Fixed Investment

Foodtruck
Operations Equipment and Tools
Office Furniture and Fixture
Warehouse Tools and Equipment

Working Capital

Purchases
Rent Expense
Salaries and wages
SSS Contribution
Philhealth Contribution
PAG-IBIG Contribution
Utilities Expense
Cooking Gas Expense
Gasoline Expense
Office Supplies Expense
Foodtruck Supplies Expense
Maintenance Expense
Miscellaneous Expense

Pre-Operating Expense

Taxes, Registration and Licenses

Advertising Expense

Total Project Cost

Adjusted Total Project Cost

 PRONTO POTATO
Projected Cash Flow Statement
For the Years 1-3

Particulars Schedule Year 1 Year 2

Projected Cash Balance, beginning of the year 0.00 xxx

Projected Cash Receipts:

Intial investment 1 xxx xxx
Sales xxx xxx
Total Cash Receipts xxx xxx
Projected Total Cash Available during the year xxx xxx
Projected Cash Disbursements: xxx xxx
Cash Purchases 3 xxx xxx
Payment of Purchases on Account 3 xxx xxx
Payment of Advance Rental Deposit 5 xxx xxx
Payment of Operating Expenses (excluding acquisition cost of 23 xxx xxx
replacement cost of kitchen utensil)
Remittance to BIR of 5% Expanded Withholding Tax on rental 14 xxx xxx
Remittance to BIR of Employees withholding taxes 13 xxx xxx
Remittance to BIR of VAT Payable 22 xxx xxx
Income Tax Payments xxx xxx
Acquisition cost of the replaced Kitchen untensils and equipment 18 xxx xxx
Acquisition for Assets 4 xxx xxx
xxx xxx xxx

xxx Php xxx Php xxx

Year 3 Year 4 Year 5

xxx xxx xxx

xxx xxx xxx

xxx xxx xxx
xxx xxx xxx
xxx xxx xxx
xxx xxx xxx
xxx xxx xxx
xxx xxx xxx
xxx xxx xxx

xxx xxx xxx

xxx xxx xxx

xxx xxx xxx
xxx xxx xxx
xxx xxx xxx
xxx xxx xxx
xxx xxx xxx
xxx xxx xxx

Php xxx Php xxx Php xxx

 PRONTO POTATO
Projected Balance Sheet
As of Years 1-3

Schedule Year 1 Year 2 Year 3 Year 4

ASSETS
Current Assets:
Cash Cash Flow Statement xxx xxx xxx xxx
Inventories 3 xxx xxx xxx xxx
Advance Rental Deposit 5 xxx xxx xxx xxx
Total Current Assets

Non-Current Assets xxx xxx xxx xxx

Property, Plant, & Equipment 5 xxx xxx xxx xxx
Advance Rental Deposit 15 xxx xxx xxx xxx
Total Non-Current Assets xxx xxx xxx xxx

TOTAL ASSETS Php xxx Php xxx Php xxx Php xxx
LIABILITIES & PARTNER'S EQUITY
Current Liabilities
Accounts Payable 3 xxx xxx xxx xxx
Other Taxes Payable 22a xxx xxx xxx xxx
SSS & EC Premium Payable 11 xxx xxx xxx xxx
PAGIBIG Premium Payable 12 xxx xxx xxx xxx
PhilHealth Premium Payable 13 xxx xxx xxx xxx
Income Tax Payable income statement xxx xxx xxx xxx
Total Current Liabilities xxx xxx xxx xxx

Partner's Equity
Daniel Chang, Capital xxx xxx xxx xxx
Reina Camille De Leon, Capital xxx xxx xxx xxx
Christine Shaira Galvez, Capital xxx xxx xxx xxx
Jessica Mayuyo, Capital xxx xxx xxx xxx
Carmina Nepomuceno, Capital xxx xxx xxx xxx
Junacy Shayne Sadac, Capital xxx xxx xxx xxx
Aira Geyle Valen, Capital xxx xxx xxx xxx
Camille Villanueva, Capital xxx xxx xxx xxx
TOTAL LIABILITIES & PARTNER'S EQUITY Php xxx Php xxx Php xxx Php xxx
Year 5

xxx
xxx
xxx

xxx
xxx
xxx
xxx

Php xxx

xxx
xxx
xxx
xxx
xxx
xxx
xxx

xxx
xxx
xxx
xxx
xxx
xxx
xxx
xxx
Php xxx
 PRONTO POTATO
Projected Income Statement
For the Years 1-3

Particulars Schedule Year 1 Year 2 Year 3

PESO % PESO % PESO

Sales 1 xxx xxx xxx xxx xxx

Less: Cost of Sales 2 xxx xxx xxx xxx xxx
Gross Profit xxx xxx xxx xxx xxx

Less: Operating Expenses

General & Administrative 20 xxx xxx xxx xxx xxx
Selling Expenses 20 xxx xxx xxx xxx xxx
Total Expenses xxx xxx xxx xxx xxx

Net Income before tax xxx xxx xxx xxx xxx

Less: Income tax (30%) xxx xxx xxx xxx xxx
NET INCOME Php xxx xxx Php xxx xxx Php xxx
t

Year 3 Year 4 Year 5

% PESO % PESO %

xxx xxx xxx xxx xxx

xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx

xxx xxx xxx xxx xxx

xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx

xxx xxx xxx xxx xxx

xxx xxx xxx xxx xxx
xxx Php xxx xxx Php xxx xxx
 PRONTO POTATO
Projected Statement of Changes in Partner's Equity
For the years ended December 31, YEAR 1, YEAR 2, YEAR 3

CHANG DE LEON GALVEZ

Capital Balances at the beginning of the year xxx xxx xxx
Initial Investment xxx xxx xxx
Net inceome after tax xxx xxx xxx
Withdrawals xxx xxx xxx
Capital Balances at the end of the year Php xxx Php xxx Php xxx

CHANG DE LEON GALVEZ

Capital Balances at the beginning of the year xxx xxx xxx
Initial Investment xxx xxx xxx
Net inceome after tax xxx xxx xxx
Withdrawals xxx xxx xxx
Capital Balances at the end of the year Php xxx Php xxx Php xxx

CHANG DE LEON GALVEZ

Capital Balances at the beginning of the year xxx xxx xxx
Initial Investment xxx xxx xxx
Net inceome after tax xxx xxx xxx
Withdrawals xxx xxx xxx
Capital Balances at the end of the year Php xxx Php xxx Php xxx

CHANG DE LEON GALVEZ

xxx xxx xxx
xxx xxx xxx
xxx xxx xxx
xxx xxx xxx
Php xxx Php xxx Php xxx

CHANG DE LEON GALVEZ

xxx xxx xxx
xxx xxx xxx
 xxx xxx xxx
xxx xxx xxx
Php xxx Php xxx Php xxx
ATO
es in Partner's Equity
, YEAR 1, YEAR 2, YEAR 3

YEAR 1
MAYUYO NEPOMUCENO SADAC VALEN VILLANUEVA TOTAL
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
Php xxx Php xxx Php xxx Php xxx Php xxx Php xxx

YEAR 2
MAYUYO NEPOMUCENO SADAC VALEN VILLANUEVA TOTAL
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
Php xxx Php xxx Php xxx Php xxx Php xxx Php xxx

YEAR 3
MAYUYO NEPOMUCENO SADAC VALEN VILLANUEVA TOTAL
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
Php xxx Php xxx Php xxx Php xxx Php xxx Php xxx

YEAR 4
MAYUYO NEPOMUCENO SADAC VALEN VILLANUEVA TOTAL
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
Php xxx Php xxx Php xxx Php xxx Php xxx Php xxx

YEAR 5
MAYUYO NEPOMUCENO SADAC VALEN VILLANUEVA TOTAL
xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
 xxx xxx xxx xxx xxx xxx
xxx xxx xxx xxx xxx xxx
Php xxx Php xxx Php xxx Php xxx Php xxx Php xxx
 PRONTO POTATO
Financial Ratios and Analysis
Year 1 Year 2
Cash xxx xxx
Inventories xxx xxx
Advance Rental deposit xxx xxx
Total Current Assets xxx xxx
Property Plant & Equipment (net) xxx xxx
Total Assets xxx xxx
Total Current Liabilities xxx xxx
Total Partner's Capital xxx xxx
Sales xxx xxx
Cost of Sales xxx xxx
Operating Expenses xxx xxx
Income Tax xxx xxx
Net Income after tax xxx xxx
Depreciation xxx xxx
Total Investment xxx xxx

BASIC FINANCIAL RATIOS AND ANALYSIS

Year 1 Year 2 Year 3

1) Current Ratio xxx xxx xxx

xxx xxx xxx

2) Quick Ratio (Acid Test Ratio) xxx xxx xxx

xxx xxx xxx

3) Liabilities to Total Assets Ratio xxx xxx xxx

xxx xxx xxx

4) Capital To Total Assets Ratio xxx xxx xxx

xxx xxx xxx

5) Debt to Equity Ratio xxx xxx xxx

xxx xxx xxx

6) Return on Assets (Using average total assets) N/A xxx xxx

Return on Assests (Using total assets at year end)
xxx xxx xxx

7) Rate of Return on Equity N/A xxx xxx

8) Rate of Return on Sales xxx xxx xxx

xxx xxx xxx
9) Cost of Sales to Sales Ratio xxx xxx xxx
xxx xxx xxx

10) Operating Ratio xxx xxx xxx

xxx xxx xxx

OTHER COMPUTATION
Year 1 Year 2 Year 3
11) Expected Annual Cash Returns:
Net income after income tax xxx xxx xxx
Add: Non Cash transactions xxx xxx xxx
Expected Annual Cash Returns xxx xxx xxx

Increase in Expected Annual cash Returns

Percentage increase xxx xxx
Average Expected Annual Cash Returns xxx xxx xxx
 Year 3 Year 4 Year 5
xxx xxx xxx
xxx xxx xxx
xxx xxx xxx
xxx xxx xxx
xxx xxx xxx
xxx xxx xxx
xxx xxx xxx
xxx xxx xxx
xxx xxx xxx
xxx xxx xxx
xxx xxx xxx
xxx xxx xxx
xxx xxx xxx
xxx xxx xxx
xxx xxx xxx

INANCIAL RATIOS AND ANALYSIS

Year 4 Year 5 TREND

xxx xxx
xxx xxx IMPROVING

xxx xxx
xxx xxx IMPROVING

xxx xxx
xxx xxx IMPROVING

xxx xxx
xxx xxx IMPROVING

xxx xxx
xxx xxx IMPROVING

xxx xxx IMPROVING

xxx xxx IMPROVING

xxx xxx IMPROVING

xxx xxx
xxx xxx IMPROVING
 xxx xxx
xxx xxx IMPROVING

xxx xxx
xxx xxx IMPROVING

OTHER COMPUTATION
Year 4 Year 5 TOTAL

xxx xxx xxx

xxx xxx xxx
xxx xxx xxx

xxx xxx
xxx xxx
xxxx
 Products

Flavored Fries
Mojos
Chicken Potatp Cro
Hasn Brown
Mozzarella potato balls
Lemonade
Total Projected Sales, VAT inclusive
12% Output Vat
Total Projected Sales, VAT exclusive

Assumptions:
a) Increase in price and in units are computed as:

Products

Flavored Fries
Mojos
Chicken Potatp Cro
Hasn Brown
Mozzarella potato balls
Lemonade
TOTAL

Year 1
Accounts Affected Dr
Cash -
Output VAT
Sales
TOTAL -

Notes:
a) Year 0 is the year when the study is conducted, therefore the b
b) Growth rate is based on
c) Inflation rate is based on
d) Products are sold for cash only
e) VAT are payable every
 Year 1
Daily Monthly Annually
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -

Year 0 Year 1
Units Selling price per Unit Units

-
-
-
-
-
-
- - -

Average growth rate: 0.05

Average Inflation rate: 0.003

Year 1 Year 2
Cr Dr Cr
-
- -
- -
 - - -

ear when the study is conducted, therefore the basis of the units and prices.

old for cash only

 PROJECTED SALES in Pesos
Year 2
Daily Monthly Annually
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -

Year 1 Year 2
Selling price per Unit Total Sales in Pesos Units

- - -
- - -
- - -
- - -
- - -
- - -
- - -

Year 3 Year 4
Dr Cr Dr
- -
-
-
- - -
 PROJECTED SALES in Pesos
Year 3
Daily Monthly Annually
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -

PER DAY
Year 2 Year 3
Selling price per Unit Total Sales in Pesos Units

- - -
- - -
- - -
- - -
- - -
- - -
- - -

Year 4 Year 5
Cr Dr Cr
-
- -
- -
- - -
 Year 4
Daily Monthly Annually
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -

Year 3 Year 4
Selling price per Unit Total Sales in Pesos Units

- - -
- - -
- - -
- - -
- - -
- - -
- - -
 Year 5
Daily Monthly Annually
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -

Year 4 Year 5
Selling price per Unit Total Sales in Pesos Units

- - -
- - -
- - -
- - -
- - -
- - -
- - -
 Year 5
Selling price per Unit Total Sales in Pesos

- -
- -
- -
- -
- -
- -
- -
 Year 1
Products
Daily Monthly Annually
Flavored Fries - - -
Mojos - - -
Chicken Potatp Cro - - -
Hasn Brown - - -
Mozzarella potato balls - - -
Lemonade - - -
Total Projected CGS, VAT inclusive - - -
12% Input Vat - - -
Total Projected CGS, VAT exclusive - - -

Assumptions:
a) Increase in product cost and units are computed as follows:

Year 0 Year 1
Products Units (based on Product cost per
relvant range) Unit Units

Flavored Fries - -
Mojos - -
Chicken Potatp Cro - -
Hasn Brown - -
Mozzarella potato balls - -
Lemonade - -
TOTAL - - -

Average growth rate: 0.05

Average Inflation rate: 0.003

Notes:
a) Year 0 is the year when the study is conducted, therefore the basis of the units and prices.
b) Growth rate is based on
c) Inflation rate is based on

Year 1 Year 2 Year 3 Year 4

Beg inv - - - -
Net Purchases
COGAS - - - -
EI - - - -
CGS - - - -
 PROJECTED CGS in Pesos
Year 2 Year 3
Daily Monthly Annually Daily Monthly Annually
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -

PER DAY
Year 1 Year 2 Year 3
Product cost per Total CGS in Product cost per Total CGS in
Unit Pesos Units Unit Pesos Units

- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -

basis of the units and prices.

Year 5
-
 Link purchases
-
- Show in SFP
-
 Year 4 Year 5
Daily Monthly Annually Daily Monthly Annually
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -

Year 3 Year 4 Year 5

Product cost per Total CGS in Product cost per Total CGS in
Unit Pesos Units Unit Pesos Units

- -
- -
- -
- -
- -
- -
- -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
 Year 5
Product cost per Total CGS in
Unit Pesos
- -
- -
- -
- -
- -
- -
- -
 MOJOS
INGREDIENTS TOTAL WEIGHTS REQUIRED MEASUREMENTS NO. OF SERVING
Potato 1 Kg/ 6 potatoes 1 potato 1
Milk 1L 0.06 L 1
Chicken Breading Mix 1kg. 0.06 kg 1
Oil 2L 0.06L 1
Total Ingredient Cost
Direct Labor
Applied FOH
Total Production Cost/Unit
Mark-up (50%)
Selling Price without VAT
VAT
Price Adjustment
Selling Price

FLAVORED FRIES WITH DIP

INGREDIENTS TOTAL WEIGHTS REQUIRED MEASUREMENTS NO. OF SERVING
Potato 1 Kg/ 6 potatoes .08kg 1
Oil 2L .18L 1
Salt 1kg .002kg 1
Flavored Powder 50g 2kg 1
Mayonnaise 470ml 2ml 1
Garlic Powder 36g 1.5g 1
Total Ingredient Cost
Direct Labor
Applied FOH
Total Production Cost/Unit
Mark-up (50%)
Selling Price without VAT
VAT
Price Adjustment
Selling Price

Chicken Potato Croquettes

INGREDIENTS TOTAL WEIGHTS REQUIRED MEASUREMENTS NO. OF SERVING
Potato 1 Kg/ 6 potatoes .08kg 1
Oil 2L 0.1L 1
Egg 1 tray/24 pcs. 1pc 1
Garlic 1kg 0.008kg 1
onion 1kg 0.008kg 1
Ground Chicken Meat 1kg 0.037kg 1
tokwa 1 pc./13g 3.47g 1
salt 1kg 0.00107kg 1
black pepper 25g 0.66g 1
soy sauce 1gal. 0.00207gal. 1
celery 1kg 0.00114kg 1
breadcrumbs 1kg 0.04kg 1
Spaghetti sauce 1Kg 0.037kg 1
Total Ingredient Cost
Direct Labor
Applied FOH
Total Production Cost/Unit
Mark-up (50%)
Selling Price without VAT
VAT
Price Adjustment
Selling Price

Mozzarella Potato Balls

INGREDIENTS TOTAL WEIGHTS REQUIRED MEASUREMENTS NO. OF SERVING
Potato 1 Kg/ 6 potatoes .17 kg 1
mozzarella cheeese 250g 55g 1
breadcrumbs 1kg 0.06kg 1
oil 2L .18L 1
Total Ingredient Cost
Direct Labor
Applied FOH
Total Production Cost/Unit
Mark-up (50%)
Selling Price without VAT
VAT
Price Adjusment
Selling Price

Hash Brown
INGREDIENTS TOTAL WEIGHTS REQUIRED MEASUREMENTS NO. OF SERVING
Potato 1 Kg/ 6 potatoes 0.08kg 1
onion 1kg 0.015kg 1
rosemary 20g .31g 1
butter 225g 4.38g 1
salt 1kg 0.0005kg 1
Oil 2L 0.003L 1
Total Ingredient Cost
Direct Labor
Applied FOH
Total Production Cost/Unit
Mark-up (50%)
Selling Price without VAT
VAT
Price Adjustment
Selling Price

Lemonade
INGREDIENTS TOTAL WEIGHTS REQUIRED MEASUREMENTS NO. OF SERVING
Powdered Juice 25g 5g 1
Lemon 1 pc 1
Total Ingredient Cost
Direct Labor
Applied FOH
Total Production Cost/Unit
Mark-up (50%)
Sales without VAT
VAT
Price Adjustment
Selling Price
JOS
MARKET PRICE COST OF INGREDIENTS COST OF INGREDIENTS
PHP 90.00 PHP 15.00 PHP 1.61 PHP 13.39
PHP 66.50 PHP 3.99 PHP 0.43 PHP 3.56
PHP 103.65 PHP 6.22 PHP 0.67 PHP 5.55
PHP 178.00 PHP 0.71 PHP 0.08 PHP 0.63
PHP 23.14
2
1.26
PHP 26.40
PHP 13.20
PHP 39.60
PHP 4.75
PHP 44.36
PHP 45.00

IES WITH DIP

MARKET PRICE COST OF INGREDIENTS COST OF INGREDIENTS
PHP 90.00 PHP 7.20 PHP 0.77 PHP 6.43
PHP 178.00 PHP 0.71 PHP 0.08 PHP 0.63
PHP 31.50 PHP 0.06 PHP 0.01 PHP 0.06
PHP 19.00 PHP 0.76 PHP 0.08 PHP 0.68
PHP 84.00 PHP 0.36 PHP 0.04 PHP 0.32
PHP 64.00 PHP 2.67 PHP 0.29 PHP 2.38
PHP 10.50
2
1.26
PHP 13.76
PHP 6.88
PHP 20.64
PHP 2.48
PHP 23.12
PHP 25.00

o Croquettes
MARKET PRICE COST OF INGREDIENTS COST OF INGREDIENTS
PHP 90.00 PHP 7.20 PHP 0.77 PHP 6.43
PHP 178.00 PHP 0.71 PHP 0.08 PHP 0.63
PHP 83.00 PHP 3.58 PHP 0.38 PHP 3.20
PHP 200.00 PHP 1.60 PHP 0.17 PHP 1.43
PHP 125.00 PHP 1.00 PHP 0.11 PHP 0.89
PHP 140.00 PHP 5.18 PHP 0.56 PHP 4.63
PHP 2.50 PHP 0.67 PHP 0.07 PHP 0.60
PHP 31.50 PHP 0.03 PHP 0.00 PHP 0.03
 PHP 30.00 PHP 0.03 PHP 0.00 PHP 0.03
PHP 128.25 PHP 0.26 PHP 0.03 PHP 0.23
PHP 23.85 PHP 0.03 PHP 0.00 PHP 0.03
PHP 103.65 PHP 4.15 PHP 0.44 PHP 3.70
PHP 71.90 PHP 2.66 PHP 0.29 PHP 2.38
PHP 24.20
2
1.26
PHP 27.46
PHP 13.73
PHP 41.18
PHP 4.94
PHP 46.13
PHP 47.00

Potato Balls
MARKET PRICE COST OF INGREDIENTS COST OF INGREDIENTS
PHP 90.00 PHP 15.00 PHP 1.61 PHP 13.39
PHP 250.00 PHP 0.22 PHP 0.02 PHP 0.20
PHP 103.65 PHP 6.22 PHP 0.67 PHP 5.55
PHP 178.00 PHP 0.71 PHP 0.08 PHP 0.63
PHP 19.78
2
1.26
PHP 23.04
PHP 11.52
PHP 34.56
PHP 4.15
PHP 38.70
PHP 40.00

Brown
MARKET PRICE COST OF INGREDIENTS COST OF INGREDIENTS
PHP 90.00 PHP 7.20 PHP 0.77 PHP 6.43
PHP 125.00 PHP 1.88 PHP 0.20 PHP 1.68
PHP 12.65 PHP 0.20 PHP 0.02 PHP 0.18
PHP 49.00 PHP 0.02 PHP 0.00 PHP 0.02
PHP 31.50 PHP 0.13 PHP 0.01 PHP 0.11
PHP 178.00 PHP 0.71 PHP 0.08 PHP 0.63
PHP 9.05
2
1.26
PHP 12.31
 PHP 6.15
PHP 18.46
PHP 2.22
PHP 20.68
PHP 21.00

nade
MARKET PRICE COST OF INGREDIENTS COST OF INGREDIENTS
PHP 9.95 PHP 1.99 PHP 0.21 PHP 1.78
PHP 15.00 PHP 3.00 PHP 0.32 PHP 2.68
PHP 4.46
2
1.26
PHP 7.72
PHP 3.86
PHP 11.57
PHP 1.39
PHP 12.96
PHP 15.00
 Quarters
Potato 1 2 3 4 Total per Year
Production Requirements 6163 5605 5605 5637 23010
Desired End. Inventory 616 561 561 564 2301
Total 6779 6166 6166 6201 25311
Beg. Inventory 616 561 561 1737
Purchase Budget 6779 5549 5605 5640 23574

Quarters
Egg 1 2 3 4 Total per Year
Production Requirements 130 118 118 118 484
Desired End. Inventory 13 12 12 12 48
Total 143 130 130 130 532
Beg. Inventory 13 12 12 37
Purchase Budget 143 117 118 118 496

Quarters
Cooking oil 1 2 3 4 Total per Year
Production Requirements 204 185 185 187 761
Desired End. Inventory 20 19 19 19 76
Total 224 204 204 206 837
Beg. Inventory 20 19 19 57
Purchase Budget 224 183 185 187 780

Quarters
Garlic 1 2 3 4 Total per Year
Production Requirements 24 22 22 22 90
Desired End. Inventory 2 2 2 2 9
Total 26 24 24 24 99
Beg. Inventory 2 2 2 7
Purchase Budget 26 22 22 22 92

Quarters
Onion 1 2 3 4 Total per Year
Production Requirements 114 104 104 105 427
Desired End. Inventory 11 10 10 11 43
Total 125 114 114 116 470
Beg. Inventory 11 10 10 32
Purchase Budget 125 103 104 105 438
 Quarters
Ground chicken Meat 1 2 3 4 Total per Year
Production Requirements 111 101 101 102 415
Desired End. Inventory 11 10 10 10 42
Total 122 111 111 112 457
Beg. Inventory 11 10 10 31
Purchase Budget 122 100 101 102 425

Quarters
tokwa 1 2 3 4 Total per Year
Production Requirements 805 732 732 735 3004
Desired End. Inventory 81 73 73 74 300
Total 886 805 805 809 3304
Beg. Inventory 81 73 73 227
Purchase Budget 886 725 732 735 3078

Quarters
Salt 1 2 3 4 Total per Year
Production Requirements 63 58 58 58 237
Desired End. Inventory 6 6 6 6 24
Total 69 64 64 64 261
Beg. Inventory 6 6 6 18
Purchase Budget 69 58 58 58 243

Quarters
Black pepper 1 2 3 4 Total per Year
Production Requirements 3 3 3 3 12
Desired End. Inventory 0 0 0 0 1
Total 3 3 3 3 13
Beg. Inventory 0 0 0 1
Purchase Budget 3 3 3 3 12

Quarters
Soy Sauce 1 2 3 4 Total per Year
Production Requirements 6 6 6 6 24
Desired End. Inventory 1 1 1 1 2
Total 7 7 7 7 26
Beg. Inventory 1 1 1 2
Purchase Budget 7 6 6 6 25
 Quarters
Mayonnaise 1 2 3 4 Total per Year
Production Requirements 77 70 70 71 288
Desired End. Inventory 8 7 7 7 29
Total 85 77 77 78 317
Beg. Inventory 8 7 7 22
Purchase Budget 85 69 70 71 295
 Quarters
kinchay 1 2 3 4 Total per Year
Production Requirements 4 3 3 3 13
Desired End. Inventory 0 0 0 0 1
Total 4 3 3 3 14
Beg. Inventory 0 0 0 1
Purchase Budget 4 3 3 3 13

breadcrumbs Quarters
kinchay 1 2 3 4 Total per Year
Production Requirements 120 109 109 110 448
Desired End. Inventory 12 11 11 11 45
Total 132 120 120 121 493
Beg. Inventory 12 11 11 34
Purchase Budget 132 108 109 110 459

Quarters
Breading Mix 1 2 3 4 Total per Year
Production Requirements 900 819 819 824 3362
Desired End. Inventory 90 82 82 82 336
Total 990 901 901 906 3698
Beg. Inventory 90 82 82 254
Purchase Budget 990 811 819 825 3444

Quarters
Mozzarella Cheese 1 2 3 4 Total per Year
Production Requirements 8 7 7 7 29
Desired End. Inventory 1 1 1 1 3
Total 9 8 8 8 32
Beg. Inventory 1 1 1 2
Purchase Budget 9 7 7 7 30

Quarters
milk 1 2 3 4 Total per Year
Production Requirements 900 819 819 824 3362
Desired End. Inventory 90 82 82 82 336
Total 990 901 901 906 3698
Beg. Inventory 90 82 82 254
Purchase Budget 990 811 819 825 3444
 Quarters
Rosemary 1 2 3 4 Total per Year
Production Requirements 95 86 86 87 354
Desired End. Inventory 10 9 9 9 35
Total 105 95 95 96 389
Beg. Inventory 10 9 9 27
Purchase Budget 105 85 86 87 363

Quarters
Butter 1 2 3 4 Total per Year
Production Requirements 2 2 2 2 8
Desired End. Inventory 0 0 0 0 1
Total 2 2 2 2 9
Beg. Inventory 0 0 0 1
Purchase Budget 2 2 2 2 8

Quarters
Garlic powder 1 2 3 4 Total per Year
Production Requirements 752 683 683 687 2805
Desired End. Inventory 75 68 68 69 281
Total 827 751 751 756 3086
Beg. Inventory 75 68 68 212
Purchase Budget 827 676 683 687 2874

Quarters
Breading Mix 1 2 3 4 Total per Year
Production Requirements 900 819 819 824 3362
Desired End. Inventory 90 82 82 82 336
Total 990 901 901 906 3698
Beg. Inventory 90 82 82 254
Purchase Budget 990 811 819 825 3444

Quarters
Flavored powder 1 2 3 4 Total per Year
Production Requirements 721 655 655 658 2689
Desired End. Inventory 72 66 66 66 269
Total 793 721 721 724 2958
Beg. Inventory 72 66 66 203
Purchase Budget 793 648 655 658 2755
 Quarters
Spaghetti Sauce 1 2 3 4 Total per Year
Production Requirements 111 101 101 102 415
Desired End. Inventory 11 10 10 10 42
Total 122 111 111 112 457
Beg. Inventory 11 10 10 31
Purchase Budget 122 100 101 102 425
 Direct Labor
Flavored Fries
Quarters
1 2 3 4 Year Total
Budgeted Sales (in units) 18,018 16,380 16,380 16,462 67,240
Direct labor hours per unit 0.083 0.083 0.083 0.083 0.083
Budgeted Direct labor hours 1,495 1,360 1,360 1,366 5,581
Direct labor rate per hour 26.69 26.69 26.69 26.69 26.69
budgeted Direct Labor Cost 39,915 36,286 36,286 36,468 148,955

Croquettes
Quarters
1 2 3 4 Year Total
Budgeted Sales (in units) 3,003 2,730 2,730 2,744 11,207
Direct labor hours per unit 0.083 0.083 0.083 0.083 0.083
Budgeted Direct labor hours 249 227 227 228 930
Direct labor rate per hour 26.69 26.69 26.69 26.69 26.69
budgeted Direct Labor Cost 6,652 6,048 6,048 6,079 24,827

Hash Brown
Quarters
1 2 3 4 Year Total
Budgeted Sales (in units) 6,006 5,460 5,460 5,487 22,413
Direct labor hours per unit 0.083 0.083 0.083 0.083 0.083
Budgeted Direct labor hours 498 453 453 455 1,860
Direct labor rate per hour 26.69 26.69 26.69 26.69 26.69
budgeted Direct Labor Cost 13,305 12,095 12,095 12,155 49,651

Mozzarella Potato Balls

Quarters
1 2 3 4 Year Total
Budgeted Sales (in units) 9,009 8,190 8,190 8,231 33,620
Direct labor hours per unit 0.083 0.083 0.083 0.083 0.083
Budgeted Direct labor hours 748 680 680 683 2,790
Direct labor rate per hour 26.69 26.69 26.69 26.69 26.69
budgeted Direct Labor Cost 19,957 18,143 18,143 18,234 74,477

Lemonade Juice
Quarters
1 2 3 4 Year Total
Budgeted Sales (in units) 52,391 47,628 47,628 47,866 190,513
Direct labor hours per unit 0.083 0.083 0.083 0.083 0.083
Budgeted Direct labor hours 4,348 3,953 3,953 3,973 15,813
Direct labor rate per hour 26.69 26.69 26.69 26.69 26.69
budgeted Direct Labor Cost 116,060 105,509 105,509 106,036 422,038
 Factory Overhead
QUARTERS Total Amount
1.00 2.00 3.00 4.00 per Year
Overhead Cost 269,985.00 269,985.00 269,985.00 269,985.00 1,079,940.00
Budgeted Labor C 229,118.00 208,319.00 208,319.00 209,394.00 855,150.00
Applied FOH 1.18 1.30 1.30 1.29 1.26
 PURCHASES
Quantity per Year Ingredients Total Weights Price
23574 Potato 1 Kg/ 6 potatoes PHP 90.00
496 Eggs 1 tray/24 pcs. PHP 83.00
780 Cooking Oil 2L PHP 178.00
92 Garlic 1kg PHP 200.00
438 Onion 1kg PHP 125.00
425 Ground Chicken Meat 1kg PHP 140.00
3078 Tokwa 1 pc./13g PHP 2.50
243 Salt 1kg PHP 31.50
12 Black Pepper 25g PHP 30.00
25 Soy Sauce 1gal. PHP 128.25
13 Kinchay 1kg PHP 23.85
459 Breadcrumbs 1kg PHP 103.65
3444 Breading Mix 1kg. PHP 19.00
30 Mozarella Cheese 250g PHP 250.00
3444 Milk 1L PHP 66.50
363 Rosemary 20g PHP 12.65
8 Butter 225g PHP 49.00
2874 Garlic powder 36g PHP 64.00
295 Mayonnaise 470ml PHP 84.00
2755 Flavored powder 50g PHP 15.00
425 Spaghetti Sauce 1kg PHP 71.90
38103 Powdered Juice 25g PHP 9.95
38103 Lemon 1pc. PHP 15.00
Total Purchases per Year
PURCHASES
Total Purchases per Year Vat Net of Vat
PHP 2,121,660.00 PHP 227,320.71 PHP 1,894,339.29
PHP 41,168.00 PHP 4,410.86 PHP 36,757.14
PHP 138,840.00 PHP 14,875.71 PHP 123,964.29
PHP 18,400.00 PHP 1,971.43 PHP 16,428.57
PHP 54,750.00 PHP 5,866.07 PHP 48,883.93
PHP 59,500.00 PHP 6,375.00 PHP 53,125.00
PHP 7,695.00 PHP 824.46 PHP 6,870.54
PHP 7,654.50 PHP 820.13 PHP 6,834.38
PHP 360.00 PHP 38.57 PHP 321.43
PHP 3,206.25 PHP 343.53 PHP 2,862.72
PHP 310.05 PHP 33.22 PHP 276.83
PHP 47,575.35 PHP 5,097.36 PHP 42,477.99
PHP 65,436.00 PHP 7,011.00 PHP 58,425.00
PHP 7,500.00 PHP 803.57 PHP 6,696.43
PHP 229,026.00 PHP 24,538.50 PHP 204,487.50
PHP 4,591.95 PHP 491.99 PHP 4,099.96
PHP 392.00 PHP 42.00 PHP 350.00
PHP 183,936.00 PHP 19,707.43 PHP 164,228.57
PHP 24,780.00 PHP 2,655.00 PHP 22,125.00
PHP 41,325.00 PHP 4,427.68 PHP 36,897.32
PHP 30,557.50 PHP 3,274.02 PHP 27,283.48
PHP 379,124.85 PHP 40,620.52 PHP 338,504.33
PHP 571,545.00 PHP 61,236.96 PHP 510,308.04
PHP 4,039,333.45 PHP 432,785.73 PHP 3,606,547.72
Schedule 4: Property, Plant, and Equipment

OFFICE FURNITURES AND FIXTURES

Items Quantity Cost Per Unit
Office Table 1 1,499.00
Office Chair 5 1,785.00
Electric Fan 2 1,785.00
Conference Table & Chairs 1 15,000.00
Cooling Exhaust Fan 1 3,496.00
Total

OFFICE TOOLS
Items Quantity Cost Per Unit
Spatula 3 350.00
Spoon 10 80.00
Fork 10 80.00
Plates 15 97.00
Glass 10 75.00
Small Saucepan 2 350.00
Measuring Cup 1 250.00
Measuring Spoon 1 250.00
Knife 3 850.00
Food Storage Containers 3 750.00
Chopping Board 3 300.00
Mixing Bowl 4 275.00
Grater 1 250.00
Colander 1 250.00
Whisk 1 150.00
Total

OFFICE EQUIPMENT
Items Quantity Cost Per Unit
Refrigerator 1 11,500.00
Telephone 1 1,795.00
Calculator 1 340.00
Desktop computer/ Laptop 1 23,999.00
Printer 1 5,950.00
Napkin Dispenser 1 350.00
Burner Oven 1 3,000.00
Electronic Safety Vault 1 1,699.00
CCTV Camera 3 1,400.00
Total

OFFICE SUPPLIES
Items Quantity Cost Per Unit
Fire Extinguisher 1 2,099.75
Ballpen (12pcs/pack) 2 50.00
Toilet Paper (9/pack) 1 139.00
Printer Ink 3 390.00
Storage File Boxes 5 75.00
LPG 1 496.00
Total

OFFICE JANITORIAL SUPPLIES

Items Quantity Cost Per Unit
Broom and dustpan 1 250.00
Mop and mop bucket 1 699.00
Trash bins 3 349.75
Trash bags (24pcs per pack) 1 218.00
Sponges 1 10.00
Degreasing products 3 82.00
All-purpose cleaner 3 196.00
Gloves 2 140.00
Total

VEHICLE
Items Quantity Cost Per Unit
Food truck 1 300,000.00
Total
 FOOD TRUCK FURNITURES & FIXTURES
Items Quantity Cost Per Unit
Preparation table 1 4,500.00
Kitchen sink 1 3,500.00
Total

FOOD TRUCK TOOLS

Items Quantity Cost Per Unit
Tongs 2 400.00
Knife 3 850.00
scissors 1 50.00
peeler 1 380.00
Total

FOOD TRUCK EQUIPMENT

Items Quantity Cost Per Unit
Deep Fryer Gas 1 3,500.00
Juice Dispenser 1 17,750.00
Chest Freezer 1 9,900.00
Warmer 1 1,500.00
French fries cutter 1 4,350.00
Preparation table 1 4,500.00
Kitchen sink 1 3,500.00
Overhead cabinet 1 2,000.00
Cash Register 1 21,250.00
Calculator 1 340.00
Plastic Squeeze Bottle 3 305.00
Straw Dispenser 1 250.00
Napkin Dispenser 1 350.00
Total
 FOOD TRUCK SUPPLIES
Items Quantity Cost Per Unit
Fire Extinguisher 1 2,099.75
Paper Boat Trays (50pcs/pack) 50 112.50
Paper Scoop (100pcs/pack) 25 205.00
Barbeque Sticks 10 5.00
Disposable cups (50pcs/pack) 50 22.00
Brown Paper bag (100pcs/pack) 25 20.00
Register tape roll (4pcs/set) 1 54.00
Disposable straw (50pcs/pack) 50 16.00
Tissue paper 2000 sheets 5 50.00
Trashbags (24pcs) 1 218.00
LPG 2 496.00
Disposable Plastic gloves (20 sheets) 1 75.00
Apron 3 60.00
Hair net cap 3 250.00
Total

FOOD TRUCK JANITORIAL SUPPLIES

Items Quantity Cost Per Unit
Broom and dustpan 1 250.00
Mop and mop bucket 1 699.00
Trashbins 3 349.75
Trashbags (24pcs) 1 218.00
Sponges 1 10.00
Degreasing products 3 82.00
All-purpose cleaner 3 196.00
Gloves 2 140.00
Total

Total Property, Plant, and Equipment

RNITURES AND FIXTURES
Cost, VAT Inclusive 12% Input VAT Cost, VAT Exclusive
1,499.00 160.61 1,338.39
8,925.00 956.25 7,968.75
3,570.00 382.50 3,187.50
15,000.00 1,607.14 13,392.86
3,496.00 374.57 3,121.43
PHP 32,490.00 PHP 3,481.07 PHP 29,008.93

OFFICE FURNITURES AND FIXTURES - COST

YEAR 1 YEAR 2 YEAR 3
PHP 29,008.93 PHP 29,008.93 PHP 29,008.93

OFFICE TOOLS
Cost, VAT Inclusive 12% Input VAT Cost, VAT Exclusive
1,050.00 112.50 937.50
800.00 85.71 714.29
800.00 85.71 714.29
1,455.00 155.89 1,299.11
750.00 80.36 669.64
700.00 75.00 625.00
250.00 26.79 223.21
250.00 26.79 223.21
2,550.00 273.21 2,276.79
2,250.00 241.07 2,008.93
900.00 96.43 803.57
1,100.00 117.86 982.14
250.00 26.79 223.21
250.00 26.79 223.21
150.00 16.07 133.93
PHP 13,505.00 PHP 1,446.96 PHP 12,058.04

OFFICE TOOLS - COST

YEAR 1 YEAR 2 YEAR 3
PHP 12,058.04 PHP 12,058.04 PHP 12,058.04

FICE EQUIPMENT
Cost, VAT Inclusive 12% Input VAT Cost, VAT Exclusive
11,500.00 1,232.14 10,267.86
1,795.00 192.32 1,602.68
340.00 36.43 303.57
23,999.00 2,571.32 21,427.68
5,950.00 637.50 5,312.50
350.00 37.50 312.50
 3,000.00 321.43 2,678.57
1,699.00 182.04 1,516.96
4,200.00 450.00 3,750.00
PHP 52,833.00 PHP 5,660.68 PHP 47,172.32

OFFICE EQUIPMENT - COST

YEAR 1 YEAR 2 YEAR 3
PHP 47,172.32 PHP 47,172.32 PHP 47,172.32

FFICE SUPPLIES
Cost, VAT Inclusive 12% Input VAT Cost, VAT Exclusive
2099.75 224.97 1,874.78
100.00 10.71 89.29
139.00 14.89 124.11
1170.00 125.36 1,044.64
375.00 40.18 334.82
496.00 53.14 442.86
PHP 4,379.75 PHP 469.26 PHP 3,910.49

OFFICE SUPPLIES - COST

YEAR 1 YEAR 2 YEAR 3
PHP 3,910.49 PHP 3,910.49 PHP 3,910.49

JANITORIAL SUPPLIES
Cost, VAT Inclusive 12% Input VAT Cost, VAT Exclusive
250.00 26.79 223.21
699.00 74.89 624.11
1,049.25 112.42 936.83
218.00 23.36 194.64
10.00 1.07 8.93
246.00 26.36 219.64
588.00 63.00 525.00
280.00 30.00 250.00
PHP 3,340.25 PHP 357.88 PHP 2,982.37

OFFICE JANITORIAL SUPPLIES - COST

YEAR 1 YEAR 2 YEAR 3
PHP 2,982.37 PHP 2,982.37 PHP 2,982.37

VEHICLE
Cost, VAT Inclusive 12% Input VAT Cost, VAT Exclusive
300,000.00 32,142.86 267,857.14
PHP 300,000.00 PHP 32,142.86 PHP 267,857.14
 VEHICLE - COST
YEAR 1 YEAR 2 YEAR 3
PHP 267,857.14 PHP 267,857.14 PHP 267,857.14

K FURNITURES & FIXTURES

Cost, VAT Inclusive 12% Input VAT Cost, VAT Exclusive
4,500.00 482.14 4,017.86
3,500.00 375.00 3,125.00
PHP 8,000.00 PHP 857.14 PHP 7,142.86

FOOD TRUCK FURNITURES & FIXTURES - COST

YEAR 1 YEAR 2 YEAR 3
PHP 7,142.86 PHP 7,142.86 PHP 7,142.86

OD TRUCK TOOLS
Cost, VAT Inclusive 12% Input VAT Cost, VAT Exclusive
800.00 85.71 714.29
2,550.00 273.21 2,276.79
50.00 5.36 44.64
380.00 40.71 339.29
PHP 3,780.00 PHP 7,547.86 PHP 10,517.86

FOOD TRUCK TOOLS - COST

YEAR 1 YEAR 2 YEAR 3
PHP 10,517.86 PHP 10,517.86 PHP 10,517.86

TRUCK EQUIPMENT
Cost, VAT Inclusive 12% Input VAT Cost, VAT Exclusive
3,500.00 375.00 3,125.00
17,750.00 1,901.79 15,848.21
9,900.00 1,060.71 8,839.29
1,500.00 160.71 1,339.29
4,350.00 466.07 3,883.93
4,500.00 482.14 4,017.86
3,500.00 375.00 3,125.00
2,000.00 214.29 1,785.71
21,250.00 2,276.79 18,973.21
340.00 36.43 303.57
915.00 98.04 816.96
250.00 26.79 223.21
350.00 37.50 312.50
PHP 70,105.00 PHP 7,511.25 PHP 62,593.75

FOOD TRUCK EQUIPMENT - COST

YEAR 1 YEAR 2 YEAR 3
PHP 62,593.75 PHP 62,593.75 PHP 62,593.75
D TRUCK SUPPLIES
Cost, VAT Inclusive 12% Input VAT Cost, VAT Exclusive
2,099.75 224.97 1,874.78
5,625.00 602.68 5,022.32
5,125.00 549.11 4,575.89
50.00 5.36 44.64
1,100.00 117.86 982.14
500.00 53.57 446.43
54.00 5.79 48.21
800.00 85.71 714.29
250.00 26.79 223.21
218.00 23.36 194.64
992.00 106.29 885.71
75.00 8.04 66.96
180.00 19.29 160.71
750.00 80.36 669.64
PHP 17,818.75 PHP 1,909.15 PHP 15,909.60

FOOD TRUCK SUPPLIES - COST

YEAR 1 YEAR 2 YEAR 3
PHP 15,909.60 PHP 15,909.60 PHP 15,909.60

CK JANITORIAL SUPPLIES
Cost, VAT Inclusive 12% Input VAT Cost, VAT Exclusive
250.00 26.79 223.21
699.00 74.89 624.11
1,049.25 112.42 936.83
218.00 23.36 194.64
10.00 1.07 8.93
246.00 26.36 219.64
588.00 63.00 525.00
280.00 30.00 250.00
PHP 3,340.25 PHP 357.88 PHP 2,982.37

FOOD TRUCK JANITORIAL SUPPLIES - COST

YEAR 1 YEAR 2 YEAR 3
PHP 2,982.37 PHP 2,982.37 PHP 2,982.37

PHP 505,212.25 PHP 61,272.74 PHP 458,225.22

Total Property, Plant, and Equipment - COST

YEAR 1 YEAR 2 YEAR 3
PHP 458,225.22 PHP 458,225.22 PHP 458,225.22
Furniture&Fixture
tools
equipment
Supplies
vehicle
Schedule 6: Replacement Method for

Replacement Expense
Particulars Schedule
Cost Year
See below

Acquisition As Replacement
Year

Projected beginning of the year

Year end projected cost of items for replacements
Year end projected replacement cost
Projected year end balance
lacement Expense
Year Year

Acquisition As Replacement
Year Year
Pre-operating Expense

ITEM Pre-operating
SEC Registration
DTI Registration 515.00
Business/Mayor's Permit
Barangay Clearance 1,725.00
BIR Registration 615.00
CNC Registration 100.00
Electrical Certificate 50.00
Fire Inspection 500.00
Sanitary Permit 100.00
TOTAL 3,605.00
Schedule 8: Advertising Expense

DURING OPERATIONS
ITEM QUANTITY COST/UNIT YEAR YEAR

TOTAL, VAT Inclusive

12% Input VAT
TOTAL, VAT Exclusive
OPERATIONS
YEAR
Shedule 9: Taxes and Licenses

DURING OPERATIONS
ITEM Pre-operating YEAR 1 YEAR 2
SEC Registration
DTI Registration 515.00 515.00 -
Business/Mayor's Permit -
Barangay Clearance 1,725.00 1,725.00 1,725.00
BIR Registration 615.00 500.00 500.00
CNC Registration 100.00 100.00 -
Electrical Certificate 50.00 50.00 50.00
Fire Inspection 500.00 500.00
Sanitary Permit 100.00 100.00 100.00
TOTAL 3,605.00 3,490.00 2,375.00

Notes:
(a) BIR registration fee of PHP 615 on Year 1 refers to certification fee of PHP 100 plus PHP 15 documentary stamp p
(b) Mayor's permit usually includes tax on sales annually (based on net income of last year; assumed at 1/2% in gro

Gross sales of last Projected Mayor's

RATE
year ( Net of VAT) Permit Costs
Year 1 - 0.01 -
Year 2 - 0.01 -
Year 3 - 0.01 -
Year 4 - 0.01 -
Year 5 - 0.01 -

SEC registration fee is based on 1/5 of 1% of the Partnership's capital but not less than P1000.00.
PERATIONS
YEAR 3 YEAR 4 YEAR 5

- - -
- - -
1,725.00 1,725.00 1,725.00
500.00 500.00 500.00
- - -
50.00 50.00 50.00

100.00 100.00 100.00

2,375.00 2,375.00 2,375.00

15 documentary stamp plus PHP 500 annual registrations of books of accounts.

r; assumed at 1/2% in gross salesin accordance with Local Government Code of 1991
Fixed Investment

Foodtruck
Operations Equipment and Tools
Office Furniture and Fixture
Warehouse Tools and Equipment

Working Capital

Purchases
Rent Expense
Salaries and wages
SSS Contribution
Philhealth Contribution
PAG-IBIG Contribution
Utilities Expense
Cooking Gas Expense
Gasoline Expense
Office Supplies Expense
Foodtruck Supplies Expense
Maintenance Expense
Miscellaneous Expense

Pre-Operating Expense

Taxes, Registration and Licenses

Advertising Expense

Total Project Cost

Adjusted Total Project Cost

Salaries and wages
1st year
Position Rate per Day Monthly Wage Annual Wage
General Manager 653.85 17,000.10 204,001.20
Cook 1 213.50 5,551.00 66,612.00
Cook 2 213.50 5,551.00 66,612.00
Cashier 213.50 5,551.00 66,612.00
Kitchen Worker - -
TOTAL 1,294.35 33,653.10 403,837.20

2nd year
Position Rate per Day Monthly Wage Annual Wage
General Manager 655.81 17,051.10 204,613.20
Cook 1 214.14 5,567.65 66,811.84
Cook 2 214.14 5,567.65 66,811.84
Cashier 214.14 5,567.65 66,811.84
Kitchen Worker - -
TOTAL 1,298.23 33,754.06 405,048.71

3rd year
Position Rate per Day Monthly Wage Annual Wage
General Manager 657.78 17,102.25 205,227.04
Cook 1 214.78 5,584.36 67,012.27
Cook 2 214.78 5,584.36 67,012.27
Cashier 214.78 5,584.36 67,012.27
Kitchen Worker - -
TOTAL 1,302.13 33,855.32 406,263.86

3 YEARS SALARIES AND WAGES

Basis for increase 0.003

Assumption:
a) Salaries and Wages will be increased by --- per year
b) 13th month pay is computed as:
13th Month Pay = MonthlySalary
Gross Salary 13th Month Pay
204,001.20 17,000.10
66,612.00 5,551.00
66,612.00 5,551.00
66,612.00 5,551.00
- -
403,837.20 33,653.10 1st yr SW+13th month pay

Gross Salary 13th Month Pay

204,613.20 17,051.10
66,811.84 5,567.65
66,811.84 5,567.65
66,811.84 5,567.65
- -
405,048.71 33,754.06 2nd yr SW+13th month pay

Gross Salary 13th Month Pay

205,227.04 17,102.25
67,012.27 5,584.36
67,012.27 5,584.36
67,012.27 5,584.36
- -
406,263.86 33,855.32 3rd yr SW+13th month pay

X No.of months that the worker worked

12
 437,490.30

438,802.77

440,119.18

1,316,412.25
Payroll Sheet Summary
1st year
Withholding Tax SSS
Position Gross Salary
Schedule a Schedule b
General Manager 204,001.20
Cook 1 66,612.00
Cook 2 66,612.00
Cashier 66,612.00
Kitchen Worker -
TOTAL 403,837.20 - -

Payroll Sheet Summary

2nd year
Withholding Tax SSS
Position Gross Salary
Schedule a Schedule b
General Manager 204,613.20
Cook 1 66,811.84
Cook 2 66,811.84
Cashier 66,811.84
Kitchen Worker -
TOTAL 405,048.71 - -

Payroll Sheet Summary

3rd year
Withholding Tax SSS
Position Gross Salary
Schedule a Schedule b
General Manager 205,227.04
Cook 1 67,012.27
Cook 2 67,012.27
Cashier 67,012.27
Kitchen Worker -
TOTAL 406,263.86 - -
PhilHealth PagIBIG
Total Deductions Net Salary
Schedule c Schedule d
- 204,001.20
- 66,612.00
- 66,612.00
- 66,612.00
- -
- - - 403,837.20

PhilHealth PagIBIG
Total Deductions Net Salary
Schedule c Schedule d
- 204,613.20
- 66,811.84
- 66,811.84
- 66,811.84
- -
- - - 405,048.71

PhilHealth PagIBIG
Total Deductions Net Salary
Schedule c Schedule d
- 205,227.04
- 67,012.27
- 67,012.27
- 67,012.27
- -
- - - 406,263.86
SSS Contribution for the 1st year
SSS
Position Monthly Salary
ER EE
General Manager 17,000.10 1,178.70 581.30
Cook 1 5,551.00 405.20 199.80
Cook 2 5,551.00 405.20 199.80
Cashier 5,551.00 405.20 199.80
Kitchen Worker -
TOTAL 33,653.10 2,394.30 1,180.70

SSS Contribution for the 2nd year

SSS
Position Monthly Salary
ER EE
General Manager 17,051.10
Cook 1 5,567.65
Cook 2 5,567.65
Cashier 5,567.65
Kitchen Worker -
TOTAL 33,754.06 - -

SSS Contribution for the 3rd year

SSS
Position Monthly Salary
ER EE
General Manager 17,102.25
Cook 1 5,584.36
Cook 2 5,584.36
Cashier 5,584.36
Kitchen Worker -
TOTAL 33,855.32 - -

Year SSS Contribution Remittance During the Year (Last Dec)

1st Year 43,620.00 -
2nd Year - 3,635.00
3rd year - -

Assumption:
a) SSS Contribution is based on the new SSS Contribution of 2014
b) Remittance is every tenth of the next month
SS EC Total Contribution
Total ER ER EE TOTAL
1,760.00 30.00 1,208.70 581.30 1,790.00
605.00 10.00 415.20 199.80 615.00
605.00 10.00 415.20 199.80 615.00
605.00 10.00 415.20 199.80 615.00
- - - -
3,575.00 60.00 2,454.30 1,180.70 3,635.00

SS EC Total Contribution
Total ER ER EE TOTAL
- - - -
- - - -
- - - -
- - - -
- - - -
- - - - -

SS EC Total Contribution
Total ER ER EE TOTAL
- - - -
- - - -
- - - -
- - - -
- - - -
- - - - -

Remittance During the Year (Jan-Nov Total Remittace During the Year Payable at the end of the Year (Dec c
39,985.00 39,985.00 3,6
- 3,635.00
- -
 Annual SSS Contribution
TOTAL Charged to OE
21,480.00 14,504.40
7,380.00 4,982.40
7,380.00 4,982.40
7,380.00 4,982.40
- -
43,620.00 29,451.60

Annual SSS Contribution

TOTAL Charged to OE
- -
- -
- -
- -
- -
- -

Annual SSS Contribution

TOTAL Charged to OE
- -
- -
- -
- -
- -
- -

the end of the Year (Dec current)

3,635.00
-
-
Pag-IBIG Contribution for the 1st year
EMPLOYEE'S ONLY
Position Monthly Salary
Pag-IBIG Annual Pag-IBIG
General Manager 17,000.10 340.00 4,080.02
Cook 1 5,551.00 111.02 1,332.24
Cook 2 5,551.00 111.02 1,332.24
Cashier 5,551.00 111.02 1,332.24
Kitchen Worker - -
TOTAL 33,653.10 673.06 8,076.74

Pag-IBIG Contribution for the 2nd year

EMPLOYEE'S ONLY
Position Monthly Salary
Pag-IBIG Annual Pag-IBIG
General Manager 17,051.10 -
Cook 1 5,567.65 -
Cook 2 5,567.65 -
Cashier 5,567.65 -
Kitchen Worker - -
TOTAL 33,754.06 - -

Pag-IBIG Contribution for the 3rd year

EMPLOYEE'S ONLY
Position Monthly Salary
Pag-IBIG Annual Pag-IBIG
General Manager 17,102.25 -
Cook 1 5,584.36 -
Cook 2 5,584.36 -
Cashier 5,584.36 -
Kitchen Worker - -
TOTAL 33,855.32 - -

Assumptions:
a) The Pag-IBIG premium used is ---
b) Remittance is every tenth of the next month

Year Pagibig Contribution Remittance During the Year (Last Dec)

1st Year - -
2nd Year - -
3rd year - -
 EMPLOYER'S ONLY GRAND TOTAL
Pag-IBIG Annual Pag-IBIG Pag-IBIG Premium ER share
340.00 4,080.02 8,160.05 4,080.02
111.02 1,332.24 2,664.48 1,332.24
111.02 1,332.24 2,664.48 1,332.24
111.02 1,332.24 2,664.48 1,332.24
- - -
673.06 8,076.74 16,153.49 8,076.74

EMPLOYER'S ONLY GRAND TOTAL

Pag-IBIG Annual Pag-IBIG Pag-IBIG Premium ER share
- - -
- - -
- - -
- - -
- - -
- - - -

EMPLOYER'S ONLY GRAND TOTAL

Pag-IBIG Annual Pag-IBIG Pag-IBIG Premium ER share
- - -
- - -
- - -
- - -
- - -
- - - -

Remittance During the Year (Jan-Nov Total Remittace During the Year Payable at the end of the Year (Dec
- -
- -
- -
at the end of the Year (Dec current)
-
-
-
PhilHealth Contribution for the 1st Year
PhilHealth Contributions
Position Monthly Salary
ER EE
General Manager 17,000.10 212.50 212.50
Cook 1 5,551.00 100.00 100.00
Cook 2 5,551.00 100.00 100.00
Cashier 5,551.00 100.00 100.00
Total 33,653.10 512.50 512.50

PhilHealth Contribution for the 2nd Year

PhilHealth Contributions
Position Monthly Salary
ER EE
General Manager 17,051.10
Cook 1 5,567.65
Cook 2 5,567.65
Cashier 5,567.65
Total 33,754.06 - -

PhilHealth Contribution for the 3rd Year

PhilHealth Contributions
Position Monthly Salary
ER EE
General Manager 17,102.25
Cook 1 5,584.36
Cook 2 5,584.36
Cashier 5,584.36
Total 33,855.32 - -

Assumptions:
a) philhealth contribution is based on
b) Remittance is every tenth of the next month

Year Philhealth Contribution Remittance During the Year (Last Dec)

1st Year 12,300.00 -
2nd Year - 1,025.00
3rd year - -
ontributions Annual PhilHealth Contribution
Total Total ER Share
425.00 5,100.00 2,550.00
200.00 2,400.00 1,200.00
200.00 2,400.00 1,200.00
200.00 2,400.00 1,200.00
1,025.00 12,300.00 6,150.00

ontributions Annual PhilHealth Contribution

Total Total ER Share
- - -
- - -
- - -
- - -
- - -

ontributions Annual PhilHealth Contribution

Total Total ER Share
- - -
- - -
- - -
- - -
- - -

Remittance During the Year (Jan-Nov Total Remittace During the Year Payable at the end of the Year (Dec
11,275.00 11,275.00
- 1,025.00
- -
the end of the Year (Dec current)
1,025.00
-
-
Withholding Tax Payable and Expanded Withholding Tax
Position Tax Status Rate Per Day
General Manager Single
Cook 1 Single
Cook 2 Single
Cashier Single
Total -

Note:
Annual Tax Table from BIR form 1701 has been used. Then the annual tax computed was simply divided by 12 to com
monthly withholding tax since in actual practice, the final basis of tax withheld is still this table. Any adjustments sha
at the end of the quarter of each year if actual withholding taxes deducted from employees' gross income is over or

1st yr
Basic Information
Position Personal Exemption
Annual Income
Status
General Manager Single
Cook 1 Single
Cook 2 Single
Cashier Single
Total

2nd yr
Basic Information
Position Personal Exemption
Annual Income
Status
General Manager Single
Cook 1 Single
Cook 2 Single
Cashier Single
Total -

3rd yr
Basic Information
Position Personal Exemption
Annual Income
Status
General Manager Single
Cook 1 Single
Cook 2 Single
Cashier Single
Total -
 Monthly Wages 1st year Withholding tax 1st year

- - -

was simply divided by 12 to compute the

this table. Any adjustments shall be made
ployees' gross income is over or under.

Basic Information Computation

Personal Exemption First Php 30,000 Taxable
Taxable Income
Amount Income

Basic Information Computation

Personal Exemption First Php 30,000 Taxable
Taxable Income
Amount Income

- - -

Basic Information Computation

Personal Exemption First Php 30,000 Taxable
Taxable Income
Amount Income
- - -
 2nd Year Withholding Tax 2nd year 3rd year

- - -

Computation of withholding tax

15% for the excess Annual Income Tax of Projected Monthly
Employee Withholding tax

Computation of withholding tax

15% for the excess Annual Income Tax of Projected Monthly
Employee Withholding tax

- - -

Computation of withholding tax

15% for the excess Annual Income Tax of Projected Monthly
Employee Withholding tax
- - -
Withholdingtax 3rd year Expanded Withholding tax

- -
 Annual Rental
Monthly Rental Rate 1st yr
13,000.00 156,000.00
Application of advance rental
Total Rent Expense 156,000.00
5% Expanded withholding Tax 7,800.00
Payment/Remittance to BIR: 1st yr
Jan-Nov of current year 7,150.00
Dec of previous year -
Total payments due to BIR during the year 7,150.00
Other taxes payable (December each year) 650.00

Notes:
a) Rent Expense, Php 10,500.00 per month, will be the same for three years based on the lease contrac

1st year
Cash Payment (net 5% Expanded Withholding tax)
1st year - January to December 148,200.00
2nd year - January to December
3rd year - January to December

Total Cash Payment to rent 148,200.00

b) Payment shall be made at the start of every year

c) Expanded withholding tax is remitted monthly (10th day of the next month) to BIR and deducted to 5
 Annual Rental
2nd yr 3rd yr
156,000.00 156,000.00

156,000.00 156,000.00
7,800.00 7,800.00
2nd yr 3rd yr
7,150.00 7,150.00
650.00 650.00
7,800.00 7,800.00
650.00 650.00

ee years based on the lease contract.

2nd year 3rd year

148,200.00
148,200.00

148,200.00 148,200.00

ext month) to BIR and deducted to 5% of Rental Cost, VAT Exclusive

 Basis

Electricity
equipments
Heat (Gas) cooking gas

Water Water expense

expenditures for ongoing telephone and internet service.
LPG