consumption

10 pcs/15 mL
9.1931 919.31/100mL 150
919.31 /15 mL
919.31
Total Cost Mark up Based on Cost Selling Price 91.931
104.17499702 1.7 177.09749493407
Total Cost Mark up Based on Cost Selling Price
150.14049702 1.7 255.23884493407
99.974926408 1.7 169.95737489325

609.99
6.0999
159.99446641 1.7 271.99059289325
44.427562542 1.7 75.52685632124
44.427562542 1.7 75.52685632124

919.31
38.3045833333333
44.427562542 1.7 75.52685632124 191.522916666667

118.30279724 1.7 201.11475530083
57.294645875 1.7 97.400897987906
65.797062542 1.7 111.85500632124
57.477062542 1.7 97.71100632124
57.477062542 1.7 97.71100632124
617.62
25.7341666666667
25 mL
916
36.64
Conversion
1 tbsp 15 g
373.42/317 g 152.12/236 ml 1 tsp 5g
373.42 152.12
109.846735015773 48.3432203389831 6.216666666667
61.2873333333333
506.61/98 g
40 yrds 55.8194693877551 50 yrds 500 pcs
282.36 737.18 501.12

7.059 14.7436 1.00224
4.00896
tbsp
Schedule No.
Projected SSS/PhilHealth/HDMF Remittance
SSS Remittance:
Remittance for the year 104,060.00 9,460.00
104,060.00 9,460.00
Remittance for the year 113,520.00
104,060.00 9,460.00
104,060.00
Remittance for the year
PhilHealth Remittance
24,750.00 2,250.00
24,750.00 2,250.00
24,750.00
PAG-IBIG Remittance
13,200.00 1,200.00
13,200.00 1,200.00

13,200.00
Withholding Tax Remittance

145,529.23 13,229.93
145,529.23 13,229.93
150,827.56

Schedule 24
DIY:Fashion Retouch
Year 5 Year 6 PROJECTED SSS PAYABLE
Year 1
SSS per ER 76,024.80
SSS per EE 37,495.20
Total SSS per EE and ER 113,520.00
Add:SSS Payabe Beg. -
9,460.00 Less:Remittance for the year (104,060.00)
SSS Payable for the year 9,460.00
104,060.00 9,460.00
113,520.00
Schedule 25
Year 5 Year 6 DIY:Fashion Retouch
PROJECTED PHILHEALTH PAYABL
Year 1
PhilHealth per ER 13,500.00
PhilHealth per EE 13,500.00
Total PhilHealth per EE and ER 27,000.00
2,250.00 Add:PhilHealth Payabe Beg. -
Less:Remittance for the year (24,750.00)
24,750.00 2,250.00 PhilHealth Payable for the year 2,250.00
27,000.00
Year 5 Year 6 Schedule 26

DIY:Fashion Retouch
PROJECTED PAG-IBIG PAYABLE
Year 1
PAG-IBIG per ER 7,200.00
PAG-IBIG per EE 7,200.00

1,200.00 Total PAG-IBIG per EE and ER 14,400.00
Add:PAG-IBIG Payabe Beg. -
Less:Remittance for the year (SEE
13,200.00 1,200.00 SCHED. ) (13,200.00)
14,400.00 PAG-IBIG Payabe for the year 1,200.00
Year 5 Year 6 Schedule No. 27

DIY:Fashion Retouch
PROJECTED WITHHOLDING TAX PAYA
Year 1
Withholding tax per EE 158,759.16
Add:Withholding tax Payabe Beg. -
13,711.60 Less:Remittance for the year (145,529.23)
Withholding Tax Payabe for the year 13,229.93
150,827.56 13,711.60
164,539.16
Schedule 24
DIY:Fashion Retouch
PROJECTED SSS PAYABLE
76,024.80 76,024.80 76,024.80 76,024.80
37,495.20 37,495.20 37,495.20 37,495.20
113,520.00 113,520.00 113,520.00 113,520.00
9,460.00 9,460.00 9,460.00 9,460.00
(113,520.00) (113,520.00) (113,520.00) (113,520.00)
9,460.00 9,460.00 9,460.00 9,460.00
Schedule 25
DIY:Fashion Retouch
OJECTED PHILHEALTH PAYABLE
13,500.00 13,500.00 13,500.00 13,500.00
13,500.00 13,500.00 13,500.00 13,500.00
27,000.00 27,000.00 27,000.00 27,000.00
2,250.00 2,250.00 2,250.00 2,250.00
(27,000.00) (27,000.00) (27,000.00) (27,000.00)
2,250.00 2,250.00 2,250.00 2,250.00
Schedule 26
DIY:Fashion Retouch
ROJECTED PAG-IBIG PAYABLE
7,200.00 7,200.00 7,200.00 7,200.00
7,200.00 7,200.00 7,200.00 7,200.00

14,400.00 14,400.00 14,400.00 14,400.00
1,200.00 1,200.00 1,200.00 1,200.00
(14,400.00) (14,400.00) (14,400.00) (14,400.00)

1,200.00 1,200.00 1,200.00 1,200.00
Schedule No. 27
DIY:Fashion Retouch
ECTED WITHHOLDING TAX PAYABLE
158,759.16 158,759.16 164,539.16 164,539.16
13,229.93 13,229.93 13,229.93 13,711.60
(158,759.16) (158,759.16) (164,057.49) (164,539.16)
13,229.93 13,229.93 13,711.60 13,711.60
Table No. 4
Annual Capacity
Particulars Customized Sneakers and High Tops
Galaxy
Doodling Colouring Accessorize
Designs
Total Minutes of Operation per day (10hrs)
Multiply: No. of designers
Total Minutes per Day
Multiply by: 6 operating days & 52 weeks
Annual Minutes Supply Manpower
Divided by: No. of minutes to Produce the
Product 120 120 180 180
Total 6,240.00 6,240.00 4,160.00 4,160.00
Multiply by: Percentage to be catered
Estimated Annual Capacity 4,992 4,992 3,328 3,328
TOTAL ESTIMATED ANNUAL CAPACITY 67,114.67
Table No. 4
Annual Capacity
T-shirts Remake Jeans Bag
Off- Galaxy T-shirt Shoulder
Crop Top Tattered Sling Bag Back Pack
shoulder Designs Imprinting Bag
600
4
2400
312
748800
120 180 60 120 30 240 270 240

6,240.00 4,160.00 12,480.00 6,240.00 24,960.00 3,120.00 2,773.33 3,120.00
80%
4,992 3,328 9,984 4,992 19,968 2,496 2,219 2,496
Investment Cost
Cash 94,966.25
Equipment 202,981.36
Furniture and Fixtures 53,119.00 Investment Cost
Workshop Equipments 88,390.00 Required Cash Balance
Beg, Investment
Pre-operating Expenses:
Advertising Expense 12,500.00
Supplies 32,326.95 60,543.39 Supplies Inventory
Training and Seminar 10,000.00 Prepaid Expenses
Permits and Licenses 4,894.60
Miscellaneous Expense 821.84
TOTAL COST 405,033.75 500,000.00
Table No. 11
Investment Cost
Cash 574,839.30
Workshop Supplies 20,126.95 workshop supplies
Workshop Equipments 88,390.00
Equipments and Machineries 202,981.36
Furniture and Fixtures 53,119.00
Pre-operating Expenses 60,543.39
TOTAL 1,000,000.00 For the cash, it will be used for leasehold impr
405,033.75
94,966.25
500,000.00
33,148.79
27,394.60
60,543.39
20126.95
ill be used for leasehold improvements.

Exhibit No. 4
Projected Statement of Cash Flows
Year 0 Year 1
Net income ₱ (60,543.39) ₱ 961,397.79
Add: Depreciation Expense 46,512.34
Cash Income ₱ (60,543.39) ₱ 1,007,910.13
Operating Activities: (Increase)/Decrease

Increase in Inventory ₱ (133,830.53)
Increase in SSS Payable 9,460.00
Increase in PhilHealth Payable 2,250.00
Increase in PAG-IBIG Payable 1,200.00
Increase in Income Tax Payable 103,006.91
Increase in Vat Payable 1,164,574.62
Increase in Withholding Tax Payable 13,229.93
Net cash Provided by Operating Activities ₱ (60,543.39) ₱ 2,167,801.06
Investing Activities: (Increase)/Decrease
Increase in Equipment and Machinery (202,981.36)

Increase in Workshop Equipments (88,390.00)
Increase in Furnitures and Fixtures (53,119.00)
Increase in Workshop Supplies (20,126.95)
Net Cash Provided by Investing Activities ₱ (364,617.31) ₱ -
Financing Activities: Increase/(Decrease)

Partners' Investment ₱ 1,000,000.00
Partners' Withdrawal ₱ (500,000.00)
Net cash Provided by Financing Activities ₱ 1,000,000.00 ₱ (500,000.00)
Net increase/decrease in cash ₱ 574,839.30 ₱ 1,667,801.06

Add: Cash, Beginning 574,839.30
Cash, Ending ₱ 574,839.30 ₱ 2,242,640.36
Year 0 Year 1
Operating Activities ₱ (60,543.39) ₱ 2,167,801.06
Investing Activities ₱ (364,617.31) ₱ -
Financiang Activities ₱ 1,000,000.00 ₱ (500,000.00)
Cash Balance, Beginning ₱ - ₱ 574,839.30
Cash Balance, Ending ₱ 574,839.30 ₱ 2,242,640.36
₱ 1,667,801.06 0.743677447144765
₱ 562,745.53 0.200594695748786
₱ 520,393.89 0.156472744077529
₱ 517,105.46 0.134561775165852
₱ 530,720.33 0.121346179721128
Projected Statement of Cash

₱5,000,000.00
₱4,000,000.00
₱3,000,000.00
₱2,000,000.00
₱1,000,000.00
₱-
-₱1,000,000.00
ibit No. 4
hion Retouch
ment of Cash Flows
₱ 936,419.10 ₱ 950,997.25 ₱ 948,760.19 ₱ 961,153.79
46,512.34 46,512.34 46,512.34 46,512.34
₱ 982,931.45 ₱ 997,509.60 ₱ 995,272.53 ₱ 1,007,666.13
₱ (6,290.03) ₱ (3,836.79) ₱ (3,887.92) ₱ (3,991.84)
(2,676.29) 1,561.94 (239.69) 1,327.89

88,780.40 25,159.13 25,478.87 25,718.15
481.67
₱ 1,062,745.53 ₱ 1,020,393.89 ₱ 1,017,105.46 ₱ 1,030,720.33
₱ (500,000.00) ₱ (500,000.00) ₱ (500,000.00) ₱ (500,000.00)

₱ (500,000.00) ₱ (500,000.00) ₱ (500,000.00) ₱ (500,000.00)
₱ 562,745.53 ₱ 520,393.89 ₱ 517,105.46 ₱ 530,720.33

2,242,640.36 2,805,385.89 3,325,779.78 3,842,885.23
₱ 2,805,385.89 ₱ 3,325,779.78 ₱ 3,842,885.23 ₱ 4,373,605.56

₱ 1,062,745.53 ₱ 1,020,393.89 ₱ 1,017,105.46 ₱ 1,030,720.33
₱ - ₱ - ₱ - ₱ -
₱ (500,000.00) ₱ (500,000.00) ₱ (500,000.00) ₱ (500,000.00)
₱ 2,242,640.36 ₱ 2,805,385.89 ₱ 3,325,779.78 ₱ 3,842,885.23
₱ 2,805,385.89 ₱ 3,325,779.78 ₱ 3,842,885.23 ₱ 4,373,605.56
1
2
3
4
5
Statement of Cash Flows

Exhibit No. 3
SCHEDULE OF PARTNER'S EQUITY
Tura, Beg. Capital ₱ 500,000.00 ₱ 469,728.31 700,427.20
Add: Net Income/(Loss) (30,271.69) 480,698.89 468,209.55
Total ₱ 469,728.31 ₱ 950,427.20 ₱ 1,168,636.75
Less: Withdrawal - 250,000.00 250,000.00
Ending Balance ₱ 469,728.31 ₱ 700,427.20 ₱ 918,636.75

Sasuman, Beg. Capital ₱ 500,000.00 ₱ 469,728.31 700,427.20
Add: Net Income/(Loss) (30,271.69) 480,698.89 468,209.55
Total ₱ 469,728.31 ₱ 950,427.20 ₱ 1,168,636.75
Less: Withdrawal - 250,000.00 250,000.00
Ending Balance ₱ 469,728.31 ₱ 700,427.20 ₱ 918,636.75

Tura, Capital ₱ 469,728.31 ₱ 700,427.20 ₱ 918,636.75
Sasuman, Capital ₱ 469,728.31 ₱ 700,427.20 ₱ 918,636.75
Projected Statement of C
₱1,800,000.00
₱1,600,000.00
₱1,400,000.00
₱1,200,000.00
₱1,000,000.00
₱800,000.00
₱600,000.00
₱400,000.00
₱200,000.00
₱-
o. 3
Retouch
NER'S EQUITY
₱ 918,636.75 ₱ 1,144,135.38 ₱ 1,368,515.47
475,498.63 474,380.09 480,576.89
₱ 1,394,135.38 ₱ 1,618,515.47 ₱ 1,849,092.37 300000
250,000.00 250,000.00 250,000.00
₱ 1,144,135.38 ₱ 1,368,515.47 ₱ 1,599,092.37

₱ 918,636.75 ₱ 1,144,135.38 ₱ 1,368,515.47
475,498.63 474,380.09 480,576.89
₱ 1,394,135.38 ₱ 1,618,515.47 ₱ 1,849,092.37
250,000.00 250,000.00 250,000.00
₱ 1,144,135.38 ₱ 1,368,515.47 ₱ 1,599,092.37
₱ 230,698.89 0.329369
₱ 218,209.55 0.237536
Year 3 Year 4 Year 5 ₱ 225,498.63 0.197091
₱ 1,144,135.38 ₱ 1,368,515.47 ₱ 1,599,092.37 ₱ 224,380.09 0.163959
₱ 1,144,135.38 ₱ 1,368,515.47 ₱ 1,599,092.37 ₱ 230,576.89 0.144192
Projected Statement of Changes in Equity

1
2
3
4
5
Exhibit No. 2
Projected Statement of Financial Performanc
Sched No. Year 0 Year 1
Service Revenue 1 ₱ 10,751,590.45
Cost of Service 2 7,379,451.91
Gross Profit ₱ 3,372,138.54
Less: Operating Expenses
Salaries Expense 20 ₱ 1,170,000.00
SSS Expense 20 76,024.80
PhilHealth Expense 20 13,500.00
PAG-IBIG Expense 20 7,200.00
Supplies Expense 3 32,326.95 32,326.95
Advertising Expense 10 12,500.00 12,500.00
Depreciation 4 32,572.29
Repair and Maintenance 16 40,137.15
Rent Expense 11 300,000.00
Utilities Expense 13 128,174.40
Business Permits and Licenses 9 4,894.60 4,894.60
Communication Expense 12 47,988.00
Training and Seminars Expense 14 10,000.00 10,000.00
Other Expenses 8 6,400.00
Miscellaneous Expense 5 821.84 56,451.55
NOLCO 60,543.39
Total Operating Expenses ₱ 60,543.39 ₱ 1,998,713.13
Net Income Before Tax 1,373,425.41
Less: Tax (30%) 412,027.62
Net Income After Tax ₱ (60,543.39) ₱ 961,397.79
*Miscellaneous expense is 3% of operation expense

Gross Profit ₱ - ₱ 3,372,138.54 ₱ 3,278,958.63
Operating Expense ₱ 60,543.39 ₱ 1,998,713.13 ₱ 1,941,217.06
Net Income After Tax ₱ (60,543.39) ₱ 961,397.79 ₱ 936,419.10
Projected Statement of Financi

₱4,000,000.00
₱3,500,000.00
₱3,000,000.00
₱2,500,000.00
Projected Statement of Financi
₱4,000,000.00
₱3,500,000.00
₱3,000,000.00
₱2,500,000.00
₱2,000,000.00
₱1,500,000.00
₱1,000,000.00
₱500,000.00
₱-
-₱500,000.00
Exhibit No. 2
Fashion Retouch
ent of Financial Performance
₱ 10,966,622.26 ₱ 11,185,954.71 ₱ 11,409,673.80 ₱ 11,637,867.28
7,687,663.63 7,875,666.22 8,066,174.26 8,261,774.60
₱ 3,278,958.63 ₱ 3,310,288.49 ₱ 3,343,499.54 ₱ 3,376,092.67
₱ 1,170,000.00 ₱ 1,170,000.00 ₱ 1,193,400.00 ₱ 1,193,400.00

76,024.80 76,024.80 76,024.80 76,024.80
13,500.00 13,500.00 13,500.00 13,500.00
7,200.00 7,200.00 7,200.00 7,200.00
33,943.30 35,640.46 37,422.49 39,293.61
8,625.00 11,756.25 16,394.06 23,288.77
32,572.29 32,572.29 32,572.29 32,572.29
41,220.85 42,333.82 43,476.83 44,650.70
300,000.00 300,000.00 300,000.00 300,000.00
131,635.11 135,189.26 138,839.37 142,588.03
4,894.60 4,894.60 4,894.60 4,894.60
47,988.00 47,988.00 47,988.00 47,988.00
10,500.00 11,025.00 11,576.25 12,155.06
6,572.80 6,750.27 6,932.52 7,119.70
56,540.30 56,846.24 57,906.64 58,340.27
₱ 1,941,217.06 ₱ 1,951,720.99 ₱ 1,988,127.85 ₱ 2,003,015.83

1,337,741.58 1,358,567.50 1,355,371.70 1,373,076.84
401,322.47 407,570.25 406,611.51 411,923.05
₱ 936,419.10 ₱ 950,997.25 ₱ 948,760.19 ₱ 961,153.79
Year 3 Year 4 Year 5 -₱ 24,978.68 2

₱ 3,310,288.49 ₱ 3,343,499.54 ₱ 3,376,092.67 ₱ 14,578.15 3
₱ 1,951,720.99 ₱ 1,988,127.85 ₱ 2,003,015.83 -₱ 2,237.06 4
₱ 950,997.25 ₱ 948,760.19 ₱ 961,153.79 ₱ 12,393.60 5
ected Statement of Financial Performance

ected Statement of Financial Performance

₱ 3,510,000.00
4,758,728.12
-0.0266746837906
0.01532932726641
-0.0023578821836
0.01289450347111
-3%
-₱ 0.00
₱ 0.01
Exhibit No. 1
Projected Statement of Financial Position
Sched No. Year 0 Year 1 Year 2
Current Assets:
Cash ₱ 574,839.30 ₱ 2,242,640.36 ₱ 2,805,385.89
Prepaid Expense ₱ 27,394.60
Workshop Supplies ₱ 20,126.95 ₱ 20,126.95 ₱ 20,126.95
Inventory 133,830.53 140,120.57
Supplies Inventory 33,148.79
Total Current Assets ₱ 655,509.64 ₱ 2,396,597.84 ₱ 2,965,633.40
NonCurrent Assets
Equipment and Machinery 202,981.36 202,981.36 202,981.36

Workshop Equipment 88,390.00 88,390.00 88,390.00
Furniture and Fixtures 53,119.00 53,119.00 53,119.00
Accumulated Depreciation 46,512.34 93,024.69
Total NonCurrent Assets 344,490.36 297,978.02 251,465.67
Total Current and NonCurrent

Assets ₱ 1,000,000.00 ₱ 2,694,575.86 ₱ 3,217,099.08
Current Liabilies
SSS Payable 22 ₱9,460.00 ₱9,460.00
Philhealth Payable 22 ₱2,250.00 ₱2,250.00
Pag-ibig Payable 22 ₱1,200.00 ₱1,200.00
Withholding Tax Payable 22 ₱13,229.93 ₱13,229.93
Income Tax Payable 17 ₱103,006.91 ₱100,330.62
Vat Payable 18 1,164,574.62 1,253,355.02
Total Current Liabilities ₱ 1,293,721.46 ₱ 1,379,825.57
Tura, Capital ₱ 500,000.00 ₱ 700,427.20 ₱ 918,636.75

Sasuman, Capital ₱ 500,000.00 ₱ 700,427.20 ₱ 918,636.75
Total Equity ₱ 1,000,000.00 ₱ 1,400,854.40 ₱ 1,837,273.51
Total Liabilities and Equity ₱ 1,000,000.00 ₱ 2,694,575.86 ₱ 3,217,099.08
₱ - ₱ - ₱ -
₱ 1,694,575.86
₱ 522,523.22 0.162420618 Year 0 Year 1
₱ 477,718.33 Total Asset ₱ 1,000,000.00 ₱ 2,694,575.86
₱ 474,481.03 Total Liabilities ₱ - ₱ 1,293,721.46
₱ 488,199.83 Owner's Equity ₱ 1,000,000.00 ₱ 1,400,854.40
0.826670 1
0.284401 2 Projected Statem
0.208768 3 ₱5,000,000.00
0.173356 4
₱4,500,000.00
0.152649 5
₱4,000,000.00
₱3,500,000.00
₱3,000,000.00
₱2,500,000.00
₱2,000,000.00
₱1,500,000.00
₱1,000,000.00
₱500,000.00
₱-
Year 0 Year 1
h
al Position
₱ 3,325,779.78 ₱ 3,842,885.23 ₱ 4,373,605.56
₱ 20,126.95 ₱ 20,126.95 ₱ 20,126.95

143,957.35 147,845.27 151,837.12
₱ 3,489,864.08 ₱ 4,010,857.46 ₱ 4,545,569.63
202,981.36 202,981.36 202,981.36

88,390.00 88,390.00 88,390.00
53,119.00 53,119.00 53,119.00
139,537.03 186,049.37 232,561.72
204,953.33 158,440.99 111,928.64
₱ 3,694,817.41 ₱ 4,169,298.44 ₱ 4,657,498.27
₱9,460.00 ₱9,460.00 ₱9,460.00

₱2,250.00 ₱2,250.00 ₱2,250.00
₱1,200.00 ₱1,200.00 ₱1,200.00
₱13,229.93 ₱13,711.60 ₱13,711.60
₱101,892.56 ₱101,652.88 ₱102,980.76
1,278,514.16 1,303,993.02 1,329,711.18
₱ 1,406,546.65 ₱ 1,432,267.50 ₱ 1,459,313.54
₱ 1,144,135.38 ₱ 1,368,515.47 ₱ 1,599,092.37

₱ 1,144,135.38 ₱ 1,368,515.47 ₱ 1,599,092.37
₱ 2,288,270.76 ₱ 2,737,030.95 ₱ 3,198,184.74
₱ 3,694,817.41 ₱ 4,169,298.44 ₱ 4,657,498.27
₱ - ₱ - ₱ -

₱ 3,217,099.08 ₱ 3,694,817.41 ₱ 4,169,298.44 ₱ 4,657,498.27
₱ 1,379,825.57 ₱ 1,406,546.65 ₱ 1,432,267.50 ₱ 1,459,313.54
₱ 1,837,273.51 ₱ 2,288,270.76 ₱ 2,737,030.95 ₱ 3,198,184.74
Projected Statement of Financial Position

50000 ₱ 100,000.00 ₱ 150,000.00
₱ 199,670.00 ₱ 249,670.00
Current Ratio Debt Equ
Current
Current Assets Ratio
Liabilities
Year 1 2,396,597.84 1,293,721.46 1.85 Year 1
Year 2 2,965,633.40 1,379,825.57 2.15 Year 2
Year 3 3,489,864.08 1,406,546.65 2.48 Year 3
Year 4 4,010,857.46 1,432,267.50 2.80 Year 4
Year 5 4,545,569.63 1,459,313.54 3.11 Year 5
Return on Assets Return on I

Net Income Total Assets Ratio
Year 1 961,397.79 2,694,575.86 0.36 Year 1
Year 2 936,419.10 3,217,099.08 0.29 Year 2
Year 3 950,997.25 3,694,817.41 0.26 Year 3
Year 4 948,760.19 4,169,298.44 0.23 Year 4
Year 5 961,153.79 4,657,498.27 0.21 Year 5
Total Asset Turnover Return o

Revenue Total Assets Ratio
Year 1 10,751,590.45 2,694,575.86 3.99 Year 1
Year 2 10,966,622.26 3,217,099.08 3.41 Year 2
Year 3 11,185,954.71 3,694,817.41 3.03 Year 3
Year 4 11,409,673.80 4,169,298.44 2.74 Year 4
Year 5 11,637,867.28 4,657,498.27 2.50 Year 5
Rate of Return on Total Assets

5,000,000.00
4,500,000.00
4,000,000.00
3,500,000.00
3,000,000.00
2,500,000.00
2,000,000.00
1,500,000.00
1,000,000.00
500,000.00
3,500,000.00
3,000,000.00
2,500,000.00
2,000,000.00
1,500,000.00
1,000,000.00
500,000.00
-
Debt Equity Ratio
Total Liabilities Partner's Equity Ratio
1,293,721.46 1,400,854.40 0.92
Return on Invest
1,379,825.57 1,837,273.51 0.75 3,500,000.00
1,406,546.65 2,288,270.76 0.61 3,000,000.00
1,432,267.50 2,737,030.95 0.52 2,500,000.00
1,459,313.54 3,198,184.74 0.46 2,000,000.00
1,500,000.00
1,000,000.00
Return on Investment 500,000.00
Net Income Partners Equity Ratio -
961,397.79 1,400,854.40 0.69 Year 1 Year 2 Year
936,419.10 1,837,273.51 0.51
950,997.25 2,288,270.76 0.42
948,760.19 2,737,030.95 0.35
961,153.79 3,198,184.74 0.30
Return on Sales
R
Operating 14,000,000.00
Revenue Ratio 12,000,000.00
Income
10,000,000.00
1,373,425.41 10,751,590.45 0.13 8,000,000.00
1,337,741.58 10,966,622.26 0.12 6,000,000.00
1,358,567.50 11,185,954.71 0.12 4,000,000.00
2,000,000.00
1,355,371.70 11,409,673.80 0.12
-
1,373,076.84 11,637,867.28 0.12 Year 1 Ye
ets
Total Asset Turnover
14,000,000.00
12,000,000.00
10,000,000.00
8,000,000.00
6,000,000.00
4,000,000.00
2,000,000.00
12,000,000.00
10,000,000.00
8,000,000.00
6,000,000.00
4,000,000.00
2,000,000.00
-
Current
5,000,000.00
4,500,000.00
4,000,000.00
3,500,000.00
3,000,000.00
Return on Investment 2,500,000.00
2,000,000.00
1,500,000.00
1,000,000.00
500,000.00
-
Year 1 Year 2
Return on Sales
Debt to
et Turnover 3,500,000.00
3,000,000.00
2,500,000.00
2,000,000.00
1,500,000.00
1,000,000.00
500,000.00
2,500,000.00
2,000,000.00
1,500,000.00
1,000,000.00
500,000.00
-
Year 3 Year 4 Year 5 Year 1 Yea
Current Ratio
Debt to Equity Ratio

Table No. 12
Payback Period
Annual Cash Flow Unrecovered Cost
Year 0 ₱ (1,000,000.00)
Year 1 2,242,640.36 1,242,640.36
Payback Period is 4.46 months or approximately 4 months.

-0.445903

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No.

12 20 25 24 60 109 0.1154661017 7,749.51

d its electricity consumption

*Supplies expense increases by 5%.

TOTAL SUPPLIES EXPENSE ₱ 32,326.95 32,327

367.5 385.875 405.16875 425.4271875

₱ 262.50 ₱ 275.63 ₱ 289.41 ₱ 303.88

9276.75 9740.5875 10227.616875 10738.99771875

1,568.36 1,646.78 1,729.12 1,815.58

961.55 1,009.63 1,060.11 1,113.11

747.33 784.69 823.93 865.12

965.28 1,013.54 1,064.22 1,117.43

4,391.10 4,610.66 4,841.19 5,083.25

88.99 93.44 98.11 103.01

638.90 670.85 704.39 739.61

837.90 879.80 923.78 969.97

592.96 622.60 653.73 686.42

526.18 552.48 580.11 609.11

774.04 812.74 853.38 896.05

1,280.98 1,345.03 1,412.28 1,482.89

464.21 487.42 511.79 537.38

426.28 447.59 469.97 493.47

213.14 223.80 234.99 246.74

1,297.00 1,361.85 1,429.94 1,501.44

518.99 544.94 572.19 600.80

714.00 749.70 787.19 826.54

33,943 35,640 37,422 39,294

TOTAL 32,326.95 32,326.95 33,943.30 35,640.46

Equipment and Machineries

Furniture and Fixtures

High Quality DIY Double Pole Stainless Steel Clothes Rack 2

Equipment and Machineries

Furniture and Fixtures

2540 2,540 5 508.00 100%

650 1,300 5 260

FOH ADMIN 46,660.18

Total 13,940.05 32,572.29 13,940.05 32,572.29

13,940.05 32,572.29 13,940.05 32,572.29 13,940.05 32,572.29

Year 2 Year 3 Year 4 Year 5

1,746,763.58 1,793,926.20 1,842,362.20 1,892,105.98 219.4773

ers derived from the practical capacity.

Watt per Operating Daily Total

WCARH010EA Carrier 1HP

Water Consumption 10 cubics 19.50/cubi

Watt per Operating Daily Total

Acer Aspire TC 710 21.5” Core

LHR FHSM-700 Double Thread

Daily Monthly Yearly

6.5 195.00 2,340.00 100% 2,340.00

Daily Monthly Yearly

Total 101,755.86 105,356.31 109,104.37 113,006.11

12,846.60 13,193.46 13,549.68

5,474.04 5,621.84 5,773.63

401.85 412.70 423.84

Less: Input Tax 73,799.21 62,639.65 63,800.41

Annual Total Annual SSS

Annual Total Annual SSS

SSS PHILHEALTH PAG-IBIG

SSS PHILHEALTH PAG-IBIG

SSS PHILHEALTH PAG-IBIG

SSS PHILHEALTH PAG-IBIG

Withholding TOTAL DEDUCTION 13th Month

228,824.40 50,000.00 178,824.40 32,306.10