Legal Requirements Annual Expenses

(Taxes and Licenses)

Requirements
Community Tax Certificate
(Individual)
Barangay Business Clearance
Notarized Application Form
Issued Sanitary Permit
BFP Fire Certificate
Mayors Permit
DTI Registration
Bureau of Internal Revenue
Registration (BIR)
BFAD Registration
Total

Salaries (2 employees)
Minimum Wage -429
Monthly 20,592
Annual 247,104
5% increase annual
Benefits (2 employees)
Sss - 14,304
Philhealth 2,400
Pag-ibig 2,400
13th month 20,592
5% increase annual
Office Supplies
Log Book 100 * 24 = 2,400
Receipts 50 * 24 = 1,200
Other supplies = 2,000
Machineries & Equipment

Year 1 (2016)

Year 2
(2017)

Year 3
(2018)

25.00

25.00

25.00

500.00
250.00
1000.00
100.00
17000.00
1500.00

500.00
0.00
1000.00
100.00
17000.00
0.00

500.00
0.00
1000.00
100.00
17000.00
0.00

500.00

500.00

500.00

3200.00
24,075.00

200.00
19,325.00

6200.00
25,325.00

Item

Salvage
Value 10%

Php

Oven Range
(2)
Electric
Fryer (2)
Baking or
Rolling Pin
(10)
Pizza Cutter
(10)
Measuring
Cup (10)
Mixing
Bowls (10)
Knife (20)
Spatula,
wooden
spoons and
knife (10
sets)
Total

Depreciation
(for 5 years)

Annual
Dep

20,000

2000

18000

3600

10,000

1000

9000

1800

1,500

150

1350

270

900

90

810

162

1000

100

900

180

2000

200

1800

360

450

45

405

81

2000

200

1800

360

37,850

3,785

34,065

6,813

Rent Expense
Monthly 5,000
Annual 60,000
*5% increase annual
Cost of Good Sold
Items
Price
Ham
100
Cheese
220
Tomato
75
Sauce
Oil
100
Pineapple
45
Tidbits
Bell pepper
130
Onion
65
Pepperoni
120
Dough
240

Weight
250 grams
950 grams
1 kg

Price
20
11.58
7.5

Weight
50 grams
50 grams
100 grams

1 liters
450 grams

5
5

0.05 liters
50 grams

1 kg
1 kg
250 grams
2 dozen

6.5
3.25
24
10

50 grams
50 grams
50 grams
1 dough

Tomato
Lettuce
Mushroom

30
50
100

1 kg
250 grams
500 grams

Variety 1
Oil
Tomato Sauce
Dough
Ham
Cheese
pineapple
Total

5
7.5
10
20
11.58
5
59.08

Variety 2
Oil
Tomato Sauce
Dough
Bell pepper
Onion
Pepperoni
Total

5
7.5
10
6.5
3.25
24
56.25

Variety 3
Oil
Tomato Sauce
Dough
Tomato
Lettuce
Mushroom
Total

5
7.5
10
1.5
10
10
44

V1 = 59.08
V2 = 56.25
V3 = 44
Average = 53.11 / cost per pizza
Number of Pizza = 13,824
Annual Cost = 734,192.64
*5% increase anually

1.5
10
10

50 grams
50 grams
50 grams

SALES
price
Veggie
1 meat
capacity
daily

daily
150
180

monthly
14
34

336
816

48

annually

4032
604800
9792 1762560
13824

*5% increase annually

Breakdown of Vatables

Sales
Raw
Materials

2016 VAT
Exclusive
2,367,360. 253,645.7 2,113,714.
00
1
29
734,192.6
655,529.1
4 78,663.50
4

2017 VAT
Exclusive
2,485,728. 266,328.0
2,219,400.
00
0
00
770,902.2
7 82,596.67 688,305.60
2018 VAT
Exclusive
2,610,014. 279,644.4
2,330,370.
40
0
00
809,447.3
9 86,726.51 722,720.88

Sales

2367360