Projected

Demand
Sales
Items Quantity Price Daily Weekly
Chocolate Chip Cookies 300 ₱12 ₱3,600 ₱25,200

Vegetables Cookies 150 12 1,800 12,600

(Malunggay)
Cookies with Fillings 300 15 4,500 31,500
(Mallows)
Cookies with Fillings 300 15 4,500 31,500
(Nips)
TOTAL

Statement of Cost of Goods Sold

Beg, Inv
Add:
Purchase of Raw Materials ₱1,349,040
Direct Labor 395,686
Overhead:
Packaging 62,400
Cost of Goods Sold ₱1,807,126
Monthly Yearly
₱100,80 ₱1,209,60
0 0

50,400 604,800

126,000 1,512,000

126,000 1,512,000

₱4,838,400
PARTNERS' CAPITAL
Ratio Amount
Lawrence L. Misolas 25% ₱ 325,388.75
Rondave Obligado 25% ₱ 325,388.75
Jubelie Mae Alvarez 25% ₱ 325,388.75
Angel Joy Morales 25% ₱ 325,388.75
TOTAL 100% ₱ 1,301,555.00
 PROJECTED COSTS
Purchase of Raw Materials ₱ 1,204,800.00
Packaging Materials ₱ 62,400.00
Supplies ₱ 1,155.00
Furnitures and Fixtures ₱ 9,200.00
Equipment ₱ 24,000.00
Permit and Licensure Expenses ₱ 6,580.00
Salaries Expense ₱ 57,297.25
Transportation Expense ₱ 12,000.00
Advertising Expense ₱ 12,000.00
Rent Expense ₱ 36,000.00
Utilities Expense ₱ 15,600.00
INITIAL CAPITAL ₱ 1,301,555.00
₱ 325,388.75 Contribution per partner

Employee’s Contribution ₱ 7,057.75

ion per partner
Purchase of Raw Materials
Items (per kilo) Monthly Yearly
Baking Powder 150 1800
Baking Soda 150 1800
White Sugar 90 1080
Brown Sugar 90 1080
All Purpose Flour 100 1200
Cake Flour 100 1200
Milk Chocolate Chips 80 960
Nips 4 48
Mallows 4 48
Items (per pcs)
Eggs 2500 30000
Milk Chocolate Chips 80 960
Cold Unsalted Butter 15 180
Items (per pack)
Malunggay (Horseradish) 60 720
TOTAL

Rent Expense
Monthly Annually
Rent ₱ 3,000.00 ₱36,000
TOTAL ₱36,000

Office Supplies
Items Quantity
Record Book 2
Official Receipt 30
Ballpen 12
Bond Paper 2
Puncher 1
Staple 2
Staple wire 10
Fastener 1
TOTAL

Packaging Expense
Items Monthly
(Quantity)
Thankyou Sticker 500 pcs
Plastic Bag 200 pcs
Ribbon 800 pcs
Plastic Cups 100 pcs
TOTAL

Transportation Expense
Unit Cost Annual Cost
Delivery Cost ₱1,000 ₱12,000
TOTAL ₱12,000

Advertising Expense
Unit Cost Annual Cost
Promotional Banner ₱1,000 ₱12,000
TOTAL ₱12,000

Equipment
Item Quantity
Oven 2 pcs
Electric Mixer 4pcs
TOTAL

Depreciation Expense
Items Cost

Equipment ₱ 24,000.00
Furnitures and Fixtures ₱ 9,200.00
TOTAL

Furnitures and Fixtures

Items Quantity Price
Tables 4 pcs ₱ 500.00
Chairs 16 pcs ₱ 450.00
TOTAL

Utilities Expense
Items Cost per Month Annual Cost
Electricity Bill ₱1,000 ₱12,000
Water Bill ₱ 300.00 ₱ 3,600.00
TOTAL ₱15,600

Permit Fees and Licenses Requirements of the Business

Items Amount
Municipal and Barangay:
Barangay Clearance ₱ 500.00

Community Tax Certificate ₱ 250.00

Local Tax ₱ 300.00

Mayor’s Permit ₱ 500.00

Sanitary Permit Fee ₱ 600.00

Police Clearance ₱ 200.00

Business Plate/Sticker ₱ 250.00

Fire Inspection Fee ₱ 50.00

Subtotal:  ₱ 2,650.00
SEC

Registration Fee (Municipal) ₱ 1,000.00

Documentary stamps ₱ 40.00

Notarial Fee ₱ 75.00

Subtotal:  ₱ 1,115.00
BIR
Processing fee ₱ 1,500.00
Registration Fee ₱ 500.00

Documentary Stamps ₱ 20.00

Receipt for Booklet ₱ 100.00

Notarial Fee ₱ 75.00
Subtotal:  ₱ 2,195.00

Certificate of the Public Convenience

Filing Fee ₱ 510.00

Inspection Fee ₱ 100.00

Legal Research Fee ₱ 10.00

Subtotal:  ₱ 620.00
TOTAL  ₱6,580.00
 Unit Price Amount
₱ 180.00 ₱ 324,000.00
₱ 150.00 ₱ 270,000.00
₱ 50.00 ₱ 54,000.00
₱ 50.00 ₱ 54,000.00
₱ 60.00 ₱ 72,000.00
₱ 55.00 ₱ 66,000.00
₱ 150.00 ₱ 144,000.00
₱ 235.00 ₱ 11,280.00
₱ 200.00 ₱ 9,600.00

₱ 7.00 ₱ 210,000.00
₱ 150.00 ₱ 144,000.00
₱ 60.00 ₱ 10,800.00

₱ 178.00 ₱ 128,160.00
₱ 1,497,840.00

Price Annual Cost

₱ 80.00 ₱ 1,920.00 ₱ 1,920.00
₱ 20.00 ₱ 7,200.00 ₱ 7,200.00
₱ 5.50 ₱ 792.00 ₱ 792.00
₱ 50.00 ₱ 1,200.00 ₱ 1,200.00
₱ 65.00 ₱ 780.00 ₱ 780.00
₱ 32.00 ₱ 768.00 ₱ 768.00
₱ 7.00 ₱ 840.00 ₱ 840.00
₱ 30.00 ₱ 360.00 ₱ 360.00
₱ 13,860.00

Yearly Unit Price Amount

(Quantity)
6,000 pcs ₱5 ₱30,000
2,400 pcs ₱ 3.00 ₱ 7,200.00
9,600 pcs ₱ 2.00 ₱ 19,200.00
1,200 pcs ₱ 5.00 ₱ 6,000.00
 ₱62,400.

Unit Price Amount

₱ 7,000 ₱ 14,000.00
₱ 2,500.00 ₱ 10,000.00
₱ 24,000.00

Estimated Depreciation
Useful Life
5 years ₱ 4,800.00
5 years ₱ 1,840.00
₱ 6,640.00

Amount
₱2,000
₱ 7,200.00
₱9,200
 Monthly Salary of Employees
Number PHIL PAG-
Total
Personn of Monthly HEALTH IBIG NET
monthly SSS
el personn salaries PAY
salaries
el -3% -2%

SERVIC
E 3 8,055 96,660 640 241.65 161.1 7,012.25
CREW

CASHIE
2 9,000 108,000 720 270 180 7,830
R

BAKER 2 11,000 132,000 880 330 220 9,570

GENER
AL
MANAG
ER 1 36,300 435,600 1,600 1,089 726 32,885
₱57,297.
TOTAL 25
 Income Statement
2021 2022

Sales 4,838,400 5,322,240

Less:
1,807,126 1,987,838.60
Cost of Goods Sold
GROSS PROFIT 3,031,274 3,334,401
Less: Operating Expense
Salaries Expense 687,567 721,945.35
Packaging Expense 62,400 65,520
Rent Expense 36,000 37,800
Transportation Expense 12,000 12,600
Advertising Expense 12,000 12,600
Office Supplies 13,860 14,553
Depreciation Expense 6,640 6,640
Utilities Expense 15,600 16,380
Employee’s Contribution 84,693 88,927.65
Permit, Fees, and Licenses 6,580.00 6,909.00
TOTAL OPERATING EXPENSE 937,340 983,875
Income Before Tax 2,093,934 2,350,526
Less: Taxes (30%) 628,180.20 705,157.92
NET INCOME 1,465,753.80 1,645,368.48
Statement
2023 2024 2025

5,854,464 6,439,910.40 7,083,901.44

2,206,500.85 2,427,150.93 2,669,866.02
3,647,963 4,012,759 4,414,035.42

758,042.62 795,944.75 835,741.99

68,796 72,235.80 75,847.59
39,690 41,674.50 43,758.23
13,230 13,891.50 14,586.08
13,230 13,891.50 14,586.08
15,280.65 16,044.68 16,846.92
6,640 6,640 6,640
17,199 18,058.95 18,961.90
93,374.03 98,042.73 102,944.87
7,254.45 7,617.17 7,998.03
1,032,737 1,084,042 1,137,911.67
2,615,226 2,928,718 3,276,123.75
784,567.92 878,615.37 982,837.13
1,830,658.48 2,050,102.52 2,293,286.63
 Projected Cash Flow
2021 2022 2023
Cash Inflows
Sales
4,838,400 5,322,240 5,854,464
Capital Investment 2,000,000

Total Cash Inflows

6,838,400 5,322,240 5,854,464
Cash Outflows
Fixed Cost 33,200
Variable Cost
Salaries Expense 687,567 721,945.35 758,042.62
Cost of Goods Sold 1,807,126 1,987,838.60 2,206,500.85
Employer's Contribution 84,693 88,927.65 93,374.03
Permits fees and Licenses 6,580.00 6,909.00 7,254.45
Advertising Expense 12,000 12,600 13,230
Utilities Expense 15,600 16,380 17,199
Office Supplies 13,860 14,553 15,280.65
Transportation Expense 12,000 12,600 13,230
Rent expense 36,000 37,800 39,690
Packaging expense 62,400 65,520 68,796
Tax Expense 628,180.20 829,134.30 920,941.94
Total Variable Cost 3,023,520.20 3,794,207.90 4,153,539.54
Net Cash Flows 3,814,879.80 1,528,032.10 2,155,504.52
Beginning Cash 0 3,814,879.80 5,342,911.90
Ending Cash 3,814,879.80 5,342,911.90 7,498,416.42
Flow
2024 2025

6,439,910.40 7,083,901.44

6,439,910.40 7,083,901.44

795,944.75 835,741.99
2,427,150.93 2,669,866.02
98,042.73 102,944.87
7,617.17 7,998.03
13,891.50 14,586.08
18,058.95 18,961.90
16,044.68 16,846.92
13,891.50 14,586.08
41,674.50 43,758.23
72,235.80 75,847.59
1,028,626.79 1,147,849.69
4,533,179.30 4,948,987.38
2,406,769.17 2,684,955.94
7,498,416.42 9,905,185.59
9,905,185.59 12,590,141.53
 Balance
Sheet
2021 2022 2023 2024
Assets
Current Assets
Cash 3,814,879.80 5,342,911.90 7,498,416.42 9,905,185.59
Total Current Assets 3,814,879.80 5,342,911.90 7,498,416.42 9,905,185.59
Fixed Assets
Equipment 175,294.20 175,294.20 175,294.20 175,294.20
Furniture and Fixtures 110,400 110,400 110,400 110,400
Less Accumulated Depreciation 6,640 13,280 19,920 26,560
Total Fixed Assets 279,054.20 272,414.20 265,774.20 259,134.20

TOTAL ASSETS 4,093,934 5,615,326.10 7,764,190.62 10,164,319.79

Liabilities and Partner's Equity
Current Liabilities
Income Tax Payable 628,180.20 829,134.30 920,941.94 1,028,626.79
Total Current Liabilities 628,180.20 829,134.30 920,941.94 1,028,626.79
628,180.20 829,134.30 920,941.94 1,028,626.79
Total Liabilities
Partner's Equity

OWNER's Capital 2,000,000 2,000,000 2,000,000 2,000,000

Net Income 1,465,753.80 1,934,646.70 2,148,864.52 2,400,129.16

Retained Earnings 0 1,465,753.80 3,400,400.50 5,549,265.03
Total Partner’s Equity 3,465,753.80 5,400,400.50 7,549,265.03 9,949,394.19
TOTAL LIABILITIES AND
PARTNER'S EQUITY 4,093,934 6,229,534.80 8,470,206.96 10,978,020.97
 2025

12,590,141.53
12,590,141.53

175,294.20
110,400
33,200
252,494.20

12,842,635.73

1,147,849.69
1,147,849.69
1,147,849.69

2,000,000

2,678,315.94
7,949,394.19
12,627,710.13
13,775,559.81
 Partners Equity
Ms.
Year Ms. Alvarez Mr. Misolas Mr. Obligado TOTAL
Morales
2021
Partner's Capital,
₱500,000 ₱500,000 ₱500,000 ₱500,000 ₱2,000,000
January 2021
Add: Profit
366,438.45 366,438.45 366,438.45 366,438.45 1,465,753.80
Distribution
Partner's Capital,
866,438.45 866,438.45 866,438.45 866,438.45 3,465,753.80
December 2021
2022
Partner's Capital,
866,438.45 866,438.45 866,438.45 866,438.45 3,465,753.80
January 2022
Add: Profit
483,661.68 483,661.68 483,661.68 483,661.68 1,934,646.70
Distribution
Partner's Capital,
1,350,100.13 1,350,100.13 1,350,100.13 1,350,100.13 5,400,400.50
December 2022
2023
Partner's Capital,
1,350,100.13 1,350,100.13 1,350,100.13 1,350,100.13 5,400,400.50
January 2023
Add: Profit
537,216.13 537,216.13 537,216.13 537,216.13 2,148,864.52
Distribution
Partner's Capital,
1,887,316.26 1,887,316.26 1,887,316.26 1,887,316.26 7,549,265.02
December 2023
2024
Partner's Capital,
1,887,316.26 1,887,316.26 1,887,316.26 1,887,316.26 7,549,265.02
January 2024
Add: Profit 600,032.29 600,032.29 600,032.29 600,032.29 2,400,129.16
Distribution
Partner's Capital, 2,487,348.55 2,487,348.55 2,487,348.55 2,487,348.55 9,949,394.18
December 2024
2025
Partner's Capital, 2,487,348.55 2,487,348.55 2,487,348.55 2,487,348.55 9,949,394.18
January 2025
Add: Profit 669,578.99 669,578.99 669,578.99 669,578.99 2,678,315.94
Distribution
Partner's Capital, 3,156,927.53 3,156,927.53 3,156,927.53 3,156,927.53 12,627,710.12
December 2025
 TOTAL

₱2,000,000

1,465,753.80

3,465,753.80

3,465,753.80

1,934,646.70

5,400,400.50

5,400,400.50

2,148,864.52

7,549,265.02

7,549,265.02

2,400,129.16

9,949,394.18

9,949,394.18

2,678,315.94

2,627,710.12
monthly

Raw Material Inventory 1349040

Packaging Inventory 62400
Supplies 13860

Furniture and Fixtures 9200

Equipment 14607.85

Rent Expense 36000

Delivery Transportation Expenses 12000
Advertising Expense 12000
Depreciation Expenses - Equipment 4800
Depreciation Expenses - Furniture and Fixtures 1840