Assumptions.

1. Annual Growth rate was 3.37% based on the study of Demand and Supply.
Annual sales will be based on the market demand of Honey which is 95%,
Propolis extract 69%, Pollen Grains 34%, Soap 82%, and Candle 55%.
2. Computation of The Cost of Sales of 75% was based on salaries, while the
25% will be allocated to the selling and administrative expenses.
3. There is a projected 3.8% increase in salary on the 4 th year based on average
inflation rate.
4. Salaries of General manager, Marketing Manager, Finance Manager, Human
Resource Manager, Secretary, Payroll Check, Internal Auditor, HR Associate,
Advertising Personnel and Guard will be part of selling and administrative
expense.
5. The companys supplies usage will increase in 30% and will purchase another
supplies with the percentage of 40% per annum.
6. The company decided to acquire the land with a 1,505 sqm in full payment.
7. There is a 20% increase in electricity consumption and a 10% (increase) in
water consumption per annum.
8. There is a P100,000 allocated cost for advertisement every year based on the
Strategic Plan.
9. P500,000 is allocated for repairs and maintenance every year.
10.The honeybees death rate is 28% while its growth rate is 45%.
11.The flowers mortality rate is 4%.
12.There will be a 30% mark-up for every product of the business.
13.The companys electricity consumption will increase in 20% and in water
consumption will increase in 10% per annum.