PARTICULARS NOTES

PRE-OPERATING EXPENSE
FEASIBILITY EXPENSE
FACTORY OPENING AND BLESSING
PERMITS AND LICENSES
TRAINING COST
TOTAL PRE-OPERATING EXPENSE
ASSETS
RENT EXPENSE
LEASEHOLD WAREHOUSE IMPROVEMENT
PIPE AND VALVE SYSTEMS
MACHINES
PRODUCTION EQUIPMENT
DELIVERY EQUIPMENT
OFFICE FURNITURE AND FIXTURES
SAFETY EQUIPMENT AND SIGNAGES
TOTAL ASSETS
ESTIMATED WORKING CAPITAL
ADVERTISING COST
OFFICE SUPPLIES
SHIPPING COST OF MACHINERIES
SHIPPING COST OF RAW MATERIALS (3 MONTH
ALLOCATION)
SANITARY MATERIALS
UNIFORM AND ID EXPENSE
SALARIES EXPENSE (3 MONTH ALLOCATION)
SSS CONTRIBUTION (3 MONTH ALLOCATION)
PHIL-HEALTH CONTRIBUTION (3 MONTH
ALLOCATION)
PAG-IBIG CONTRIBUTION (3 MONTH
ALLOCATION)
HOLIDAY PAY 2022
UTILITIES EXPENSE (3 MONTH ALLOCATION)
INDIRECT MATERIALS
WASTE MANAGEMENT COST
DIRECT MATERIAL PURCHASES (3 MONTH
ALLOCATION)
REPAIRS AND MAINTENANCE
TRANSPORTATION EXPENSE
TOTAL ESTIMATED WORKING CAPITAL
GRAND TOTAL
 AMOUNT
ENSE

₱14,400.00

₱30,000.00
₱44,400.00

₱495,000.00
₱2,227,225.00
₱203,177.26
₱1,305,123.50
₱1,383,588.00
₱850,000.00
₱499,356.00
₱12,302.12
₱6,975,771.88
APITAL
₱377,322.00
₱6,629.00
₱123,765.87
₱386,253.44
₱28,999.75
₱11,000.00
₱952,767.90

₱89,251.95
₱12,760.00

₱3,017,588.13

₱62,434.56
₱5,068,772.60
₱12,088,944.48
 NOTE 1
PROJECT FEASIBILITY COST
PARTICULARS AMOUNT
HARDBOUND AND PRINT ₱ 1,000.00
PROFESSIONAL FEE ₱ 30,000.00
MISCELLANEOUS ₱ 1,000.00
TOTAL ₱ 32,000.00

NOTE 2
PARTNER'S CAPITAL
NAME OF PARTNER AMOUNT
MATUNOG ₱ 2,000,000.00
MERCADO ₱ 2,000,000.00
RODRIGO ₱ 2,000,000.00
CAMILOTES ₱ 2,000,000.00
EMBALZADO ₱ 2,000,000.00
BERNAL ₱ 5,000,000.00
TOTAL ₱ 15,000,000.00

NOTE 4
RENT AND SECURITY DEPOSIT
PARTICULARS AMOUNT
WAREHOUSE ₱ 495,000.00
TOTAL ₱ 495,000.00

NOTE 6
OFFICE SUPPLIES
PARTICULARS AMOUNT
Short Bond Paper ₱ 1,704.00
Long Bond Paper ₱ 1,440.00
Record Book 500 Pages ₱ 360.00
Ballpen ₱ 552.00
Scissors ₱ 90.00
Stapler ₱ 960.00
Stapler Wires ₱ 288.00
Pencil ₱ 60.00
Paper Clips ₱ 16.00
 Ink Refill Set ₱ 1,185.00
Adhesive Tape ₱ 24.00
Masking Tape ₱ 34.00
Puncher ₱ 256.00
Highlighter ₱ 240.00
Long Folder ₱ 100.00
Short Folder ₱ 60.00
Ruler ₱ 50.00
Paper Fastener ₱ 80.00
Sharpener ₱ 10.00
TOTAL ₱ 7,509.00

NOTE 8
SANITARY EQUIPMENT
PARTICULARS AMOUNT
Handwash Basin ₱ 10,850.00
Toilet Bowl ₱ 20,995.00
Urinal ₱ 11,400.00
Sink ₱ 20,930.00
Faucet ₱ 6,664.00
TOTAL ₱ 70,839.00

NOTE 10
MACHINERIES
PARTICULARS AMOUNT
Pulverizing Grinder Mill
₱ 340,293.00
Machine
Boiling Tank ₱ 342,832.50
 Cleaning Filter Housing
₱ 198,081.00
Machine
Storage Cooling Tank ₱ 18,360.00
Chemical Storage Tank ₱ 17,776.50
Mixer Paint Machine ₱ 203,160.00
Paint Filling Machine ₱ 101,580.00
Ink Jet Code Printer ₱ 99,040.50
TOTAL ₱ 1,321,123.50

NOTE 12
DELIVERY TRUCK
PARTICULARS AMOUNT
Mitsubishi Canter Close Van ₱ 850,000.00
TOTAL ₱ 850,000.00

NOTE 14
INDIRECT MATERIALS
PARTICULARS AMOUNT
Washable Hairnet ₱ 680.00
Industrial Boots ₱ 2,196.00
Chemical Resistant Apron ₱ 1,680.00
Chemical Resistant Gloves ₱ 3,120.00
Chemical Respirator Vapor Gas
₱ 1,950.00
Mask
Earmuffs ₱ 2,484.00
Empty Sack 50kg
TOTAL ₱ 12,110.00

NOTE 16
UNIFORM AND ID EXPENSE
PARTICULARS AMOUNT
Uniform ₱ 9,000.00
Identification Card ₱ 2,000.00
TOTAL ₱ 11,000.00

NOTE 19
REPAIRS AND MAINTENANCE
PARTICULARS AMOUNT
Pulverizing Grinder Mill
₱ 32,089.63
Machine
Boiling Tank ₱ 14,933.78
Cleaning Filter Housing
₱ 11,156.52
Machine
Storage Cooling Tank ₱ 1,421.29
Chemical Storage Tank ₱ 1,621.75
Mixer Paint Machine ₱ 25,147.14
Paint Filling Machine ₱ 9,473.05
Ink Jet Code Printer ₱ 7,168.55
Conveyor Belt ₱ 9,220.21
Coating Adhesion Tester ₱ 3,531.02
Pallet Truck ₱ 327.29
Forklift ₱ 43,422.83
Industrial Rack ₱ 259.49
Pallet Rack Large ₱ 1,263.58
Industrial Weighing Scale ₱ 170.28
Computer ₱ 10,179.51
CCTV ₱ 379.54
Printer ₱ 283.62
Aircon ₱ 6,283.17
Biometric Scanner ₱ 246.03
Delivery Truck ₱ 68,782.85
TOTAL ₱ 247,361.13

NOTE 21
ADVERTISING EXPENSE
PARTICULARS AMOUNT
YOUTUBE ₱ 91,800.00
FACEBOOK ₱ 9,180.00
INSTAGRAM ₱ 4,590.00
E-BILLBOARD ₱ 105,000.00
RADIO COMMERCIAL ₱ 90,000.00
NEWSPAPER AD ₱ 76,752.00
TOTAL ₱ 377,322.00

NOTE 23
WASTE MANAGEMENT EXPENSE
PARTICULARS AMOUNT
WASTE MANAGEMENT
₱ 3,088.00
SERVICE
TOTAL ₱ 3,088.00

NOTE 25
OTHER INCOME
PARTICULARS AMOUNT
CANTEEN ANNUAL RENT ₱ 72,000.00
TOTAL ₱ 72,000.00
 NOTE 3
LEASEHOLD WAREHOUSE IMPROVEMENT
PARTICULARS AMOUNT
PRELIMINARIES ₱ 165,000.00
ARCHITECTURAL WORKS ₱ 715,000.00
STRUCTURAL WORKS ₱ 44,000.00
ELECTRICAL WORKS ₱ 206,250.00
PLUMBING WORKS ₱ 198,000.00
MECHANICAL WORKS ₱ 165,000.00
AUXILARY WORKS ₱ 220,000.00
CONTINGENCIES ₱ 171,325.00
OVERHEAD AND PROFIT ₱ 342,650.00
TOTAL ₱ 2,227,225.00

NOTE 5
OFFICE FURNITURE AND FIXTURES
PARTICULARS AMOUNT
Office Table ₱ 35,760.00
Plastic Table ₱ 11,000.00
Wooden Table ₱ 3,196.00
Office Chair ₱ 31,470.00
Chair ₱ 15,200.00
Projector ₱ 6,399.00
Projector Screen ₱ 4,300.00
Wall Clock ₱ 1,470.00
Water Dispenser ₱ 5,060.00
Exhaust Fan ₱ 1,077.00
Computers ₱ 239,800.00
CCTV ₱ 15,827.40
Biometric Scanner ₱ 2,950.00
Calculatr ₱ 6,400.00
Locker ₱ 15,800.00
Printer ₱ 11,847.00
Fluorescent Lamp ₱ 2,500.00
Filing Cabinet ₱ 22,400.00
Emergency Light ₱ 5,350.00
Standing Inverter Aircon ₱ 70,500.00
Industrial Wall Fan ₱ 9,200.00
TOTAL ₱ 517,506.40
 NOTE 7
SAFETY EQUIPMENT AND SIGNAGES
PARTICULARS AMOUNT
Comfort Room Signages ₱ 499.00
Emergency and Safety Signages ₱ 2,577.12
1st Aid Kit ₱ 1,480.00
Fire Extinguisher ₱ 2,500.00
Fire Alarm ₱ 2,039.00
Smoke Detector ₱ 3,207.00
TOTAL ₱ 12,302.12

NOTE 9
SANITARY MATERIALS
PARTICULARS AMOUNT
Dustpan and Broom ₱ 1,325.00
Trash Bin ₱ 8,992.00
Trash Bag ₱ 500.00
Mop ₱ 3,800.00
Hand Soap ₱ 3,100.00
Alcohol ₱ 4,980.00
Detergent Powder ₱ 2,550.00
Disinfectant Foot Mat ₱ 258.00
Muriatic Acid ₱ 1,894.75
Albatross ₱ 1,600.00
TOTAL ₱ 28,999.75

NOTE 11
PRODUCTION EQUIPMENT
PARTICULARS AMOUNT
Conveyor Belt ₱ 60,948.00
Coating Adhesion Tester ₱ 101,580.00
 Pallet Truck ₱ 13,700.00
Forklift ₱ 1,129,920.00
Industrial Rack ₱ 15,464.00
Pallet Rack Large ₱ 53,976.00
Industrial Weighing Scale ₱ 4,500.00
Packaging Tape ₱ 3,500.00
TOTAL ₱ 1,383,588.00

NOTE 13
DIRECT MATERIALS (3-MONTH ALLOCATION)
PARTICULARS AMOUNT
Mahogany Bark ₱ 133,220.00
Polyurethane ₱ 1,627,974.47
Water ₱ 53,185.19
Metal Tin Can ₱ 1,161,575.97
Carton Box ₱ 41,632.50
TOTAL ₱ 3,017,588.13

NOTE 15
UTILITIES EXPENSE
PARTICULARS AMOUNT
Electricity ₱ 277,954.77
Water ₱ 46,665.00
Internet ₱ 32,388.00
TOTAL ₱ 357,007.77

NOTE 17
GRAND OPENING EXPENSES
PARTICULARS AMOUNT
Opening Tarpaulin ₱ 700.00
Foods and Drinks ₱ 7,000.00
Priest ₱ 1,000.00
Offerings ₱ 500.00
Decorations ₱ 1,000.00
Ribbons and Scissors ₱ 200.00
Guest Speaker ₱ 1,000.00
Motorcade (20 riders) ₱ 3,000.00
 TOTAL ₱ 14,400.00

NOTE 20
PERMITS AND LICENSES
PARTICULARS AMOUNT
BUSINESS PERMIT ₱ 500.00
BARANGAY CLEARANCE ₱ 200.00

BUREAU OF INTERNAL REVENUE ₱ 1,360.00

SANITARY PERMIT ₱ 300.00

SEC ₱ 5,100.00
DTI ₱ 530.00
SSS ₱ 165.00
PAG-IBIG ₱ 1,500.00
PHIL HEALTH ₱ 350.00
LTO REGISTRATION ₱ 1,000.00
MECHANICAL PERMIT ₱ 6,000.00
ELECTRICAL PERMIT ₱ 2,380.00
FIRE SAFETY INSPECTION ₱ 649.00
TOTAL ₱ 20,034.00

NOTE 22
TRAINING COST
PARTICULARS AMOUNT
BASIC OCCUPATIONAL SAFETY
₱ 30,000.00
AND HEALTH
TOTAL ₱ 30,000.00
 NOTE 24
TRANSPORTATION EXPENSE
PARTICULARS AMOUNT
TRAVEL GASOLINE COST ₱ 53,074.56
TRANSPORTATION ALLOWANCE ₱ 9,360.00
TOTAL ₱ 62,434.56
 NOTE 23
POSITION 2021 2022
General Manager ₱ 30,586.20 ₱ 31,717.89
Chief Financial Officer ₱ 27,112.80 ₱ 28,115.97
Operations Manager ₱ 26,237.40 ₱ 27,208.18
Production supervisor ₱ 20,570.10 ₱ 21,331.19
Human Resource staff ₱ 21,073.50 ₱ 21,853.22
Accountant ₱ 20,622.90 ₱ 21,385.95
Quality assurance officer ₱ 17,523.60 ₱ 18,171.97
Chemical Engineer ₱ 27,314.10 ₱ 28,324.72
Inventory clerk ₱ 17,617.80 ₱ 18,269.66
Maintenance Head ₱ 19,437.90 ₱ 20,157.10
Sales and Marketing Officer ₱ 19,632.90 ₱ 20,359.32
Safety officer ₱ 18,129.90 ₱ 18,800.71
Promodizer ₱ 15,370.20 ₱ 15,938.90
Utility worker 1 ₱ 12,120.00 ₱ 12,568.44
Utility worker 2 ₱ 12,120.00 ₱ 12,568.44
Security Guard 1 ₱ 12,120.00 ₱ 12,568.44
Security Guard 2 ₱ 12,120.00 ₱ 12,568.44
Driver 1 ₱ 12,120.00 ₱ 12,568.44
Driver 2 ₱ 12,120.00 ₱ 12,568.44
Production Worker 1 ₱ 12,120.00 ₱ 12,568.44
Production Worker 2 ₱ 12,120.00 ₱ 12,568.44
Production Worker 3 ₱ 12,120.00 ₱ 12,568.44
Production Worker 4 ₱ 12,120.00 ₱ 12,568.44

NOTE 18
POSITION 2022 2023
General Manager ₱ 95,153.67 ₱ 393,174.96
Chief Financial Officer ₱ 84,347.92 ₱ 348,525.61
Operations Manager ₱ 81,624.55 ₱ 337,272.65
Production supervisor ₱ 63,993.58 ₱ 264,421.48
Human Resource staff ₱ 65,559.66 ₱ 270,892.51
Accountant ₱ 64,157.84 ₱ 265,100.20
Quality assurance officer ₱ 54,515.92 ₱ 225,259.78
Chemical Engineer ₱ 84,974.17 ₱ 351,113.25
Inventory clerk ₱ 54,808.98 ₱ 226,470.69
Maintenance Head ₱ 60,471.31 ₱ 249,867.44
Sales and Marketing Officer ₱ 61,077.95 ₱ 252,374.10
Safety officer ₱ 56,402.12 ₱ 233,053.56
Promodizer ₱ 47,816.69 ₱ 197,578.57
Utility worker 1 ₱ 37,705.32 ₱ 155,798.38
Utility worker 2 ₱ 37,705.32 ₱ 155,798.38
Security Guard 1 ₱ 37,705.32 ₱ 155,798.38
Security Guard 2 ₱ 37,705.32 ₱ 155,798.38
Driver 1 ₱ 37,705.32 ₱ 155,798.38
Driver 2 ₱ 37,705.32 ₱ 155,798.38
Production Worker 1 ₱ 37,705.32 ₱ 155,798.38
Production Worker 2 ₱ 37,705.32 ₱ 155,798.38
Production Worker 3 ₱ 37,705.32 ₱ 155,798.38
Production Worker 4 ₱ 37,705.32 ₱ 155,798.38
TOTAL ₱ 1,251,957.55 ₱ 5,173,088.61
 NOTE 23
2023 2024 2025 2026
₱ 32,764.58 ₱ 33,911.34 ₱ 35,199.97 ₱ 36,467.17
₱ 29,043.80 ₱ 30,060.33 ₱ 31,202.63 ₱ 32,325.92
₱ 28,106.05 ₱ 29,089.77 ₱ 30,195.18 ₱ 31,282.20
₱ 22,035.12 ₱ 22,806.35 ₱ 23,672.99 ₱ 24,525.22
₱ 22,574.38 ₱ 23,364.48 ₱ 24,252.33 ₱ 25,125.41
₱ 22,091.68 ₱ 22,864.89 ₱ 23,733.76 ₱ 24,588.17
₱ 18,771.65 ₱ 19,428.66 ₱ 20,166.94 ₱ 20,892.95
₱ 29,259.44 ₱ 30,283.52 ₱ 31,434.29 ₱ 32,565.93
₱ 18,872.56 ₱ 19,533.10 ₱ 20,275.35 ₱ 21,005.27
₱ 20,822.29 ₱ 21,551.07 ₱ 22,370.01 ₱ 23,175.33
₱ 21,031.17 ₱ 21,767.27 ₱ 22,594.42 ₱ 23,407.82
₱ 19,421.13 ₱ 20,100.87 ₱ 20,864.70 ₱ 21,615.83
₱ 16,464.88 ₱ 17,041.15 ₱ 17,688.72 ₱ 18,325.51
₱ 12,983.20 ₱ 13,437.61 ₱ 13,948.24 ₱ 14,450.38
₱ 12,983.20 ₱ 13,437.61 ₱ 13,948.24 ₱ 14,450.38
₱ 12,983.20 ₱ 13,437.61 ₱ 13,948.24 ₱ 14,450.38
₱ 12,983.20 ₱ 13,437.61 ₱ 13,948.24 ₱ 14,450.38
₱ 12,983.20 ₱ 13,437.61 ₱ 13,948.24 ₱ 14,450.38
₱ 12,983.20 ₱ 13,437.61 ₱ 13,948.24 ₱ 14,450.38
₱ 12,983.20 ₱ 13,437.61 ₱ 13,948.24 ₱ 14,450.38
₱ 12,983.20 ₱ 13,437.61 ₱ 13,948.24 ₱ 14,450.38
₱ 12,983.20 ₱ 13,437.61 ₱ 13,948.24 ₱ 14,450.38
₱ 12,983.20 ₱ 13,437.61 ₱ 13,948.24 ₱ 14,450.38

NOTE 18
2024 2025 2026
₱ 406,936.08 ₱ 422,399.65 ₱ 437,606.04
₱ 360,724.01 ₱ 374,431.52 ₱ 387,911.05
₱ 349,077.19 ₱ 362,342.12 ₱ 375,386.44
₱ 273,676.23 ₱ 284,075.93 ₱ 294,302.66
₱ 280,373.75 ₱ 291,027.95 ₱ 301,504.96
₱ 274,378.71 ₱ 284,805.10 ₱ 295,058.08
₱ 233,143.87 ₱ 242,003.34 ₱ 250,715.46
₱ 363,402.21 ₱ 377,211.50 ₱ 390,791.11
₱ 234,397.16 ₱ 243,304.25 ₱ 252,063.21
₱ 258,612.80 ₱ 268,440.09 ₱ 278,103.93
₱ 261,207.19 ₱ 271,133.06 ₱ 280,893.85
₱ 241,210.43 ₱ 250,376.43 ₱ 259,389.98
₱ 204,493.82 ₱ 212,264.59 ₱ 219,906.11
₱ 161,251.33 ₱ 167,378.88 ₱ 173,404.52
₱ 161,251.33 ₱ 167,378.88 ₱ 173,404.52
₱ 161,251.33 ₱ 167,378.88 ₱ 173,404.52
₱ 161,251.33 ₱ 167,378.88 ₱ 173,404.52
₱ 161,251.33 ₱ 167,378.88 ₱ 173,404.52
₱ 161,251.33 ₱ 167,378.88 ₱ 173,404.52
₱ 161,251.33 ₱ 167,378.88 ₱ 173,404.52
₱ 161,251.33 ₱ 167,378.88 ₱ 173,404.52
₱ 161,251.33 ₱ 167,378.88 ₱ 173,404.52
₱ 161,251.33 ₱ 167,378.88 ₱ 173,404.52
₱ 5,354,146.71 ₱ 5,557,604.28 ₱ 5,757,678.04
 NOTE 26

PARTICULARS PRICE

Pulverizing Grinder Mill

₱ 340,293.00
Machine
Boiling Tank ₱ 342,832.50
Cleaning Filter Housing
₱ 198,081.00
Machine
Chemical Storage Tank With
₱ 17,776.50
Wheels
Mixer Paint Machine ₱ 101,580.00
Ink Jet Code Printer ₱ 99,040.50
Conveyor Belt ₱ 60,948.00
Coating Adhesion Tester ₱ 101,580.00
Total Shipping Cost (Machine Price Excluded)

NOTE 27
PRICE PER
PARTICULARS
ORDER
Metal Tin Can 1 L ₱ 119,178.95
Polyurethane ₱ 255,744.00
Total Shipping Cost
 NOTE 26
TOTAL
CUSTOM
SEA COST CHARGES SHIPMENT
DUTIES
COST

₱ 40,835.16 ₱ 40,835.16
₱ 41,139.90 ₱ 41,139.90
₱ 23,769.72 ₱ 23,769.72
₱ 123,765.87
₱ 2,133.18 ₱ 2,133.18
₱ 12,189.60 ₱ 12,189.60
₱ 11,884.86 ₱ 11,884.86
₱ 7,313.76 ₱ 7,313.76
₱ 12,189.60 ₱ 12,189.60
ost (Machine Price Excluded) ₱ 275,221.65

NOTE 27
ANNUAL NO. CUSTOM TOTAL ANNUAL
SEA COST CHARGES
OF ORDERS DUTIES SHIPMENT COST
₱ 116,891.87 38 ₱ 14,301.47 ₱ 660,347.88
₱ 117,433.87 25 ₱ 30,689.28 ₱ 884,665.87
Total Shipping Cost ₱ 1,545,013.75
FINANCIAL SCHEDULES
SALES
SCHEDULE 1
ASSUMPTION EFFECTIVE SELLING UNITS
YEAR
SALES IN % CAPACITY PRICE SOLD
2022 79% 66,609 ₱ 109.00 52,621
2023 84% 275,574 ₱ 112.60 231,482
2024 87% 285,585 ₱ 116.54 248,459
2025 88% 292,800 ₱ 120.97 257,664
2026 90% 299,315 ₱ 125.33 269,384
 SALES

₱ 5,735,700.99
₱ 26,064,891.22
₱ 28,955,406.03
₱ 31,169,614.08
₱ 33,761,834.06

SCHEDULE
COST OF GOODS
PARTICULARS S/N 2022

Raw Materials, Beginning

Add: Raw Materials

Purchased
Total Raw Materials
Raw Materials, Ending

Total Direct Materials Used

Direct Labor

Manufacturing Overhead

Indirect Labor
Utilities
Depreciation - Machine &
Production Equipment
Rent
Indirect Materials
Total Manufacturing
Overhead Cost
Total Cost of Goods
Manufactured
Finished Goods, Beginning
Inventory
Total Goods Available for
Sale
Finished Goods, Ending
Inventory
Cost of Goods Sold
 SCHEDULE 2
COST OF GOODS SOLD
2023 2024 2025 2026
 SCHEDULE 3
OPERATING EXPENSES
PARTICULARS S/N 2022 2023 2024
Permits and Licenses
Advertising Expense
Utilities Expense
Repairs and Maintenance
Sanitary Materials
Office Supplies
Indirect Labor
13th Month Pay
SSS Contribution
Phil-Health Contribution
Holiday Pay
Depreciation Leasehold
Warehouse Improvement
Delivery Equipment
Machineries
Production Equipment
Safety and Signages
Equipment
Office Furniture and
Fixtures
Santiary Equipment
TOTAL OPERATING
EXPENSES
2025 2026

SCH
RAW MATER
PARTICULARS S/N
MAHO
Beginning
Add: Raw Material
Purchases
Total Raw Materials
Available
Less: Raw Materials Needed
in Production
Raw Materials Ending
Unit Cost
Raw Materials End Cost
POLY
Beginning
Add: Raw Material
Purchases
Total Raw Materials
Available
Less: Raw Materials Needed
in Production
Raw Materials Ending
Unit Cost
Raw Materials End Cost
META
Beginning
Add: Raw Material
Purchases
Total Raw Materials
Available
Less: Raw Materials Needed
in Production
Raw Materials Ending
Unit Cost
Raw Materials End Cost
CART
Beginning
Add: Raw Material
Purchases
Total Raw Materials
Available
Less: Raw Materials Needed
in Production
Raw Materials Ending
Unit Cost
Raw Materials End Cost
 SCHEDULE 5
RAW MATERIALS INVENTORY
2022 2023 2024 2025 2026
MAHOGANY BARK

POLYURETHANE
METAL TIN CAN

CARTON BOXES
 SCHEDULE 4
RAW MATERIALS PURCHASES
PARTICULARS S/N 2022 2023
MAHOGANY BARK
Effective Capacity S1
Add: Desired Raw Materials
Inventory End
Total Raw Materials
Purchases
Multiply by Cost
Raw Materials Purchases
POLYURETHANE
Effective Capacity
Add: Desired Raw Materials
Inventory End
Total Raw Materials
Purchases
Multiply by Cost
Raw Materials Purchases
METAL TIN CAN
Effective Capacity
Add: Desired Raw Materials
Inventory End
Total Raw Materials
Purchases
Multiply by Cost
Raw Materials Purchases
CARTON BOX
Effective Capacity
Add: Desired Raw Materials
Inventory End
Total Raw Materials
Purchases
Multiply by Cost
Raw Materials Purchases

TOTAL RAW MATERIALS

PURCHASES
DULE 4
LS PURCHASES
2024 2025 2026
ANY BARK

RETHANE
TIN CAN

ON BOX
FINANCIAL SCHEDULES

PARTICULARS

PERCENT INCREASE
PRODUCTION WORKER
TOTAL
 SCHEDULE 6
DIRECT LABOR
NO. OF
MONTHLY SALARY 2022 2023 2024
WORKERS
3.7% 3.3% 3.5%
₱ 12,120.00 4 ₱ 150,821.28 ₱ 623,193.52 ₱ 645,005.32
TOTAL ₱ 150,821.28 ₱ 623,193.52 ₱ 645,005.32
 2025 2026

3.8% 3.6%
₱ 669,515.52 ₱ 693,618.08
₱ 669,515.52 ₱ 693,618.08

Position BASIS FOR SALA

General Manager ₱ 30,586.20
Chief Financial Officer ₱ 27,112.80
Operations Manager ₱ 26,237.40
Production Supervisor ₱ 20,570.10
Human Resource Staff ₱ 21,073.50
Accountant ₱ 20,622.90
Quality Assurance Officer ₱ 17,523.60
Chemical Engineer ₱ 27,314.10
Inventory Clerk ₱ 17,617.80
Maintenance Head ₱ 19,437.90
Sales and Marketing Office ₱ 19,632.90
Safety Officer ₱ 18,129.90
Promodizer ₱ 15,370.20
Utility Worker 1 ₱ 12,120.00
Utility Worker 2 ₱ 12,120.00
Security Guard 1 ₱ 12,120.00
Security Guard 2 ₱ 12,120.00
Driver 1 ₱ 12,120.00
Driver 2 ₱ 12,120.00
TOTAL
 SCHEDULE 7
INDIRECT LABOR
2022 2023 2024
₱ 95,153.67 ₱ 393,174.96 ₱ 406,936.08
₱ 84,347.92 ₱ 348,525.61 ₱ 360,724.01
₱ 81,624.55 ₱ 337,272.65 ₱ 349,077.19
₱ 63,993.58 ₱ 264,421.48 ₱ 273,676.23
₱ 65,559.66 ₱ 270,892.51 ₱ 280,373.75
₱ 64,157.84 ₱ 265,100.20 ₱ 274,378.71
₱ 54,515.92 ₱ 225,259.78 ₱ 233,143.87
₱ 84,974.17 ₱ 351,113.25 ₱ 363,402.21
₱ 54,808.98 ₱ 226,470.69 ₱ 234,397.16
₱ 60,471.31 ₱ 249,867.44 ₱ 258,612.80
₱ 61,077.95 ₱ 252,374.10 ₱ 261,207.19
₱ 56,402.12 ₱ 233,053.56 ₱ 241,210.43
₱ 47,816.69 ₱ 197,578.57 ₱ 204,493.82
₱ 37,705.32 ₱ 155,798.38 ₱ 161,251.33
₱ 37,705.32 ₱ 155,798.38 ₱ 161,251.33
₱ 37,705.32 ₱ 155,798.38 ₱ 161,251.33
₱ 37,705.32 ₱ 155,798.38 ₱ 161,251.33
₱ 37,705.32 ₱ 155,798.38 ₱ 161,251.33
₱ 37,705.32 ₱ 155,798.38 ₱ 161,251.33
₱ 1,101,136.27 ₱ 4,549,895.08 ₱ 4,709,141.40
2025
₱ 422,399.65
₱ 374,431.52
₱ 362,342.12
₱ 284,075.93
₱ 291,027.95
₱ 284,805.10
₱ 242,003.34
₱ 377,211.50
₱ 243,304.25
₱ 268,440.09
₱ 271,133.06
₱ 250,376.43
₱ 212,264.59
₱ 167,378.88
₱ 167,378.88
₱ 167,378.88
₱ 167,378.88
₱ 167,378.88
₱ 167,378.88
₱ 4,888,088.78
₱ 2,026.00
₱ 437,606.04
₱ 387,911.05
₱ 375,386.44
₱ 294,302.66
₱ 301,504.96
₱ 295,058.08
₱ 250,715.46
₱ 390,791.11
₱ 252,063.21
₱ 278,103.93
₱ 280,893.85
₱ 259,389.98
₱ 219,906.11
₱ 173,404.52
₱ 173,404.52
₱ 173,404.52
₱ 173,404.52
₱ 173,404.52
₱ 173,404.52
₱ 5,064,059.97
NOTE

NOTE

NOTE

NOTE

NOTE

NOTE
 PROJ

NOTE
Sales
Less: Cost of Goods Sold
Gross Income
Other Income
Less: Pre-Operating Expense
Project Feasibility Expense
Training Cost
Factory Opening Cost
Uniform & ID Expense

Less: Selling and Operating Expenses

Salaries Benefits Expenses
Advertising Expenses
Depreciation Expense
Office Supplies Expense
Sanitary Materials Expense
Repairs and Maintenance Expense
Waste Management Expense
Transportation Expense
Diesel Generator Expense
 SCHEDULE 15
SANITARY MATERIALS EXPENSE
2021 2022 2023

SCHEDULE 16
OFFICE SUPPLIES
2021 2022 2023

SCHEDULE 24
TRANSPORTATION EXPENSE
2021 2022 2023

SCHEDULE 25
WASTE MANAGEMENT COST
2021 2022 2023

SCHEDULE 26
MANUFACTURING COST OF PRODUCT
2021 2022 2023

SCHEDULE 27
RETAIL PRICE OF PRODUCT
2021 2022 2023
 LUCID PINNACLE MANUFACTURING COMPANY
PROJECTED INCOME STATEMENT FOR THE YEARS ENDED 2021-2025
2021 2022 2023
XPENSE
2024 2025

2024 2025

ENSE
2024 2025

COST
2024 2025

PRODUCT
2024 2025

DUCT
2024 2025
025
2024 2025