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Kaizen Company Xavier University Ateneo de Cagayan Corrales Avenue Cagayan de Oro City +639156844136

Report for the Month of June

Submitted by:

General Manager: Glendelle Joy O. Jalagat Financial Manager: Alexis M. Agno Production Manager: Robert V. Fernandez Marketing Manager: Michaela O. Lomongo Purchasing Manager: Myrna P. Bacus Research and Development: Clarice Jobeth R. Kee Cash Custodian: Arglenn ian A. Aguiman

Kaizen Company Xavier University Ateneo de Cagayan Corrales Avenue Cagayan de Oro City +639156844136

A. June Activities Production Activities: The location of the stall is already secured, located at the Magis Canteen near the Pavilion.

Administrative Activities: The expenses during compliance of the SEC mall requirements (all the legal papers) are considered Administrative expense. The company uniform will be readily worn during the SEC opening, along with the company identification cards. The company uniform along with the identification card can be worn during school days and is permitted by the Dean as requested by SEC mall.

Marketing Activities: The flyers and template are ready, flyers would be distributed during the SEC mall opening and the template will be put in a tarpaulin for marketing purposes.

Financial Activities: The remaining money from the total investment is already deposited in XUCCCO for regulation purposes. The signatories are the General Manager, Production Manager and Cash Custodian. The Financial Statements during June is already done by the Financial Manager, supported by the receipts kept by the Cash Custodian.

Purchasing Activities: Only one blender is purchased to test the blender in July 6 for SEC mall product presentation, and if the quality is good, another blender would be bought with the same brand, to be used during the July 10 feasibility studies product launching.

Kaizen Company Xavier University Ateneo de Cagayan Corrales Avenue Cagayan de Oro City +639156844136

B. July Future Plan Production Activities: The production must increase to cover all the losses incurred during the month of June.

Marketing Activities: The releasing of freebie coupons (180pcs) will be implemented, these coupon will serve as the note on how many times the customers already bought the product, upon reaching the specified number of purchases freebies will be given. Freebie: ballpens and fans

Financial Activities: All of the projected financial statements during the month of July were adjusted to come up with a new forecasted financial statements that coincides with the forecasted production plan.

Purchasing Activities: The purchase of the 2nd blender will be implemented

C. Problems Encountered and Solutions Implemented The company was not able to operate in June due to delayed opening of SEC mall, so the Production Manager is making production in July be doubled to compensate the losses. The company was not able to deposit the money in XUCCCO, and the solution made was that the Cash Custodian and the Financial Manager were ask to make all Financial Statements to track all the expenses and the remaining cash were deposited to XUCCCO.

Prepared by: Jalagat, Glendelle Joy O. General Manager

Kaizen Company Xavier University Ateneo de Cagayan Corrales Avenue Cagayan de Oro City +639156844136

Production Report
A. ACTUAL PRODUCTION FOR THE MONTH OF JUNE
PROJECTED Days 10 Units 35 Days N/A ACTUAL Units 0

Note: The Company was not able to operate in June due to delayed opening of SEC mall. Raw Materials N/a Cost N/A

Note: Since the Company wasnt able to operate in the month of June due to the compliance of SEC mall application, the Purchasing Manager had no transaction to the Companys suppliers. B. PROJECTED PRODUCTION SCHEDULE FOR THE MONTH OF JULY
PROJECTED Days 22 Units 39 16 55

Note: Since the Company wasnt able to operate in June, the Production Manager decided to add 16 units per day in the month of July totalling up to 55 units per day to compensate its loses in the month of June. C. PROBLEMS / SOLUTIONS Problem/s 1. No operation for the month of June Solution/s - Increase the production in July to compensate loses

Prepared by: Fernandez, Robert V. Production Manager

Kaizen Company Xavier University Ateneo de Cagayan Corrales Avenue Cagayan de Oro City +639156844136

Marketing Report A. Promotions for the month of June Printing and distribution of 100pcs of flyers on June Online Facebook Page Word of mouth Printing of tarpaulin

Promotion Budget: This budget is a projection of one month after which the hoardings will be removed. This is because the brand awareness would have been created and we can concentrate on other promotional activities, so as to increase sales.

Promotion Objective: To create a sense of loyalty among the other competitors who are the most important link in the chain To increase awareness of the brand

B. Plans for July Releasing of freebie coupon(180pcs) Completion of freebie coupons get ballpens and fans

C. Problems Encountered with Solutions Implemented - none

Prepared by: Michaela O. Lomongo Marketing Manager

Kaizen Company Xavier University Ateneo de Cagayan Corrales Avenue Cagayan de Oro City +639156844136

Financial Report A. Kaizen Company Cashflow Statement For the Month of June 2013

OPERATING ACTIVITIES Pre operating Net Cash Flow From Operating Activities INVESTING ACTIVITIES Increase in Equipment Investments Increase in Supplies Net Cash Flow From Investing Activities Net inflow/(outflows) of the month Cash from the Beginning of the Period Cash at the End of the Month (788.75) (187) (975.75) (2,368) 11,200 8,832 (1,392.25) (1,392.25)

Kaizen Company Balance Sheet For the Month of June 2013 Cash Equipment Supplies TOTAL ASSETS Beginning Capital Add: Net Income/ Loss 8,832 788.75 187 9,807.75 11,200 (1,392.25) 9,807.75

Kaizen Company Xavier University Ateneo de Cagayan Corrales Avenue Cagayan de Oro City +639156844136

Kaizen Company Income Statement For the Month of June 2013 JUNE Sales Pre Operating Expense Net Loss
B. Kaizen Company Projected Cashflow Statement For the Month of July 2013

(1,392.25) (1,392.25)

OPERATING ACTIVITIES Sales Payment to Suppliers Selling Expense Supplies Expense Salaries Expense Rent Expense Transportation Expense Net Cash Flow from Operating Activities INVESTING ACTIVITIES Increase in Equipment Investment Net Cash Flow from Investing Activities Net inflow/(outflows)for the month Cash from the Beginning of the Period Cash at End of the Month

30,200 (16,851.6) (468.09) (20.13) (2,812) (4000) (132) 5,916.18 (1,024) (1,024) 4,892.18 8,832__ 13,724.18

Note: The increase in equipment investment is the additional purchase of blender and some other tools use for production.

Kaizen Company Xavier University Ateneo de Cagayan Corrales Avenue Cagayan de Oro City +639156844136

Kaizen Company Projected Balance Sheet For the Month of July

ASSETS Cash Equipments Accumulated Depreciation Total Assets OWNERS EQUITY Beginning Capital Add: Net Income/Loss Total Liabilities and Owners Equity

13,724.18 1,999.75 (38.95)___ 15,684.98 9,807.75 5877.23 15,684.98

Note: The increase in total assets and owners equity from June was due to the additional purchase of equipments and cash from the projected earnings of the company.
Kaizen Company Projected Income Statement For the Month of July 2013

Sales Variable Cost Direct Materials Direct Labour Factory Overhead Total Variable Cost Contribution Margin Fixed Cost Transportation Expense Rent Expense Depreciation Expense General and Administrative Expense Salaries Expense Marketing and Selling Expense Total Fixed Cost Net Income

30,200 (16,851.6) (1,812) (18,663.6) 11,536.40 (132) (4000) (38.95) (20.13) (1000) (468.09) (5,659.17) 5,877.23

Kaizen Company Xavier University Ateneo de Cagayan Corrales Avenue Cagayan de Oro City +639156844136

Note: Since there was no sales and income in June, the Company decided to increase the quota in July to be able to compensate the loss they had in June. C. There are so many changes in the financial statement due to delayed operation and the financial manger was told to revise the projected financial statements.

Prepared by: Agno, Alexis Financial Manager

Aguiman, Arglenn Ian


Cash Custodian

Kaizen Company Xavier University Ateneo de Cagayan Corrales Avenue Cagayan de Oro City +639156844136

Purchasing Report A. June 30, 2013 ITEM Blender Tumbler Food Keeper Pitchel LOCATION/ STORE Savemore Savemore Savemore Savemore QUANTITY 1 1 1 1 PRICE UNIT 689 100 50 49 per OR# TOTAL Php 689 Php 100 Php 50 Php 49 Php 888

16183965 TOTAL

B. For the month of July : We will purchase 1 unit of blender and other utensils that will be using for our production. We will also buy our fruits (mango, banana and watermelon) every other day within the month. C. Problem and Solution We dont have enough money left in our account so we decided to buy only 1 unit of Blender for the month of June.

Prepared by: Bacus, Myrna Purchasing Manager

Kaizen Company Xavier University Ateneo de Cagayan Corrales Avenue Cagayan de Oro City +639156844136

Research and Development

A. As part of Kaizen Companys effort to fully develop its product and acquire an even greater market share to boost its sales, the Research and Development Manager has conducted the following for the month of June: 1. Thorough online research for the latest developments and recipes in the beverage industry. 2. Observation and interview to existing shake businesses to know which of the other varieties sells well and to know the market preferences. The researcher was able to know that customers want to exercise their personal preferences and they want their favorite shakes to contain their favorite add ons like pearls, sago, etc. 3. Flavor and other fruit variety experimentation- The researcher is conducting trials as to what other varieties the four season shake can produce.

B. The plan for July to continue the research and make it more in depth. Also, the plan to add other fruit varieties will be presented to the other managers to get their opinion. The company will also discuss about other developments for the product. Furthermore, when the operation starts, we will do actual interview and surveys to our customers to know their insight about the product versus the competitors.

C. The current problem of the company is that there will be possible differences in the taste of the shake because the fruits ripeness varies.

Prepared by: Kee, Clarice Jobeth R. Research and Development

Kaizen Company Xavier University Ateneo de Cagayan Corrales Avenue Cagayan de Oro City +639156844136