Escolar Documentos
Profissional Documentos
Cultura Documentos
Quantity Cost/Unit
Direct Materials
Banana Fiber (per 10 Feet) 70.00 20.00
Nails (per Kilo) 0.25 60.00
Tackers (per Pack) 0.50 110.00
Seal Wood (per Gallon) 0.25 700.00
Varnish (per Gallon) 0.50 450.00
Foam 1.00 1,500.00
Mahogany Wood (per 4 Feet) 8.33 240.00
Pillows (per Piece) 4.00 75.00
Total
Direct Labor
Carpenter 2.00 10,170.80
Assembly Man 1.00 10,570.80
Strippers and Weavers 3.00 8,778.80
Draftsman/AUTO CAD Operaor 1.00 10,646.80
Polish Men/Varnisher 2.00 10,170.80
Total
Overhead
Utillities 0.75 38,000.00
Rent 0.75 80,000.00
Total
Total Product Cost
Mark-Up (100% + 70%)
Selling Price
Sales - 5% Increase
Quantity Sold Per Year
2020 2021 2022 2023
Prodia 40 42 44 46
Regine 33 35 36 38
Pandolfo 38 40 42 44
Moon Bed 27 28 30 31
Arkansas 35 37 39 41
Alabama 31 33 34 36
Dakota 39 41 43 45
Hot Base 40 42 44 46
TOTAL SALES 283 297 312 328
Purchases -
Cost of Materials
2020 2021 2022 2023
Prodia 2,835.00 2,976.75 3,125.59 3,281.87
Regine 9,997.50 10,497.38 11,022.24 11,573.36
Pandolfo 9,602.50 10,082.63 10,586.76 11,116.09
Moon Bed 7,535.00 7,911.75 8,307.34 8,722.70
Arkansas 8,228.75 8,640.19 9,072.20 9,525.81
Alabama 5,560.75 5,838.79 6,130.73 6,437.26
Dakota 3,779.98 3,968.98 4,167.43 4,375.80
Hot Base 3,946.24 4,143.55 4,350.73 4,568.27
TOTAL PURCHASES
Manufacturing Overhead
Plant Monthly Year
Percentage Amount 2020
Utilities :
Water 0.75 15,000.00 11,250.00
Electricity 0.75 20,000.00 15,000.00
Communication System 0.75 3,000.00 2,250.00
Total 0.75 38,000.00 28,500.00
Rent 0.75 80,000.00 60,000.00
Total Manufacturing Overhead 88,500.00
Rent
2020
Initial Payment 240,000.00
Advance Payment 1,000,000.00
Total Payment 1,240,000.00
Less : Total Rent Expense 960,000.00
Total Prepaid Rent (Rent Payable) 280,000.00
Supplies Expense
Quantity Cost/Unit 2020
Sanitary Wares 2 4,059.00 8,118.00
Male Urinal 2 2,750.00 5,500.00
Liquid Soap Dispenser 2 700.00 1,400.00
Sponges 60 5.00 300.00
Fire Extinguisher 2 1,250.00 2,500.00
Total Supplies 17,818.00
Dep
Quantity Cost/Unit Total Useful Annual
Amount Life (Years) 2020
Computer Set 2 32,500.00 65,000.00 5 13,000.00
Filing Cabinet 1 5,995.00 5,995.00 5 1,199.00
Office Table 2 1,500.00 3,000.00 5 600.00
Office Chair 2 1,200.00 2,400.00 5 480.00
Cork Board 1 520.25 520.25 5 104.05
Water Dispenser 1 3,500.00 3,500.00 5 700.00
Total 80,415.25 5 16083.05
Deprec
Quantity Cost/Unit Total Useful Annual
Amount Life (Years) 2020
Hand Drill 2 2,395.00 4,790.00 5 958.00
Rock Well Blade 2 6,676.00 13,352.00 5 2,670.40
Chisel 2 500.00 1,000.00 5 200.00
Hammer 3 377.58 1,132.74 5 226.55
Hand Wood Planer 1 1,550.00 1,550.00 5 310.00
Jack Drill 1 2,500.00 2,500.00 5 500.00
Sander Machine 1 6,000.00 6,000.00 5 1,200.00
Jigsaw Machine 1 8,000.00 8,000.00 5 1,600.00
Hand Planer Long 1 37,500.00 37,500.00 5 7,500.00
Tacker Gun 2 676.20 1,352.40 2 676.20
Total 77,177.14 5 15841.15
Depre
Quantity Cost/Unit Total Useful Annual
Amount Life (Years) 2020
Exhaust Fan 4 676.00 2,704.00 5 540.80
Air Condition 1 12,000.00 12,000.00 5 2,400.00
Ventilator Fan 2 15,490.25 30,980.50 5 6,196.10
Total 45,684.50 5 9136.90
Depr
Quantity Cost/Unit Total Useful Annual
Amount Life (Years) 2020
Delivery Truck 1 640,000.00 640,000.00 10 64,000.00
Total
La Musa Furnish
Total Projected Cost
Capital Contribution 1250000
Material Purchases
Direct Labor
MOH
Salaries Expense
SSS & PhilHealth Expense
Withholding Tax Expense
Research and Development Expense
Advertising Expense
Painting Expense
Rent Expense
Utilities Expense
Professional Fees
Licenses And Permits
Supplies Expense
Depreciation Expense - Office Equipments
Depreciation Expense - Warehouse Equipments
Depreciation Expense - Ventilation Equipments
Depreciation Expense - Delivery Equipments
Total Projected Cost
Cash beginning
Produced Date of Share Total Cost
Units Completion Per Product
(Monthly) (8 Products)
Direct Materials
2.00 700.00
2.00 7.50
2.00 27.50
2.00 87.50
2.00 112.50
2.00 750.00
2.00 1,000.00
2.00 150.00
2,835.00
verhead
Yearly Amount
2021 2022 2023 2024
Direct Materials Used
11,250.00 11,250.00 11,250.00 11,250.00 Direct Labor
15,000.00 15,000.00 15,000.00 15,000.00 Manufacturing Overhead
2,250.00 2,250.00 2,250.00 2,250.00 Total Cost of goods Available For Sale
28,500.00 28,500.00 28,500.00 28,500.00 Ending Inventory Rate
60,000.00 60,000.00 60,000.00 60,000.00 Finished Goods Ending Inventory
88,500.00 88,500.00 88,500.00 88,500.00
ery Income
Yearly Amount
2021 2022 2023 2024
Manager
Finance Head
74,287.50 Operations Head
78,001.88 Marketing Head
81,901.97 Quality Control Supervisor
85,997.07 Salesperson
74,287.50 78,001.88 81,901.97 85,997.07 Helpers/Delivery
Security Guard
Total
Contribution
2021 2022 2023 2024
750.00 750.00 750.00 750.00 Manager
687.50 687.50 687.50 687.50 Finance Head
687.50 687.50 687.50 687.50 Operations Head
687.50 687.50 687.50 687.50 Marketing Head
488.50 488.50 488.50 488.50 Quality Control Supervisor
429.20 429.20 429.20 429.20 Salesperson
429.20 429.20 429.20 429.20 Helpers/Delivery
429.20 429.20 429.20 429.20 Security Guard
4,588.60 4,588.60 4,588.60 4,588.60 Total
12 12 12 12 Number of Months
55,063.20 55,063.20 55,063.20 55,063.20 Total Yearly Expense
4,588.60 4,588.60 4,588.60 4,588.60 Less : Year-End Withholding Tax Payab
50,474.60 50,474.60 50,474.60 50,474.60 Total Withholding Tax Expense
ment Expense
2021 2022 2023 2024
5,000.00 5,000.00 5,000.00 5,000.00 Tarpaulin
20,000.00 20,000.00 20,000.00 20,000.00 Leaflets
25,000.00 25,000.00 25,000.00 25,000.00 Business Card
Showroom Rental
Showroom Electricity
2021 2022 2023 2024 Showroom Water
Facebook Boost
1,000,000.00 1,000,000.00 1,000,000.00 1,000,000.00 Total Advertising Expense
1,000,000.00 1,000,000.00 1,000,000.00 1,000,000.00
960,000.00 960,000.00 960,000.00 960,000.00
40,000.00 40,000.00 40,000.00 40,000.00
Monthly Utilities Expense
nse Number of Months
2021 2022 2023 2024 Yearly Utilities Expense
Less : Year-End Utilities Payable
Total Utilities Expense
30%) Qua
2021 2022 2023 2024 2020
4 4,134.37
49,840.22 4
100,998.90 4
156,040.01 4
212,295.67 4
49,840.22 100,998.90 156,040.01 212,295.67 4,134.37
12,460.06 25,249.73 39,010.00 53,073.92
37,380.17 75,749.18 117,030.01 159,221.76
2,184.67
500.00 500.00 500.00 500.00
munity tax Certificate 500.00 - -
90.00 90.00 90.00 90.00
1,200.00 1,200.00 1,200.00 1,200.00
200.00
afety Inspection Fee 649.00
100.00
500.00 500.00 500.00 500.00
ocumentary Stamp 15.00
4,265.00 500.00 500.00 500.00
20,000.00
La Musa Furnish
Total Projected Cost
7 8750000
Cost
2,471,314.56
621,312.00
88,500.00
1,490,563.75
50,474.60
144,331.00
25,000.00
43,600.00
800.00
960,000.00
418,000.00
40,000.00
30,203.67
17,818.00
80,415.25
77,177.14
45,684.50
640,000.00
7,245,194.47
1,504,805.53
Regine Dining Set
Quantity Cost/Unit
(100% + 70%)
2023 2024
657,932.17 690,828.78
1,007,946.58 1,058,343.91
1,131,126.64 1,187,682.97
693,838.66 728,530.59
947,205.07 994,565.33
676,186.82 709,996.16
714,011.59 749,712.17
745,407.32 782,677.69
6,573,654.87 6,902,337.61
early Purchases
2023 2024
157,529.61 165,406.09
555,521.09 583,297.14
533,572.52 560,251.14
418,689.81 439,624.30
457,238.72 480,100.66
308,988.63 324,438.07
210,038.37 220,540.29
219,276.77 230,240.61
2,860,855.52 3,003,898.29
st
hilHealth Total Total Monthly Number Yearly
Total WTP Deduction Net Salary of Months Net Salary
125.00 655.00 229.20 10,170.80 12 122,049.60
125.00 655.00 229.20 10,570.80 12 126,849.60
175.00 913.40 321.20 8,778.80 12 105,345.60
225.00 1,223.00 429.20 10,646.80 12 127,761.60
125.00 655.00 229.20 10,170.80 12 122,049.60
775.00 4,101.40 1,438.00 50,338.00 12 604,056.00
Salaries Expense
Total Net Indirect Labor Cost
2020 2021 2022 2023 2024
231,000.00 231,000.00 231,000.00 231,000.00 231,000.00
88,673.08 88,673.08 88,673.08 88,673.08 88,673.08
171,750.00 171,750.00 171,750.00 171,750.00 171,750.00
88,673.08 88,673.08 88,673.08 88,673.08 88,673.08
ontrol Supervisor 143,898.00 143,898.00 143,898.00 143,898.00 143,898.00
383,284.80 383,284.80 383,284.80 383,284.80 383,284.80
255,523.20 255,523.20 255,523.20 255,523.20 255,523.20
127,761.60 127,761.60 127,761.60 127,761.60 127,761.60
1,490,563.75 1,490,563.75 1,490,563.75 1,490,563.75 1,490,563.75
Withholding Tax
2020 2021 2022 2023 2024
2,090.00 2,090.00 2,090.00 2,090.00 2,090.00
1,965.00 1,965.00 1,965.00 1,965.00 1,965.00
1,965.00 1,965.00 1,965.00 1,965.00 1,965.00
1,965.00 1,965.00 1,965.00 1,965.00 1,965.00
ontrol Supervisor 1,467.00 1,467.00 1,467.00 1,467.00 1,467.00
1,223.00 1,223.00 1,223.00 1,223.00 1,223.00
1,223.00 1,223.00 1,223.00 1,223.00 1,223.00
1,223.00 1,223.00 1,223.00 1,223.00 1,223.00
13,121.00 13,121.00 13,121.00 13,121.00 13,121.00
12 12 12 12 12
157,452.00 157,452.00 157,452.00 157,452.00 157,452.00
r-End Withholding Tax Payable 13,121.00 13,121.00 13,121.00 13,121.00 13,121.00
hholding Tax Expense 144,331.00 144,331.00 144,331.00 144,331.00 144,331.00
Advertising Expense
2020 2021 2022 2023 2024
600.00 600.00 600.00 600.00 600.00
1,000.00 1,000.00 1,000.00 1,000.00 1,000.00
2,000.00 2,000.00 2,000.00 2,000.00 2,000.00
25,000.00 25,000.00 25,000.00 25,000.00 25,000.00
m Electricity 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
2,000.00 2,000.00 2,000.00 2,000.00 2,000.00
3,000.00 3,000.00 3,000.00 3,000.00 3,000.00
ertising Expense 43,600.00 43,600.00 43,600.00 43,600.00 43,600.00
Utilities
2020 2021 2022 2023 2024
Utilities Expense 38,000.00 38,000.00 38,000.00 38,000.00 38,000.00
12 12 12 12 12
tilities Expense 456,000.00 456,000.00 456,000.00 456,000.00 456,000.00
r-End Utilities Payable 38,000.00 38,000.00 38,000.00 38,000.00 38,000.00
ities Expense 418,000.00 418,000.00 418,000.00 418,000.00 418,000.00
Drawings
2020 2021 2022 2023 2024
100,000.00 100,000.00 100,000.00 100,000.00
100,000.00 100,000.00 100,000.00 100,000.00
100,000.00 100,000.00 100,000.00 100,000.00
100,000.00 100,000.00 100,000.00 100,000.00
100,000.00 100,000.00 100,000.00 100,000.00
100,000.00 100,000.00 100,000.00 100,000.00
100,000.00 100,000.00 100,000.00 100,000.00
700,000.00 700,000.00 700,000.00 700,000.00
Carrying Value
2021 2022 2023 2024
39,000.00 26,000.00 13,000.00 -
3,597.00 2,398.00 1,199.00 -
1,800.00 1,200.00 600.00 -
1,440.00 960.00 480.00 -
312.15 208.10 104.05 -
2,100.00 1,400.00 700.00 -
48,249.15 32,166.10 16,083.05 -
Carrying Value
2021 2022 2023 2024
2,874.00 1,916.00 958.00 -
8,011.20 5,340.80 2,670.40 -
600.00 400.00 200.00 -
679.64 453.10 226.55 -
930.00 620.00 310.00 -
1,500.00 1,000.00 500.00 -
3,600.00 2,400.00 1,200.00 -
4,800.00 3,200.00 1,600.00 -
22,500.00 15,000.00 7,500.00 -
- - - -
45,494.84 30,329.90 15,164.95 -
Carrying Value
2021 2022 2023 2024
1,622.40 1,081.60 540.80 -
7,200.00 4,800.00 2,400.00 -
18,588.30 12,392.20 6,196.10 -
27,410.70 18,273.80 9,136.90 -
Carrying Value
2021 2022 2023 2024
512,000.00 448,000.00 384,000.00 320,000.00
12,460.06
25,249.73
39,010.00
53,073.92
12,460.06 25,249.73 39,010.00 53,073.92
2024
500.00
-
90.00
1,200.00
500.00
500.00
2,790.00
Produced Date of Share Total Cost
Units Completion Per Product
(Monthly) (8 Products)
Direct Materials
2.00 800.00 Banana Fiber (per 10 Feet)
2.00 4,000.00 Mattress
2.00 4,500.00 Oakwood 2x2x8
2.00 37.50 Oakwood 2x3x10
2.00 20.00 Oakwood 2x8x10
2.00 45.00 Nails (4' Size)
2.00 450.00 Varnish
2.00 90.00 Total
2.00 55.00 Direct Labor
9,997.50 Carpenter
Assembly Man
0.25 8.00 635.68 Strippers and Weavers
0.25 8.00 330.34 Draftsman/AUTO CAD Operaor
0.25 8.00 823.01 Polish Men/Varnisher
0.25 8.00 332.71 Total
0.25 8.00 635.68 Overhead
2,757.41 Utillities
Rent
0.25 8.00 890.63 Total
0.25 8.00 1,875.00 Total Product Cost
2,765.63 Mark-Up (100% + 70%)
15,520.54 Selling Price
170%
26,384.91
Total Yearly Total
Net Salary Salary
244,099.20 124,800.00
126,849.60 129,600.00
316,036.80 109,200.00
127,761.60 132,912.00
244,099.20 124,800.00
1,058,846.40 621,312.00
Direct Materials
Banana Fiber (per 10 Feet) 100.00 20.00
Cushion 1.00 7,950.00
Nail (4' Size) 1.00 50.00
Mahogany Wood 2x2x8 4.00 115.00
Mahogany Wood 2x4x10 14.00 265.00
Varnish 2.00 450.00
Total
Direct Labor
Carpenter 2.00 10,170.80
Assembly Man 1.00 10,570.80
Strippers and Weavers 3.00 8,778.80
Draftsman/AUTO CAD Operaor 1.00 10,646.80
Polish Men/Varnisher 2.00 10,170.80
Total
Overhead
Utillities 0.75 38,000.00
Rent 0.75 80,000.00
Total
Total Product Cost
Mark-Up (100% + 70%)
Selling Price
Produced Date of Share Total Cost
Units Completion Per Product
(Monthly) (8 Products)
Direct Materials
2.00 1,000.00 Banana Fiber (per 10 Feet)
2.00 3,975.00 Narra Wood
2.00 25.00 Narra Wood
2.00 230.00 Tackers
2.00 1,855.00 Nails (1.5 Size)
2.00 450.00 Nails (2 Size)
7,535.00 Epoxy
Varnish
0.25 8.00 635.68 Thinner
0.25 8.00 330.34 Total
0.25 8.00 823.01 Direct Labor
0.25 8.00 332.71 Carpenter
0.25 8.00 635.68 Assembly Man
2,757.41 Strippers and Weavers
Draftsman/AUTO CAD Operaor
0.25 8.00 890.63 Polish Men/Varnisher
0.25 8.00 1,875.00 Total
2,765.63 Overhead
13,058.04 Utillities
170% Rent
22,198.66 Total
Total Product Cost
Mark-Up (100% + 70%)
Selling Price
Arkansas
Quantity Cost/Unit Produced Date of Share Total Cost
Units Completion Per Product
(Monthly) (8 Products)
Direct Materials
Banana Fiber (per 10 Feet) 50.00 20.00
Narra Wood (per 6 Feet) 1.00 6,000.00
Narra Wood (per 2 Feet) 4.00 816.00
Epoxy (Small Can 4 Feet) 1.00 75.00
Nails (1.5 Size) 0.25 80.00
Nails (2 Size) 0.25 90.00
Varnish 1.00 450.00
Thinner 1.00 180.00
Tackers (5000pcs/pack) 1.00 110.00
Total
Direct Labor
Carpenter 2.00 10,170.80
Assembly Man 1.00 10,570.80
Strippers and Weavers 3.00 8,778.80
Draftsman/AUTO CAD Operaor 1.00 10,646.80
Polish Men/Varnisher 2.00 10,170.80
Total
Overhead
Utillities 0.75 38,000.00
Rent 0.75 80,000.00
Total
Total Product Cost
Mark-Up (100% + 70%)
Selling Price
Produced Date of Share Total Cost
Units Completion Per Product
(Monthly) (8 Products)
Direct Materials
2.00 500.00 Banana Fiber (per 10 Feet)
2.00 3,000.00 Plywood
2.00 1,632.00 Nails (1.5 Size)
2.00 37.50 Varnish
2.00 10.00 Foam
2.00 11.25 Pillows
2.00 225.00 Tackers (5000pcs/pack)
2.00 90.00 Total
2.00 55.00 Direct Labor
5,560.75 Carpenter
Assembly Man
0.25 8.00 635.68 Strippers and Weavers
0.25 8.00 330.34 Draftsman/AUTO CAD Operaor
0.25 8.00 823.01 Polish Men/Varnisher
0.25 8.00 332.71 Total
0.25 8.00 635.68 Overhead
2,757.41 Utillities
Rent
0.25 8.00 890.63 Total
0.25 8.00 1,875.00 Total Product Cost
2,765.63 Mark-Up (100% + 70%)
11,083.79 Selling Price
170%
18,842.44
Dakota
Quantity Cost/Unit Produced Date of Share Total Cost
Units Completion Per Product
(Monthly) (8 Products)
Direct Materials
Banana Fiber (per 10 Feet) 150.00 20.00
Plywood 2.00 838.74
Metal Base 4.00 110.00
Nails (1.5 Size) 0.50 80.00
Foam 1.00 2,000.00
Varnish 1.00 450.00
Sealwood 0.50 350.00
Tackers (5000pcs/pack) 1.00 110.00
Total
Direct Labor
Carpenter 2.00 10,170.80
Assembly Man 1.00 10,570.80
Strippers and Weavers 3.00 8,778.80
Draftsman/AUTO CAD Operaor 1.00 10,646.80
Polish Men/Varnisher 2.00 10,170.80
Total
Overhead
Utillities 0.75 38,000.00
Rent 0.75 80,000.00
Total
Total Product Cost
Mark-Up (100% + 70%)
Selling Price
Produced Date of Share Total Cost
Units Completion Per Product
(Monthly) (8 Products)
2.00 1,500.00
2.00 838.74
2.00 220.00
2.00 20.00
2.00 1,000.00
2.00 225.00
2.00 87.50
2.00 55.00
3,946.24
2020
Sales Revenue 5,678,570.24
Less : Cost of Sales
Direct Materials
Materials, Beginning Inventory -
Add : Materials Purchases 1 2,471,314.56
Materials Available For Use 2,471,314.56
Less : Materials, Ending Inventory 2 102,971.44
Materials Used 2,368,343.12
Add : Direct Labor 3 621,312.00
Add : Manufacturing Overhead 4 88,500.00
Total Manufacturing Cost 3,078,155.12
Add : Finished Goods Inventory, Beginning
Cost of Goods Available For Sale 3,078,155.12
Less : Finished Goods Inventory, Ending 5 307,815.51
Cost of Goods Manufactured And Sold 2,770,339.61
Gross Profit 3,310,227.12
Other Income 6 70,750.00
Less : Expenses
Salaries Expense 7 1,490,563.75
SSS & PhilHealth Expense 8 50,474.60
Withholding Tax Expense 9 144,331.00
Research and Development Expense 10 25,000.00
Advertising Expense 11 43,600.00
Painting Expense 800.00
Rent Expense 12 960,000.00
Utilities Expense 13 418,000.00
Professional Fees 40,000.00
Licenses And Permits 14 30,203.67
Supplies Expense 15 17,818.00
Depreciation Exp. - Office Equipment 16 16,083.05
Depreciation Exp. - Warehouse Equip. 17 15,841.15
Depreciation Exp. - Ventilation Equip. 18 9,136.90
Depreciation Exp. - Delivery Equipment 19 64,000.00
Total Expenses 3,325,852.12
Income 55,124.99
Tax Provision Rate (30%) 20 12,403.12
Net Income 42,721.87
La Musa Furnish
Income Statement
For The Years:
2020 2021
Sherra Q. Elizaga
Beginning Capital 1,256,103.12
Capital Contribution 1,250,000.00
Share in Net Income(Loss) 6,103.12 18,393.42
Total 1,256,103.12 1,274,496.54
Drawings - 100,000.00
Ending Capital 1,256,103.12 1,174,496.54
Resty Idusora
Beginning Capital 1,256,103.12
Capital Contribution 1,250,000.00
Share in Net Income(Loss) 6,103.12 18,393.42
Total 1,256,103.12 1,274,496.54
Drawings - 100,000.00
Ending Capital 1,256,103.12 1,174,496.54
John Ocsan Anod
Beginning Capital 1,256,103.12
Capital Contribution 1,250,000.00
Share in Net Income(Loss) 6,103.12 18,393.42
Total 1,256,103.12 1,274,496.54
Drawings - 100,000.00
Ending Capital 1,256,103.12 1,174,496.54
Elaiza Joy Ignacio
Beginning Capital 1,256,103.12
Capital Contribution 1,250,000.00
Share in Net Income(Loss) 6,103.12 18,393.42
Total 1,256,103.12 1,274,496.54
Drawings - 100,000.00
Ending Capital 1,256,103.12 1,174,496.54
Marc Reyvin Laminero
Beginning Capital 1,256,103.12
Capital Contribution 1,250,000.00
Share in Net Income(Loss) 6,103.12 18,393.42
Total 1,256,103.12 1,274,496.54
Drawings - 100,000.00
Ending Capital 1,256,103.12 1,174,496.54
Dindo Magallano
Beginning Capital 1,256,103.12
Capital Contribution 1,250,000.00
Share in Net Income(Loss) 6,103.12 18,393.42
Total 1,256,103.12 1,274,496.54
Drawings - 100,000.00
Ending Capital 1,256,103.12 1,174,496.54
Kenneth Navarro
Beginning Capital 1,256,103.12
Capital Contribution 1,250,000.00
Share in Net Income(Loss) 6,103.12 18,393.42
Total 1,256,103.12 1,274,496.54
Drawings - 100,000.00
Ending Capital 1,256,103.12 1,174,496.54
La MusaFurnish
of Partner's Equity
or The Years
Liabilities :
Current Liabilities :
SSS, PhilHealth Payable 4,588.60
Withholding Tax Payable 13,121.00
Utilities Payable 38,000.00
Tax Provision 4,134.37
Total Current Liabilities 59,843.97
Total Liabilities 59,843.97
Capital :
Capital, Sherra Q. Elizaga 1,256,103.12
Capital, Resty Idusora 1,256,103.12
Capital, Elaiza Joy Ignacio 1,256,103.12
Capital, Marc Reyvin Laminero 1,256,103.12
Capital, Dindo Magallano 1,256,103.12
Capital, John Ocsan Anod 1,256,103.12
Capital, Kenneth Navarro 1,256,103.12
Total Capital 8,792,721.87
2020 2021
Net Income 42,721.87 128,753.91
Operating Activities :
Depreciation - Office Equipment 16,083.05 16,083.05
Depreciation - Warehouse Equipment 15,841.15 15,841.15
Depreciation - Ventilation Equipment 9,136.90 9,136.90
Depreciation - Delivery Equipment 64,000.00 64,000.00
(Increase)Decrease in Materials Inventory (102,971.44) (5,148.57)
(Increase)Decrease in Finished Goods Inventory (307,815.51) 43,852.01
(Increase)Decrease in Prepaid Rent (280,000.00) 240,000.00
Increase(Decrease) in SSS & PhilHealth Payable 4,588.60 -
Increase(Decrease) in Withholding Tax Payable 13,121.00 -
Increase(Decrease) in Utilities Payable 38,000.00 -
Increase(Decrease) in Tax provision 4,134.37 8,325.68
Net Cash Provided by Operating Activities (483,160.01) 520,844.13
Investing Activities :
Acquisition of Office Equipment 80,415.25
Acquisition of Warehouse Equipment 77,177.14
Acquisition of Ventilation Equipment 45,684.50
Acquisition of Delivery Equipment 640,000.00
Net Cash Provided by Investing Activities (843,276.89) -
Financing Activities :
Cash Contribution 8,750,000.00
Net Cash Provided by Financing Activities 8,750,000.00
- - -
Net Income
Sales
Profit Margin/Return on Sales
Net Income
Average Total Assets
Return on Assets
DEBT MANAGEMENT RATIO
PROFITABILITY RATIO