1

Projected Units Sold

Economy
Q1 Q2
Good 74,000 92,000
Fair 50,000 80,000
Bad 40,000 50,000

Projected Units Sold

Economy
Q1 Q2
Good 37,000 46,000
Fair 15,000 24,000
Bad 8,000 10,000
Total 60,000 80,000

Q1 Q2
Sales in Units 60,000 80,000
Sales Price Php 20 Php 20
Sales in Pesos Php 1,200,000 Php 1,600,000

2
Sales Q1
2011 - Q3 Php 1,600,000 Php 128,000
2011 - Q4 Php 1,200,000 Php 360,000
2012 - Q1 Php 1,200,000 Php 720,000
2012 - Q2 Php 1,600,000
2012 - Q3 Php 1,400,000
2012 - Q4 Php 1,800,000
Total Php 1,208,000

3
Q1 Q2
Sales in Units 60,000 80,000
Add: Finished Goods, end 16,000 14,000
Total Needs 76,000 94,000
Less: Finished Goods, beg 12,000 16,000
Units Produced 64,000 78,000

4
 Q1 Q2
Unit Produced 64,000 78,000
Standard Materials per Unit 3 3
Material Usage (lbs) 192,000 234,000
Add: Material Inventory, end 57,600 70,200
Total Materials Needs 249,600 304,200
Less: Material Inventory, beg 75,000 57,600
Material Purchases (lbs) 174,600 246,600
Purchase Price Php 1.20 Php 1.20
Material Purchaes (Php) Php 209,520.00 Php 295,920.00

5
Purchases Q1
2011 - Q4 Php 180,000 Php 81,000.00
2012 - Q1 Php 209,520 Php 112,931.28
2012 - Q2 Php 295,920
2012 - Q3 Php 262,080
2012 - Q4 Php 327,240
Total Php 193,931.28

6
Q1 Q2
Units Produced 64,000 78,000
Standard DLH per unit 0.25 0.25
Total Direct Labor Hours 16,000 19,500
Direct Labor Rate Php 20.00 Php 20.00
Direct Labor Cost Php 320,000.00 Php 390,000.00

7
Q1 Q2
Direct Labor Hours 16,000 19,500
Variable Overhead (P 5/DLH) Php 80,000.00 Php 97,500.00
Fixed Overhead (P 4/DLH) Php 75,000.00 Php 75,000.00
Total Factory Overhead Php 155,000.00 Php 172,500.00

8
Q1 Q2
Direct Labor Cost Php 320,000.00 Php 390,000.00
Direct Labor Payment Php 320,000.00 Php 390,000.00
 Variable Cost Q1
2011 - Q4 Php 84,000 Php 8,400.00
2012 - Q1 Php 80,000 Php 72,000.00
2012 - Q2 Php 97,500
2012 - Q3 Php 92,500
2012 - Q4 Php 108,750
Total Php 80,400.00

Fixed Cost Q1
2011 - Q4 Php 49,000 Php 4,900.00
2012 - Q1 Php 52,500 Php 47,250.00
2012 - Q2 Php 52,500
2012 - Q3 Php 52,500
2012 - Q4 Php 52,500
Total Php 52,150.00

Q1 Q2
Variable Overhead Php 80,400.00 Php 95,750.00
Fixed Overhead Php 52,150.00 Php 52,500.00
Total Factory Overhead Payment Php 132,550.00 Php 148,250.00

9
Q1 Q2
Materials Used Php 230,400.00 Php 280,800.00
Direct Labor Php 320,000.00 Php 390,000.00
Fatory Overhead Php 155,000.00 Php 172,500.00
Total Factory Cost Php 705,400.00 Php 843,300.00
Add: Work in Process, Beg Php 75,000.00 Php 78,040.00
Total Cost put into process Php 780,400.00 Php 921,340.00
Less: Work in Process, End Php 78,040.00 Php 92,134.00
Cost of Goods Manufactured Php 702,360.00 Php 829,206.00
Add: Finished Goods, Beg Php 70,800.00 Php 94,400.00
Total Goods Available for Sale Php 773,160.00 Php 923,606.00
Less: Finished Goods, End Php 94,400.00 Php 82,600.00
Cost of Goods Sold Php 678,760.00 Php 841,006.00

10
Q1 Q2
Sales Php 1,200,000.00 Php 1,600,000.00
 Less: Cost of Goods Sold Php 678,760.00 Php 841,006.00
Gross Profit Php 521,240.00 Php 758,994.00
Less: Operating Expenses Php 240,000.00 Php 320,000.00
Operating Income Php 281,240.00 Php 438,994.00
Add: Other Income Php 60,000.00 Php 80,000.00
Income before Taxes Php 341,240.00 Php 518,994.00
Less: Taxes Php 136,496.00 Php 207,597.60
Net Income Php 204,744.00 Php 311,396.40

11
Q1 Q2
Operating Expenses Incurred Php 240,000.00 Php 320,000.00
Add: Accrued Expense, beg Php 12,000.00 Php 15,000.00
Prepaid Expense, end Php 6,000.00 Php 6,500.00
Total Php 258,000.00 Php 341,500.00
Less: Accrued Expense, end Php 15,000.00 Php 22,000.00
Prepaid Expense, beg Php 3,000.00 Php 6,000.00
Operating Expenses Paid Php 240,000.00 Php 313,500.00

12
Q1 Q2
Other Income Earned Php 60,000.00 Php 80,000.00
Add: Accrued Income, beg Php 4,400.00 Php 900.00
Prepaid Income, end Php 3,300.00 Php 4,400.00
Total Php 67,700.00 Php 85,300.00
Less: Accrued Income, end Php 900.00 Php 3,500.00
Prepaid Income, beg Php 2,100.00 Php 3,300.00
Other Income Paid Php 64,700.00 Php 78,500.00
Projected Units Sold
Probability
Q3 Q4
80,000 102,000 50%
70,000 90,000 30%
45,000 60,000 20%

Projected Units Sold

TOTAL
Q3 Q4
40,000 51,000 174,000
21,000 27,000 87,000
9,000 12,000 39,000
70,000 90,000 300,000

Q3 Q4 TOTAL
70,000 90,000 300,000
Php 20 Php 20 Php 20
Php 1,400,000 Php 1,800,000 Php 6,000,000

Q2 Q3 Q4 TOTAL
Php 128,000
Php 96,000 Php 456,000
Php 360,000 Php 96,000 Php 1,176,000
Php 960,000 Php 480,000 Php 128,000 Php 1,568,000
Php 840,000 Php 420,000 Php 1,260,000
Php 1,080,000 Php 1,080,000
Php 1,416,000 Php 1,416,000 Php 1,628,000 Php 5,668,000

Q3 Q4 TOTAL
70,000 90,000 300,000
18,000 15,000 15,000
88,000 105,000 315,000
14,000 18,000 12,000
74,000 87,000 303,000
 Q3 Q4 TOTAL
74,000 87,000 303,000
3 3 3
222,000 261,000 909,000
66,600 78,300 78,300
288,600 339,300 987,300
70,200 66,600 75,000
218,400 272,700 912,300
Php 1.20 Php 1.20 Php 1.20
Php 262,080.00 Php 327,240.00 Php 1,094,760.00

Q2 Q3 Q4 TOTAL
Php 81,000.00
Php 94,284.00 Php 207,215.28
Php 159,500.88 Php 133,164.00 Php 292,664.88
Php 141,261.12 Php 117,936.00 Php 259,197.12
Php 176,382.36 Php 176,382.36
Php 253,784.88 Php 274,425.12 Php 294,318.36 Php 1,016,459.64

Q3 Q4 TOTAL
74,000 87,000 303,000
0.25 0.25 0.25
18,500 21,750 75,750
Php 20.00 Php 20.00 Php 20.00
Php 370,000.00 Php 435,000.00 Php 1,515,000.00

Q3 Q4 TOTAL
18,500 21,750 Php 75,750.00
Php 92,500.00 Php 108,750.00 Php 378,750.00
Php 75,000.00 Php 75,000.00 Php 300,000.00
Php 167,500.00 Php 183,750.00 Php 678,750.00

Q3 Q4 TOTAL
Php 370,000.00 Php 435,000.00 Php 1,515,000.00
Php 370,000.00 Php 435,000.00 Php 1,515,000.00
 Q2 Q3 Q4 TOTAL
Php 8,400.00
Php 8,000.00 Php 80,000.00
Php 87,750.00 Php 9,750.00 Php 97,500.00
Php 83,250.00 Php 9,250.00 Php 92,500.00
Php 97,875.00 Php 97,875.00
Php 95,750.00 Php 93,000.00 Php 107,125.00 Php 376,275.00

Q2 Q3 Q4 TOTAL
Php 4,900.00
Php 5,250.00 Php 52,500.00
Php 47,250.00 Php 5,250.00 Php 52,500.00
Php 47,250.00 Php 5,250.00 Php 52,500.00
Php 47,250.00 Php 47,250.00
Php 52,500.00 Php 52,500.00 Php 52,500.00 Php 209,650.00

Q3 Q4 TOTAL
Php 93,000.00 Php 107,125.00 Php 376,275.00
Php 52,500.00 Php 52,500.00 Php 209,650.00
Php 145,500.00 Php 159,625.00 Php 585,925.00

Q3 Q4 TOTAL
Php 266,400.00 Php 313,200.00 Php 1,090,800.00
Php 370,000.00 Php 435,000.00 Php 1,515,000.00
Php 167,500.00 Php 183,750.00 Php 678,750.00
Php 803,900.00 Php 931,950.00 Php 3,284,550.00
Php 92,134.00 Php 89,603.40 Php 75,000.00
Php 896,034.00 Php 1,021,553.40 Php 3,359,550.00
Php 89,603.40 Php 102,155.34 Php 102,155.34
Php 806,430.60 Php 919,398.06 Php 3,257,394.66
Php 82,600.00 Php 106,200.00 Php 70,800.00
Php 889,030.60 Php 1,025,598.06 Php 3,328,194.66
Php 106,200.00 Php 88,500.00 Php 88,500.00
Php 782,830.60 Php 937,098.06 Php 3,239,694.66

Q3 Q4 TOTAL
Php 1,400,000.00 Php 1,800,000.00 Php 6,000,000.00
Php 782,830.60 Php 937,098.06 Php 3,239,694.66
Php 617,169.40 Php 862,901.94 Php 2,760,305.34
Php 280,000.00 Php 360,000.00 Php 1,200,000.00
Php 337,169.40 Php 502,901.94 Php 1,560,305.34
Php 70,000.00 Php 90,000.00 Php 300,000.00
Php 407,169.40 Php 592,901.94 Php 1,860,305.34
Php 162,867.76 Php 237,160.78 Php 744,122.14
Php 244,301.64 Php 355,741.16 Php 1,116,183.20

Q3 Q4 TOTAL
Php 280,000.00 Php 360,000.00 Php 1,200,000.00
Php 22,000.00 Php 14,000.00 Php 12,000.00
Php 7,400.00 Php 8,800.00 Php 8,800.00
Php 309,400.00 Php 382,800.00 Php 1,220,800.00
Php 14,000.00 Php 15,000.00 Php 15,000.00
Php 6,500.00 Php 7,400.00 Php 3,000.00
Php 288,900.00 Php 360,400.00 Php 1,202,800.00

Q3 Q4 TOTAL
Php 70,000.00 Php 90,000.00 Php 300,000.00
Php 3,500.00 Php 7,900.00 Php 4,400.00
Php 9,700.00 Php 8,200.00 Php 8,200.00
Php 83,200.00 Php 106,100.00 Php 312,600.00
Php 7,900.00 Php 8,600.00 Php 8,600.00
Php 4,400.00 Php 9,700.00 Php 2,100.00
Php 70,900.00 Php 87,800.00 Php 301,900.00