DAJAO, JAYEL LL.

BUSINESS SIMULATION

Monthly

cost
Materials Unit price Quantity Unit cost
20pcs.

Direct Materials:

Chinese cotton
Php35.00/meter 2 meters Php70.00 Php1,400.00

Used clothed Php1.42/piece 35 pcs. 49.7 994.00

Empty flour sack Php3.00/sack 2 sacks 6.00 120.00

Stuffing(polyster) Php74.00/roll 1 roll 74.00 1,480.00

Zipper Php5/meter 1 meter 5.00 100.00

Indirect Materials:

Thread
Php3.50/roll 2 rolls 7.00 140.00

Scissors Php35.00 1/20 1.75 35.00

Needle Php1.00/unit 3 units 3.00 60.00

Total Materials Php216.45 Php4,329.00

Add: Packaging

Labelling Php20.00/sheet 1/8 unit 2.50 50.00

Total Packaging Php2.50 Php50.00

Cost

Add: Labor Cost

Tailoring Php20.00 2 units 40.00 800.00

Labor Php20.00 1 unit 20.00 400.00

Total Labor Cost Php60.00 Php1,200

TOTAL PRODUCT Php278.95 Php5,579

COST
Operating expense:

Schedule 1: Office Supplies

Supplies quantity Price Monthly cost Yearly cost

Ballpen 12 pcs. P 6.00 P 72.00 P 864.00

Record book 1 P 45.00 P 45.00 P 540.00

Calculator 1 P 150.00 P 150.00 P 1,800

total 14 P 201.00 P 267.00 P3,204.00

DAJAO, JAYEL LL.

Schedule 2: Executive Salary

Salary Expense Monthly Yearly

Executive salary P 500.00 P6,000

Schedule 3: Transportation Expense

Transportation Monthly Yearly

Jeepney P 7.00 x 4 trips P336.00

Schedule 4 : Promotional Expense

Advertising Expense Quatity Price Total Cost

Tarpulin 1 unit P 200.00 P 200.00

Schedule 5: Rental Expense

Rental Expense Monthly Yearly

P 150.00 P 150.00 P1,800.00

Cost of Goods Sold

Year 1 Year 2 Year 3

COST OF GOODS
SOLD
Php 66,948 Php 70,295.40 Php73,810.17

Cost of Goods Sold per month Php 5,579

Multiplied by no. of months in a year 12
DAJAO, JAYEL LL.

Cost of Goods Sold (Year 1) Php 66,948

Multiplied by increase per year .05%
3,347.40
Add: Cost of Goods Sold (Year 1) Php 66,948
Cost of Goods Sold (Year 2) Php 70,295.40
Multiplied by increase per year .05%
3,514.77
Add: Cost of Goods Sold (Year 2) Php70, 294.40
Cost of Goods Sold (Year 3) Php 73,810.17

Selling Price

Product Cost = Php278.95

Add: Mark up (40%) = Php 111.58

Selling Price = Php390.53 ~ Php400.00

Sales Forecast

Year 1 Year 2 Year 3

Sales Forecast

Php Php 96,000 Php Php 105,600 Php 116,160

Sales forecast for

Price per Php 400.00

Multiplied by no.
produced in a month x 20______
DAJAO, JAYEL LL.

Total Sales in a Month Php 8,000

Multiplied by no. of months in a year x 12
Sales (Year 1) Php 96,000
Multiply by x .10
=9,600
Add: Sales (Year 1) 96,000

Sales (Year 2) Php 105,600

Multiply by .10
=10,560

Add: Sales (Year 2) Php 105,600

Sales (Year 3) Php 116,160