Rev 4 - EDP On Broiler Prdouction-Capin 05-23-20

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CHAPTER I
INTRODUCTION
Name of the Business : JMC's BROILER ENTERPRISE

Name of the Proponent : John Michael B. Capin
Contact Number : 09356545036
Project Location : Brgy.San Miguel, Manolo Fortich,
Bukidnon
Project Duration : 35 days per Production Cycle
a. 1st Cycle October 07 - November 11, 2018
b. 2nd Cycle January 26 – March 05, 2019
Background of the study
Chicken is the most common type of poultry in the world. Owing to the
relative ease and low cost of raising them in comparison to animals such as
cattle or hogs, chickens have become prevalent throughout the cuisine of
cultures around the world, and their meat has been variously adapted to
regional tastes.
Filipino consumers are very particular about the freshness of chicken
from farm to market down to the households. This has allowed the larger
businesses in broiler production industry to build strong competitive position
that has established barriers to broad based imports of broiler.
Significance of the enterprise development project.
The entrepreneur was engaged in broiler production marketing

enterprise because most Filipinos preferred to buy healthy broiler and also
due to the high demand of it. As is well known, the Philippines are a promising
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market for broiler meat. High consumption rates and a fast growing population
of 100 million, which is increasing at a rate of 2% annually, characterize the
country’s market. Pork is by far the dominant meat product, accounting for
60% of total livestock production, and poultry coming second at 27%. Annual
per capita broiler meat consumption in the Philippines is 7 kg and
consumption is likely to grow further as consumers become more affluent.
This gave a big contribution to manager as it helped in applying the
knowledge and skills acquired in taking up Bachelor of Science in
Agribusiness Management.
Business objectives
The general objective of the enterprise development project was to

provide the student with the opportunity to experience the actual
establishment and management of broiler production enterprise and develop
the managerial and entrepreneurial skills and traits.
The project aimed to:
1. To carry out all the responsibilities and functions of an entrepreneur

during the entire operation of the JMC’s Broiler Enterprise;
2. To apply the knowledge and concepts learned from agribusiness
major subjects;
3. To gain additional knowledge from the actual establishment and
operation of Broilers project enterprise;
4. To attain the target average marketable weight of 1.5 kilograms at
35 days; and,
5. To generate a Return on Investment (ROI) of at least 35% in the
first cycle and 40% during the second cycle of operation.
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CHAPTER II
ENTERPRISE DEVELOPMENT PROJECT IMPLEMENTATION
Boiler project are suitable for youth of all ages,from beginners to those
with many years of experience. Also, broiler project are well suited for those
with limited space for housing animals. The broiler project involves raising
chicks from one day of age to marketable weight at 30-35 days of age. The
broilers require some type of housing to provide protection from predators and
to create an environment to promote growth; however, the facilities and space
for broilers do not need to be expensive or elaborate. The primary objective of
producing broilers is to optimize growth, so in the broilers project will need to
be concerned with the following: housing, brooding care, heating, lightning,
feeders and waterers, recommended feeds, and correct feeding, and health.
The project was located at Brgy. San Miguel, Manolo Fortich,
Bukidnon. The proponent of the project purchased one hundred (100) heads
of broiler for the first cycle and one hundred twenty (120) in the second cycle.
The desired kilo was 1.5 in every heads but the broiler was really cooperated
with the proponent so, the manager has reached above the average weight of
1.5 kilograms. On the first cycle of the project the broiler chicken have already
gained an average weight of 1.5 kilogram and during the 35 th days the broilers
gained an average weight of 1.60 kilogram with the price of Php115.00 per
kilogram with 5% mortality rate, the total sales of the project enterprise was
PhP17,480 during the first cycle. During the second cycle the number of
heads was increased due to higher demand of buyers with 5% mortality rate
which resulted a total sales of PhP22,080.
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Conceptualization of the project
The proponent implemented the project and was named as “JMC’s”

Broiler Production Enterprise” because he had some knowledge about it. The
manager engaged in this kind of business because it earns good profit and
has an assurance to grow and expand in the future. Broiler is still high in
demand, and it requires a little amount for the capital.
MARKETING ASPECT
Product Description
The product of the project was broiler. The broiler is a chicken

produced specifically for meat production. The product type was live chicken;
Arbor Acres have excellent growth rate,excellent liveability, good feed
conversion rates as well as great breast meat yield. These broilers are good
content of protein and good for consumption also. These day old chicks was
available in San Miguel corp. they sell these chicks in an affordable price and
ensure the buyer of this chicks has a low mortality rate and maximize the
profit of the Broiler production. When harvested, these chickens has produce
a tender and soft meat that is highly demand in the market. The product was
sold in a variety of healthy live weight broiler chicken product with the price of
Php115.00 per kilogram in both cycle. Figure 1 shows the photo of the
product.
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Figure 1. Broiler chicken of the project enterprise
Actual Market
The actual buyers of the project were the individual consumer at

Camp Phillips the proponent’s neighbors, Barangay San Miguel, Dahilayan
Pension House Eatery and the workers of Del Monte Phil. Inc. The products
were sold directly to the buyers and the payment was on cash basis only.
Terms of Sale
The broiler was sold per kilo on cash basis with no discount. The live
broilers were displayed on the road side so the individual buyers saw the
product. The buyers had the rights to choose which heads or broiler they
want, and how many kilos they want. The products were sold directly to the
buyers.
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Price and Pricing
The actual price of the product was based on the plan price which is
Php115.00 per kilogram in the 1 st cycle and PhP120 in the second cycle. The
proponent decided to increase the price per kilogram due to higher demand.
Actual Sales
In the plan, the project was supposed to generate sales which would
amount to Php16,387.50 in first cycle of operation, while in the actual selling
of the product the project generated PhP17,480 and having a percent
difference of 6.67% for first cycle. The projected sales in the second cycle
was PhP19,837.50 while in actual sales was PhP22,080 having a percent
difference of 11.30%. The project raised one hundred (100) heads of broiler
chicken in the 1st cycle and 120 heads in the 2 nd cycle of the operation.
Schedule 1 shows the comparative consolidated sales for the entire operation
of the project.
Schedule 1. Comparative consolidated sales for the entire operation

First Cycle % Difference Second Cycle % Difference
Plan Actual Plan Actual
No. of heads 100 100 120 120
Mortality (%) 5 5 5 5
Ave. live weight (kg) 1.5 1.60 1.5 1.60
Total weight (kg) 142.50 152.00 142.50 184
Price per kilogram (PhP) 115.00 115.00 120.00 120.00
Total sales (PhP) 16,387.50 17,480 6.67 19,837.50 22,080.00 11.30
B. TECHNICAL ASPECT
Project Location
The project enterprise was located at Purok-3, San Miguel, Manolo

Fortich, Bukidnon. The proponent chose the site since it is far away from city
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or town and has well drained land with enough sourced of clean water,
electricity and cool environment. The project site was 150 meters away from
national road and it was easy to entice customers since the road was
accessible to all types of vehicle . Figure 1 shows the location map and figure
2 shows the sketch of the project location.
Figure 2. Map of the project location of JMC’s broiler enterprise

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Manolo Fortich National Road Cagayan De Oro City
Figure 3. Sketch of the project location of JMC’s broiler enterprise
Legend: Barangay San Miguel Del Monte Club House

PCH2 Provincial Hospital Annex
Project Location Catholic Church of PCH2
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Rented Broiler House
The broiler house was very important factor in production. It was

suitable to ensure a good environment for the birds. The height of the poultry
house was eight (8) feet from the ground up to the roof and the floor elevation
from the ground is two (4) feet. It has a floor area of 6 feet x 14 feet.
The broiler house was rented by the proponent at the amount of
PhP500.00 per cycle including water and electricity expenses. The rent cost
was paid after marketing the product. Figure 3 shows the rented broiler
house.
Figure 4. Rented broiler house of JMC’s broiler enterprise

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Technical Production
The project implemented various activities. The project consisted of

different activities that were performed during the actual operation from
cleaning and disinfecting; procurement of DOC; procurement of feeds;
procurement of veterinary drugs and production supplies; brooding care;
feeding management, growth monitoring; up to marketing of broiler products
and waste disposal. The flow of the activities is reflected in figure 4.
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Cleaning and Disinfecting of Broiler House
Procurement of Stocks
Procurement of Feeds, supplies and Veterinary drugs
Brooding care
Feeding Management
Harvesting and Marketing Growth Monitoring
Waste Disposal
Figure 5. Technical production process of the project in every cycle

Cleaning and Disinfection of broiler shed
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The broiler house thoroughly cleaned and disinfected a week before

loading the day old chicks both on the first and second cycle. The broiler
house was cleaned by the used of brush, powdered soap and disinfectant
powder. On the first and second cycle of operation, the disinfectant used was
Zonrox bleach.
Procurement of Day Old Chicks
The proponent was procured day old chicks (Arbor acres) at San
Miguel, Manolo Fortich, Bukidnon. In the plan the projected cost of each head
of chicken was Php20.00 while in actual the price was Php13.00 and having a
percent difference of 35%. Since the manager of the poultry farm was a family
friend of the proponent, he availed a discount for the price. The proponent
raised one hundred (100) heads of broiler for the first and one hundred twenty
(120) heads in second cycle of the project. Schedule 4 shows the comparative
cost of DOC of the project.
Schedule 2. Comparative cost of Day Old Chick of the project.

Plan Actual Plan Actual
No. of heads 100 100 (35) 120 120 (35)
Cost/Unit (PhP) 20.00 13.00 (35) 20.00 13.00 (35)
Total cost (PhP) 2,000.00 1,300.00 (35) 2,400.00 1,560.00 (35)
Procurement of Feeds
Broilers was provided proper and recommended nutrition for optimum

performance for better result. Commercial feeds contains adequate nutrition
to provide optimal growth since it was tested and proved that commercial
feeds was much better performance, the proponent purchased a known brand
quality feeds B-Meg. According to Mr. Juhan Sangu a experienced manager
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of poultry farming he recommended the proponent that B-Meg Integra feeds

was much effective feeds for growth improvement of broiler. The feeds were
bought at Manolo Fortich GVA Trading located at Poblacion, Manolo Fortich,
Bukidnon. The price of B-Meg Integra 1 was PhP33.00 having percent
difference of 9.10% in the plan and B-Meg Integra 2 was PhP33.33 having
percent difference of 3.40% in the plan. The price of B-Meg Integra 3 in the
plan was PhP33.33 while in actual price was PhP32.00 and having a percent
difference of 3.40%. In the plan the projected total fed intake was 130
kilograms worth PhP4,300.00 while in the actual operation the total fed intake
was 226 kilograms worth PhP7,258.00 and having a percent difference of
68.80% during the first cycle. Schedule 5 shows the comparative cost of feeds
have produced.
Schedule 3. Comparative cost of feeds in the first cycle

Plan Actual
Type of Total feed Cost/unit Total cost Total feed Cost/Unit Total cost % Difference
feeds requirement (PhP) (PhP) purchase (PhP) (PhP)
(Kg) d (Kg)
B-Meg 10 30.00 300.00 26 33.00 858.00
Integra 1
B-Meg 60 33.33 2,000.00 90 32.00 2,880.00
Integra 2
B-Meg 60 33.33 2,000.00 110 32.00 3,520.00
Integra 3
Total 4,300.00 7,258.00 68.80
There were sudden changes for the first and second cycle of actual
operation of feed consumption, because the proponent increased the number
of heads by twenty (20) during the second cycle. The total fed intake was
increased kilograms of B-Meg Integra 1, 2 and 3 worth PhP7,865.00 having
percent difference of 70.98% in the plan. Schedule 6 shows the comparative
cost of feeds for the second cycle.
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Schedule 4. Comparative cost of feeds in the second cycle

Plan Actual
Type of Total feed Cost/unit Total cost Total feed Cost/Unit Total cost % Difference
feeds requirement (PhP) (PhP) purchase (PhP) (PhP)
(Kg) d (Kg)
B-Meg 20 30.00 600.00 25 33.00 825.00
Integra 1
B-Meg 60 33.33 2,000.00 100 32.00 3,200.00
Integra 2
B-Meg 60 33.33 2,000.00 120 32.00 3,840.00
Integra 3
Total 4,600.00 7,865.00 70.98
Procurement of Production Supplies
The production supplies in the first cycle of the project consisted

watering trough, light bulb, Powdered soap, disinfectant bleach and brush that
were bought at GVA general merchandise located at Poblacion, Manolo
Fortich, Bukidnon. However in the actual operation the extension wire was
excluded in the cost of production supplies since the proponent had already
extension wire. The projected cost of production supplies was PhP417.00
while in the actual operation was PhP365.00 which resulted to a percent
difference of 12.47%.
During the first cycle office supplies consisted of record book, ledger,
journal, ball point pen, pencil and receipts. The supplies were bought at GVA
general merchandise at Poblacion, Manolo Fortich, Bukidnon. The projected
total cost of supplies was Php100.00 while in the actual operation; the total
cost of office supplies was Php225.00 which resulted to a percent difference
of 125%. During the planning stage, the entrepreneur assumed that the price
of ledger and journal was PhP24.00 and the proponent bought a priced
ballpoint pen that worth PhP10.00 only. Also the manager bought receipts for
the whole operation that amounted to Php111.00. Schedule 7 shows the
comparative cost of production supplies.
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Schedule 5. Comparative cost of supplies (First cycle)

Plan Actual
Items Qnty. Cost/unit Amount Qnty. Cost/Unit Amount % Difference
(PhP) (PhP) (PhP) (PhP)
Production Supplies
Watering trough 2 70.00 140.00 3 45.00 135.00
Light bulb 2 54.00 108.00 5 35.00 175.00
Powder soap 2 7.00 14.00 2 8.00 16.00
Disinfectant Powder 4 35.00 140.00 1 24.00 24.00
Brush 1 15.00 15.00 1 15.00 15.00
Total Production supplies 417.00 365.00 12.47
Office Supplies
Journal 1 25.00 25.00 1 24.00 24.00
Pencil 1 10.00 10.00 1 10.00 10.00
Carbon 1 0 0 1 8.00 8.00
Record book 1 20.00 20.00 1 40.00 40.00
Receipts 1 10.00 10.00 1 111.00 111.00
Ball point pen 1 10.00 10.00 1 10.00 10.00
Ledger 1 25.00 25.00 1 22.00 22.00
Total Office Supplies 100.00 225.00 125
In the second cycle of the project, the proponent did not buy additional
production supplies since the supplies procured from the first cycle were still
usable. During second cycle of operation, the proponent did not buy additional
Journal, Pencil, Carbon, Record book, Ball pen and Ledger since the
procured from first cycle were still usable. Only the receipts were bought
worth PhP111.00. Schedule 8 shows the comparative cost of production
supplies in the second cycle.
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Schedule 6. Comparative cost of supplies (Second cycle)

Plan Actual
Items Qnty. Cost/unit Amount Qnty. Cost/Unit Amount % Difference
Production Supplies
Watering trough 2 70.00 140.00 - - -
Light bulb 2 54.00 108.00 - - -
Powder soap 2 7 14.00 - - -
Disinfectant Powder 4 35.00 140.00 - - -
Brush - - - - - -
Total Production supplies 402.00 - -
Office Supplies
Journal 1 25.00 25.00 - - -
Pencil 1 10.00 10.00 - - -
Carbon 1 0 0 - - -
Record book 1 20.00 20.00 - - -
Receipts 1 10.00 10.00 1 111.00 111.00
Ball point pen 1 10.00 10.00 - - -
Ledger 1 25.00 25.00 - - -
Total Office Supplies 100.00 111.00 11
Procurement of veterinary drugs and supplements
Both first and second cycle the veterinary drugs and supplements were
bought at GVA supply located at Poblacion, Manolo Fortich, Bukidnon. In the
plan the multivitamins was Vetracin premium and dox-c-trin. However in the
actual operation the vetracin premium was excluded in the cost of veterinary
drugs and supplements since the Dox-C-Trin was really enough to satisfy the
needs of vitamins of broilers. The projected total cost of supplements was
PhP86.00 while in the actual operation was PhP120.00 and having a percent
difference of 39.53% for the whole operation. Schedule 9 shows the
comparative cost of veterinary drugs and supplements.
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Schedule 7. Comparative cost of veterinary drugs and supplements in both

first and second cycle of the project
Plan Actual
Items Quantity Cost/unit Amount Quantity Cost/Unit Amount % Difference
Dox-C-Trin 5 17.20 86.00 6 20.00 120.00
86.00 120.00 39.53
Brooding management
The study used artificial brooding by means of using five (5)

incandescent bulbs with fifty (50) watts each. Chicks were supplied with
artificial heat from the time they are taken out from the incubators up to the
time their bodies can control their heat requirement. Sufficient heat is provided
to keep the chicks comfortably warm during day and night, abrupt changes in
brooder temperature is controlled during the first two weeks. In addition,
newspaper served as litter for the first four (5) days but it was replaced with
rice hulls since newspaper gets wet easily. The litter material helps the chick
to stay warm. The proponent provided brooding area for the chicks to keep
them warm and safe during day and night. Table 1 shows the brooding
temperature.
Feeding and Water Management
Water mixed with a Dox-c-trin was administered right after the chicks
arrived at the project location. During the first and second cycle, prevention
against diseases was obtained through the use of Dox-C-Trin from first to
fourtenth day. Feed additives make broiler production profitable and helped
broiler owner control diseases and infections. Commercial feed stuff was used
for the whole duration of the first and second cycle of operation. Dry feeding
was introduced to the broilers using bamboo feeding trough. The bamboo
feeding trough was already installed in the rented broiler house. In the plan
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dry feeding was given thrice a day but in the actual operation the proponent
make it unlimited feeding or also called as Adlibitum, where food is available
at all times with the quantity and frequency of consumption being the free
choice of the broiler. The total feed consumed of Integra1 was 25 kilograms,
Integra2 was 100 kilograms and 120 kilograms for Integra3, the total fed
intake in both cycles was 245 kilograms. Table 2 shows the feeding guide
during the first and second cycle.
Table 1. Feeding guide of the project during first and second cycle
Plan Actua
l
Items No. of Feeds to be given for Total No. of Feeds to be given for 100 Total
feeding 100 Broilers per feeding consumed feeding Broilers per feeding (kg) consumed
days (kg) (kg) days (kg)
AM NOON PM AM NOON PM
Chick 1-10 0.86 0.86 0.86 26 1-10 0.83 0.83 0.83 25
Booster
Broiler 11-21 3 3 3 90 11-21 3.33 3.33 3.33 100
Grower
Broiler 22-35 2.82 2.82 2.82 110 22-35 3.08 3.08 3.08 120
Finisher
Growth Monitoring
The growth of the chicks was monitored by the caretaker every end of
a week of at least 20% of the population was weighed, it was monitored with
the used of weighing scale and to provide appropriate action to the possible
problems arise. Growth monitoring of broiler chicken was implemented to
assure the development and performance of the broiler chickens.
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Marketing of Product Disposal
The actual buyers of the project were the individual meat consumer at
barangay San Miguel the proponent’s neighbors and Dahilayan Eatery at
Manolo Fortich, Bukidnon. The products were sold directly to the buyers and
the payment was on cash basis only. The market for broiler chicken and its
meat was unlimited and was ever increasing. The proponent was sell the
broiler chicken as live weight. In the plan the marketing strategy was to give
a discount if the buyer purchased of at least 10 heads of chicken, but due to
higher demand of the product there was no discount happened.
Waste Management
The caretaker of the enterprise was the one who maintained the
cleanliness of the broiler house to keep the chicken safe from diseases.
Consequently the caretaker was scraped the remaining manure and cleaned
the feeding and drinking trough and placed it in the sacks provided for the
manure. The caretaker was also disposed the dead chickens by burying.
Regular cleaning of the surroundings was done.
Utilities and Transportation
Utilities including water and electricity were both available at the project
site with cost of PhP500.00 including for the rental for the whole production
period. There were no sudden changes of rent expense for the plan and
actual operation. The projected transportation cost in the procurement of DOC
and other supplies were PhP400.00 while in the actual operation was
PhP450.00 for the first cycle which resulted to a percent difference of (12.50)
% and during the second cycle the transportation expense was PhP440.00, it
was decreased by 2.22% compared to the planned worth PhP450.00.
Schedule 12 shows the comparative utilities expense.
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Schedule 8. Comparative utilities expense of the project

First Cycle Second Cycle
Plan Actual % Difference Plan Actual % Difference
Transportation 400.00 450.00 400.00 440.00
Rent 750.00 500.00 750.00 500.00
Total 1,150.00 950.00 (17.39) 1,150.00 940.00 (18.26)
Labor Requirement
The manager hired one (1) laborer to assist and guide him. The
manager let the hired labor in charge for cleaning, feeding and growth
monitoring, but sometimes the proponent was also monitored the weight of
chicken. The total labor cost during the first and second cycle was Php500.00
per cycle of the operation. Schedule 13 shows the comparative labor
expense.
Schedule 9. Comparative labour cost of the project in both cycles

First Cycle Second Cycle % Difference
No. of laborer Weeks Plan (PhP) Actual (PhP) Plan (PhP) Actual (PhP)
1 5 500.00 500.00 500.00 500.00
Total cost 500.00 500.00 500.00 500.00 0
MANAGEMENT ASPECT
Form of Business Organization
The proponent was adopted simple form of business organization (sole

proprietorship). A sole proprietorship was the most common form of business
organization. It's easy to form and offers complete control to the owner. The
proponent was personally liable for all financial obligations and debts of the
business.
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Organizational Structure
The JMC’s broiler enterprise has two (2) organizational functional

positions, the owner/manager and the caretaker/laborer. Figure 5 illustrates
the flow of authority, the key position, and the functions of personnel’s
involved in the enterprise. The manager was responsible in planning, decision
making, project implementation, financial management, monitoring, and
recording to all activities done in the operation and for purchasing of broilers.
There were no sudden changes for plan and actual operation management
fee was PhP500.00 per cycle. The manager and caretaker marketed the
chicken after they reached 1.5 kilograms per head. The caretaker was
assigned in weighing the broiler in every order. The manager was assigned in
recording the weight and profit of the product. Figure 5 shows the illustrated
the flow of authority from the owner to the caretaker.
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John Michael B. Capin

(Manager)
Susan C. Walag
(Caretaker)
Figure 5. Organizational structure of the project
Organizational Activities
The proponent used the Gantt Chart or schedule of Activities to

organized properly the different activities in the project. The proponent made
a business operation plan before the implementation. The proposed activities
were scheduled during the business operation. This also serves as a
reference for the accomplishments of each activity. The capital was provided
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the day after planning. Broiler shed was rented while equipment’s and other
supplies were procured before the operation starts. Cleaning and Disinfecting
was already done for the preparation of broiler. Table 2 shows the schedule of
activities.
Table 2. Schedule of activities of the entire operation of the project

First cycle of the project Second cycle of the project
October November January February
Activities
1 2 3 4 1 2 3 4 1 1 2 3 4 1 2 3 4
Planning
Acquisition of Capital
Procurement of Day Old Chicks
Procurements of Supplies
Procurement of Veterinary Drugs,

Supplements and Disinfectants
Procurement of Feeds
Cleaning and Disinfecting
House Preparation
Feeding
Monitoring
Cleaning
Marketing
Legend: Plan
Actual
FINANCIAL ASPECT
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Capital Requirement
The budgeted capital requirement needed for this business was

PhP9,400.00 for the first cycle and the ending cash balance in the first
operation will be used to sustain the operation of the second cycle till the end
of the operation. However during actual implementation, the supplier decided
to invest PhP11,000.00 which covers the procurement of DOC, initial
procurement of production supplies, office supplies and transportation costs
while management, rent expense and labor fee were paid after generating
sales. The detailed allocation of the said capital is presented in schedule 14.
Schedule 10. Comparative budgeted capital requirement of the project

First Cycle % Second Cycle % Difference
Difference
Items Plan Actual Plan Actual
A.Production Costs and
Expense
Day Old Chicks 2,000.00 1,300.00 2,200.00 1,560.00
Feeds 4,300.00 7,258.00 4,600.00 7,865.00
Veterinary drugs and 86.00 120.00 86.00 120.00
Supplements
Labour fee 0.00 0.00 0.00 0.00
Total Direct Labor Cost 0.00 0.00 0.00 0.00
Production supplies 638.00 365.00 40.00 0.00
Office Supplies 100.00 225.00 100.00 115.00
Total Production Cost and 7,124.00 9,268.00 7,026.00 9,660.00
Expense
B.Operating Cost and
Expense
Transportation expense 400.00 450.00 400.00 440.00
Rent expense 750.00 500.00 750.00 500.00
Total Operating Cost and 1,150.00 950.00 1,150.00 940.00
Expense
Selling and Administrative
Cost and Expense
Marketing Expense 0.00 0.00 0.00 0.00
Management fee 0.00 0.00 0.00 0.00
Total Selling and 0.00 0.00 0.00 0.00
Administrative Expense
Total Cost and Expense 8,274.00 10,218.00 23.50 8,176.00 10,600.00 29.65
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Sources of Financing
The actual capital invested was PhP11,000.00 during the first cycle of
operation and cash ending balance was just forwarded for financing the
second cycle. The financial source obtained from this study was taken from
the supplier’s parent which was already prepared prior to the conduct of this
project.
Comparative Financial Statements
There were three financial statements present in the project, first the
Income Statement, second the Cash flow statement and lastly, the balance
sheet statement. This was to prove that the enterprise was profitable.
Comparative Statement of Financial Performance
During the first cycle, the enterprise has generated an actual sales
worth PhP17,480.00, 6.66% higher compared with planned sales worth
PhP16,387.50. The difference was due to the average weight of chicken
which is 1.5 kilograms in proposed while in the actual gained 1.6 kilograms
average weight. The actual production cost incurred during the operation is
PhP9,360.50 which increased by 30% than the planned production cost worth
PhP7,205.00. The difference was due to the increased of feeds since the B-
Meg Integra was expensive compared to the other commercial feeds. The
total operating expense is PhP1,175.00, 6% lower compared to the plan
which is PhP1,250.00 only. It is the result of the discounted rent expense
availed by the proponent. Net Income before tax is PhP5,944.50 which is 14%
lower compared to the plan considering that the feeds consumed by the
broiler was higher.
For the second cycle of actual implementation, the product was still
sold in live weight chicken basis. It generated PhP22,080.00 sales which was
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11.30% higher compared with the plan still due to the increased of price.
Production cost incurred is PhP10,227.50 which increased by 32.73%
compared with the plan production cost worth PhP7,705.00. the difference
was also due to feeds expense. Overall, its total operating expense was
PhP1,025.00, this was 18% lower compared with the planed which was
PhP1,250.00. The difference was due to the decreased of transportation
expensed since few trips were performed in procuring the supplies. The net
income before tax was PhP9,827.50 which was 0.51% higher compared with
the plan considering that the sales generated was high.
The sales and net income for the second cycle of actual
implementation was higher compared with the sales and net income from the
first cycle of actual implementation. Factors to be consider was due to the
increased of price. A detailed presentation of comparative income statement
is shown in Exhibit 1.
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Exhibit 1
Comparative Income Statement
JMC’S Broiler Enterprise
For the Period of October 2018-November 2018
Particulars Plan Actual Plan Actual
Sales 16,387.50 17,480.00 6.66 19,837.50 22,080.00 11.30
Less: Production Cost
Day Old Chicks Expense 2,000.00 1,300.00 2,200.00 1,560.00
Feeds Expense 4,300.00 7,258.00 4,600.00 7,865.00
Veterinary drugs and 86.00 120.00 86.00 120.00
supplement expense
Labor Expense 500.00 500.00 500.00 500.00
expense
Total Production Cost 7,205.00 9,360.50 29.92 7,705.00 10,227.50 32.74
Gross Profit from 9,182.50 8,119.50 11.58 12,132.50 11,852.50 2.31
Production
Less: Operating Expense
Office supplies expense 100.00 225.00 100.00 115.00
Rent Expense 750.00 500.00 750.00 500.00
Total Operating Expense 1,250.00 1,175.00 6.00 1,250.00 1,025.00 18
Net Profit from Operation 7,932.50 6,944.50 12.46 10,882.50 10,827.50 0.51
Less: Selling and
Administrative Cost
Management Fee 1,000.00 1,000.00 1,000.00 1,000.00
Total Selling and 1,000.00 1,000.00 0 1,000.00 1,000.00 0
Administrative Cost
Net Profit 6,932.50 5,944.50 14.25 9,882.50 9,827.50 0.51
Comparative Cash Flow Statement
During the first cycle of actual implementation, the enterprise had

generated a total cash inflow of PhP28,480.00 coming from sales and
proponent’s capital. It was 10.44 higher compared with the plan considering
sales generated were high. Total cash outflow was PhP11,718.00 resulting to
a net cash flow of PhP16,762.00. ending cash balance was PhP16,762.00
which was 4.46% higher compared with the plan ending cash balance worth
PhP16,013.50. The difference was due to higher sales generated with a
deduction from cash outflows.
28
On the second cycle, the project generated PhP22,080.00 worth of

total cash inflow which was 11.30% higher compared with plan worth
PhP19,837.50. Actual total cash outflow was PhP12,070.00 which was 25%
higher compared with plan worth of PhP9,636.00 which results to net cash
flow of PhP10,010.00 and an ending cash balance of PhP26,772.00. These
were the summation from the beginning cash balance and net cash flow. The
ending cash balance of the second cycle increased which means that there
was enough cash available in the business that could sustained the two
cycles of actual implementation. The comparative cash flow statement was
presented in Exhibit 2.
Exhibit 2
Comparative Cash Flow Statement
Cash Inflow 16,387.50 17,480.00 6.66 19,837.50 22,080.00 11.30
Capin’s Capital 9,400.00 11,000.00 0 0
Total Cash Inflow 25,787.50 28,480.00 10.44 19,837.50 22,080.00 11.30
Cash Outflow
Day Old Chicks Inventory 2,000.00 1,300.00 2,200.00 1,560.00
Feeds Inventory 4,300.00 7,258.00 4,600.00 7,865.00
Veterinary Drugs and 86.00 120.00 86.00 120.00
supplements inventory
Labor cost expense 500.00 500.00 500.00 500.00
Production supplies 638.00 365.00 0 `0
inventory
Office supplies inventory 100.00 225.00 100.00 115.00
Rent expense 750.00 500.00 750.00 500.00
Management Fee 1,000.00 1,000.00 1,000.00 1,000.00
Total Cash Outflow 9,774.00 11,718.00 19.89 9,636.00 12,070.00 25.26
Net Cash Flow 16,013.50 16,762.00 4.67 10,201.50 10,010.00 1.88
Add: Beginning Balance 0 0 16,013.50 16,762.00
Ending Cash Balance 16,013.50 16,762.00 4.67 26,215.00 26,772.00 2.12
Comparative Statement of Financial Position

29
On the first cycle of the actual implementation, the project has a total
asset of PhP16,944.50 which was the summation from cash worth
PhP16,762.00 and production supplies worth of PhP182.50. The total asset
was 3.75% higher compared with the plan considering that first cycle of
operation obtained large amount of net income. The total owner’s equity and
liability was PhP16,944.50. The business was supported all throughout by the
supplier’s capital and sales generated.
During the second cycle of operation, the business had a total asset of
PhP26,772.00 which was from a result from net cash flow and beginning
balance. This was 2.12% higher compared with planned total asset worth
PhP26,215.00. The difference was still due to the increased of net income
compared with plan. The total owner’s equity and liability was PhP26,215.00.
The business was still supported all throughout by the proponent’s capital and
sales generated.
As shown in the comparative balance sheet statement, the actual
operation for the second cycle has increased the assets and equity due to
additional sales deducted with expenses incurred. All asset in the project was
form of cash which showed that the business was sustainable. Furthermore,
the business was also stable due to the absence of liability. The comparative
balance sheet statement of the project is presented in Exhibit 3.
30
Exhibit 3
Comparative Balance Sheet Statement
Assets
Current Assets
Cash 16,013.50 16,762.00 26,215.00 26,772.00
Total Assets 16,332.50 16,944.50 3.75 26,215.00 26,772.00 2.12
Liabilities and Owners
Equity
Owners’ Equity
Capin’s Capital 9,400.00 11,000.00 9,400.00 11,000.00
Retained Earnings, Beg. 0.00 0.00 6,932.50 5,944.50
Add: Net Income 6,932.50 5,944.50 9,882.50 9,827.50
Retained Income Ending 6,932.50 5,944.50 16,815.00 15,772.00
Total Owners Equity 16,332.50 16,944.50 3.75 26,215.00 26, 772.00 2.12
Total Liability 0.00 0.00 0.00 0.00
Total Owners Equity & 16,332.50 16,944.50 3.75 26,215.00 26, 747.00 2.12
Liability
Financial Analysis
The financial ratios such as Return on Investment (ROI), Return on

Equity (ROE), Gross Profit Margin (GPM) and Net Profit Margin (NPM) were
determined. The comparative financial ratios were computed for the first and
second cycles of the actual project enterprise.
During the first cycle, the project computed a Return on Investment
(ROI) equivalent to 54% this means that for every PhP100.00 invested capital,
there was an equivalent generated return of PhP54.00. The result was
26.73% lower compared with plan equivalent to 74%. The actual computed
Return on Equity (ROE) was also 54%. This was due to the investment is just
equal to equity provided by the owner. The result indicates that for every
PhP100.00 equity invested, it generated a return equivalent of 54%. This
result was lower compared with plan which is 74%. On the other hand, the
31
Gross Profit Margin (GPM) computed was 46.45%, this means that for every
PhP100.00 sales generated, there was an equivalent gross profit generated
amounting to PhP46.45. However, the actual GPM was 17% lower compared
with plan which is 56%. The actual computed Net Profit Margin (NPM) was
34%, this means that for every PhP100.00 sales generated, there was
PhP34.00n net profit generated from the operation. But this result was 19%
lower compared with plan equivalent to 42%.
On the second cycle, the project computed a Return On Investment
(ROI) equivalent to 89.34%, this means that for every PhP100.00 invested
capital, there was an equivalent generated return of PhP89.34. The actual
result was 15% lower compared with plan equivalent to 105.13%. The actual
computed Return On Equity (ROE) was 58%. The result indicated that for
every PhP100.00 equity invested it generated a return equivalent to
PhP58.00. This result was higher compared with plan which is 61%. The
Gross Profit Margin (GPM) computed was 46%, this means that for every
PhP100.00 sales generated, there was an equivalent gross profit generated
amounted to PhP46.00. However, the actual GPM was 17% lower compared
with plan of 56%. The actual computed Net Profit Margin (NPM) was 44.51%,
this means that for every PhP100.00 sales generated, there was PhP44.51
net profit generated from the operation. This result was 10% lower compared
with plan equivalent to 49.82%. The detailed computation was presented in
Table 5.
32
Table 3. Financial analysis of the project

Ratios Details of computation Interpretation
Plan Actual
Return on net inome net inome
Investment total investment total investment It indicates that for every
(ROI) 100% capital investment,
Net Income Net Income
ROI= x 100
ROI= x 100the project generate a net
Total investment Total investment income of 73.75%% in the
6,932.50 5,944.50
ROI 1= x 100 ROI 1= x 100 first
the
cycle and 105.13%in
second cycle for a
9,400.00 11,000.00
period of 35 days.
ROI 1 = 73.75% ROI 1 = 54.04%
9,882.50 9,827.50 In actual implementation
ROI 2= x 100 ROI 2= x 100 the project generated a
9,400.00 11,000.00
Return on Investment
ROI 2 = 105.13% ROI 2 = 89.34% of 54.04% during the first
cycle and 89.34% during
the second.
Return on
Equity Net Income Net Income It indicates that for every
(ROE) ROE= x 100 ROE= x 100 100% for owner’s equity,
Total Equi ty Total Equity
the project generate a net
6,932.50 5,944.50
ROE 1= x 100 ROE 1= x 100 income of 73.75%in the
9,400.00 11,000.00 first cycle and 35.95%in
the second for a period of
ROE 1 = 73.75% 35 days.
ROE 1 = 54.04%
6,932.50 9,827.50 In actual implementation
ROE 2= ROEx 100
2= x 100
9,400.00+ 9,882.50 11,000.00+5,944.50the project generated a
Return on Equity
ROE 2 = 35.95% of 54.04%during the first
ROE 2= 58%
cycle and 58%during the
second.
Gross
Profit Gross Profit Gross Profit It indicates that for every
Margin GPM= x 100 GPM= x 100 100% of sales, the project
(GPM) Total sales Total sales generate a gross profit of
56.03%in the first cycle
9,182.50 8,119.50 and 61.16%in the second
GPM 1= x 100 GPM 1= x 100
16,387.50 17,480.00 cycle for the period of 35
days per cycle.
GPM 1 = 56.03% GPM 1 = 46.45%
In actual implementation
12,132.50 11,852.50 the project generated a
GPM 2= x 100 GPM 2= x 100 gross profit income of
19,837.50 22,080.00
46.45%during the first
GPM 2 = 61.16% GPM 2 = 53.68% cycle and 53.68%during
the second.
Net Profit
Margin It indicates that for every
(NPM) 100% of sales, the project
33
Net income Net income generate a gross profit of

NPM= x 100 NPM= x 100 42.30%in the first cycle
Total sales Total sales
and 49.82%in the second
cycle for the period of 35
6,932.50 5,944.50 days per cycle.
NPM 1= x 100 NPM 1= x 100
16,387.50 17,480.00
In actual implementation
the project generated a net
NPM 1 = 42.30% NPM 1 = 34% income of 34%during the
first cycle and 44.51%
9,882.50 9,827.50 during the second cycle.
NPM 2= x 100 NPM 2= x 100
19,837.50 22,080.00
NPM 2 = 49.82% NPM 2 = 44.51%
34
CHAPTER III
PROBLEMS SOLVED AND LESSONS LEARNED
This chapter, the supplier discussed the problems encountered during

the implementation of the project and its corresponding solutions.
Furthermore, the lessons learned in operating the project were also shown
including the recommendations in planning and managing broiler chicken
production.
PROBLEMS SOLVED
This study encountered several problems in managing poultry
production that measures the capability, interest and skills about broiler
chicken production. Problems encountered are mainly on the functional areas
of the business such as on the technical production processes and
management.
The proponent also encountered problem with regards to the
cannibalism activity of the broilers. On the first cycle after loading the chicks
on the cage since the feederer and waterer was already installed the chicks
got wet because they stepped over the waterer.
LESSONS LEARNED
“Your last mistake is your best teacher”
The statement is a summary of what the proponent had learned in
establishing the project. Through the problems encountered, the proponent
35
learned to be more flexible enough to face all responsibilities of being a

competitive entrepreneur. Good planning strategies in starting up a business
surely results to good output.
CHAPTER IV
CONCLUSION AND RECOMMENDATION
CONCLUSION
Due to the actual implementation and operation of the broiler
enterprise, the proponent was able to gain additional knowledge based on
experience. With the help of the enterprise development project plan, the
proponent was guided of all the things he ought to do. The proponent gained
additional knowledge in marketing, technical, management and financial
aspects. In the actual establishment, specifically in the marketing aspect, the
proponent learned that established live weight chicken sellers were preferred
by buyers due to lower price.
RECOMMENDATION
The proponent recommends to aspiring entrepreneurs to be sincerely
interested in their agriculture and agribusiness subjects since this would serve
as reference guide or tool in the near future.
In terms of enterprise, enough time to prepare the project plan must as
it will served as guide in the actual implementation of the project. The plan
constitutes the effort shown in doing business that will offer entries in the
market, canvassing for prices and buyers. Hence, this study recommends
interest, effort, patience, optimism, perseverance and preparedness to those
who want to engage this kind of business.
36
LITERATURE CITED
Corzo, A. (2010). Limitations of dietary isoleucine and valine in broiler chicks

diets. https://www.ncbi.nlm.nih.gov/pubmed/19687279.
Roger, P. (2016). hatchery and broiler growers. New Training Aid and Broiler
Production Guide to facilitate adoption of new skills and knowledge by
poultry farmers. www.ifc.org/wps/wcm/connect/.../sba-proj.
Kidd, M. (2009). Hatchery Feeding of Starter Diets to Broiler Chicks.

The Journal of Applied Poultry Research, Volume 16, Pages 234–239,
Matthews, T. (2017). Protection of broiler breeders against a strain of Fowls

adenovirus and characterization of several fowl ade Novirus serotype
pdfs.semanticscholar.org
Shedden, O. (2010). Breakfast on the farm largest to date | Canadian Poultry.

https://www.canadianpoultrymag.com/ . . ./shedden-breakfast-on-the-
farm-largest-to-dat.
Saskatchewan, P. (2014). Nutrition · Recipes · Newsletters & More. Recipe

Collections. Home | Contact | About Us. © 2014 Chicken Farmers. All
Rights Reserved. www.saskatchewanchicken.ca . The objective of this
research is to estimate the total production cost and its components for
chicken producers.
37
APPENDICES
38
FIRST CYCLE
39
JMC’S Broiler enterprise

Daily log activities
October 01, 2018 to November 11, 2018
FIRST CYCLE
Date Activities Problems Action taken Lesson Person
encountered learned involved
Oct. 01 - Acquisition of None None None Caretaker
capital worth and manager
PhP700.00
- Purchase of
production supply:
3 pcs. Light bulb
for PhP105.00 and
3 watering troughs
for PhP135.00,
Breeze powder,
zonrox and brush
at PhP55.00.
- Purchased of
office supplies for
PhP225.00
-Transportation
Expense
Php150.00
Oct. 06 -The owner None None None Caretaker
invested additional and manager
capital,
Php2,500.00
- Procured 26kg of
Integra1 for
PhP858.00
- Purchased of 2
pcs. Of Dox-c-trin
for PhP40.00
-Transportation
Expense Php30.00
- Cleaning of
Oct. 08 surroundings; 1 chick died Buried Appropriate Caretaker
Feeding Integra1; temp. must and manager
40
giving water w/ be
Dox-C-Trin maintained

Oct. 09 - Cleaning of
surroundings; 1 chick died Buried Appropriate Caretaker
Feeding Integra1; temp. must and manager
giving water w/ be
Dox-C-Trin maintained
Oct. 10 - Cleaning of None None None Caretaker
surroundings;
Feeding Integra1;
giving water w/
Dox-C-Trin
- Purchased 4 pcs.
Of Dox-C-Trin
worth PhP80.00
-Transportation
Expense Php30.00
surroundings;
Feeding Integra1;
giving water w/
Dox-C-Trin
surroundings;
Feeding Integra1;
giving water w/
Dox-C-Trin
surroundings;
Feeding Integra1;
giving water w/
Dox-C-Trin
- Changing of
bedding
FIRST surroundings;
WEEK Feeding Integra1;
giving water w/
Dox-C-Trin
- Growth
41
monitored 20% of
population
Oct. 15 - Cleaning of 1 chick died Buried Appropriate Caretaker
surroundings; temp. must and manager
Feeding Integra1; be
giving water w/ maintained
Dox-C-Trin
surroundings; and manager
Feeding Integra2;
giving water w/
Dox-C-Trin
invested additional
capital,
Php2,000.00
- Cleaning of
surroundings;
Feeding Integra2;
giving water w/
Dox-C-Trin
- Purchased 50 kg
Of Integra2 worth
PhP1,600.00
surroundings;
Feeding Integra2;
giving water w/
Dox-C-Trin
surroundings;
Feeding Integra2;
giving water
surroundings;
Feeding Integra2;
giving water
Oct. 21 - Cleaning of 1 chick died Buried Appropriate Caretaker
2ND surroundings; temp. must
WEEK Feeding Integra2; be
giving water maintained
- Growth
monitored 20% of
42
population
Feeding Integra2;
giving water

- Change 2 bulb
worth PhP70.00
-Transportation
Expense Php30.00
Feeding Integra2;
giving water
invested additional
capital,
Php3,500.00
- Cleaning of
surroundings;
Feeding Integra2;
giving water
- Purchased 40 kg
Of Integra2 worth
PhP1,280.00
-Transportation
Expense Php30.00
surroundings;
Feeding Integra2;
giving water
surroundings;
Feeding Integra2;
giving water
surroundings;
Feeding Integra2;
giving water
THIRD surroundings;
giving water
43
Growth monitored
20% of population
Feeding Integra2;

giving water
Feeding Integra2;
giving water
surroundings;
Feeding Integra3;
- Purchased 60 kg
of Integra3 worth
PhP1,920.00
-Transportation
Expense Php30.00
Nov. 01 - Cleaning of None None None Caretaker
surroundings;
Feeding Integra3;
giving water
Removed the rice
hulls
surroundings;
Feeding Integra3;
giving water
surroundings;
Feeding Integra3;
giving water
4TH surroundings;
giving water
- Growth
monitored 20% of
population
Feeding Integra3;
44
giving water
Nov. 06 -The owner None None None Caretaker
invested additional
capital,
Php2,300.00

- Cleaning of
surroundings;
Feeding Integra3;
giving water
- Purchased 50 kg
of Integra3 worth
PhP1,600.00
-Transportation
Nov. 07 Expense Php30.00 None None None Caretaker
- Cleaning of
surroundings;
Feeding Integra3;
giving water
surroundings;
Feeding Integra3;
giving water
- Received sales
from Mrs.
Canturias, Fe
worth
PhP4,968.00
-Transportation
Expense Php30.00
surroundings;
Feeding Integra3;
giving water
- Received sales
from Mrs. Hazel
Gamao worth
PhP4,232.00
surroundings;
Feeding Integra3;
giving water
- Received sales
45
from proponent
neighbors worth
PhP4,416.00

Nov. 11 - Checking the None None None Caretaker
FIFTH number of broilers
WEEK left and final
monitoring of their
weight broilers had
achieved their
target weight
which is more than
with an average
weight of 1.6 kg.
- 21 heads was
delivered to actual
buyer worth
PhP3,864.00
-Transportation
Expense Php30.00
Nov. 12 - Paid rent None None None Caretaker
expense worth and manager
PhP500.00
- Paid caretaker
fee worth
PhP500.00
- Paid
management fee
worth
PhP1,000.00
-Transportation
Expense Php30.00
46
OR No: 1
OR No: 2
OR No: 3
47
OR No: 4
OR No: 5
OR No: 6
48
OR No: 7
OR No: 8
OR No: 9
49
OR No: 10
:3
OR No: 11
:
OR No: 12
:
50
OR No: 13
:
OR No: 14
:
OR No: 15
:
51
OR No: 16
:
OR No: 17
:
OR No: 18
:
52
OR No: 19
:
OR No: 20
OR No: 21
:
53
OR No: 22
:
OR No: 23
:
OR No: 24
:
54
OR No: 25
:
OR No: 26
:
OR No: 27
:
55
OR No: 28
:
OR No: 29
:
OR No: 30
:
56
OR No: 31
:
OR No: 32
:
OR No: 33
:
57
OR No: 34
:
58
JMC’S BROILER ENTERPRISE

List of Financial Transaction
Date Transactions Amount Source Document
(Php)
Oct. 01, 2018 - The owner invested a start-up capital of 700.00 OR No. 01
PhP700.00
- Purchase of production supply: 295.00 Receipt No. 02
3 pcs. Light bulb for PhP105.00,
3 watering troughs for PhP135.00,
Breeze powder, zonrox and brush at
PhP55.00.
- Purchased of office supplies for 225.00 Receipt No. 03
PhP225.00
- Transportation expense PhP150.00 150.00 Receipt No. 04
Oct. 06, 2018 - The owner invested additional capital, 2,500.00 Receipt No. 05
Php2,500.00
- Procured 26kg of Integra1 for 858.00 Receipt No. 06
PhP858.00
- Purchased of 2 pcs. Of Dox-c-trin for 40.00 Receipt No. 07
PhP40.00
Oct. 07, 2018 - Procured 100 chicks at hatchery, San 1,300.00 Receipt No. 09
Miguel, Manolo Fortich, Buk. For
PhP1,300.00
Oct. 10, 2018 - Purchased 4 pcs. Of Dox-C-Trin worth 80.00 Receipt No. 11
PhP80.00
Php2,000.00
- Purchased 50 kg Of Integra2 worth 1,600.00 Receipt No. 14
PhP1,600.00
Oct. 22, 2018 - Purchased 2 bulb worth PhP70.00 70.00 Receipt No. 15
Oct. 23, 2018 - Transportation expense PhP30.00 30.00 Receipt No. 17
Php3,500.00
- Purchased 40 kg Of Integra2 worth 1,280.00 Receipt No. 19
PhP1,280.00
59

Oct. 31, 2018 - Purchased 60 kg of Integra3 worth 1,920.00 Receipt No. 21
PhP1,920.00

(PhP)
Nov. 06, 2018 - The owner invested additional capital, 2,300.00 Receipt No. 23
Php2,300.00
- Purchased 50 kg of Integra3 worth 1,600.00 Receipt No. 24
PhP1,600.00
Nov. 08, 2018 - Received sales from Mrs. Canturias, Fe 4,968.00 Receipt No. 26
worth PhP4,968.00
Nov. 09, 2018 - Received sales from Mrs. Hazel Gamao 4,232.00 Receipt No. 28
worth PhP4,232.00
Nov. 10, 2018 - Received sales from proponent 4,416.00 Receipt No. 29
neighbors worth Php4,416.00
Nov. 11, 2018 - 21 heads was delivered to actual buyer 3,864.00 Receipt No. 30
Dahilayan Pention House and Eatery
worth PhP3,864.00
Nov.12, 2018 - Paid rent expense worth PhP500.00 500.00 Receipt No. 32
- Paid caretaker fee worth PhP500.00 500.00 Receipt No. 33
- Paid management fee worth 1,000.00 Receipt No. 34
PhP1,000.00
60

Chart of Account
First Cycle
Account Account title Normal Balance Account Description
no.
101 Cash Debit This account refers to all available cash for purchase
and payment of every transaction.
102 Day Old Chicks Debit This account refers to Day old chicks purchased,
Inventory mortality and sold stocks.
103 Feeds Inventory Debit This account refers to Feeds that are purchased and
feeds consumed.
104 Veterinary Drugs & Debit This account refers to the veterinary drugs and
Supplements Inventory supplements that are purchased and consumed.
105 Production supplies Debit This account refers to production supplies that are
Inventory purchased and production supplies that are used.
106 Office Supplies Debit This account refers to office supplies that are
Inventory purchased and used.
301 Capin Capital Credit This account refers to the capital invested by the
owner for the period of October to November.
401 Sales Credit This account refers to the sold chicken to the buyers
and consumers.
501 Day Old Chicks Debit This account refers to the day old chick mortalities
Expense and sold stocks.
502 Feeds Expense Debit This account refers to the total feeds consumed in
the project for the period of October and November.
503 Veterinary Drugs and Debit This account refers to the veterinary drugs and
supplements Expense supplements that are utilized.
504 Production Supplies Debit This account refers to the transportation expense
Expense used by the owner and caretaker to buy feeds,
veterinary drugs and supplies needed in the project.
505 Office Supplies Expense Debit This account refers to the production supplies used.
506 Transportation Expense Debit This account refers to office supplies expense.
507 Rent Expense Debit This account refers to the amount paid for renting
broiler house.
508 Labor Fee Debit This account refers to amount paid by the owner to
the caretaker.
510 Management Fee Debit This account refers to management fee.
61

OCTOBER 01, 2018 TO NOVEMBER 11, 2018
GENERAL JOURNAL
FIRST CYCLE
PAGE- J1
DATE PARTICULARS PR Dr Cr
Oct 01 Cash 7 0 0 00
Capin, Capital 7 0 0 00
To record initial capital

investment
Production supplies inventory 2 9 5 00
Cash 2 9 5 00
To record purchase of
production supplies
Office supplies inventory 2 2 5 00
Cash 2 2 5 00
office supplies
Transportation expense 1 5 0 00
Cash 1 5 0 00
To record transportation
expense
06 Cash 2 5 0 0 00
Capin, Capital 2 5 0 0 00
To record additional
capital investment
Feeds inventory 8 5 8 00
Cash 8 5 8 00
To record feeds expense
Veterinary Drugs and

supplements 4 0 00
Cash 4 0 00
veterinary supplements
expense
62
00
Transportation expense 3 0
Cash 3 0 00

OCTOBER, 2018 TO NOVEMBER 02, 2018
GENERAL JOURNAL
FIRST CYCLE
PAGE- J2
P
DATE PARTICULARS R Dr Cr
expense
Oct 0
00
. 7 Day old chick inventory 1 3 0 0
Cash 1 3 0 0 00
stocks
Day old chick expense 1 3 00
Day old chick inventory 1 3 00
To record mortality of 1
chicks
Transportation expense 3 0 00
Cash 3 0 00
expense
0
7 Day old chick expense 1 3 00
chick
0
8 Day old chick expense 1 3 00
chick
1 Veterinary drugs and

0 supplements expense 4 0 00
Veterinary drugs and

supplements inventory 4 0 00
To record the
63
consumed veterinary
drugs and supplements
1 Veterinary drugs & supplements

0 inventory 8 0 00

SEPTEMBER 28, 2018 TO NOVEMBER 02, 2018
GENERAL JOURNAL
FIRST CYCLE
PAGE- J3
Cash 8 0 00
veterinary supplements expense
Cash 3 0 00
expense
1
Oct 5 Day old chick expense 1 3 00
chick
1
7 Cash 2 0 0 0 00
capital Investment
1
7 Feeds expense 8 5 8 00
Feed inventory 8 5 8 00
To record all
consumed feeds
Feeds inventory 1 6 0 0 00
Cash 1 6 0 0 00
2 Production supplies inventory 7 0 00

64
2
00
Cash 7 0
production supplies
Cash 3 0 00
To record
transportation
expense
2
3 Transportation expense 3 0 00
Cash 3 0 00
expense
2
4 Cash 3 5 0 0 00
capital investment
Feeds expense 1 6 0 0 00
Feed inventory 1 6 0 0 00
To record all
consumed feeds
Cash 1 2 8 0 00
Cash 3 0 00
expense
3
1 Feeds expense 1 2 8 0 00
To record all
consumed feeds
3
1 Feeds inventory 1 9 2 0 00
Cash 1 9 2 0 00

65

GENERAL JOURNAL
FIRST CYCLE
PAGE- J4
Oct 31 Transportation expense 3 0 00
Cash 3 0 00
expense
Nov 06 Cash 2 3 0 0 00
capital investment
Cash 1 6 0 0 00
Nov 06 Transportation expense 3 0 00
Cash 3 0 00
expense
08 Cash 4 9 6 8 00
Sales 4 9 6 8 00
To record sales
Cash 3 0 00
expense
66
00
09 Cash 4 2 3 2
Sales 4 2 3 2 00
To record sales
10 Cash 4 4 1 6 00
Sales 4 4 1 6 00
To record sales
GENERAL JOURNAL
FIRST CYCLE
PAGE- J5
Nov 11 Cash 3 8 6 4 00
Sales 3 8 6 4 00
To record sales
11 Transportation expense 3 0 00
Cash 3 0 00
expense
12 Rent expense 5 0 0 00
Cash 5 0 0 00
To record rent expense
12 Labor fee 5 0 0 00
Cash 5 0 0 00
To record labor fee
Management fee 1 0 0 0 00
Cash 1 0 0 0 00
To record management
fee
12 Feeds expense 1 9 2 0 00
To record the
consumed
feeds
Veterinary drugs and 8 0 00

67
supplements expense
Veterinary drugs and
supplements inventory 8 0 00
To record the
consumed
veterinary
drugs and
supplements
Production supplies expense 1 4 7 50
Production supplies
inventory 1 4 7 50
To record production
supplies used
Production supplies expense 3 5 00
Production supplies
00
inventory 3 5
To record production
supplies used
Office supplies expense 2 2 5 00
Office supplies inventory 2 2 5 00
To record office supplies

used

General Ledger
First Cycle
Account Title: Cash Account No: 101
PARTICULA P PARTICULA
DATE R R Dr DATE R PR Cr
Oct 01 Capital J1 7 0 0 00
Oct 01 J1 2 9 5 00
06 Capital 2 5 0 0 00
J1 2 2 5 00
17 Capital 2 0 0 0 00
J1 1 5 0 00
24 Capital 3 5 0 0 00
06 J1 8 5 8 00
Nov 06 Capital 2 3 0 0 00
J1 4 0 00
08 Sales J4 5 6 3 6 00
J1 3 0 00
09 Sales J4 3 5 6 6 00
07 J2 1 3 0 0 00
10 Sales J4 4 2 4 6 00
J2 3 0 00
68
00 00
11 Sales J4 4 0 3 2 10 J2 8 0
2 8 4 8 0 00
J2 3 0 00
Balance 1 6 7 6 2 50
17 J3 1 6 0 0 00
22 J3 7 0 00
J3 3 0 00
23 J3 3 0 00
24 J3 1 2 8 0 00
J3 3 0 00
31 J3 1 9 2 0 00
J4 3 0 00
No
v 06 J4 1 6 0 0 00
J4 3 0 00
08 J4 3 0 00
11 J5 3 0 00
12 J5 5 0 0 00
J5 5 0 0 00
J5 1 0 0 0 00
1 1 7 1 8 00

General Ledger
First Cycle
Account Title: DOC inventory Account No: 102
Oct 07 Purchased J1 1 3 0 0 00
Oct 07 Mortality J1 1 3 00
0 Mortality 1 3 00
08 Mortality 1 3 00
09 Mortality 1 3 00
15 Mortality 1 3 00
No
v 11 Sold stocks 1 2 3 5 00
1 3 0 0 00
69

General Ledger
First Cycle
Account Title: Feeds inventory Account No: 103
Oct 06 Purchased 8 5 8 00
Oct 17 Consumed 8 5 8 00
17 Purchased 1 6 0 0 00
24 Consumed 1 6 0 0 00
24 Purchased 1 2 8 0 00
31 Consumed 1 2 8 0 00
No
31 Purchased 1 9 2 0 00
v 06 Consumed 1 9 2 0 00
No
Nov 06 Purchased 1 6 0 0 00
v 12 Consumed 1 6 0 0 00
7 2 5 8 00
7 2 5 8 00

General Ledger
First Cycle
Account Title: Veterinary drugs and supplements inventory
Account No: 104
Oct 06 Purchased J1 4 0 00
Oct 10 Consumed J1 4 0 00
No
10 Purchased J1 8 0 00
v 12 Consumed J1 8 0 00
1 2 0 00
1 2 0 00
0
70

General Ledger
First Cycle
Account Title: Production supplies inventory Account No: 105
No
Oct 01 Purchased J1 2 9 5 00
v 12 Used J1 1 4 7 50
No
v 12 Used J5 3 5 00
3 6 5 00
1 8 2 50
To be
forward for
second
cycle 1 8 2 50

General Ledger
First Cycle
Account Title: Office supplies inventory Account No: 106
No
v 12 Used J5 2 2 5 00

General Ledger
First Cycle
Account Title: Capin, Capital Account No: 301
71
Capital
00
Oct 01 invested J1 7 0 0
06 2 5 0 0 00
17 2 0 0 0 00
23 3 5 0 0 00
No
v 06 2 3 0 0 00
1 1 0 0 0 00

General Ledger
First Cycle
Account Title: Sales Account No: 401
No Sold
v 08 Chicken J4 4 9 6 8 00
Sold
09 Chicken J4 4 2 3 2 00
Sold
10 Chicken J5 4 4 1 6 00
Sold
11 Chicken J5 3 8 6 4 00
1 7 4 8 0 00

General Ledger
First Cycle
Account Title: Day Old Chicks expense Account No: 501
Oct 07 Mortality 1 3 00
08 Mortality 1 3 00
09 Mortality 1 3 00
15 Mortality 1 3 00
21 Mortality 1 3 00
Nov 08 Sold stocks 3 5 1 00

72
00
09 Sold stocks 2 9 9
10 Sold stocks 3 1 2 00
11 Sold stocks 2 7 3 00
1 3 0 0 00

General Ledger
First Cycle
Account Title: Feeds expense Account No: 502
Oct 06 Purchased 8 5 8 00
17 Purchased 1 6 0 0 00
24 Purchased 1 2 8 0 00
31 Purchased 1 9 2 0 00
Nov 06 Purchased 1 6 0 0 00
7 2 5 8 00

General Ledger
First Cycle
Account Title: Veterinary drugs and supplements expense
Account No: 503
1 2 0 00
73

General Ledger
First Cycle
Account Title: Transportation expense Account No: 504
Transportat
Oct 01 ion 3 0 00
Transportat
06 ion 3 0 00
Transportat
07 ion 1 5 0 00
Transportat
10 ion 3 0 00
Transportat
22 ion 3 0 00
Transportat
23 ion 3 0 00
Transportat
24 ion 3 0 00
Transportat
Oct 31 ion 3 0 00
Transportat
Nov 06 ion 3 0 00
Transportat
08 ion 3 0 00
Transportat
Nov 11 ion 3 0 00
4 5 0 00

General Ledger
First Cycle
Account Title: Production supplies expense Account No: 505
74
Nov 12 Purchased J1 1 4 7 50
Nov 12 Purchased J3 3 5 00
1 8 2 50

General Ledger
First Cycle
Account Title: Office supplies expense Account No: 506

General Ledger
First Cycle
Account Title: Rent expense Account No: 507
Rent
Nov 11 expense J5 5 0 0 00

General Ledger
First Cycle
Account Title: Labor fee Account No: 508
Nov 03 Caretaker J5 5 0 0 00
75

General Ledger
First Cycle
Account Title: Management fee Account No: 510
Manageme
Nov 11 nt J5 1 0 0 0 00

Trial Balance
First Cycle
ACCOUNT TITLE DEBIT CREDIT
Cash 16,762.00
Stocks inventory 0
Feeds inventory 0
Veterinary drugs & supplements inventory 0
Production supplies inventory 182.50
Office supplies inventory 0
Capin, Capital 11,000.00
Sales 17,480.00
Stocks expense 1,300.00
Feeds expense 7,258.00
Veterinary drugs & supplements expense 120.00
Transportation expense 450.00
Production supplies expense 182.50
Office supplies expense 225.00
Labor Fee 500.00
Rent Expense 500.00
Management Fee 1,000.00
Total 28,480.00 28,480.00
76
SECOND CYCLE
77
JMC’S Broiler enterprise

Daily log activities
January 26, 2019 to February 30, 2019
SECOND CYCLE
Jan. 15 - Forwarded None None None Manager
Capital
PhP11,000.00,
Forwarded
retained earnings
PhP5,944.50,
Forwarded
Production
supplies worth
PhP182.50 and
cash worth
PhP16,762.00
-Transportation
expense worth
Php170.00
Jan. 18 - Purchased of None None None Manager
office supply:
receipt for
PhP115.00
- Purchased of 2
pcs. Of Dox-c-trin
for PhP40.00
- Cleaning and
disinfecting the
cage
78
- Cleaning the
water troughs and
feeding troughs
-Transportation
expense worth
Php30.00
Jan. 26 Date Activities Problems Action taken Lesson
encountered learned
Jan. 27 - Cleaning, 1 chick died Buried Chick should Caretaker
Feeding Integra1; be taken and manager
giving water w/ good care
Dox-C-Trin

Jan. 28 - Cleaning of None None None Caretaker
Feeding Integra1;
giving water w/
Dox-C-Trin
Jan. 29 - Cleaning of 1 chick died Buried Chick should Caretaker
surroundings; be taken and manager
Feeding Integra1; good care
giving water w/
Dox-C-Trin
- Purchased 2 pcs.
Of Dox-C-Trin
worth PhP40.00
-Transportation
expense worth
Php30.00
Jan. 30 - Cleaning of 1 chick died Buried Chick should Caretaker
giving water w/
Dox-C-Trin
Feb. 01 - Cleaning of None None None Caretaker
surroundings;
Feeding Integra1;
giving water w/
Dox-C-Trin
surroundings;
Feeding Integra1;
79
giving water w/
Dox-C-Trin
- Changing of
bedding
Feb.03 - Cleaning of 1 chick died Buried Chick should Caretaker
FIRST surroundings; be taken
WEEK Feeding Integra1; good care
giving water w/
Dox-C-Trin
- Growth
monitored 20% of
population
Feb. 04 - Cleaning, None None None Caretaker
Feeding Integra1;
giving water w/
Feb. 05 Dox-C-Trin None None None Caretaker
- Cleaning of and manager
surroundings;
Feeding Integra1;
giving water w/
Dox-C-Trin
- Purchased 2 pcs.
Of Dox-C-Trin
worth PhP40.00
-Transportation
expense worth
Php30.00
Feeding Integra1;
giving water w/
Dox-C-Trin
- Purchased 50 kg
Of Integra2 worth
PhP1,600.00
-Transportation
expense worth
Php30.00
Feb. 07 - Cleaning of 1 chick died Buried Chick should Caretaker
giving water w/
Dox-C-Trin
80

Feeding Integra2;
giving water w/
Dox-C-Trin
Feeding Integra2;
giving water w/
Dox-C-Trin
Feb. 10 Date Activities Problems Action taken Lesson
2ND encountered learned
WEEK
surroundings;
Feeding Integra2;

surroundings;
Feeding Integra2;
giving water
Feeding Integra2;
giving water
- Purchased 50 kg
Of Integra2 worth
PhP1,600.00
-Transportation
expense worth
Php30.00
Feeding Integra2;
giving water
surroundings;
Feeding Integra2;
giving water
surroundings;
Feeding Integra2;
giving water
THIRD surroundings;
81

giving water
Growth monitored
20% of population
surroundings;
Feeding Integra2;
giving water
Feeding Integra2;
giving water

Feeding Integra3;
- Purchased 50 kg
of Integra3 worth
PhP1,600.00
-Transportation
expense worth
Php30.00
Feeding Integra3;
giving water
Removed the rice
hulls
surroundings;
Feeding Integra3;
giving water
surroundings;
Feeding Integra3;
giving water
4TH surroundings;
giving water
- Growth
82
monitored 20% of
population
surroundings;
Feeding Integra3;
giving water
- Purchased 50 kg
of Integra3 worth
PhP1,600.00
-Transportation
expense worth
Php30.00
surroundings;

Feeding Integra3;
Feb. 27 giving water None None None Caretaker
- Cleaning of and manager
surroundings;
Feeding Integra3;
giving water
Feeding Integra3 ;
giving water
Mar. 01 - Cleaning of None None None Caretaker
surroundings;
- Purchased 20 kg
of Integra3 worth
PhP640.00
Feeding Integra3;
giving water
-Transportation
expense worth
Php30.00
Mar. 02 - Cleaning of None None None Caretaker
surroundings;
Feeding Integra3;
giving water
Mar. 03 - Marketing of live None None None Caretaker
FIFTH weight broiler and manager
WEEK chicken through
the proponent’s
83
neighbors and
Dahilayan Pension
House and Eatery
- Received sales
PhP22,080.00
-Transportation
expense worth
Php30.00
Mar. 04 - Paying rent None None None Caretaker
expense, labor and manager
expense and
management fee

Mar. 05 - Cleaning the None None None Manager
broiler shed,
burning the waste
- Washing the
water and feeding
troughs
84
OR No: 01
:
OR No: 02
:
85
OR No: 03
:
OR No: 04
:
OR No: 05
:
86
OR No: 06
:
OR No: 07
:
OR No: 08
:
87
OR No: 09
:
OR No: 10
:
OR No: 11
:
88
OR No: 12
:
OR No: 13
:
OR No: 14
:
89
OR No: 15
:
OR No: 16
:
OR No: 17
:
90
OR No: 18
:
OR No: 19
:
OR No: 20
:
91
OR No: 21
:
OR No: 22
:
OR No: 23
:
92
OR No: 24
:
OR No: 25
:
OR No: 26
:
93

List of Financial Transaction
January 26, 2019 to March 05, 2019
SECOND CYCLE
(PhP)
Jan. 15, 2019 - Forwarded cash on hand worth 11,000.00 OR No. 01
PhP11,000.00
Jan. 18,2019 - Purchased of office supply; Receipts for 115.00 Receipt No. 02
PhP115.00
- Purchased 2 pcs. Of Dox-C-Trin for 40.00 Receipt No. 03
PhP40.00
- Transportation Expense PhP170.00 170.00 Receipt No. 04
Jan. 26,2019 - Purchased 25 kg of Integra1 worth 825.00 Receipt No. 05
PhP825.00
- Procured 100 chicks worth 1,560.00 Receipt No. 06
PhP1,560.00
Jan. 29,2019 - Purchased 2 pcs. Of Dox-C-Trin worth 40.00 Receipt No. 08
PhP40.00
Feb. 05,2019 - Purchased 2 pcs. Of Dox-C-Trin worth 40.00 Receipt No. 10
PhP40.00
Feb. 06,2019 - Purchased 50 kg of Integra2 worth 1,600.00 Receipt No. 12
94
PhP1,600.00
Feb. 13, 2019 - Purchased 50 kg of Integra2 worth 1,600.00 Receipt No. 14
PhP1,600.00
PhP1,600.00
PhP1,600.00
Mar. 01, 2019 - Purchased 20 kg of Integra3 worth 640.00 Receipt No. 20
PhP640.00

(PhP)
Mar. 03, 2019 - Sold 115 heads of broiler with a total 22,080.00 Receipt No. 22
weight of 184kg and 120 per kilo worth
PhP22,080.00
Mar. 04, 2019 - Paid rent expense worth PhP500.00 500.00 Receipt No. 24
- Paid Labor fee worth PhP500.00 500.00 Receipt No. 25
- Paid management fee worth 1,000.00 Receipt No. 26
PhP1,000.00
95

Chart of Account
Second Cycle
Account Account title Normal Balance Account Description
no.
101 Cash Debit This account refers to all available cash for
purchase and payment of every transaction
102 Day Old Chicks Inventory Debit This account refers to Day old chicks
purchased, mortality and sold stocks.
103 Feeds Inventory Debit This account refers to Feeds that are
purchased and feeds consumed.
104 Veterinary Drugs & Debit This account refers to the veterinary drugs and
Supplements Inventory supplements that are purchased and
consumed.
105 Production supplies Debit This account refers to production supplies that
Inventory are purchased and production supplies that are
used.
106 Office Supplies Inventory Debit This account refers to office supplies that are
purchased and used.
301 Capin Capital Credit This account refers to the capital invested by
the owner for the period of October to
November.
302 Retained Earning Credit This account refers to the retained earnings
401 Sales Credit This account refers to the sold chicken to the
buyers and consumers.
501 Day Old Chicks Expense Debit This account refers to the day old chick
mortalities and sold stocks.
502 Feeds Expense Debit This account refers to the total feeds
consumed in the project for the period of
October and November.
503 Veterinary Drugs and Debit This account refers to the veterinary drugs and
supplements Expense supplements that are utilized.
96
504 Transportation Expense Debit This account refers to the transportation

expense used by the owner and caretaker to
buy feeds, veterinary drugs and supplies
needed in the project.
505 Production Supplies Debit This account refers to the production supplies
Expense used.
506 Office Supplies Expense Debit This account refers to office supplies expense.
507 Rent Expense Debit This account refers to the amount paid for
renting broiler house.
508 Labor Fee Debit This account refers to amount paid by the
owner to the caretaker.
510 Management Fee Debit This account refers to management fee.

JANUARY 26, 2019 TO MARCH 05, 2019
GENERAL JOURNAL
SECOND CYCLE
PAGE- J1
Jan. 15 Cash 1 6 7 6 2 00
Production supplies Inventory 1 8 2 50
Capin, Capital 1 1 0 0 0 00
Retained Earnings 5 9 4 4 50
To record forwarded
cash on hand
Transportation Expense 1 7 0 00
Cash 1 7 0 00
expense
18 Office supply inventory 1 1 5 00
Cash 1 1 5 00
office supply
Veterinary Drugs and

supplements Inventory 4 0 00
Cash 4 0 00
97
veterinary drugs and

supplements
26 Feeds inventory 8 2 5 00
Cash 8 2 5 00
feeds
Day old chicks inventory 1 5 6 0 00
Cash 1 5 6 0 00
To record purchase of Day

old chicks
Cash 3 0 00
expense
GENERAL JOURNAL
SECOND CYCLE
PAGE- J2
P
DATE PARTICULARS R Dr Cr
2
Jan 7 Day old chicks expense 1 3 00
Day old chicks inventory 1 3 00
chick
2 Veterinary Drugs and

9 supplements Inventory 4 0 00
Cash 4 0 00
veterinary drugs and
supplements expense
Cash 3 0 00
expense
Day old chicks expense 1 3 00
98
chick
3
0 Day old chicks expense 1 3 00
chick
0
Feb 3 Day old chicks expense 1 3 00
chick
0 Veterinary drugs & supplements

Feb 5 inventory 4 0 00
Cash 4 0 00
veterinary supplements
expense
Cash 3 0 00
expense
GENERAL JOURNAL
SECOND CYCLE
PAGE- J3
0
Cash 1 6 0 0 00
feeds
Cash 3 0 00
expense
0
7 Day old chicks expense 1 3 00
99
chick
1
Cash 1 6 0 0 00
feeds
Cash 3 0 00
expense

GENERAL JOURNAL
SECOND CYCLE
PAGE- J4
Feb 20 Feeds inventory 1 6 0 0 00
Cash 1 6 0 0 00
Cash 3 0 00
expense
Cash 1 6 0 0 00
Cash 3 0 00
expense
100
00
Mar 01 Feeds inventory 6 4 0
00
Cash 6 4 0
Cash 3 0 00
expense
03 Cash 2 2 0 8 0 00
Sales revenue 2 2 0 8 0 00
To record sales of live

weight chicken

GENERAL JOURNAL
SECOND CYCLE
PAGE- J5
Mar 04 Rent expense 5 0 0 00
Cash 5 0 0 00
To record rent expense
Labor fee 5 0 0 00
Cash 5 0 0 00
To record labor fee
Management fee 1 0 0 0 00
Cash 1 0 0 0 00
To record management
fee
04 Day old chicks expense 1 4 9 5 00
Day old chicks Inventory 1 4 9 5 00

101

General Ledger
Second Cycle
Account Title: Cash Account No: 101
PARTICULA P PARTICULA P
DATE R R Dr DATE R R Cr
Forwarded Office
Jan 15 cash Bal. J1 1 6 7 6 2 00
Jan 18 Supply J1 1 1 5 00
Mar 03 Sales J5 2 0 0 8 0 00
Vet drugs J1 4 0 00
3 6 8 4 2 00
Transpo J1 1 7 0 00
Balance 2 4 7 4 2 00
26 Feeds J1 8 2 5 00
DOC J1 1 5 6 0 00
Transpo J1 3 0 00
29 Vet drugs J2 4 0 00
Transpo J3 3 0 00
Fe
b 05 Vet drugs J3 4 0 00
Transpo J3 3 0 00
06 Feeds J3 1 6 0 0 00
Transpo J3 3 0 00
13 Feeds J3 1 6 0 0 00
102
00
Transpo J3 3 0
20 Feeds J4 1 6 0 0 00
Transpo J4 3 0 00
25 Feeds J4 1 6 0 0 00
Transpo J4 3 0 00
Ma
r 01 Feeds J4 6 4 0 00
Transpo J4 3 0 00
04 Rent J5 5 0 0 00
Labor J5 5 0 0 00
Managemen
t J5 1 0 0 0 00
1 2 0 7 0 00

General Ledger
Second Cycle
Account Title: DOC inventory Account No: 102
Jan 26 Purchased J1 1 5 6 0 00
Jan 27 Mortality J2 1 3 00
0 29 Mortality J2 1 3 00
30 Mortality J2 1 3 00
Fe
b 03 Mortality J2 1 3 00
07 Mortality J3 1 3 00
Ma
r 04 Sold stocks J5 1 4 9 5 00
1 5 6 0 00

General Ledger
Second Cycle
Account Title: Feeds inventory Account No: 103
103
Fe
00 00
Jan 26 Purchased 8 2 5 b 06 Consumed 8 2 5
Feb 06 Purchased 1 6 0 0 00
13 Consumed 1 6 0 0 00
13 Purchased 1 6 0 0 00
20 Consumed 1 6 0 0 00
20 Purchased 1 6 0 0 00
25 Consumed 1 6 0 0 00
25 Purchased 1 6 0 0 00
01 Consumed 1 6 0 0 00
Mar 01 Purchased 6 4 0 00
03 Consumed 6 4 0 00
7 8 6 5 00
7 8 6 5 00

General Ledger
Second Cycle
Account Title: Veterinary drugs and supplements inventory
Account No: 104
Jan 18 Purchased J1 4 0 00
Jan 29 Consumed J1 4 0 00
Fe
b 05 Consumed J1 4 0 00
Feb 05 Purchased 4 0 00
20 Consumed 4 0 00
1 2 0 00
1 2 0 00

General Ledger
Second Cycle
Account Title: Production supplies inventory Account No: 105
Jan 15 Forwarded 1 8 2 50
Jan 15 Used 1 8 2 50
0
104

General Ledger
Second Cycle
Account Title: Office supplies inventory Account No: 106
Se
Jan 18 Purchased J1 1 1 5 00
p 20 Used J1 1 1 5 00

General Ledger
Second Cycle
Account Title: Capin Capital Account No: 301
Forwarded
Jan 15 capital J1 1 1 0 0 0 00

General Ledger
Second Cycle
Account Title: Retained Earnings Account No: 302
Retained
earnings
Jan 15 Beg. J1 5 9 4 4 50
Retained
earnings
ending 9 8 2 7 50
1 5 7 7 2 00
105

General Ledger
Second Cycle
Account Title: Sales Account No: 401
Sold live
Ma weight
r 03 chicken J5 2 2 0 8 0 00

General Ledger
Second Cycle
Account Title: Day Old Chicks expense Account No: 501
Jan 27 Mortality 1 3 00
29 Mortality 1 3 00
30 Mortality 1 3 00
03 Mortality 1 3 00
07 Mortality 1 3 00
Mar 03 Sold stocks 1 4 9 5 00
1 5 6 0 00

General Ledger
Second Cycle
Account Title: Feeds expense Account No: 502
Feb 06 Consumed 8 2 5 00
13 Consumed 1 6 0 0 00
106
00
20 Consumed 1 6 0 0
25 Consumed 1 6 0 0 00
Mar 01 Consumed 1 6 0 0 00
03 Consumed 6 4 0 00
7 8 6 5 00

General Ledger
Second Cycle
Account Title: Veterinary drugs and supplements expense
Account No: 503
Jan 29 Utilized J1 4 0 00
Feb 05 Utilized J1 4 0 00
20 Utilized 4 0 00
1 2 0 00

General Ledger
Second Cycle
Account Title: Transportation expense Account No: 504
Transportati
Jan 18 on 1 7 0 00
Transportati
26 on 3 0 00
Transportati
29 on 3 0 00
Transportati
Feb 05 on 3 0 00
Transportati
06 on 3 0 00
13 Transportati 3 0 00
107
on
Transportati
20 on 3 0 00
Transportati
25 on 3 0 00
Transportati
Mar 01 on 3 0 00
4 1 0 00

General Ledger
Second Cycle
Account Title: Production supplies expense Account No: 505
Jan 15 Used 1 8 2 50

General Ledger
Second Cycle
Account Title: Office supplies expense Account No: 506
Jan 18 Used J1 1 1 5 00

General Ledger
Second Cycle
Account Title: Rent expense Account No: 507
Mar 04 Rent J5 5 0 0 00
108
expense

General Ledger
Second Cycle
Account Title: Labor fee Account No: 508
Mar 04 Caretaker J5 5 0 0 00

General Ledger
Second Cycle
Account Title: Management fee Account No: 510
Manageme
Mar 04 nt J5 1 0 0 0 00

Trial Balance
Second Cycle
ACCOUNT TITLE DEBIT CREDIT
Cash 24,772.00
Stocks inventory 0
Feeds inventory 0
109
Veterinary drugs & supplements inventory 0

Production supplies inventory 0
Office supplies inventory 0
Capin’s, Capital 11,000.00
Retained Earnings 5,944.50
Sales 20,080.00
Stocks expense 1,560.00
Feeds expense 7,865.00
Veterinary drugs & supplements expense 120.00
Transportation expense 410.00
Production supplies expense 182.50
Office supplies expense 115.00
Rent Expense 500.00
Labor fee 500.00
Management fee 1,000.00
Total 37,024.50 37,024.50

Rev 4 - EDP On Broiler Prdouction-Capin 05-23-20

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Rev 4 - EDP On Broiler Prdouction-Capin 05-23-20

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1

Name of the Business : JMC's BROILER ENTERPRISE

Background of the study

Significance of the enterprise development project.

The entrepreneur was engaged in broiler production marketing

The general objective of the enterprise development project was to

The project aimed to:

1. To carry out all the responsibilities and functions of an entrepreneur

Conceptualization of the project

The proponent implemented the project and was named as “JMC’s”

The product of the project was broiler. The broiler is a chicken

Figure 1. Broiler chicken of the project enterprise

The actual buyers of the project were the individual consumer at

Price and Pricing

Schedule 1. Comparative consolidated sales for the entire operation

The project enterprise was located at Purok-3, San Miguel, Manolo

Figure 2. Map of the project location of JMC’s broiler enterprise

Manolo Fortich National Road Cagayan De Oro City

Figure 3. Sketch of the project location of JMC’s broiler enterprise

Legend: Barangay San Miguel Del Monte Club House

Rented Broiler House

The broiler house was very important factor in production. It was

Figure 4. Rented broiler house of JMC’s broiler enterprise

The project implemented various activities. The project consisted of

Cleaning and Disinfecting of Broiler House

Procurement of Feeds, supplies and Veterinary drugs

Harvesting and Marketing Growth Monitoring

Figure 5. Technical production process of the project in every cycle

The broiler house thoroughly cleaned and disinfected a week before

Procurement of Day Old Chicks

Schedule 2. Comparative cost of Day Old Chick of the project.

Broilers was provided proper and recommended nutrition for optimum

of poultry farming he recommended the proponent that B-Meg Integra feeds

Schedule 3. Comparative cost of feeds in the first cycle

Schedule 4. Comparative cost of feeds in the second cycle

Procurement of Production Supplies

The production supplies in the first cycle of the project consisted

Schedule 5. Comparative cost of supplies (First cycle)

Schedule 6. Comparative cost of supplies (Second cycle)

Procurement of veterinary drugs and supplements

Schedule 7. Comparative cost of veterinary drugs and supplements in both

The study used artificial brooding by means of using five (5)

Feeding and Water Management

Marketing of Product Disposal

Utilities and Transportation

Schedule 8. Comparative utilities expense of the project

Schedule 9. Comparative labour cost of the project in both cycles

Form of Business Organization

The proponent was adopted simple form of business organization (sole

The JMC’s broiler enterprise has two (2) organizational functional

John Michael B. Capin

Figure 5. Organizational structure of the project

The proponent used the Gantt Chart or schedule of Activities to

Table 2. Schedule of activities of the entire operation of the project

Procurement of Day Old Chicks

Procurement of Veterinary Drugs,

Cleaning and Disinfecting

The budgeted capital requirement needed for this business was

Schedule 10. Comparative budgeted capital requirement of the project

Comparative Financial Statements

Comparative Statement of Financial Performance

Comparative Cash Flow Statement

During the first cycle of actual implementation, the enterprise had