Office

Equipment
Particulars Quantity Purchase Price in (Php) VAT Inclusive
Room Air Conditioner 1 14,999.00 14,999.00
Printer/Scanner/Photocopying 1 5,950.00 5,950.00
Laptop 3 18,499.00 55,497.00
Oven with coffee maker 1 2,042.00 2,042.00
Water Dispenser 1 4,490.00 4,490.00
Total 82,978.00

Furniture and Fixture

Particulars Quantity Purchase price (in ₱ ) VAT Inclusive
Long Desk 1 11,800.00 11,800.00
Managing Partner's Table 1 4,270.00 4,270.00
Swivel Chair 5 2,800.00 14,000.00
Office Visitor Chair 2 1,350.00 2,700.00
Filing Cabinet 1 2,933.00 2,933.00
Inclusive of VAT 35,703.00

Office Supplies
Particulars Quantity Purchase Price
VAT Inclusive
Pens 40 14.75 590.00
Pencils (pack of 5) 9 65.75 591.75
Pen holder 4 150.00 600.00
Desktop Sharpener 1 494.75 494.75
Light Bulb 4 124.25 497.00
Fluorescent Lamp 2 587.00 1,174.00
Highlighters 5 36.75 183.75
Permanent Markers 5 49.50 247.50
Scissors 3 57.50 172.50
Paper clips (set of 121 pcs.) 2 80.00 160.00
Paper clip holder 1 110.00 110.00
Stapler 2 132.00 264.00
Staple wires (box of 1000) 10 9.00 90.00
Tape dispenser 2 160.00 320.00
Tape 6 24.75 148.50
Rubber bands (pack of 50) 2 19.75 39.50
Calculators 2 430.00 860.00
Desk Organizer 3 627.00 1,881.00
Envelopes 100 4.35 435.00
Sticky notes 15 29.00 435.00
Bond paper (ream of 500) 4 191.00 764.00
Printer ink 8 432.00 3,456.00
Folders 50 14.50 725.00
Desk Calendar 3 199.00 597.00
White Board (18x24 inc.) 1 599.00 599.00
Cork board (17x23 inc.) 1 519.75 519.75
White Board Marker 3 53.25 159.75
Pushpins (box of 30) 3 12.50 37.50
Total 16,152.25

Sanitation and Safety supplies

Particulars Quantity Purchase price (in ₱ ) VAT Inclusive
Tissue (10 rolls) 1 50.00 50.00
Fire Extinguisher 1 1,200.00 1,200.00
First Aid kit 1 500.00 500.00
Inclusive of VAT 1,750.00
VAT Exclusive Useful Life Depreciation
13,391.96 10.00 1,339.20
5,312.50 10.00 531.25
49,550.89 5.00 9,910.18
1,823.21 5.00 364.64
4,008.93 8.00 501.12
74,087.50 12,646.38

VAT Exclusive Useful Life Depreciation

10,535.71 10 1,053.57
3,812.50 10 381.25
12,500.00 10 1,250.00
2,410.71 10 241.07
2,618.75 10 261.88
31,877.68 3,187.77

Inflation
1.04
rate
2018
Purchase
Supplie Expense Quantity
VAT Exclusive Price
526.79 30.00 442.50 40 15.28
528.35 6.00 394.50 9 68.12
535.71 4.00 600.00
441.74 1.00 494.75
443.75 4.00 497.00 4 128.723
1,048.21 2.00 1,174.00
164.06 3.00 110.25 5 38.07
220.98 3.00 148.50 5 51.28
154.02 3.00 172.50
142.86 1.00 80.00 2 82.88
98.21 1.00 110.00
235.71 1.00 132.00
80.36 5.00 45.00 10 9.32
285.71 2.00 320.00
132.59 4.00 99.00 6 25.64
35.27 1.00 19.75 2 20.46
767.86 2.00 860.00
1,679.46 3.00 1,881.00
388.39 52.00 226.20 100 4.51
 388.39 10.00 290.00 15 30.04
682.14 3.00 573.00 4 197.88
3,085.71 4.00 1,728.00 8 447.55
647.32 32.00 464.00 50 15.022
533.04 3.00 597.00 3 206.164
534.82 1.00 599.00
464.06 1.00 519.75
142.63 2.00 106.50 3 55.167
33.48 1.00 12.50 3 12.95
14,421.65 12,696.70 (beginning)

VAT Exclusive EXPENSE

44.64 OFFICE SUPPLIES Inventory
1,071.43
446.43
1,562.50
 2019
Supplie Expense Quantity
VAT Inclusive VAT Exclusive
611.24 545.75 40
613.05 547.37 9
- -
- -
514.89 459.73 4
- -
190.37 169.97 5
256.41 228.94 5
- -
165.76 148.00 2
- -
- -
93.24 83.25 10
- -
153.85 137.36 6
40.92 36.54 2
- -
- -
450.66 402.38 100
 450.66 402.38 15
791.50 706.70 4
3,580.42 3,196.80 8
751.10 670.63 50
618.49 552.23 3
- -
- -
165.50 147.77 3
38.85 34.69 3
1,724.95 (beginning)
9,486.91 10195.41 8156.33

ES Inventory
 1.038
2020
Purchase Price Supplie Expense Quantity
VAT Inclusive VAT Exclusive
15.86 634.47 566.49 40
70.71 636.35 568.17 9

- -
133.61 534.46 477.19 4
- -
39.52 197.60 176.43 5
53.23 266.15 237.64 5
- -
86.03 172.06 153.62 2
- -
- -
9.68 96.78 86.41 10
- -
26.62 159.69 142.58 6
21.24 42.48 37.93 2
- -
- -
4.68 467.79 417.67 100
 31.19 467.79 417.67 15
205.40 821.58 733.55 4
464.56 3,716.47 3,318.28 8
15.59 779.64 696.11 50
214.00 641.99 573.21 3
- -
- -
57.26 171.79 153.38 3
13.44 40.33 36.01 3
2,039.08 (beginning)
9,847.41 10831.42 8665.13
 1.04
2021
Supplie
Purchase Price Quantity
VAT Inclusive VAT Exclusive Expense
16.50 659.85 589.15 40
73.53 661.80 590.90 9

- -
138.96 555.84 496.28 4
- -
41.10 205.50 183.48 5
55.36 276.80 247.14 5
- -
89.47 178.94 159.77 2
- -
- -
10.07 100.65 89.87 10
- -
27.68 166.08 148.29 6
22.09 44.18 39.44 2
- -
- -
4.86 486.50 434.37 100
 32.43 486.50 434.37 15
213.61 854.44 762.90 4
483.14 3,865.13 3,451.01 8
16.22 810.83 723.95 50
222.56 667.67 596.14 3
- -
- -
59.55 178.66 159.52 3
13.98 41.94 37.45 3
(beginning) 2,166.28 (beginning)
10,241.31 11310.31 9048.25
 1.042
2022
Supplie
Purchase Price
VAT Inclusive VAT Exclusive Expense
17.19 687.56 613.89
76.62 689.60 615.71

- -
144.80 579.18 517.13
- -
42.83 214.13 191.19
57.69 288.43 257.52
- -
93.23 186.46 166.48
- -
- -
10.49 104.88 93.64
- -
28.84 173.06 154.51
23.02 46.03 41.10
- -
- -
5.07 506.93 452.62
 33.80 506.93 452.62
222.58 890.33 794.94
503.43 4,027.47 3,595.95
16.90 844.88 754.36
231.91 695.72 621.18
- -
- -
62.06 186.17 166.22
14.57 43.70 39.02
2,262.06
10,671.45 11790.14 9432.11
Production Equipment
Particulars Quantity Purchase Price in (Php)
Sewing Machine- Fully Assembled 4 24,000.00
Fabric Steamer 1 3,024.00
Room Exhaust Fan 1 2,420.00
Fabric Rotary Board 1 4,135.00
Industrial Orbit Fan 1 2,949.75
Total

Production Tools and Supplies

Particulars Quantity Purchase Price in (Php)
Fabric Rotary Cutter 1 520.00
Scissor 3 568.20
Pin Cushion (3pcs/pack) 1 16.00
Bobbins 5 20.00

Metallic Measuring tools- Variation 2 500.00

Tape Measure 5 4.00
Emery Bag 5 5.00
Sewing Machine Needles (1000pcs/box) 1 500.00
Polyester Sewing Thread- Color Variants 20 29.00
Pins/Aspile 50pcs/box 3 25.00
Tailor's Chalk 10 5.00
Clear Package Zip Lock (MOQ 100 pieces) 2500 3.00
Box 4 50.00
Manila Paper 20 5.00
Basin 3 175.00
Monoblock Chair 5 399.00
20
Plastic Hanger 10.00
Fluorescent Lamp 1 587.00
Light Bulb 4 83.00
Total
 Sanitation and Safety supplies
Particulars Quantity Purchase price (in ₱ )
Mop 1 200.00
Dustpan 1 45.00
Broom 1 60.00
Tissue (10 rolls) 1 50.00
Fire Extinguisher 1 1,200.00
First Aid kit 1 500.00
Inclusive of VAT
VAT Inclusive VAT Exclusive Useful Life Depreciation
96,000.00 85,714.29 15.00 5,714.29
3,024.00 2,700.00 5.00 540.00
2,420.00 2,160.71 12.00 180.06
4,135.00 3,691.96 10.00 369.20
2,949.75 2,633.71 10.00 263.37
108,528.75 96,900.67 7,066.91

VAT Inclusive VAT Exclusive

520.00 464.29 used 50.00
1,704.60 1,521.96
16.00 14.29
100.00 89.29

1,000.00 892.86
20.00 17.86
25.00 22.32
500.00 446.43
580.00 517.86
75.00 66.96
50.00 44.64
7,500.00 6,696.43
200.00 178.57
100.00 89.29
525.00 468.75
1,995.00 1,781.25

200.00 178.57
587.00 524.11
332.00 296.43
16,029.60 14,312.14
VAT Inclusive VAT Exclusive
200.00 178.57
45.00 40.18
60.00 53.57
50.00 44.64
1,200.00 1,071.43
500.00 446.43
2,055.00 1,834.82
Pre Operating 2017
Production Tools and Supplies
Fabric Rotary Cutter 1 520.00
Scissor 1 568.20
Metallic Measuring tools- Variation 1 500.00
Tape Measure 1 4.00
Polyester Sewing Thread- Color Var 0.25 500.00
Tailor's Chalk 1 5.00
Manila Paper 3 5.00
aspile 1 25.00

2018
Particulars Quantity Purchase Price in (Php)

1
Pin Cushion (3pcs/pack) 16.00
Bobbins 5 20.00
Emery Bag 5 5.00
Sewing Machine Needles 100 0.50
Polyester Sewing Thread- Color Var 19.75 29.00
Pins/Aspile 50pcs/box 2 25.00
Tailor's Chalk 9 5.00

Box 4 50.00
Manila Paper 5 5
Basin 3 175.00
Monoblock Chair 5 399.00
Plastic Hanger 20 10.00
Fluorescent Lamp 1 587.00
Light Bulb 4 83.00
Total

Production Equipment
Particulars Quantity Purchase Price in (Php)
Sewing Machine- Fully Assembled 4 24,000.00
Fabric Steamer 1 3,024.00
Room Exhaust Fan 1 2,420.00
Fabric Rotary Board 1 4,135.00
Industrial Orbit Fan 1 2,949.75
Total
Sanitation and Safety supplies
Particulars Quantity Purchase price (in ₱ )
Mop 1 200.00
Dustpan 1 45.00
Broom 1 60.00
Tissue (10 rolls) 1 50.00
Fire Extinguisher 1 1,200.00
First Aid kit 1 500.00
Inclusive of VAT

Furniture and Fixture

Particulars Quantity Purchase Price in (Php)
Rectangular Table 1 3,000.00
Built-in Cabinets 1 6000
Clothing Rack 2 600.00
Total
 520.00 464.29
568.20 507.32
500.00 446.43
4.00 3.57
125.00 111.61
5.00 4.46
15.00 13.39
25.00 22.32

VAT Inclusive VAT Exclusive

16.00 14.29
100.00 89.29
25.00 22.32
50.00 44.64
572.75 511.38
50.00 44.64
45.00 40.18

200.00 178.57
25 22.3214285714
525.00 468.75
1,995.00 1,781.25
200.00 178.57
587.00 524.11
332.00 296.43
4,722.75 4,216.74

Useful
VAT Inclusive VAT Exclusive Depreciation
Life
96,000.00 85,714.29 15.00 5,714.29
3,024.00 2,700.00 5.00 540.00
2,420.00 2,160.71 12.00 180.06
 4,135.00 3,691.96 10.00 369.20
2,949.75 2,633.71 10.00 263.37
108,528.75 96,900.67 7,066.91

VAT Inclusive VAT Exclusive 2,019.00

200.00 178.57
45.00 40.18
60.00 53.57 53.57
50.00 44.64 44.64
1,200.00 1,071.43
500.00 446.43 446.43
2,055.00 1,834.82 544.64
Inflation 564.25

Useful
VAT Inclusive VAT Exclusive Depreciation
Life
3,000.00 2,678.57 10 267.86
6000 5357.1428571429 10 535.71
1,200.00 1,071.43 5 214.29
10,200.00 9,107.14 1,017.86
 2019
Purchase Price in VAT
Particulars Quantity VAT Inclusive
(Php) Exclusive
Sewing Machine Need 100 0.50 50.00 44.64
Polyester Sewing Thre 20 29.00 580.00 517.86
Tailor's Chalk 10 5.00 50.00 44.64
Box 4 50.00 200.00 178.57
Light Bulb 4 83.00 332.00 296.43
Total 1,212.00 1,082.14

1,121.10
 2020 2021 2022

585.69 609.12 634.70

 2020 2021 2022

1,163.70 1,210.25 1,261.08

Office
Equipment
Particulars Quantity Purchase Price in (Php) VAT Inclusive
Room Air Conditioner 1 14,999.00 14,999.00
Printer/Scanner/Photocopying 1 5,950.00 5,950.00
Laptop 3 18,499.00 55,497.00
Oven with coffee maker 1 2,042.00 2,042.00
Water Dispenser 1 4,490.00 4,490.00
Total 82,978.00

Furniture and Fixture

Particulars Quantity Purchase price (in ₱ ) VAT Inclusive
Long Desk 1 11,800.00 11,800.00
Managing Partner's Table 1 4,270.00 4,270.00
Swivel Chair 5 2,800.00 14,000.00
Office Visitor Chair 2 1,350.00 2,700.00
Filing Cabinet 1 2,933.00 2,933.00
Inclusive of VAT 35,703.00

Office Supplies
Particulars Quantity Purchase Price VAT Inclusive
Pens 40 14.75 590.00
Pencils (pack of 5) 9 65.75 591.75
Pen holder 4 150.00 600.00
Desktop Sharpener 1 494.75 494.75
Light Bulb 4 124.25 497.00
Fluorescent Lamp 2 587.00 1,174.00
Highlighters 5 36.75 183.75
Permanent Markers 5 49.50 247.50
Scissors 3 57.50 172.50
Paper clips (set of 121 pcs.) 2 80.00 160.00
Paper clip holder 1 110.00 110.00
Stapler 2 132.00 264.00
Staple wires (box of 1000) 10 9.00 90.00
Tape dispenser 2 160.00 320.00
Tape 6 24.75 148.50
Rubber bands (pack of 50) 2 19.75 39.50
Calculators 2 430.00 860.00
Desk Organizer 3 627.00 1,881.00
Envelopes 100 4.35 435.00
Sticky notes 15 29.00 435.00
Bond paper (ream of 500) 4 191.00 764.00
Printer ink 8 432.00 3,456.00
Folders 50 14.50 725.00
Desk Calendar 3 199.00 597.00
White Board (18x24 inc.) 1 599.00 599.00
Cork board (17x23 inc.) 1 519.75 519.75
White Board Marker 3 53.25 159.75
Pushpins (box of 30) 3 12.50 37.50
Total 16,152.25

Sanitation and Safety supplies

Particulars Quantity Purchase price (in ₱ ) VAT Inclusive
Tissue (10 rolls) 1 50.00 50.00
Fire Extinguisher 1 1,200.00 1,200.00
First Aid kit 1 500.00 500.00
Inclusive of VAT 1,750.00
VAT Exclusive Useful Life Depreciation
13,391.96 10.00 1,339.20
5,312.50 10.00 531.25
49,550.89 7.00 7,078.70
1,823.21 5.00 364.64
4,008.93 8.00 501.12
74,087.50 9,814.90

VAT Exclusive Useful Life Depreciation

10,535.71 10 1,053.57
3,812.50 10 381.25
12,500.00 10 1,250.00
2,410.71 10 241.07
2,618.75 10 261.88
31,877.68 3,187.77

2018 2,019.00
VAT Exclusive Supplie Expense
526.79 30.00 442.50
528.35 6.00 394.50
535.71 4.00 600.00
441.74 1.00 494.75
443.75 4.00 497.00
1,048.21 2.00 1,174.00
164.06 3.00 110.25
220.98 3.00 148.50
154.02 3.00 172.50
142.86 1.00 80.00
98.21 1.00 110.00
235.71 1.00 132.00
80.36 5.00 45.00
285.71 2.00 320.00
132.59 4.00 99.00
35.27 1.00 19.75
767.86 2.00 860.00
1,679.46 3.00 1,881.00
388.39 52.00 226.20
388.39 10.00 290.00
682.14 3.00 573.00
 3,085.71 4.00 1,728.00
647.32 32.00 464.00
533.04 3.00 597.00
534.82 1.00 599.00
464.06 1.00 519.75
142.63 2.00 106.50
33.48 1.00 12.50
14,421.65 12,696.70

2,019.00 2020 2021 2022

VAT Exclusive
44.64 44.64
1,071.43
446.43 446.43
1,562.50 491.07
Inflation 508.75 528.08 549.21 572.27
2023
Store

Equipment
Particulars Quantity Purchase Price in (Php) VAT Inclusive
Room Air Conditioner 1 14,999.00 14,999.00
Cash Register 1 19,714.00 19,714.00
Fabric Steamer 1 3,024.00 3,024.00
Sound System 1 7,499.00 7,499.00
Total 45,236.00

Furniture and Fixture

Particulars Quantity Purchase Price in (Php) VAT Inclusive
Clothing Rack 3 599.00 1,797.00

Counter and Open Cabinets 1 6000 6000

Total

Store Tools
Particulars Quantity Purchase Price in (Php) VAT Inclusive
Mannequin 1 500.00 500.00
Mirror 1 600.00 600.00
Wooden Hanger 50 20.00 1,000.00
Door Signage 1 75.00 75.00
Pin/Halogen Light 10 145.50 1,455.00
Wind Chime 1 148.00 148.00
Inclusive of VAT 3,778.00

Sanitation and Safety Supplies

Particulars Quantity Purchase Price in (Php) VAT Inclusive
Vacuum Cleaner 1 1,112.00 1,112.00
Fire Extinguisher 1 1,200.00 1,200.00
First Aid kit 1 500.00 500.00
Inclusive of VAT 2,812.00

Particulars Description Estimated Cost/ VAT NCLUSIVE vat exclusive

 The store
located along
Taft Avenue
near the
universities will
be installed
furnitures such
as open
cabinet for the
display of
jackets and
counters for
payments. The
floors will be
Counter and Open Cabinets tiled as well. 15000 13392.8571428571

The builtin
cabinets will be
used for the
storage of
supplies and
tools to keep
the production
area neat and
organized at
the end of the
Built-in Cabinets day 6000 5357.1428571429
 VAT Exclusive Useful Life Depreciation
13,391.96 10.00 1,339.20
17,601.79 10.00 1,760.18
2,700.00 5.00 540.00
6,695.54 10.00 669.55
40,389.29 4,308.93

VAT Exclusive Useful Life Depreciation

1,604.46 3 534.82

5357.1428571429 10 535.71
1,070.54

VAT Exclusive
446.43
535.71
892.86
66.96
1,299.11
132.14
3,373.21

VAT Exclusive 2019 2020 2021

992.86
1,071.43
446.43 446.43
2,510.71
inflatiom 462.50 480.08 499.28
10 1339.2857142857

10 535.7142857143
 2022

520.25
Capacity 2018 2019
Desired Production 1866 1992
Inefficiency 37 40
Actual capacity 1829 1952
Beginning inv 0 260
Total 1829 2212
Sold/Demand 1569 1907
End Inv 260 305
YEAR POPULATION
AVERAGE ANNUAL GROWTH RATE
DEMAND
2015 86196 1
2016 87308 1.012901244050 87308
2017 88434 1.012901244050 88434
2018 89575 1.012901244050 89575
2019 90731 1.012901244050 90731
2020 91902 1.012901244050 91902
2021 93087 1.012901244050 93087
2022 94288 1.012901244050 94288

201
Annual Production 1829
Annual Demand 1,569

Cost Per Piece

Raw Materials
Fabric quantity Amount
Leather 1.5 250 375
Cotton 1.5 225 337.5
Polyester 1.5 239 359
Geena-Lining 1.5 26
Zipper-Pocket 3 8.93
Zipper-Jacket 1 25
Metal Buckle 2 5.36
String 0.5 1.34
Metal Ring 6 3.57
Direct Labor
Cutter 1 475 475
Seamstress 1 475 475

Factory Overhead
Indirect Materials
Plastic Package
 Production Tools 14,312.14
Clothing label
Factory Rent 300,000.00 180,000.00
Employees Benefits 4,611.50
Freight In 5,976.00
Sanitation Supplies 1,834.82
Insurance for Employees (500/person) 2,500.00
Utilities
Water 4,353.21 2,611.93
Electricity 72,483.96 43,490.38
Depreciation Expense
Production Equipment 7,066.91
Vehicle 18,750.00 3,750.00
Furniture and Fixture 1,017.86 11,834.77
Cost Per Piece

ADMINISTRATIVE EXPENSES

Office Supplies Expense

Office Rent 300,000
Sanitation Supplies

Utilities Telecommunication
Water 4,353.21
Electricity 72,483.96
Depreciation Expense
Office Equipment
Furniture and Fixture
vehicle 150,000 18,750.00
Transportation Cost
SELLING EXPENSES
Rent
Warehouse 300,000
Store
Sanitation Supplies
Store Tools

Utilities
Electr Warehouse 72,483.96
Store

Depreciati Furniture and Fixture

Store Equipment
Leasehold Improvement
Vehicle 150,000.00 18,750.00

Salaries
Employee Benefits
Insurance Assumption 9 month working
Freight Out
Advertising
Packaging

toll
maintenace
 2020 2021 2022
1992 3000 3012
40 60 60
1952 2940 2952
305 4 335
2257 2944 3287
2254 2609 2973
4 335 314
OTHERS: MARKGAP Age bracketWILLING 2 target markANNUAL DEMAND CAPACITY

0.59000 36726 0.48 0.89 0.1 ### 1,866.00

0.59000 37200 0.48 0.89 0.12 ### 1,992.00
0.59000 37680 0.48 0.89 0.14 ### 1,992.00
0.59000 38166 0.48 0.89 0.16 ### 3,000.00
0.59000 38658 0.48 0.89 0.18 ### 3,012.00

2018
purchases 1879

Statement of Comprehensive Income

Mark-up 1.36 1,199
Cost Total Sales
Cost of Goods Sold
Gross Profit
357.14 Admin&Selling Expenses
39 Income Before Tax
26.79 Income Tax Payable
25 Income After Tax
10.71
0.67
21.43 480.74 30% mark up

59.38
237.50 296.88

2
 7.83
5
98.43
2.521764333
3.27
1.00
1.37

1.428313631
23.78

6.47 153.10
930.72

12,696.70
90,000.00
1,562.50

15,588.00
1,741.29
21,745.19

9,814.90
3,187.77
3,750.00
78,624.00 238,710.35

30,000.00
168,000.00
2,510.71
3,373.21

7,248.40
41,842.18

1,070.54
4,308.93
1,339.29
11,250.00

10,240.00
 971.70
875.00
23,904.00
53,000.00
19,201.14 379,135.09
617,845.44
 2/head
2/head
2/head
3/head
3/head

rehensive Income

1,881,147
1,460,229
420,917
617,845
(196,928)

(196,928)
EI
Statement of Comprehensive Income
2,018 2019 2020
Net Sales 1,881,147 2,405,223 2,842,880
Cost of Goods Sold 1,460,229 1,715,890 2,023,373
Gross Profit 420,917 689,333 819,507
Selling and Administrative 617,845 616,557 630,225
Operating Income (196,928) 72,775 189,282
Interest Income 6,468 8,379 8,374
Net Income (Loss) Befo (190,460) 81,154 197,656
Income Tax 24,346 59,297
Net Income (Loss) After (190,460) 56,808 138,359

Interest Income
Investment Interest Rate 2017
Cash in Bank 0.25%
Time Deposit 0.75%
Mutual Funds (Bonds) 1.61%
Total Interest Income

wala pang interest

income kasi kunwari
dec 31 2017 nag
invest nung temporary
investment so sa 2018
ma accrue ung interest
income.
Para mas simple ung
computation.
Nakakalula ung
numbers eh
hahahaha.
tas ung amounts echos ko lang yan pero ung time depo
ung bonds din 1 year lang
 2021 2022
3,290,627 3,749,726
2,168,221 2,479,368
1,122,406 1,270,358
553,866 562,752
568,540 707,606
8,323 8,850
576,864 716,456
173,059 214,937
403,805 501,519

Amount 2018 Amount 2019 Amount 2020 Amount 2021

100,000 250 564,344 1,411 990,877 2477 1,463,973 3660
400,000 3,000 500,000 3,750 250,000 1,875 300,000 2250
3,218 200,000 3218 250,000 4,022 150,000 2,413.35
6,468 8379 8374 8323

ounts echos ko lang yan pero ung time deposit for 1 year lagi. Hanggang 1 year lang ung nakita ko na may interest eh
din 1 year lang
 2022
2,189,995 5475
450,000 3375
300,000 4827
8850
Capacity 2018 2019
Desired Production 1866 1992
Inefficiency 37 40
Actual capacity 1829 1952
Beginning inv 0 260
Total 1829 2212
Sold/Demand 1569 1907
End Inv 260 305
YEAR POPULATION
AVERAGE ANNUAL GROWTH RATE
DEMAND
2015 86196 1
2016 87308 1.012901244050 87308
2017 88434 1.012901244050 88434
2018 89575 1.012901244050 89575
2019 90731 1.012901244050 90731
2020 91902 1.012901244050 91902
2021 93087 1.012901244050 93087
2022 94288 1.012901244050 94288

2019
Annual Production 1952
Annual Demand 1,907

Cost Per Piece

Raw Materials
Fabric quantity Amount
Leather 1.5 259 388.5
Cotton 1.5 233.1 349.65
Polyester 1.5 248 371.85
Geena-Lining 1.5 26.936
Zipper-Pocket 3 9.25
Zipper-Jacket 1 25.9
Metal Buckle 2 5.55
String 0.5 1.39
Metal Ring 6 3.70
Direct Labor
Cutter 1 492.1 492.1
Seamstress 1 492.1 492.1

Factory Overhead
 Indirect Materials
Plastic Package
Production Tools 4,368.54
Clothing label
Factory Rent 300,000.00 180,000.00
Employees Benefits 4,611.50
Freight In 6,191.14
Sanitation Supplies 584.56
Insurance for Employees (500/person) 2,500.00
Utilities
Water 4,509.93 2,705.96
Electricity 75,093.39 45,056.03
Depreciation Expense
Production Equipment 7,066.91
Vehicle 18,750.00 3,750.00
Furniture and Fixture 1,017.86 11,834.77
Cost Per Piece

ADMINISTRATIVE EXPENSES

Office Supplies Expense

Office Rent 300,000
Sanitation Supplies

Utilities Telecommunication
Water 4,509.93
Electricity 75,093.39
Depreciation Expense
Office Equipment
Furniture and Fixture
vehicle 150,000 18,750.00

SELLING EXPENSES
Rent
Warehouse 300,000
Store
Sanitation Supplies

Utilities
Electricity Warehouse 75,093.39
Store

Depreciation ExpeFurniture and Fixture

 Store Equipment
Vehicle 150,000.00 18,750.00

Salaries
Employee Benefits
Insurance ExpenseAssumption 9 month working
Freight Out
Marketing
Packaging
 2020 2021 2022
1992 3000 3012
40 60 60
1952 2940 2952
305 4 335
2257 2944 3287
2254 2609 2973
4 335 314
OTHERS: MARKET GAP Age bracketWILLING 2target marANNUAL DEMAND CAPACITY

0.59000 36726 0.48 0.89 0.1 ### 1,866.00

0.59000 37200 0.48 0.89 0.12 ### 1,992.00
0.59000 37680 0.48 0.89 0.14 ### 1,992.00
0.59000 38166 0.48 0.89 0.16 ### 3,000.00
0.59000 38658 0.48 0.89 0.18 ### 3,012.00

2019
Purchases 1962

Statement of Comprehensive Income

Mark-up 1.36 1,274
Cost Total Net Sales
Cost of Goods Sold
Gross Profit
370.00 Admin&Selling Expenses
40.404 Income Before Tax
27.75 Income Tax Expense
25.9 Income After Tax
11.10
0.69 30% mark up
22.20 498.05 448.24

61.5125
246.05 307.56
 2
2.24
5
92.21
2.3624487705
3.17
0.30
1.28

1.3862489754
23.08

6.06 139.10
894.90

8,449.95
90,000.00
527.07

15,588.00
1,803.97
22,528.02

9,814.90
3,187.77
3,750.00
81,454.46 237,104.14

30,000.00
168,000.00
479.15

7,509.34
43,348.50

1,070.54
 4,308.93
11,250.00

10,608.64
971.70
1,000.00
24,764.54
54,908.00
21,233.86 379,453.19
616,557.33
 Capacity
Desired Production
Inefficiency
Actual capacity
Beginning inv
Total
Sold/Demand
End Inv
YEAR POPULATION
2015 86196
2016 87308
2017 88434
2/head 2018 89575
2/head 2019 90731
2/head 2020 91902
3/head 2021 93087
3/head 2022 94288

Annual Production
Annual Demand

mprehensive Income Cost Per Piece

Raw Materials
2,405,223 Fabric quantity
1,715,890 Leather 1.5
689,333 Cotton 1.5
616,557 Polyester 1.5
72,775 Geena-Lining 1.5
21,833 Zipper-Pocket 3
50,943 Zipper-Jacket 1
Metal Buckle 2
String 0.5
Metal Ring 6
Direct Labor
Cutter 1
Seamstress 1

Factory Overhead
 Indirect Materials
Plastic Package
Production Tools
Clothing label
Factory Rent
Employees Benefits
Freight In
Sanitation Supplies
Insurance for Employees (500/person)
Utilities
Water
Electricity
Depreciation Expense
Production Equipment
Vehicle 18,750.00
Furniture and Fixture
Cost Per Piece

ADMINISTRATIVE EXPENSES

Office Supplies Expense

Office Rent
Sanitation Supplies

Utilities Telecommunication
Water
Electricity
Depreciation Expense
Office Equipment
Furniture and Fixture
vehicle
Transportation Cost
SELLING EXPENSES
Rent
Warehouse
Store
Sanitation Supplies

Utilities
Electricity Warehouse
Store

Depreciation ExpFurniture and Fixture

 Store Equipment
Vehicle

Salaries
Employee Benefits
Insurance Expen Assumption 9 month working
Freight Out
Marketing
Packaging
 2018 2019 2020 2021 2022
1866 1992 1992 3000 3012
37 40 40 60 60
1829 1952 1952 2940 2952
0 260 305 4 335
1829 2212 2257 2944 3287
1569 1907 2254 2609 2973
260 305 4 335 314
AVERAGE ANNUAL GROWTH RATEDEMAND OTHERS: MARGAP Age brackeWILLING 2target mar
1
1.012901244050 87308
1.012901244050 88434
1.012901244050 89575 0.59000 36726 0.48 0.89 0.1
1.012901244050 90731 0.59000 37200 0.48 0.89 0.12
1.012901244050 91902 0.59000 37680 0.48 0.89 0.14
1.012901244050 93087 0.59000 38166 0.48 0.89 0.16
1.012901244050 94288 0.59000 38658 0.48 0.89 0.18

2020
al Production 1952 purchases 1962
2,254

Mark-up
Amount Cost Total Sales
268.842 403.263 Cost of Goods Sold
241.9578 362.9367 Gross Profit
257.32 386 384.06 Admin&Selling Expense
27.96 41.939352 Income Before Tax
9.60 28.80 Income Tax Expense
26.88 26.8842 Income After Tax
5.76 11.52
1.44 0.72
3.84 23.04 516.97 439.43 30% mark up

510.80 510.7998 63.849975

510.80 510.7998 255.3999 319.25
 2
1,163.70 0.60
5
300,000.00 181,800.00 93.14
4,611.50 2.36244877
6,426.40 3.29
606.78 0.31
500/person) 2,500.00 1.28

4,681.31 2,808.78 1.438926436

77,946.94 46,768.16 23.96

7,066.91
3,750.00
1,017.86 11,834.77 6.06 139.44
898.12

8,665.13
300,000 90,900.00
727.35

15,588.00
4,681.31 1,872.52
77,946.94 23,384.08

9,814.90
3,187.77
150,000 18,750.00 3,750.00
84,549.73 242,439.49

300,000 30,300.00
169,680.00
661.23

77,946.94 7,794.69
44,995.74

1,070.54
 4,308.93
150,000.00 18,750.00 11,250.00

11,011.77
971.70
1,000.00
25,705.60
56,994.50
22,040.74 387,785.44
630,224.93
 Capacity

ANNUAL DEMAND CAPACITY

### 1,866.00 2/head

### 1,992.00 2/head
### 1,992.00 2/head
### 3,000.00 3/head
### 3,012.00 3/head

Statement of Comprehensive Income Cost Per Piece

1.36 1,274 Raw Materials
2,842,880.04 Fabric
Cost of Goods Sold 2,023,373 Leather
Gross Profit 819,507 Cotton
Admin&Selling Expenses 630,225 Polyester
Income Before Tax 189,282 Geena-Lining
Income Tax Expense 56,785 Zipper-Pocket
Income After Tax 132,497 Zipper-Jacket
Metal Buckle
String
30% mark up Metal Ring
Direct Labor
Cutter
Seamstress

Factory Overhead
 Indirect Materials
Plastic Package
Production Tools
Clothing label
Factory Rent
Employees Benefits
Freight In
Sanitation Supplies
Insurance for Employees
Utilities
Water
Electricity
Depreciation Expense
Production Equipm
Vehicle
Furniture and Fixtur
Cost Per Piece

ADMINISTRATIVE EXPENSES

Office Supplies Expense

Office Rent
Sanitation Supplies

Utilities Telecommunication
Water
Electricity
Depreciation Expense
Office Equipment
Furniture and Fixture
vehicle
Transportation Cost
SELLING EXPENSES
Rent
Warehouse
Store
Sanitation Supplies

Utilities
ElectrWarehouse
Store

Depreciati Furniture and Fixture

 Store Equipment
Vehicle

Salaries
Employee Benefits
Insurance Assumption 9 month wo
Freight Out
Marketing
Packaging
 2018 2019 2020 2021
Desired Production 1866 1992 1992 3000
Inefficiency 37 40 40 60
Actual capacity 1829 1952 1952 2940
Beginning inv 0 260 305 4
Total 1829 2212 2257 2944
Sold/Demand 1569 1907 2254 2609
End Inv 260 305 4 335
YEAR POPULATION
AVERAGE ANNUAL GROWTHDEMAND
RATE OTHERS: MARKET GAP
2015 86196 1
2016 87308 1.012901244050 87308
2017 88434 1.012901244050 88434
2018 89575 1.012901244050 89575 0.59000 36726
2019 90731 1.012901244050 90731 0.59000 37200
2020 91902 1.012901244050 91902 0.59000 37680
2021 93087 1.012901244050 93087 0.59000 38166
2022 94288 1.012901244050 94288 0.59000 38658

2021
Annual Production 2940 purchases 2945
Annual Demand 2,609

quantity Amount Cost Total

Leather 1.5 279.59568 419.39352
Cotton 1.5 251.636112 377.454168
Polyester 1.5 267.613008 401 399.42
Geena-Lining 1.5 29.07795072 43.61692608
Zipper-Pocket 3 9.98556 29.96
Zipper-Jacket 1 27.959568 27.959568
Metal Buckle 2 5.991336 11.98
0.5 1.497834 0.75
Metal Ring 6 3.994224 23.97 537.65

1.00 531.231792 531.231792 66.403974

Seamstress 1.00 531.231792 531.231792 265.615896 332.02
 Indirect Materials
Plastic Package 2
Production Tools 1,210.25 0.41
Clothing label 5
Factory Rent 181,800.00 61.84
Employees Benefits 4,611.50 1.568537415
6,683.46 2.27
Sanitation Supplies 631.05 0.21
Insurance for Employees (500/person) 2,500.00 0.85

Water 4,868.56 2,921.14 0.9935835987

Electricity 81,064.81 48,638.89 16.54
Depreciation Expense
Production Equipment 7,066.91
Vehicle 18,750.00 3,750.00
Furniture and Fixture 1,017.86 11,834.77 4.03 95.72
830.98

TRATIVE EXPENSES

Office Supplies Expense 9,048.25

Office Rent 90,900.00
Sanitation Supplies 756.44

Telecommunication 15,588.00
4,868.56 1,947.42
81,064.81 24,319.44
tion Expense
Office Equipment 9,814.90
Furniture and Fixture 3,187.77
150,000 18,750.00 3,750.00 159,312.23
87,931.72

Warehouse 30,300.00
169,680.00
687.68

Warehouse 81,064.81 8,106.48

46,795.57

Furniture and Fixture 1,070.54

Store Equipment 4,308.93
150,000.00 18,750.00 11,250.00

11,452.24
971.70
Assumption 9 month working 1,000.00
26,733.82
59,274.28
22,922.37 394,553.61
553,865.84
 2022
3012
60
2952
335
3287
2973
314
Age brackeWILLING 2target marANNUAL DEMAND CAPACITY

0.48 0.89 0.1 ### 1,866.00 2/head

0.48 0.89 0.12 ### 1,992.00 2/head
0.48 0.89 0.14 ### 1,992.00 2/head
0.48 0.89 0.16 ### 3,000.00 3/head
0.48 0.89 0.18 ### 3,012.00 3/head

21
Statement of Comprehensive Income
Mark-up 1.36 1,274
Sales 3,290,627
Cost of Goods Sold 2,168,221
Gross Profit 1,122,406
Admin&Selling Expenses 553,866
Income Before Tax 568,540
Income Tax Expense 170,562
Income After Tax 397,978

403.24 30% mark up

498.59
Capacity 2018 2019 2020
Desired Production 1866 1992 1992
Inefficiency 37 40 40
Actual capacity 1829 1952 1952
Beginning inv 0 260 305
Total 1829 2212 2257
Sold/Demand 1569 1907 2254
End Inv 260 305 4
YEAR POPULATION
AVERAGE ANNUAL GROWTH RATE
DEMAND OTHERS: MARKET
2015 86196 1
2016 87308 1.012901244050 87308
2017 88434 1.012901244050 88434
2018 89575 1.012901244050 89575 0.59000
2019 90731 1.012901244050 90731 0.59000
2020 91902 1.012901244050 91902 0.59000
2021 93087 1.012901244050 93087 0.59000
2022 94288 1.012901244050 94288 0.59000

2022
Annual Production 2952 purchases
Annual Demand 2,973

Cost Per Piece

Raw Materials
Fabric quantity Amount Cost
Leather 1.5 291.33869856 437.00804784
Cotton 1.5 262.204828704 393.307243056
Polyester 1.5 278.852754336 418 416.20
Geena-Lining 1.5 30.2992246502 45.4488369754
Zipper-Pocket 3 10.40495352 31.21
Zipper-Jacket 1 29.133869856 29.133869856
Metal Buckle 2 6.242972112 12.49
String 0.5 1.560743028 0.78
Metal Ring 6 4.161981408 24.97
Direct Labor
Cutter 1.00 553.543527264 553.543527264 69.192940908
Seamstress 1.00 553.543527264 553.543527264 276.771763632

Factory Overhead
 Indirect Materials
Plastic Package 2
Production Tools 1,261.08 0.43
Clothing label 5
Factory Rent 181,800.00 61.59
Employees Benefits 4,611.50 1.5621612466
Freight In 6,964.16 2.36
Sanitation Supplies 657.55 0.22
Insurance for Employees (500/person) 2,500.00 0.85
Utilities
Water 5,073.04 3,043.82 1.0311055159
Electricity 84,469.54 50,681.72 17.17
Depreciation Expense
Production Equipment 7,066.91
Vehicle 18,750.00 3,750.00
Furniture and Fixture 1,017.86 11,834.77 4.01
Cost Per Piece

ADMINISTRATIVE EXPENSES

Office Supplies Expense 9,410.18

Office Rent 90,900.00
Sanitation Supplies 786.70

Utilities Telecommunication 15,588.00

Water 5,073.04 2,029.22
Electricity 84,469.54 25,340.86
Depreciation Expense
Office Equipment 9,814.90
Furniture and Fixture 3,187.77
vehicle 150,000 18,750.00 3,750.00
Transportation Cost 91,624.86
SELLING EXPENSES
Rent
Warehouse 30,300.00
Store 169,680.00
Sanitation Supplies 716.56

Utilities
ElectrWarehouse 84,469.54 8,446.95
Store 48,760.98

Depreciati Furniture and Fixture 1,070.54

 Store Equipment 4,308.93
Vehicle 150,000.00 18,750.00 11,250.00

Salaries 11,933.23
Employee Benefits 971.70
Insurance Assumption 9 month working 1,000.00
Freight Out 27,856.64
Marketing 61,763.80
Packaging 23,885.11
 2021 2022
3000 3012
60 60
2940 2952
4 335
2944 3287
2609 2973
335 314
GAP Age bracket WILLING 2target marANNUAL DEMAND CAPACITY

36726 0.48 0.89 0.1 ### 1,866.00 2/head

37200 0.48 0.89 0.12 ### 1,992.00 2/head
37680 0.48 0.89 0.14 ### 1,992.00 2/head
38166 0.48 0.89 0.16 ### 3,000.00 3/head
38658 0.48 0.89 0.18 ### 3,012.00 3/head

2022
2957

Statement of Comprehensive Income

Mark-up 1.36 1,274
Total Sales 3,749,726
Cost of Goods Sold 2,479,368
Gross Profit 1,270,358
Admin&Selling Expenses 562,752
Income Before Tax 707,606
Income Tax Expense 212,282
Income After Tax 495,324

560.23 392.16 30% mark up

345.96
 96.21
834.34 458.89

160,807.63
401,944.45
562,752.08
e
 Pre-operating cost
Organization Cost 28,915
Prototype Cost 2,100
Rent Expense 25,000
Marketing Expense 5,850
Representation and Transportation Expense 26,208
Utilities Expense 2,063
Training and Development 35000
Total 125,136
 Total Project Cost Capital Expenditures
Pre-operating cost 125,136 Production Equipment
Capital Expenditures 320,174 Office Equipment
Rent Deposit 92,000 Store Equipment
Total 502,310 Production Furniture & Fixtures
Office Furniture & Fixtures
Store Furniture & Fixtures
Delivery Equipment
Total

15000

42000 Store
50000 office
utilities 92000
l Expenditures Inflation Rate Partner's Drawings Acco
108,529 2018 2019 2020 2021 2022
82,978 3.40% 3.60% 3.80% 4.00% 4.200%
45,236
4,200
35,703
45,236
18,750
320,174
Partner's Drawings Account Balances
2017 2018 2019 2020
Avestro, Drawings (25,027) (26,664) 19,362 27,662
Agustin, Drawings (25,027) (26,664) 9,362 27,662
Culannay, Drawings (25,027) (26,664) 9,362 27,662
Dela Cruz, Drawings (25,027) (26,664) 9,362 27,662
Sermona, Drawings (25,027) (26,664) 19,362 27,662
Total (125,136) (133,322) 66,808 138309

20%
 Interest Rates
2021 2022 Cash in Bank 0.25%
80746 100,228 Time Deposit 0.75%
80746 100,228 Mutual Funds (Bonds) 1.61%
80746 100,228
80746 100,228
80746 100,228
403730 501,142
 Purchase
Price Useful
Annual Depreciation Purchase Price (Exclusive Life
(Inclusive of VAT) of VAT) (years)
Production Equipment
Sewing Machine- Fully Assembled 96,000.00 85714 15
Fabric Steamer 3,024.00 2700 5
Room Exhaust Fan 2,420.00 2161 12
Fabric Rotary Board 4,135.00 3692 10
Industrial Orbit Fan 2,949.75 2634 10
Total 108,529 96901
Production Furnitures & Fixtures
Rectangular Table 3,000 2679 10
Clothing Rack 1,200 1071 5
Total 4,200 3750
Office Equipment
Room Air Conditioner 14999 13392 10
Printer/Scanner/Photocopying 5950 5313 10
Laptop 55497 49551 5
Oven with coffee maker 2042 1823 5
Water Dispenser 4490 4009 8
Total 82978 74088
Office Furnitures & Fixtures
Long Desk 11800 10536 10
Managing Partner's Table 4270 3813 10
Swivel Chair 14000 12500 10
Office Visitor Chair 2700 2411 10
Filing Cabinet 2933 2619 10
Total 35703 31878
Store Equipment
Room Air Conditioner 14999 13392 10
Cash Register 19714 17602 10
Fabric Steamer 3024 2700 3
Sound System 7499 6696 10
Total 45236 40389
Store Furnitures & Fixtures
Clothing Rack 1797 1604 3
Counter and Open Cabinets 15000 13393 10
Built-in Cabinets 6000 5357 10
Total 22797 20354
Delivery Equipment
Delivery Van 168,000 150000 8
 Pre- Operating
Annual Statement of Financial Position
Depreciation
Assets
5714 Current Asset
540 Cash 917,484
180 Temporary Investment 400,000
369 Total Current Asset
263 Non-Current Asset
7067 Property, Plant and Equipment 361,377
Furniture and Fixtures 55,982
268 Rent Deposit 92,000
214 Deffered Tax Credit 50,083
482 Total Non-Current Asset
Total Assets
1339
531 Liabilities and Partners' Capital
9910 Liabilities
365 Current Liabilities
501 Utilities Payable 2,063
12646 Total Current Liabilities

1054 Partners' Capital

381 Agustin, Capital 400,000
1250 Avestro Capital 400,000
241 Culannay, Capital 400,000
262 Dela Cruz, Capital 400,000
3188 Sermona, Capital 400,000
Agustin, Drawings (25,027)
1339 Avestro Drawings (25,027)
1760 Culannay, Drawings (25,027)
900 Dela Cruz, Drawings (25,027)
670 Sermona, Drawings (25,027)
4669 Total Partners' Capital
Total Liabilties and Partners' Capital
535
1339
536
2410

18750
Position Statement of Comprehensive Income

Sales
Cost of Goods Sold
Gross Profit
Expenses
1,317,484 Organization Cost
Prototype Cost
Rent Expense
Marketing Expense
Representation and Transportation Expense
Training and Development
559,443 Utilities Expense
1,876,927 Net Income (Loss) Before Tax

2,063

1,874,864
1,876,927
 -
-
-

(28,915)
(2,100)
(25,000)
(5,850)
(26,208)
-35000
(2,063) (125,136)
(125,136)
Statement of Cash Flows

Operating Activities
Cash Paid for:
Organization Cost (28,915)
Prototype Cost (2,100)
Rent Expense (25,000)
Marketing Expense (5,850)
Representation and Transportation Expense (26,208)
Training and Development -35000
Net Cash Inflow (Outflow) from Operating Activities (123,073)

Investing Activities
Cash paid for:
Rent Deposit (92,000)
Production Equipment (108,529)
Store Equipment (45,236)
Office Equipment (82,978)
Production Furniture and Fixtures (4,200)
Store Furniture and Fixtures (22,797)
Office Furnitures & Fixtures (35,703)
Delivery Equipment (168,000)
Temporary Investments (400,000)
Net Cash Inflow (Outflow) from Investing Activities (959,443)

Financing Activities
Investment from Partners 2,000,000
Net Cash Inflow (Outflow) from Financing Activities 2,000,000

Net Increase (Decrease) in Cash 917,484

Add: Beginning Cash Balance -
Ending Cash Balance 917,484
Operating Financial Statements
Statement of Financial Position
2018 2019 2020
Assets
Current Asset
Cash 0 0 0
Raw Materials Inventory 24,037 28,519 32,914
Work-in-Process Inventory
Finished Goods Inventory
Prepaid Insurance
Prepaid Utilities
Supplies Inventory
Total Current Asset
Non-Current Asset
Rent Deposit
Property, Plant and Equipment
Furniture and Fixtures
Leasehold Improvements
Total Non-Current Asset
Total Assets

Liabilities and Partners' Capital

Liabilities
Current Liabilities
SSS and EC Premium Payable
PhilHealth Premium Payable
HDMF Premium Payable
Withholding Tax Payable
VAT Payable
Income Tax Payable
Utilities Payable
Total Current Liabilities

Partners' Capital
Agustin, Capital
Avestro Capital
Culannay, Capital
Dela Cruz, Capital
Sermona, Capital
Agustin, Drawings
Avestro Drawings
Culannay, Drawings
Dela Cruz, Drawings
Sermona, Drawings
 Total Partners' Capital
Total Liabilties and Partners' Capital
 Statement of Comprehensive Income
2021 2022 2,018
Sales 1,881,147
Cost of Goods Sold 1,460,229
0 0 Gross Profit 420,918
34,930 36,891 Selling and Administrative 617,845
Operating Income (196,927)
Interest Income 6,468
Net Income (Loss) Before Tax (190,459)
Income Tax (57,138)
Net Income (Loss) After Tax (133,322)

SP 1199

-0.0708724631

cost per piece 930.72

RMU 480.74
2019 2020 2021 2022
2,405,223 2,842,880 3,290,627 3,749,726
1,715,890 2,023,373 2,168,221 2,479,368
689,333 819,507 1,122,406 1,270,358
616,557 630,225 553,866 562,752
72,775 189,282 568,540 707,606
8,379 8,302 8,217 8,311
81,154 197,584 576,757 715,917
24,346 59,275 173,027 214,775
56,808 138,309 403,730 501,142

1199 1299 1399 1499

0.0236185489 0.048651049 0.1226909196 0.1336475429

904.58 914.79 861.52 867.57

448.24 439.43 417.76 406.28
Statement of Cash Flows
2018 2019 2020
Operating Activities
Cash Received from Cutomers 1,881,147 2,405,223 2,842,880
Cash Paid for:
Raw Materials
Advertising 53,000 54,908 56,995
Rent 468,000 468,000 468,000
Salaries
Representation and Transportation
Insurance
Employee Benefits
Utilities
Office Supplies 16,152 9,486.91 9,847.41
Net Cash Inflow (Outflow) from Operating Activities

Investing Activities
Interest Income 6,468 8379 8302
Temporary Investment 300,000

Net Cash Inflow (Outflow) from Investing Activities

Financing Activities
Investment from Partners
Net Cash Inflow (Outflow) from Financing Activities

Net Increase (Decrease) in Cash

Add: Beginning Cash Balance
Ending Cash Balance
 Raw Materials
2021 2022 2018 2019 2020
Beginning 0 24037 28519
3,290,627 3,749,726 Purchases 903159 879,453 862,157
Raw Materials Used 879,122 874,970 857,763
Ending 24,037 28,519 32,914
59,274 61,764
468,000 468,000

10,241.31 10,671.45

8217 8311
 Liquiduty Ratios
2021 2022 2018 2019 2020
32914 34930 Current Ratio #REF! #REF! #REF!
1,187,540 1,159,628 Quick Ratio
1,185,524 1,157,667 Working Capital
34,930 36,891
Acitivity Ratios
2018 2019 2020
Inventory Turnover
Total Assets Turnover

Stability Ratios
2018 2019 2020
Debt-to-Assets
Debt-to-Equity
 Profibality Ratios
2021 2022 2018 2019 2020 2021
#REF! #REF! Gross Profit Margin
Net Profit Margin
ROA
ROE

2021 2022 Cash Returns

2018 2019 2020 2021
Net Income (Loss) After Tax
Add Depreciation
Cash Returns 0 0 0 0
2021 2022
Payback Period
Cash RetuAcc. CashYear
2018
2019
2020
2021
2022
Investments 0
 Total Variable Cost
2022 2018 2019 2020 2021
Raw Materials
Salaries Expense - Production
Utilities Expense - Production
Supplies Expense - Production
Total 0 0 0 0

2022

0
 Total Fixed Cost Value Added Tax
2022
Input VAT
Production Equipment
Production Furnitures & Fixture
Office Equipment
0 Office Furnitures & Fixtures
Store Equipment
Store Furnitures & Fixtures

Delivery Equipment
Raw Materials
Production Supplies
Sanitation Supplies
Office Supplies
Rent
Total Input VAT

VAT Payable
Output VAT
Input VAT
Total VAT for the year
Tax Credit
Total VAT payable for the year
Tax Payable last year
Total Payable
Cash Paid on VAT
VAT payable
 2016 2017 2018 2019 2020 2021 2022

11,628.08
450.00
8890.50
3825.32
4846.71
2442.54

18,000.00

50,083.15

50,083.15
-50,083.15
50,083.15 -50,083.15
0.00
Interest Income
Investment Interest Rate 2017 Amount 2018
Cash in Bank 0.25% 100,000 250
Time Deposit 0.75% 400,000 3,000
Mutual Funds (Bonds) 1.61% 3,218
Total Interest Income 6,468

Cash 2017 2018 2019 2020 2021

Cash on Hand 817,484 (564,344) (962,089) (1,421,440) (1,974,376)
Cash in Bank 100,000 564344 962089 1421440 1974376
Total 917,484 -

https://www.pinoymoneytalk.com/bdo-savings-time-deposit-interest-rates/
Amount 2019 Amount 2020 Amount 2021
564,344 1,411 962,089 2405 1,421,440 3554 1,974,376
500,000 3,750 250,000 1,875 300,000 2250 450,000
200,000 3218 250,000 4,022 150,000 2,413.35 300,000
8379 8302 8217
300,000
2022
(2,249,836)
2249836
2022
4936
3375
4827
8311
 SUMMARY OF UTILITIES (VAT EXCLUSIVE)
2018 2019 2020
Electricity-Las Pinas Bldg 72,483.96 75,093.39 77,946.94
Electricity-Taft Store 41,842.18 43,348.50 44,995.74
Water 4,353.21 4,509.93 4,681.31
Telecommunication 15,588.00 15,588.00 15,588.00
TOTAL (in Pesos) 134,267.36 138,539.81 143,211.98

60% 30% 10%

Electricity Factory Office Warehouse
2018 72,483.96 43,490.38 21,745.19 7,248.40
2019 75,093.39 45,056.03 22,528.02 7,509.34
2020 77,946.94 46,768.16 23,384.08 7,794.69
2021 81,064.81 48,638.89 24,319.44 8,106.48
2022 84,469.54 50,681.72 25,340.86 8,446.95
Water 60% 40%
2018 4,353.21 2,611.93 1,741.29
2019 4,509.93 2,705.96 1,803.97
2020 4,681.31 2,808.78 1,872.52
2021 4,868.56 2,921.14 1,947.42
2022 5,073.04 3,043.82 2,029.22
EXCLUSIVE)
2021 2022 WATER UTILITY
81,064.81 84,469.54 Component
46,795.57 48,760.98 Basic Charge
4,868.56 5,073.04 FCDA
15,588.00 15,588.00 Environmental Charge (EC)
148,316.94 153,891.56 Maintenance Service Charge (MSC)
VAT
TOTAL MONTHLY BILL
Store Total Selling X no. of months
41,842.18 49,090.58 TOTAL BILL ANNUALY
43,348.50 50,857.84 TOTAL BILL MONTHLY
44,995.74 52,790.43 VAT EXLUSIVE
46,795.57 54,902.05 Assumption on Water:
48,760.98 57,207.94 Estimated usage is 15 cubic meters
Used Maynilad Calculator in estimating amounts
 For Las Pinas Building (Allocation Percentage: 60-10-30)
ER UTILITY ELECTRICI
Estimated Cost (in ₱) Equipments Quantity Watts
297.81 1. Sewing Machines 4 1600
3.25 2. Fabric Steamer 1 2000
60.21 3. Room Exhaust Fan 1 32
1.50 4. Industrial Orbit Fan 1 70
43.53 5. Room Air Conditioner 1 1260
406.30 5. Fluorescent Lamp 2 30
12.00 6. Light Bulbs 7 45.5
4,875.60 7. Printer/Scan/Xerox/Fax 1 35
406.30 8. Laptop 3 195
4,353.21 9. Water Dispenser 1 640
10. Microwave Oven 1 1200
11. Telephone 1 6
estimating amounts TOTALS 24 7113.5

For Taft Store

ELECTRICITY CONSUMPTIO
Equipments Quantity Watts
243.78 1. Pin/Halogen Lights 10 500
0.08 2. Aircon 1 1260
12.16 3. Vacuum Cleaner 1 400
4. Cash Register 1 120
5. Sound System 1 100
TOTALS 14 2380

Assumptions on Electricity:
Maximum hours (9) per day include: 8 working hours + 1 hr meal time
Monthly usage is multiplied to 20 working days per month
For store, monthly usage is multiplied to 24 working days per month
Used Meralco AppCal _ My Appliance Calculator in calculating estimated cos
Monthly usage is multiplied to 20 working days per month
For store, monthly usage is multiplied to 24 working days per month
Used Meralco AppCal _ My Appliance Calculator in calculating estimated cos
centage: 60-10-30)
ELECTRICITY CONSUMPTION
Hours of Usage Watts/day Kilowatts/day Monthly Usage Monthly Cost (in ₱)
8 12,800 12.80 281.60 2,014.47
2 4,000 4.00 88.00 839.36
9 288 0.29 6.34 60.43
9 630 0.63 13.86 132.20
9 11,340 11.34 249.48 1,699.85
9 270 0.27 5.94 56.66
6 273 0.27 6.01 57.26
1 35 0.04 0.77 7.34
8 1,560 1.56 34.32 436.48
9 5,760 5.76 126.72 1,208.68
1 1,200 1.20 26.40 251.81
0.5 3 0.00 0.07 0.63
71.5 38,159 38.16 839.50 6,765.17

ELECTRICITY CONSUMPTION
Hours of Usage Watts/day Kilowatts/day Monthly Usage Monthly Cost (in ₱)
9 4500 4.5 108 1313
9 11340 11.34 272.16 1998.85
1 400 0.4 9.6 125.05
8 960 0.96 23.04 241.74
9 900 0.9 21.6 226.63
36 18100 18.1 434.4 3,905.27

orking hours + 1 hr meal time

g days per month
24 working days per month
alculator in calculating estimated cost monthly
g days per month
24 working days per month
alculator in calculating estimated cost monthly
Annual Cost (in ₱)
24,173.64
10,072.32
725.16
1,586.40
20,398.20
679.92
687.12
88.08
5,237.76
14,504.16
3,021.72
7.56 VAT Exclusive
81,182.04 72,483.96

Annual Cost (in ₱)

15756
23986.2
1500.6
2900.88
2719.56 VAT Exclusive
46,863.24 41,842.18
 1st week 2nd
gas toll mc gas toll MC
2000 24 250 2000 24 250

Las Pinas to Store 400 48 50 400 48 50

las pinas to divi 400 48 50
service 1200 288 150 1200 288 150
1600 336 200 2000 384 250

MC gas toll
month year month year month
SELLING 200 2400 1600 19200 192
ADMIN 600 7200 4800 57600 1152
PRODUCTION 50 600 400 4800 48
10200 81600

Assumption
second hand car cost 150,0
depreciated for 5 years
Maintenace cost is 10200
 3rd 4th
gas toll mc gas toll mc
2000 24 250 2000 24 250

400 48 50 400 48 50 1992

498
1200 288 150 1200 288 150 6552
1600 48 200 1600 336 200 9042

2018 2019 2020 2021 2022

2304 23904 24764.54 25705.6 26733.82 27856.64

13824 78624 81454.46 84549.73 87931.72 91624.86
576 5976 6191.136 6426.399 6683.455 6964.16
16704 108504 112410.1 116681.7 121349 126445.7

Assumption
second hand car cost 150,000
depreciated for 5 years
Maintenace cost is 10200
Production
2017 working days per day per month
July 21 0 0
August 21 0 0
September 21 0 0
October 21 8 168
November 20 8 160
December 18 8 144
Total 122 472
2018 2
January 22 3 66
February 19 8 152
March 20 8 160
April 20 8 160
May 22 8 176
June 20 8 160
July 22 8 176
August 21 8 168
September 19 8 152
October 23 8 184
November 20 8 160
December 19 8 152
Total 247 8 1866 156
0.6666666667
2019 2
January 22 8 176
February 19 8 152
March 21 8 168
April 19 8 152
May 22 8 176
June 19 8 152
July 23 8 184
August 21 8 168
September 21 8 168
October 23 8 184
November 20 8 160
December 19 8 152
Totak 249 1992 166

2020 2
January 22 8 176
February 20 8 160
March 22 8 176
April 20 8 160
May 19 8 152
June 21 8 168
July 23 8 184
August 19 8 152
September 22 8 176
October 22 8 176
November 20 8 160
December 19 8 152
249 8 1992 166
2021 2
January 20 8 160
February 19 8 152
March 23 8 184
April 19 8 152
May 21 8 168
June 22 8 176
July 22 8 176
August 21 8 168
September 22 8 176
October 21 8 168
November 20 8 160
December 20 8 160
total 250 8 2000 167
2022 3
January 21 12 252
February 19 12 228
March 22 12 264
April 19 12 228
May 22 12 264
June 22 12 264
July 21 12 252
August 22 12 264
September 22 12 264
October 21 12 252
November 20 12 240
December 20 12 240
total 251 3012 251
 11334
16989666
3397933.2

2338

Sales
2018 2019 2020 2021
2628 3069 3921 4799

3939372 4600431 5877579 7193701

764.1

Finished Goods Inventory 2018 2019 2020

beginning 0 1866 3858
manufactured 1866 1425810.60 1992 1522087.2 1992
Sold
ending 1866 3858 5850
 2022
5722 20139

8577278

2021 2022
5850 7850
1522087.2 2000 1528200 3012 2301469.2

7850 10862
 Salaries and Benefits

Employer's Contribution

Personnel Head Count Gross Monthly Salary

(in Pesos)
Store Attendant 1 12288
Distribution Staff 2 10240
10240
Production Staff 5 10240
10240
10240
10240
10240
TOTALS 8 83968

Assumptions on Salary:

Store Attendant
₱ 512 salary per day
24 x working days/month
₱ 12288

Distribution Staff
₱ 512 salary per day
20 x working days/month
₱ 10240

Production Staff
₱ 475 salary per day
20 x working days/month
₱ 9500

Selling Personnel Head Count Gross Monthly Salary

(in Pesos)

Distribution Staff 1 10240

 TOTALS 1 10240

Production Personnel Head Count Gross Monthly Salary

(in Pesos)

Production Staff 5 9500

9500
9500
9500
9500
TOTALS 5 47500
 Monthly Employer Benefit Share
PhilHealth HDMF SSS EC
150 100 920.8 10
125 100 736.7 10
125 100 736.7 10
125 100 736.7 10
125 100 736.7 10
125 100 736.7 10
125 100 736.7 10
125 100 736.7 10
1025 800 6077.7 80

All these wages are above the

minimum wage for
manufacturing establishments
regularly employing less than
10 workers in NCR (P 475).

Monthly Employer Benefit Share

PhilHealth HDMF SSS EC

125 100 736.7 10

 125 100 736.7 10
971.7

Monthly Employer Benefit Share

PhilHealth HDMF SSS EC

112.5 100 699.8 10

112.5 100 699.8 10
112.5 100 699.8 10
112.5 100 699.8 10
112.5 100 699.8 10
562.5 500 3499 50
4611.5
 Employees' Contribution

Monthly Salary and Benefits Borne by Employer Personnel Head Count

(in Pesos)
13468.8 Store Attendant 1
11211.7 Distribution Staff 2
11211.7
11211.7 Production Staff 5
11211.7
11211.7
11211.7
11211.7
91950.7 TOTALS 8

Monthly Salary and Benefits Borne by Employer

(in Pesos)

11211.7
 11211.7

Monthly Salary and Benefits Borne by Employer

(in Pesos)

10422.3
10422.3
10422.3
10422.3
10422.3
52111.5
Gross Monthly Salary Monthly Employee Benefit Share Net Taxable Income
(in Pesos) PhilHealth HDMF SSS (in Pesos)
12288 150 100 454.2 11583.8
10240 125 100 363.3 9651.7
10240 125 100 363.3 9651.7
10240 125 100 363.3 9651.7
10240 125 100 363.3 9651.7
10240 125 100 363.3 9651.7
10240 125 100 363.3 9651.7
10240 125 100 363.3 9651.7
83968 1025 800 2997.3 79145.7
Withholding Tax Monthly Salary and Benefits Borne by Employer
(in Pesos)
1025.09 10558.71
656.035 8995.665
656.035 8995.665
656.035 8995.665
656.035 8995.665
656.035 8995.665
656.035 8995.665
656.035 8995.665
5617.335 73528.365
Raw Materials- Leatherette
Name of Supplier
Leather World

Location Marikina City

Prices 232.1428571429
260

Raw Materials- Cotton

Name of Supplier Divisoria Market
Location Divisoria, Metro Manila
Prices 225
252
Raw Materials- Polyester
Name of Supplier Divisoria Market
Location Divisoria, Metro Manila
Prices 239.2857142857
268
Zipper
Name of Supplier Divisoria Market
Location Divisoria, Metro Manila
Prices 22.3214285714
25
18 inces
Metal Buckles 2
Name of Supplier Taytay Tiangge
Location Taytay, Rizal
Prices 7.1428571429
8

Indirect Mat Michael Tan

Clothing Label P10MOQ 5000 Pcs

Name of Supplier Location

Divisoria Market Divisoria, Metro Manila
Cotton Depot Fabric Alabang, Muntinlupa

Metal Rings
Name of Supplier Location
Divisoria Market Divisoria, Metro Manila
Divisoria Market Divisoria, Metro Manila

String
Name of Supplier Location
 Divisoria Market Divisoria, Metro Manila
Divisoria Market Divisoria, Metro Manila

Raw Materials- Leatherette

Name of Supplier Leather World
Location Marikina City
Prices P230/yard

Raw Materials- Cotton

Name of Supplier Divisoria Market
Location Divisoria, Metro Manila
Prices P200/yard

Raw Materials- Polyester

Name of Supplier Divisoria Market
Location Divisoria, Metro Manila
Prices P230/yard

Zipper 2.95/18/ wo hood

Name of Supplier Divisoria Market
Location Divisoria, Metro Manila
Prices P45/18 inches

Metal Buckles 2
Name of Supplier Taytay Tiangge
Location Taytay, Rizal
Prices P20, (MOQ 1000 pcs)

Indirect Mat Michael Tan

Clothing Label P10MOQ 5000 Pcs

Name of Supplier Location

Divisoria Market Divisoria, Metro Manila
Cotton Depot Fabric Alabang, Muntinlupa

Metal ring
 Divisoria Market Tote Bag

Divisoria, Metro Manila Small- Black (12in x 15in x 3.

250 Large- White (114in x 17in x 4
280

Taytay Tiangge
Taytay, Rizal
245.5357142857
275

Divisoria Market
Divisoria, Metro Manila
245.5357142857
275

Carolina's Lace Shoppe

Makati, Metro Manila
32.1428571429
36
24 inches

168 Mall
Divisoria, Metro Manila
5.3571428571 metal ring 6
6

8.9285714286

Prices
26 23.21429
28 25

Prices
4 3.571429
4 3.571429

Prices yard
 1.5 1.339286
2 1.785714

Divisoria Market
Divisoria, Metro Manila
P250/yard
w/hood 4.11/18

Taytay Tiangge
Taytay, Rizal
P220/yard

Divisoria Market
Divisoria, Metro Manila
P240/yard

Carolina's Lace Shoppe

Makati, Metro Manila
P72/ 24 inches

168 Mall
Divisoria, Metro Manila
P30 (MOQ 500 pcs)

Prices
P26/yard
P28/yard
 Total
Purchase Price (wholesale Purchase
of 50) Silkscreen Price
10 10 20
11 10 21
20.5
Particulars Description

The store located along Taft

Avenue near the universities will
be installed furnitures such as
open cabinet for the display of
jackets and counters for
payments. The floors will be tiled
Counter and Open Cabinets as well.

The builtin cabinets will be used

for the storage of supplies and
tools to keep the production area
neat and organized at the end of
Built-in Cabinets the day
 vat
Estimated Cost/ VAT NCLUSIVE exclusive

15000 13392.86 10 1339.286

6000 5357.143 10 535.7143

18750
Size Chart
Men's Size
XS S M L
Size
INCHES CM INCHES CM INCHES CM INCHES
NECK 14-14.5 35.5-37 15-15.5 38-39.5 16-16.5 40.5-42 17-17.5
CHEST 32-35 81-89 35-38 89-96.5 38-41 96.5-104 41-44
SLEEVE LENGTH 32 81 33 84 34 86.6 35
WAIST 26-29 66-73.5 29-32 73.5-81 32-35 81-89 35-38
HIPS 32-34 81-86 35-37 89-94 38-40 96.5-101.5 41-43

Women's Size
XS S M L
Size
INCHES CM INCHES CM INCHES CM INCHES
BUST 32-33 81-84 34-35 86-69 36-37.5 91-95.5 39-40.5
WAIST 25.5-26.5 64.5-67.5 27.5-28.5 70-72.5 29.5-30.5 75-77.5 32-33.5
HIPS 34.5-35.5 87.5-90 36.5-37.5 92.5-95.5 38.5-40 97.5-101.5 41.5-43

How to Measure
1. NECK: Measure at the base of the thickest part of your neck
2. CHEST/BUST: Measure at the fullest part of the chest under the armpits and over the shoulder blades, keeping the
3. WAIST: Measure around th natural waistline, allowing the tape to sit comfortably
4. SLEEVES: Start at the center back of your neck and measure across the shoulder and down to the wrist. Round up
5. HIPS: Masure around the fullest part of your hips.
 L XL XXL
CM INCHES CM INCHES CM
43-44.5 18-18.5 45.5-47 19-19.5 48-49.5
106.4-114 46-49 117-124.5 50-53 127-134.5
89 36 91.5 37 94
91.5-99 40-43 101.5-109 44-47 112-119.2
104-109 44-46 112-117 48-50 122-127

L XL
CM INCHES CM
99-103 42-44.5 106.5-113
81-85 35.5-37.5 90-95.5
105.5-109.5 45-47 114-119.5

er the shoulder blades, keeping the tape measure firm and level

r and down to the wrist. Round up to the next even number

Activities 2017
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Brainstorming Ideas
Conducting Research
Making Feasibility Study
Building a Business Plan
Determining Legal Business Structure
Assessing Finances
Funding the Business
Complying To Business Requirements
Setting Up Business Location
Improving the Facility
Installing Production Equipment
Installing Office & Store Equipment
Hiring and Training Personnel
Pre-Production Process
Purchasing Materials
Conducting Pre-operating Promotions