1 Selling price will increase by 10% every year.

2 The price of raw materials will increase by 5% every year.

3 Equipments' useful life is 5 years with no salvage value. It will be depreciated ung straight-line method.
4 Kitchen tools are depreciated using inventory method of depreciation.
5 Office supplies are replenished as needed.
6 Expenses for utilities will increase by 2% annually.
7 All Furnitures and Fixtures use Straight-line method of depreciation with the useful life of 5 years.
8 Increase of production by 5% every year.
ght-line method.
 TOTAL PROJECTED COST
Kitchen Tools PHP 4,491.00
Furnitures and Fixtures 8,650.00
Equipment 13,751.00
Office and Kitchen Supplies 5,040.00
Raw Materials 3,790.50
Packaging 1,427.00
Utilities 2,500.00
Permits and Licenses 2,200.00
Cleaning Materials 1,563.00
TOTAL PHP 43,412.50
 FINANCIER'S CONTRIBUTION
Share of Each Partner in the Capital
Tesnado, Capital PHP 7,235.42 16.67%
Lomeda, Capital 7,235.42 16.67%
Taduran, Capital 7,235.42 16.67%
Baino, Capital 7,235.42 16.67%
Hermilla, Capital 7,235.42 16.67%
Balilla, Capital 7,235.42 16.67%
TOTAL CAPITAL PHP 43,412.50 100.00%
 PROJECTED BAL

YEAR 1 YEAR 2
ASSETS Dr. Cr. Dr.
Cash PHP 49,140.06 PHP 115,720.07
Office Supplies 549.00 549.00
Other Supplies 1,563.00 1,563.00
Property, Plant and Equipment (Net) 22,411.80 17,931.60

LIABILITIES AND PARTNER'S EQUITY

Liabilities -
Partners' Equity
Tesnado, Capital 12,277.31
Lomeda, Capital 12,277.31
Taduran, Capital 12,277.31
Baino, Capital 12,277.31
Hermilla, Capital 12,277.31
Balilla, Capital 12,277.31
PhP73,663.86 PhP73,663.86 PhP135,763.67
 PROJECTED BALANCE SHEET

YEAR 2 YEAR 3 YEAR 4

Cr. Dr. Cr. Dr. Cr.
PHP 220,472.14 PHP 370,806.70
549.00 549.00
1,563.00 1,563.00
13,451.40 8,971.20

- - -

22,627.28 39,339.26 63,648.32

22,627.28 39,339.26 63,648.32
22,627.28 39,339.26 63,648.32
22,627.28 39,339.26 63,648.32
22,627.28 39,339.26 63,648.32
22,627.28 39,339.26 63,648.32
PhP135,763.67 PhP236,035.54 PhP236,035.54 PhP381,889.90 PhP381,889.90
 YEAR 5
Dr. Cr.
PHP 575,400.09
549.00
1,563.00
4,491.00

97,000.51
97,000.51
97,000.51
97,000.51
97,000.51
97,000.51
PhP582,003.09 PhP582,003.09
 PROJECTED INCOME STAT

YEAR 1 YEAR 2
Sales PHP 345,600.00
Less: Cost of Goods Sold
Raw Materials 181,944.00 200,593.26
Packaging 17,124.00 17,980.20
Allowance for Spoilage 1,819.44 2,005.93
Direct Materials 200,887.44 220,579.39
Direct Labor 43,200.00 43,200.00
Overhead 19,360.20 21,387.80
263,447.64
Gross Profit PHP 82,152.36
Less:
Salaries Expense 45,600.00 45,600.00
Supplies Expense 4,101.00 4,101.00
Permits and Licenses 2,200.00 51,901.00 2,200.00
Net Profit PHP 30,251.36
 PROJECTED INCOME STATEMENT

YEAR 2 YEAR 3 YEAR 4

PHP 399,168.00 PHP 461,039.04 PHP 532,500.09

221,154.07 243,822.36
18,879.21 19,823.17
2,211.54 2,438.22
242,244.82 266,083.76
43,200.00 43,200.00
23,421.35 25,460.98
285,167.19 308,866.17 334,744.73
PHP 114,000.81 PHP 152,172.87 PHP 197,755.36

45,600.00 45,600.00
4,101.00 4,101.00
51,901.00 2,200.00 51,901.00 2,200.00 51,901.00
PHP 62,099.81 PHP 100,271.87 PHP 145,854.36
 YEAR 5
PHP 615,037.61

268,814.15
20,814.33
2,688.14
292,316.62
43,200.00
27,506.79
363,023.41
PHP 252,014.19

45,600.00
4,101.00
2,200.00 51,901.00
PHP 200,113.19
 PROJECTED STATEMENT OF PARTN

Tesnado, Capital Lomeda, Capital

Beginning Balance PHP 7,235.42 PHP 7,235.42
Add: Share in Net Income (Loss) 5,041.89 5,041.89
Add: Additional Investment - -
Less: Withdrawals - -
Ending Balance, Year 1 PHP 12,277.31 PHP 12,277.31
Add: Share in Net Income (Loss) 10,349.97 10,349.97
Add: Additional Investment - -
Less: Withdrawals - -
Ending Balance, Year 2 PHP 22,627.28 PHP 22,627.28
Add: Share in Net Income (Loss) 16,711.98 16,711.98
Add: Additional Investment - -
Less: Withdrawals - -
Ending Balance, Year 3 PHP 39,339.26 PHP 39,339.26
Add: Share in Net Income (Loss) 24,309.06 24,309.06
Add: Additional Investment - -
Less: Withdrawals - -
Ending Balance, Year 4 PHP 63,648.32 PHP 63,648.32
Add: Share in Net Income (Loss) 33,352.20 33,352.20
Add: Additional Investment - -
Less: Withdrawals - -
Ending Balance, Year 5 PHP 97,000.51 PHP 97,000.51
PROJECTED STATEMENT OF PARTNER'S EQUITY

Taduran, Capital Baino, Capital Hermilla, Capital Balilla, Capital

PHP 7,235.42 PHP 7,235.42 PHP 7,235.42 PHP 7,235.42
5,041.89 5,041.89 5,041.89 5,041.89
- - - -
- - - -
PHP 12,277.31 PHP 12,277.31 PHP 12,277.31 PHP 12,277.31
10,349.97 10,349.97 10,349.97 10,349.97
- - -
- - -
PHP 22,627.28 PHP 22,627.28 PHP 22,627.28 PHP 22,627.28
16,711.98 16,711.98 16,711.98 16,711.98
- - -
- - -
PHP 39,339.26 PHP 39,339.26 PHP 39,339.26 PHP 39,339.26
24,309.06 24,309.06 24,309.06 24,309.06
- - -
- - -
PHP 63,648.32 PHP 63,648.32 PHP 63,648.32 PHP 63,648.32
33,352.20 33,352.20 33,352.20 33,352.20
- - -
- - -
PHP 97,000.51 PHP 97,000.51 PHP 97,000.51 PHP 97,000.51
 Total Capital
PHP 43,412.50
30,251.36
PHP -
-
PHP 73,663.86
62,099.81
PHP -
-
PHP 113,136.39
100,271.87
PHP -
-
PHP 196,696.28
145,854.36
PHP -
-
PHP 318,241.58
200,113.19
PHP -
-
PHP 582,003.09
 PROJECTED STATEMENT OF CASH FLOWS

YEAR 1 YEAR 2
Net Income 30,251.36 62,099.81
Depreciation 4,480.20 4,480.20
Decrease (Increase) in Office Supplies (549.00) -
Decrease (Increase) in Other Supplies (1,563.00) -
Cash inflow (outflow) as a result of operations 32,619.56 66,580.01

Capital Expenditures (26,892.00) -

Cash inflow (outflow) from Investing Activities (26,892.00) -

Partners additional investments (withdrawals) 0.00 0.00

Cash inflow (outflow) from Financing Activities 0.00 0.00

Net cash increase (decrease) for the period 5,727.56 66,580.01

Beginning cash balance 43,412.50 49,140.06
ENDING CASH BALANCES PhP49,140.06 PhP115,720.07
CASH FLOWS

YEAR 3 YEAR 4 YEAR 5

100,271.87 145,854.36 200,113.19
4,480.20 4,480.20 4,480.20
- - -
- - -
104,752.07 150,334.56 204,593.39

- - -
- - -

0.00 0.00 0.00

0.00 0.00 0.00

104,752.07 150,334.56 204,593.39

115,720.07 220,472.14 370,806.70
PhP220,472.14 PhP370,806.70 PhP575,400.09
Return on Investment YEAR 1 YEAR 2

Net Income PHP 30,251.36 PHP 62,099.81

Total Assets 73,663.86 135,763.67
Return on Investment 41.07% 45.74%

Payback Period

Investment PHP 43,412.50

Cash Inflow 32,619.56
Payback Period 1.33 year

YEAR 1 YEAR 2
Average UCM 2.84 3.28
Operating Expenses 51,901.00 51,901.00
Breakeven Point in Units Original 6,089 5,269
Breakeven Point in Sales Original 36,533.92 34,776.53

Selling Price Original 6.00 6.60

Unit Cost Original 3.16 3.32
 YEAR 3 YEAR 4 YEAR 5

PHP 100,271.87 PHP 145,854.36 PHP 200,113.19

236,035.54 381,889.90 582,003.09
42.48% 38.19% 34.38%

1 year and 4 months

YEAR 3 YEAR 4 YEAR 5

3.78 4.33 4.95
51,901.00 51,901.00 51,901.00
4,580 3,996 3,498
33,249.81 31,912.50 30,732.63
*Discrepancy in Amount is due to rounding off

7.26 7.99 8.78

3.48 3.66 3.84
 Quantity Unit Unit Cost
Record book 1 pc PHP 50.00

Office Supplies
Thermal paper 5 rolls 27.00
Calculator 1 pc 299.00
Notepad 1 pc 20.00
Ball pen 3 pcs 15.00
TOTAL

Office Supplies are replenished as needed.

Quantity Unit Unit Cost

Measuring cup 1 set PHP 119.00
Measuring spoon 1 set 95.00
Knife 2 pcs 80.00
Food processor 1 pcs 200.00
Kitchen Tools and Supplies

Kitchen scale 1 pcs 435.00

Mixing bowl 1 pcs 235.00
Casserole 1 pcs 599.00
Chopping board 2 pccs 130.00
Hairnet 6 pcs 18.00
Apron 6 pcs 100.00
Plastic gloves 1 pack 30.00
Steamer 1 pc 1,500.00
Tong 1 pc 150.00
TOTAL

Kitchen Tools use inventory method of depreciation.

Quantity Unit Unit Cost

Dishwashing liquid 2 bottles PHP 45.00
Sponge 3 pcs PHP 18.00
Towel 3 pcs PHP 15.00
Cleaning Materials

Spray bottle 1 pc PHP 45.00

Trash Can 2 pcs PHP 125.00
Garbage Bag 1 roll PHP 45.00
Mop 1 pc PHP 499.00
Broom with dustpan 1 pc PHP 120.00
Hand sanitizer 1 bottle PHP 300.00
Rubber gloves 1 pack 115.00
TOTAL
 Quantity Unit Unit Cost
Dish-washing Liquid 12 liters PHP 50.00

Cleaning
Supplies
Sponge 12 pcs 25.00
Garbage Bag 12 dozens 21.00
TOTAL

Quantity Unit Unit Cost

Mask 12 boxes PHP 35.00
Disposable Plastic Gloves 12 packs 18.00
Production
Supplies

Apron 12 Pieces 95.00

Pot Holder 12 Pieces 10.00
Hairnet 18 pieces 28.00
TOTAL

Equipment
LPG
Equipment

Gas Stove
Refrigerator
Acc. Dep.
CARRYING AMOUNT

Equipments use Straight-line method of depreciation with the useful life of 5 years and with no salvage value.

Furnitures and Fixtures

Table
Furniture

Fixtures
s and

Chair
Acc. Dep.
CARRYING AMOUNT

All Furnitures and Fixtures use Straight-line method of depreciation with the useful life of 5 years and with no salva

Monthly
Overhead
Overhead

Water PHP 240.00

Electricity 800.00
Load allowance 200.00
TOTAL PHP 1,240.00

Expenses for utilities will increase by 2% annually.

Salaries Monthly Salary

General Manager PHP 1,400.00
Sales and Marketing Officer 1,200.00
Direct Labor

Operations Officer 1,200.00

Direct Labor
Financial Officer 1,200.00
Production Officer 1,200.00
Quality Control Officer 1,200.00
TOTAL PHP 7,400.00

Mayor’s permit
Permits and Licenses

Sanitary permit
Fire Inspection Fee
Bureau of Internal Revenue (BIR)
Department of Trade and Industry (DTI)
Garbage Fee
TOTAL

Ingredients Quantity Unit Unit Cost

Tofu 2 kgs PHP 100.00
Sesame oil 1 bottle 66.00
Iodized salt 1 pack 18.00
Carrots 1/2 kgs 100.00
Ground pepper 1 pack 34.00
Onion 1/4 kg 200.00
Garlic 1/4 kg 100.00
Spring onion 2 packs 10.00
Celery 2 stalks 10.00
Raw Materials

Egg 4 eggs 8.00

Cheese 1 box 153.00
Mushroom 2 packs 59.00
Bell pepper 1/4 kg 200.00
Sugar 1/4 kg 110.00
Chili 1/4 kg 160.00
Cooking oil 1 kg 85.00
Cabbage 1/2 kg 90.00
Moringga 1 bundle 10.00
Siomai Wrapper 4 packs 55.00
Total
Yields
Unit
UNIT COST

Quantity Unit Unit Cost

Plastic Food Container 1 pack PHP 254.00
Packaging

Plastic Sauce Cup 1 pack PHP 198.00

Waterproof Vinyl Sticker 5 packs PHP 195.00
 Packaging
TOTAL
 YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
PHP 50.00 PHP 50.00 PHP 50.00 PHP 50.00 PHP 50.00
135.00 135.00 135.00 135.00 135.00
299.00 299.00 299.00 299.00 299.00
20.00 20.00 20.00 20.00 20.00
45.00 45.00 45.00 45.00 45.00
PHP 549.00 PHP 549.00 PHP 549.00 PHP 549.00 PHP 549.00

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

PHP 119.00 PHP 119.00 PHP 119.00 PHP 119.00 PHP 119.00
95.00 95.00 95.00 95.00 95.00
160.00 160.00 160.00 160.00 160.00
200.00 200.00 200.00 200.00 200.00
435.00 435.00 435.00 435.00 435.00
235.00 235.00 235.00 235.00 235.00
599.00 599.00 599.00 599.00 599.00
260.00 260.00 260.00 260.00 260.00
108.00 108.00 108.00 108.00 108.00
600.00 600.00 600.00 600.00 600.00
30.00 30.00 30.00 30.00 30.00
1,500.00 1,500.00 1,500.00 1,500.00 1,500.00
150.00 150.00 150.00 150.00 150.00
PhP4,491.00 PhP4,491.00 PhP4,491.00 PhP4,491.00 PhP4,491.00

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

PHP 90.00 PHP 90.00 PHP 90.00 PHP 90.00 PHP 90.00
PHP 54.00 PHP 54.00 PHP 54.00 PHP 54.00 PHP 54.00
PHP 45.00 PHP 45.00 PHP 45.00 PHP 45.00 PHP 45.00
PHP 45.00 PHP 45.00 PHP 45.00 PHP 45.00 PHP 45.00
PHP 250.00 PHP 250.00 PHP 250.00 PHP 250.00 PHP 250.00
PHP 45.00 PHP 45.00 PHP 45.00 PHP 45.00 PHP 45.00
PHP 499.00 PHP 499.00 PHP 499.00 PHP 499.00 PHP 499.00
PHP 120.00 PHP 120.00 PHP 120.00 PHP 120.00 PHP 120.00
PHP 300.00 PHP 300.00 PHP 300.00 PHP 300.00 PHP 300.00
115.00 115.00 115.00 115.00 115.00
PHP 1,563.00 PHP 1,563.00 PHP 1,563.00 PHP 1,563.00 PHP 1,563.00
 YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
PHP 600.00 PHP 600.00 PHP 600.00 PHP 600.00 PHP 600.00
300.00 300.00 300.00 300.00 300.00
252.00 252.00 252.00 252.00 252.00
PHP 1,152.00 PHP 1,152.00 PHP 1,152.00 PHP 1,152.00 PHP 1,152.00

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

PHP 420.00 PHP 420.00 PHP 420.00 PHP 420.00 PHP 420.00
216.00 216.00 216.00 216.00 216.00
1,140.00 1,140.00 1,140.00 1,140.00 1,140.00
120.00 120.00 120.00 120.00 120.00
504.00 504.00 504.00 504.00 504.00
PHP 2,400.00 PHP 2,400.00 PHP 2,400.00 PHP 2,400.00 PHP 2,400.00

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

PHP 1,200.00 PHP 1,200.00 PHP 1,200.00 PHP 1,200.00 PHP 1,200.00
995.00 995.00 995.00 995.00 995.00
11,556.00 11,556.00 11,556.00 11,556.00 11,556.00
(2,750.20) (5,500.40) (8,250.60) (11,000.80) (13,751.00)
PhP11,000.80 PhP8,250.60 PhP5,500.40 PhP2,750.20 PhP0.00

f 5 years and with no salvage value.

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

1,450.00 1,450.00 1,450.00 1,450.00 1,450.00
7,200.00 7,200.00 7,200.00 7,200.00 7,200.00
(1,730.00) (3,460.00) (5,190.00) (6,920.00) (8,650.00)
PhP6,920.00 PhP5,190.00 PhP3,460.00 PhP1,730.00 PhP0.00

he useful life of 5 years and with no salvage value.

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

PHP 2,880.00 PHP 2,937.60 PHP 2,996.35 PHP 3,056.28 PHP 3,117.40
9,600.00 9,792.00 9,987.84 10,187.60 10,391.35
2,400.00 2,448.00 2,496.96 2,546.90 2,597.84
PhP14,880.00 PhP15,177.60 PhP15,481.15 PhP15,790.78 PhP16,106.59

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

PHP 16,800.00 PHP 16,800.00 PHP 16,800.00 PHP 16,800.00 PHP 16,800.00
14,400.00 14,400.00 14,400.00 14,400.00 14,400.00
14,400.00 14,400.00 14,400.00 14,400.00 14,400.00
 14,400.00 14,400.00 14,400.00 14,400.00 14,400.00
14,400.00 14,400.00 14,400.00 14,400.00 14,400.00
14,400.00 14,400.00 14,400.00 14,400.00 14,400.00
PHP 88,800.00 PHP 88,800.00 PHP 88,800.00 PHP 88,800.00 PHP 88,800.00

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

300.00 300.00 300.00 300.00 300.00
150.00 150.00 150.00 150.00 150.00
100.00 100.00 100.00 100.00 100.00
850.00 850.00 850.00 850.00 850.00
700.00 700.00 700.00 700.00 700.00
100.00 100.00 100.00 100.00 100.00
PHP 2,200.00 PHP 2,200.00 PHP 2,200.00 PHP 2,200.00 PHP 2,200.00

PER RECIPE PER DAY PER WEEK PER MONTH PER YEAR
PHP 200.00 PHP 200.00 PHP 400.00 PHP 1,600.00 PHP 19,200.00
66.00 66.00 132.00 528.00 6,336.00
18.00 18.00 36.00 144.00 1,728.00
50.00 50.00 100.00 400.00 4,800.00
34.00 34.00 68.00 272.00 3,264.00
50.00 50.00 100.00 400.00 4,800.00
25.00 25.00 50.00 200.00 2,400.00
20.00 20.00 40.00 160.00 1,920.00
20.00 20.00 40.00 160.00 1,920.00
32.00 32.00 64.00 256.00 3,072.00
153.00 153.00 306.00 1,224.00 14,688.00
118.00 118.00 236.00 944.00 11,328.00
50.00 50.00 100.00 400.00 4,800.00
27.50 27.50 55.00 220.00 2,640.00
40.00 40.00 80.00 320.00 3,840.00
85.00 85.00 170.00 680.00 8,160.00
45.00 45.00 90.00 360.00 4,320.00
10.00 10.00 20.00 80.00 960.00
220.00 220.00 440.00 1,760.00 21,120.00
PHP 1,263.50 PHP 1,263.50 PHP 3,790.50 PHP 15,162.00 PHP 181,944.00
400 400.00 1,200.00 4,800.00 57,600.00
pcs pcs pcs pcs pcs
PHP 3.16 PHP 3.16 PHP 3.16 PHP 3.16 PHP 3.16

PER MONTH PER YEAR

PHP 254.00 PHP 3,048.00
PHP 198.00 PHP 2,376.00
975.00 11,700.00
PHP 1,427.00 PHP 1,427.00 PHP 17,124.00
Direct Materials Base YEAR 1 YEAR 2 YEAR 3
Raw Materials 15,162.00 PHP 181,944.00 PHP 200,593.26 PHP 221,154.07
Spoilage 34.74 1,819.44 2,005.93 2,211.54
Packaging #NAME? #NAME? 17,980.20 18,879.21
TOTAL #NAME? PHP 220,579.39 PHP 242,244.82

Direct Labor Base YEAR 1 YEAR 2 YEAR 3

Cost of Labor 3,600.00 PHP 43,200.00 PHP 43,200.00 PHP 43,200.00
TOTAL PHP 43,200.00 PHP 43,200.00 PHP 43,200.00

Overhead Base YEAR 1 YEAR 2 YEAR 3

Utilities Expense 1,240.00 PHP 14,880.00 PHP 15,177.60 PHP 15,481.15
Depreciation 373.35 4,480.20 4,480.20 4,480.20
TOTAL PHP 19,360.20 PHP 19,657.80 PHP 19,961.35

Expenses Base YEAR 1 YEAR 2 YEAR 3

Office Supplies 549.00 PHP 4,101.00 PHP 4,101.00 PHP 4,101.00
Permits and Licenses 2,200.00 2,200.00 2,200.00 2,200.00
TOTAL PHP 6,301.00 PHP 6,301.00 PHP 6,301.00

Accumulated Dep. Base YEAR 1 YEAR 2 YEAR 3

Equipment 373.35 PHP 4,480.20 PHP 5,500.40 PHP 8,250.60
TOTAL PHP 4,480.20 PHP 5,500.40 PHP 8,250.60
 YEAR 4 YEAR 5
PHP 243,822.36 PHP 268,814.15
2,438.22 2,688.14
19,823.17 20,814.33
PHP 266,083.76 PHP 292,316.62

YEAR 4 YEAR 5
PHP 43,200.00 PHP 43,200.00
PHP 43,200.00 PHP 43,200.00

YEAR 4 YEAR 5
PHP 15,790.78 PHP 16,106.59
4,480.20 4,480.20
PHP 20,270.98 PHP 20,586.79

YEAR 4 YEAR 5
PHP 4,101.00 PHP 4,101.00
2,200.00 2,200.00
PHP 6,301.00 PHP 6,301.00

YEAR 4 YEAR 5
PHP 11,000.80 PHP 13,751.00
PHP 11,000.80 PHP 13,751.00