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MARINDUQUE STATE COLLEGE

Accountancy Business and Management


Tanza,Boac, Marinduque
School of Education

Grade 12-ABM-A
Vanguard’s Products and Services
Business Plan

1
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
Table of Contents

Title Page………………………………………………………………………………………..1

Table of Contents ……………………………………………………………………………2-7

I. EXECUTIVE SUMMARY…………………………………………………………………….8
Mission
Vision
Goals
Objectives
Business Model

II. INTRODUCTION………………………………………………….……………………………9
Name of the Business
Name of the Owners
Address of the Business
Business Organization
Funding Requirements

III. ENVIRONMENTAL ANALYSIS


Trend in the industry…………………………………………………………………….……10
Consumer Analysis……………………………………………………………………………..11

Competitor Analysis…………………………………………………………………………....11

Market Forecast………………………………………………………………………………..11

Market Share…………………………………………………………………………………..12

Market Position………………………………………………………………………………...12

Marketing Strategy…………………………………………………………………………….13

IV. BUSINESS DESCRIPTION


Nature and Form of the business……………………………………………………………..13

Present status of the business………………………………………………………………….13

Product or Service that it plans to produce or serve…………………………………………13

Various plant and office equipment………………………………………………………14-16


2
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
Size of the proposed business………………………………………………………………….16

Personnel requirement…………………………………………………………………………16

Administrative operation……………………………………………………..……..…………17

V. ORGANIZATIONAL PLAN
Form of the business organization……………………………………………………………17

Liability of the owner ………………………………………………………………………….17

Organizational Structure………………………………………………………………………18

Roles and Responsibilities…………….…………………………………………………….18-23

Salary Requirements……………………..…………………………………………………….23

VI. PRODUCTION PLAN


Production Schedule……………………………………………………………………….24-26
Production Process……………………………………………………………………..….26-29

Processing Plant and Equipment……………………………………………………………29

Sources of Materials………………………………………………………………………...30-33

Production Cost……………………………………………………………………………..34-35

VII. OPERATION PLAN


Evaluation of Suppliers……………………………………………………………..………36-37

Vicinity Map…………………………………………………………………………………..38

Materials requisition and receiving procedure…………………………………………39-41

Storage and inventory control system………………………………………………………42

Shipment system and control……………………………………………..…………………43

Function of support services………...…………….…………………………………………43

VIII. MARKETING PLAN


Product………………………..…………………….………………………………………44

Place………………………………………..…………..……………………………………44

3
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
Price……………………………………………………………………………………….44-46

Promotion………………………………………………………………………...……….47

People……………………………………………………………………………………..47

Packaging…………………………………………………………………………………48

Positioning………………………………………………………………………………..48

SWOT Analysis…………………………………………………………………………….49-50

TOWS MATRIX…………………………………………………………………………....51-53

IX. FINANCIAL PLAN


Projected Statement of Comprehensive Income…………………………………………54

Projected Statement of Cash flow…………………………………………..……………55

Projected Statement of Changes in Equity…………………………………..………….56

Projected Statement of Financial Position……………………………………...………57

Projected Notes and Disclosure……………………………………………………….58-59

Notes to Financial Statement………………………………………………………….60-63

Financial Statement Analysis……………………………………………………………64

Pricing Strategy………………………………………………………………………….65

List of figures;

Name of figures Page

1:Vanguards Market Share 12

2: Kitchen Floor Plan 14

3:Printing Workplace 15

4:Administrative operation process 17

4
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
5:Organizational Chart 18

6:Process on how to make taro chips & fries 27

7: Kitchen Floor Plan 29

8: Picture of Boac Market 30

9: Picture of Marinduque Book Store, ACL 31


Store & Venmar Store

10: Picture of Puregold (Boac) 32

11: Picture of New Era Gen. Mdse. 33

12: Buboy Sari-sari Store 33

13: Supplier 1: Boac Market 36

14: Supplier 2: South Emerald 36

15: Supplier 3: Puregold 37

16: Vicinity Map of Suppliers 38

17: Material requisition and receiving products 39

18: Example of purchase requisition 40

19: Inventory Control 42

20: Vanguards Products and Services Fb Page 47

21: Vanguards Packaging 48

5
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education

List of tables;

Tables Page

1: The schedule of purchase material in 24


printing service

2: The purchasing of raw materials for veggie- 24


fruit shake, taro chips and fries

3: The schedule production of products in a 25


week

4: The distribution of the products 25

5: The schedule of Cash count 26

6: The list of suppliers for printing materials 34


and their respective price

7: The list of the suppliers for the raw materials 34


of veggie-fruit and their respective price

8: The list of the supplier for the raw materials 35


of taro chips and fries and their respective price

9: The suggested price for taro chips and fries 44

10: The suggested price for veggie-fruit shake 45

11: The suggested price for online printing 45-46


service

6
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education

EXECUTIVE SUMMARY

Vanguards Products and Services is dedicated to give commendable quality of products


and services for the great satisfaction of customers, striving to make enough profit to generate a
fair return to our starting capital and to continually improve the quality of our products through
new ideas, innovation and hard work, which is the business mission.

The Vanguards Products and Services is a new entrance business which goals are to be
recognized by the local markets as first and best product and service business which provide a
commendable product and service that satisfy the customer needs. In addition, our goals are to be
ahead on competition and achieve the target profit/income. In order to achieve these goals, the
following are the Vanguard’s objectives, be marketable and competitive by increasing the
product and service awareness, countering competitive strategies, creation of goodwill and
public image and be open for innovation and development of product and services. The funding
or capital would be Php 25,000 which came from the contribution of the 23 partners and the
income from 2-days Barakalan Activity.

Furthermore, in order to come up with this objectives and goals; SWOT analysis and
TOWS matrix will be used. Therefore, our vision is to be one of the most successful businesses
in the local market after three months.

7
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education

INTRODUCTION

Vanguards Products and Services, the first business at Marinduque State College that
offers Crispy Taro Chips and fries, Veggie-fruit shake and Online printing service, which
provide a commendable food and printing services to the students, faculties, and community at
large. It is a partnership business composed of twenty-three (23) owners with the funding or
capital of Php 25,000 which came from the contribution of the 23 owners and the income from 2-
days Barakalan Activity. Since hassle –free is our motto, we will handle all our products and
services with our finest capabilities.

Business Owners

Shekinah Faith P. Requintel Vhiea U. Marciano

Kollen R. Aquino Ma. Christine S. Sarile

Ruth A. Estrella
Angel Raizzadhel L. Ricohermoso
Lerina P. Lancion
Jackie Lou R. Reynoso
Ma. Donna Q. Rioflorido
Medelyn O.Merencillo Khyte Ivy Love D. Pena

Paulene N. Malangis Chervil R. Apoyan

Ma. Ingrid Nicole O. Belda Rowy Ann P. Gallo

Ma. Elieze L.Marciano


Elizabeth J. Bundalian
Lance Jayson M. Labog
Beatrice R. Mogol
Mark Truman C. Abling
Carla Jane C. Lasac

Erika Manuel M. Semilla

Maricar S. Andrin
8
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education

III. ENVIRONMENTAL ANALYSIS

Trend in the industry:

Printing shops gives Suki card to their regular customers to encourage them to continue
avail their service by giving points from every transaction, which could be claimed and can be
used the next time the customers will avail the printing services. The Vanguards Products and
Services identified some trends to make Vanguards printing services the ideal printing shop in
the market.

 Online Printing services- will make consumers’ printing demand a hassle-free and
convenient one by letting them send their documents online through our official gmail
account at vanguards12a@gmail.com. Vanguards are open from 7 am in the morning
until 10 pm in the evening.
 Print Delivery- by sending their documents in advance online, the Vanguards will
deliver the printed documents to the consumers provided the exact location around the
Marinduque State College.

Meanwhile, products, desserts and snacks which are offered by other stores and carts are
sold by different businesses, inconvenient for them to purchase a dry goods and a drink;
furthermore, products are of typical tastes and flavors which are commonly sold in the market.
By these, the Vanguards Products and Services will be a convenient store for the consumers
selling new twists to the typical known goods with competitive prices and will be more attractive
to seek the attention of the consumers.

9
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education

Consumer Analysis

The Vanguards Products and Services will focus at Tanza, Boac, Marinduque where
Marinduque State College is located. We will also extend our channels at Barangay Matalaba,
Santa Cruz, Marinduque. Since students demands for printing services is high, our printing shop
will open at 7:00 in the morning. Our main target market will be the students, faculty, staff and
personnel in our main business location and anyone that would pay interest to our business and
our outlets.

Competitor Analysis

Presently, there are several printing shops inside and outside the campus that have gained
acceptance of the market, they have several printers which can operate simultaneously, all of
which seen as their strengths, but get easily crowded in the morning and the afternoon when
demand for the service gets tight, especially in rush hours.

Moreover, there is a cart outside the campus who offers shakes which uses dry flavored-
powders presented in a plastic cup that costs 15 to 45 pesos. There is also a store nearby whom
also sells fresh fruit shake flavored with plain common fruits, but this is not seen as a direct
competitor to the Vanguards; their weakness is in the lack of variety, they do not offer new
flavors neither add twists.

Market Forecast

Existing printing businesses are seen consistent and long-lasting in its line, but some
printing service business sometimes become out of trend; stores selling desserts goes the same at
certain points because of the new products that become popular.

Since Marinduque State College is nearby and the demand for its services is high printing
service businesses offers printing of documents at very affordable prices starting at one peso.

10
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
The Vanguards Products and Services will assure that they will produce products that
would fit the taste of the market and will make alternatives in seasons applicable and will assure
printing service is surely fast, non- hassle and very convenient for the consumers.

Market Share

The Vanguards Products and Services will be mainly located at Tanza, Boac, Marinduque
at Marinduque State College. Since there’s a lot of printing shops and food services around the
MSC, the market share of Vanguards Products and Services would be 10% of the population.

Market Share
10%

Vanguards share
Other businesses share

90%

Figure 2. Vanguards Market Share

Market Position

Vanguards Products and Services are new entrance business. Since we are beginners we
are determined to find our potential customers and are expected to gain trust and relationship
with them.

11
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
Marketing Strategy

Marketing strategies will be done in different ways, it could verbal or written


communication, face-to face interaction and through the use of social media. Examples are
audio-advertisement, video –advertisement, flyers, posters, pamphlet and Facebook page and etc.

IV. BUSINESS DESCRIPTION

The Vanguards Products and Services are a service business that offers affordable,
convenient and non-hassle online printing services, new twisted snacks and smoothie which are
taro chips and taro fries as well as fresh veggie-fruit shakes.

Nature and Form of the business:

The Vanguards Products and Services is a partnership business comprises of twenty-three


(23) students of ABM 12-A. Its capital came from the contribution of the partners which is one
thousand (1 000) pesos each, all came from personal savings, parents’ funds and the income in 2-
days Barakalan Activity.

Present status of the business:

The Vanguards Products and Services are new entrance business; since we are beginners
we are task to find our ideal customers which are the students, faculty and community at large.
After how many months, we do expect to gain customer’s loyalty and will be known in the local
market.

Product or Service that it plans to produce or serve:

The Vanguards Products and Services offer an online printing service business. Our
printing service will be different from others because we will offer an online printing service that
will be convenient and less hassle for the costumers; it will be ready for pick-up or could be
delivered, it’s of their choice.

12
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
The Vanguards Products and Services will also offer taro chips and fries which will be
new to the market because of its main ingredient, not the usual potato. Taro chips and fries are
made of gabi root, which is healthier and more affordable. It offers unique taste and flavor than
the usual chips and fries in the market. Shakes will be also offered with a twist; it will be a
combination of fresh fruit and vegetable, creating a different appeal to the market and will give
satisfaction and other benefits to the customers.

Various plants and office equipment and others

Vanguards Products and Services main production facility is located at 3rd (third) floor of
St. Mariz building, near at Marinduque State College. The main workplace is chosen because it
is nearby the school, wherein the business is located.
7m

4.5 m

Figure 3 . Kitchen Floor Plan

13
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
For the Vanguards Online Printing Service, the location will be at Marinduque State
Colle at the Nursing building. The workplace is chosen because it is a good location for our
potential customers such as students, faculty and other personnel. Additionally, the place is
accessible and nearby with other schools.
10.5 m

Trash bin

6.9 m

Figure 4. Printing Workplace

The Vanguards Products and Services will use the following equipment’s and utensils in
giving services and creating products to be sold:

 Printer
 Laptop
 Blender
 Measuring tools
 Refrigerator
 Iced crusher

14
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
 Stove
 Frying Pan
 Spatula
 Strainer
 Casserole

Size of the proposed business:

The Vanguards Products and Services is a small business in the line, since it is a new
entrance business. It has 23 members/partners with a starting capital of Php 25,000.00

Personnel requirement:

The resume of the staff of the Vanguards Products and Services will be attached. The
staffs are new beginners, but have the skills to learn and do their corresponding duties and
assignments to achieve the success of the business.

If we do hire other personnel, these are the following requirements/qualifications;

 Must be 18 years old and above


 At least High School graduate
 Has good communication skills
 Acquire positive traits and characteristics

15
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education

Administrative operation

The Vanguards Product and Services will provide regular and complete records of the
purchase of the raw materials and the sales. Receipts will be used and issued. There will be a log
book for the everyday operation of the business. Below are the other daily activities that will be
done by the organization.

Implement Production
Plan and Negotiate and Business
and and Services
Analyze Recommend result
Communicate

Figure 5. Administrative Operation Process

V. ORGANIZATIONAL PLAN

Form of the business organization:

Partnerships (also known as 'firms') are where two or more people carry on a business
with the aim of making a profit. The Vanguards have 23 members/partners with equal
responsibilities and accountabilities and will be equal in distributing profit.

Liability of the owner:

 Legal Responsibilities for All Members/Partners:

In every partnership, there are legal business responsibilities that apply to all partners.
The Vanguards partners are responsible for keeping the business records straight, keeping
finances in order, and paying the business liabilities. Further, if the management roles of the
individual partners have been set out ahead of time in a partnership agreement, individual
members accept a legal duty to fulfill these roles. All partners also bear a legal duty to make sure

16
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
the profits are distributed in the manner agreed on, as well as any other matter listed in the
partnership agreement.

Organizational Structure:

Figure 6. Organizational Chart

Roles and Responsibilities

A. Over all manager or the top-level manager is responsible for planning, organizing,


controlling and overseeing the entire organization.

17
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
B. Production managers are responsible for the technical management, supervision and
control of production processes. They ensure that manufacturing processes run reliably and
efficiently.

Responsibilities of the production managers include:

 planning and organizing production schedules

 assessing project and resource requirements

 ensuring that health and safety regulations are met

 determining quality control standards

 overseeing production processes

 re-negotiating timescales or schedules as necessary

 selecting, ordering and purchasing materials

 organizing the repair and routine maintenance of production equipment

 interactive with buyers and marketing and sales staff

 organizing relevant training sessions

C. Financial manager are responsible to do the following:

 Prepare financial statements, business activity reports, and forecasts

 Monitor financial details to ensure that legal requirements are met

 Supervise employees who do financial reporting and budgeting

 Review company financial reports and seek ways to reduce costs

 Analyze market trends to find opportunities for expansion or for acquiring other
companies

 Help management make financial decisions


18
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
.

D. Sales manager is responsible for leading and guiding the team of sales people in the
organization. They will set sales goals and quotas, build a sales plan, analyze data,
assign sales training and sales territories mentor the members of sales team and are involved
in the hiring and firing process.

Responsibilities of the Sales manager include:

 Achieving growth and hitting sales targets by successfully managing the sales team

 Designing and implementing a strategic sales plan that expands company’s customer base
and ensure its strong presence

 Managing recruiting, objectives setting, coaching and performance monitoring of sales


representatives

E. Human resources managers is in charge in planning, directing, and coordinate the


administrative functions of an organization. They will oversee the recruiting, interviewing,
and hiring of new staff; consult with top executives on strategic planning; and serve as a link
between an organization’s management and its employees.

Human resources managers typically do the following:

 Plan and coordinate an organization’s workforce to best use employees’ talents


 Link an organization’s management with its employees
 Plan and oversee employee benefit programs
 Serve as a consultant with other managers advising them on human resources issues, such
as equal employment opportunity and sexual harassment
 Coordinate and supervise the work of specialists and support staff
 Oversee an organization’s recruitment, interview, selection, and hiring processes
 Handle staffing issues, such as mediating disputes and directing disciplinary procedures

19
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
F. Marketing manager is in charge of the organization's entire marketing activities and
therefore handles formulating, directing and coordinating marketing activities so as to
influence customers to choose the organization's products over those of competitors.

Sales staff

Sales team acts as the face, or voice, of a company. They are on the front lines with customers,
just like a waiter in a restaurant, or a cashier in a retail store. When it comes down to it, a
sales team plays the most pivotal role in engaging customers to purchase your company’s
product or service that’s why they call it sales.

Marketing Staff

Marketing Assistant responsibilities include assisting in organizing campaigns and developing


marketing strategies.

Marketing Assistant Responsibilities include:

 Undertaking daily administrative tasks to ensure the functionality and coordination of the
department’s activities

 Supporting marketing executives in organizing various projects

 Conducting market research and analyzing consumer rating reports/ questionnaires

Production Staff

Production staffs are professionals who work on a production line in a manufacturing


environment and perform a variety of duties to ensure production goals are met for an
organization.

Human Resources Assistant Job Responsibilities:

They support human resources processes by administering tests; scheduling appointments;


conducting orientation; maintaining records and information.

Human Resources Assistant Job Duties:


20
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
 Provides payroll information by collecting time and attendance records.

 Substantiates applicants' skills by administering and scoring tests.

 Welcomes new employees to the organization by conducting orientation.

 Submits employee data reports by assembling, preparing, and analyzing data.

 Maintains employee information by entering and updating employment and status-change


data.

 Provides secretarial support by entering, formatting, and printing information; organizing


work; answering the telephone; relaying messages; maintaining equipment and supplies.

 Maintains quality service by following organization standards.

 Contributes to team effort by accomplishing related results as needed.

Finance Staff

Finance assistant will be the one assisting the finance director in managing, processing and
troubleshooting various accounts and transactions.

Finance Assistant Job Duties:

 Process and prepare financial and business forms for the purpose of checking account
balances, facilitating purchases, etc.
 Perform routine calculations to produce analysis and reports as requested by the finance
manager.
 Help oversee and manage individual accounts
 Review and adhere to department budgets
 Review and audit financial statements and reports, ensure all calculations and data entries
are correct
 Report any troubling discoveries or suspicion of wrongdoing to the proper authorities
 Collect information for and prepare payroll payments for employees

21
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
 Assist the financial director in creating financial reports on a regular basis
 Adhere to the company's or organization’s financial policies and procedures
 Suggest changes or improvements to increase accuracy, efficiency, and cost reductions.

Salary Requirements

The salary will be given weekly and it cost Php 10.00 for each person. Thus, each staff
will receive Php 40.00 a month. Salaries for all levels, from top to bottom have an equal amount
and will be equally distributed.

22
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
VI. PRODUCTION PLAN

Production Schedule

A. Production Sales
Purchasing of Raw Materials
In the purchasing of the raw materials, the schedule of buying the materials for the
production of the goods to be sold will be followed:

Printing Service

Table 1. The schedule of purchase material in printing service

March April May

LEGEND: Printing Materials

*the purchasing of raw materials will be monthly

Veggie – Fruit Shake & Taro Chips & Fries

Table 2. The purchasing of raw materials for the said product will be as follows weekly.

Sunday Monday Tuesday Wednesday Thursday Friday

LEGEND: Fruits Shake Raw Materials


Taro Chips Raw Materials

B. Production of Products

23
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
In the production of the products, the schedule will be followed:

Table 3. The schedule production of products in a week

Sunday Monday Tuesday Wednesday Thursday Friday Saturday

Producers: Human Productio


Financial Marketing
Resource n Sales Dept.
Dept. Dept.
Dept. Dept.

C. Distribution

In distribution of the products, the schedule will be followed:

Table 4. The distribution of products in a week

Sunday Monday Tuesday Wednesda Thursday Friday Saturday


y

LEGEND: Taro Chips

Vegie-Fruit Shake

D. Cash count
24
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
Table 5. The schedule of cash count

Sunday Monday Tuesday Wednesda Thursday Friday Saturday


y

Cash count

* NOTE: Vanguards are open anytime for orders and willing to produce products when
the customers demand.

Production Process (amount subcontracted)

In manufacturing/producing the products, the proprietors make sure that the materials that
will be use are properly sanitize and clean concerning the health of the customers. The owners
will use good quality ingredients to ensure the quality for the products to be produced.

25
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
Here is the step by step procedure on how to make Taro chips.

Ingredients: Step 2. Step 3.


Peel the taro with a
Step1. sharp knife, peeling Look for any
*1 large taro away from your body spoiled spots, such
about 2-3 Cut taro into carefully draw the as bruising and
pounds paring knife down the
2 -4 or larger body of the taro, being
discoloration, in
the taro as you
* Oil chunks for careful not to remove
too much of the taro peel. Remove the
easy peeling during the process. You spots away with
*Different
Powdered and cutting. may use a potato peeler the tip of the knife.
for this process if you
Spice have small taro.

Step 7. Step 6. Step 5. Step 4.


Fry the taro slices in Heat up a large Slice the taro thinly Wash immediately
batches, turning
skillet or cast with the help of to prevent
once, until golden
slicer/ mandolin for discoloration and
brown, about 5 iron with oil
minutes. Do not consistent results or leave them in cool
medium-high water until ready
overcrowd the pan (it even use a peeler.
will make the taro to heat until hot to use or
Season with garlic
be soggy and but not refrigerate for up
absorb excess oil) salt, Cajun spice or to 24hours.
smoking.
salt.
.

Step 7.
Use a slotted spoon; transfer the taro chips -
drain on paper towels. Shake with the powdered
spice then serve!

Figure 7. Process on how to make taro chips

26
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
Here is the step by step procedure on how to make Vegie-Fruit Shake (per serving):

Ingredients

 8 ice cubes

 1 cup of desired fruits

 1 cup of desired vegetables

 ¼ cup of condensed milk

 1 tbsp. of honey

Instructions

1. Place all items in a blender.

2. Blend until fully incorporated, stopping to stir.

3. Serve right away or cover and store in refrigerator.

Recipe Notes

Adjust the fruits and vegetables to what you like and what you have on hand.

You can also add 2-3 ice cubes to make slightly slushy. 

Processing Machinery and Equipment


The proprietors of the said business will use the following machine/ries and equipment as an
important part for making the products to be sold. These are as follows:

 Printer
 Laptop
 Blender
 Measuring tools
 Refrigerator
27
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
 Iced crusher
 Stove
 Frying Pan
 Spatula
 Strainer
 Casserole
 Ice Box
 Tupperwares
Processing Plant and Equipment

Vanguards Products and Services main production facility is located at 3 rd (third) floor of St.
Mariz building, near at Marinduque State College. The main workplace is chosen because it is
nearby the school, wherein the business is located.

They will also use kitchen tools and equipment necessary in preparation and production of
veggie-fruit shake and taro chips and fries. The figure below shows the kitchen floor plan
wherein they process and store their products.
7m

4.5 m

Figure 8. Kitchen Floor Plan

28
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
Sources of Material

Names of suppliers of raw materials

The suppliers of Vanguards are also very much crucial for making the products. Main
suppliers of the raw materials are the following:

1. Boac Market will serve as one of the suppliers of the proprietors. It is located at Market Site,
Boac, Marinduque and also sells variety of goods to satisfy customers' wants and needs for the
rest of the day or of the following days. The proprietors here will buy:

a. Cooking oil cost -₱28.00

b. Cheese Powder-₱45.00

c. Barbeque Powder-₱45.00

d. Sour and Cream Powder-₱45.00

e. Fruits and vegetables-

Figure 9: Boac Market

29
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
2. Bernalex General Merchandise which is located at Brgy. Poblacion Torrijos, Marinduque is
one of the big establishments that offer different kinds of goods for customers. The proprietors
will buy:

a. Ink cost-₱500.00 (4 ink color set)

b. Paper cup for taro chips and fries -₱ 40.00

3. Marinduque Book Store/ACL/ Venmar also serve as a suppliers of the proprietors. The
proprietors here will buy:

a. Bond Paper Long cost-₱165.00

b. Bond Paper Short cost-₱150.00

Figure 10: Marinduque Bookstore;ACL Store;Venmar Store

4. Marielle Mendoza will serve also as one of the suppliers of the proprietors.

a. Fruits-price starts at ₱ 150.00 and above

b. Vegetables-price starts at ₱80.00 and above

30
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
5. Yelo Mandin will serve also as one of the suppliers of the proprietors.

a. Ice cost - ₱ 5.00

6. Puregold also serves as a supplier of the proprietors. The proprietors here will buy:

a. Milk- price starts at ₱ 25.00 an above.

Figure 11; Puregold (Boac)

7. Narcisa Apoyan will serve also as one of the suppliers of the proprietors.

a. Taro- price starts at ₱ 20.00 and above.

8. New Era also serve as a supplier of the proprietors. The proprietors here will buy:

a. Oil cost ₱ 20.00

31
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education

Figure 12: New Era General Merchandise

9. Buboy Sari-sari Store also serves as a supplier of the proprietors. The proprietors here will
buy:

a. Sour and Cream Flavor cost- ₱ 45.00

b. Spicy Barbeque Flavor cost- ₱ 45.00

c. Cheese Flavor cost- ₱ 45.00

Figure 13: Buboy Sari-sari Store

32
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
Production Cost

The following is the list of the suppliers and the respective price for each raw material.

Printing Service

Table 6. The list of the suppliers for printing materials and their respective price

Product S1 S2 S3
Bond Paper (Short) Marinduque Book ACL Venmar
Store (₱150.00) (₱160.00) (₱165.00)
Bond Paper (Long) Marinduque Book ACL Venmar
Store (₱160.00) (₱170.00) (₱180.00)
Ink Bernalex General Marinduque Book Good Year
Merchandise Store (₱600.00)
(₱500.00) (₱550.00)
Veggie – Fruit Shake

Table 7. The list of the suppliers for the raw materials of veggie-fruit shake and their respective
price

Product S1 S2 S3
Fruits Marielle Mendoza ABC Boac Market
(₱150.00 and above) (₱150.00 and above) (₱160.00 and above)
Vegetables Marielle Mendoza ABC Boac Market
(₱80.00 and above) (₱100.00 and above) (₱100.00 and above)
Ice Yelo Mandin St. Mariz Sari-sari Store
(₱5.00) (₱6.00) (₱6.00)
Milk Puregold South Emerald Boac Market
Honey Bernalex General ABC Boac Market
Merchandise (₱85.00) (₱85.00)
(₱80.00)
33
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education

Taro Chips & Fries

Table 8. The list of the suppliers for the raw materials of taro chips and fries

Product S1 S2 S3
Taro Narcisa Apoyan (Php Rosa Nazareno (Php Boac Market (Php
20.00) 25.00) 25.00)
Oil New Era (Php 20.00) Puregold (Php 24.00) Buboy Sari- sari Store
(Php 25.00)
Sour and Cream Buboy Sari-sari Store Puregold (Php 47.00) Boac Market (Php
Flavor (Php 45.00) 50.00)
Spicy Barbeque Buboy Sari-sari Store Puregold (Php 47.00) Boac Market (Php
Flavor (Php 45.00) 50.00)
Cheese Flavor Buboy Sari-sari Store Puregold Boac Market
(Php 45.00) (Php 47.00) (Php 50.00)
Mayonnaise Buboy Sari-sari Store Puregold Boac Market
(Php 250.00) (Php 300.00) (Php 200.00)
Ketchup Buboy Sari-sari Store Puregold Boac Market
(Php 200.00) (Php 265.00) (Php 175.00)

34
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
VII. OPERATIONAL PLAN

Evaluation of Suppliers

Figure 14: Supplier 1. Boac Market

The Vanguards choose Boac Market as its supplier 1 bcause convenience and availability
of raw materials is well laid in here. The place is 2.3 km. away from the production warehouse
via tricycle. In addition, the members are able to choose better raw materials with a higher
quality because of various stall in the said market. Furthermore, the members are capable in
coping the interest of the seller to lower the price.

35
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
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Tanza,Boac, Marinduque
School of Education

Figure 15: Supplier 2. South Emerald

As for the alternative supplier in case some raw materials are not available in Boac
Market, each department agreed in making South Emerald as the second supplier. It is located
2.401 km. away from the production warehouse. The said store can give much lower price in
case we buy in bulk. However, the said store does not sell some of the raw materials needed such
as fruits and vegetables.

Figure 16: Supplier 3. Puregold

36
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
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Tanza,Boac, Marinduque
School of Education
The Vanguards decided to make Puregold as one of the alternative and as third supplier.
It would give the team high quality products although price would be at stake. As before, the said
store does not sell some of the raw materials needed such as fruits and vegetables. However, it
would give convenience to the team because it is located 2.4 km. away from the warehouse.

37
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
VICINITY MAP OF SUPPLIERS

St. Mariz Building-Location


of the Main Facility (Near
Marinduque State College)

Tertiary Supplier:
Puregold-2.4 km.

Main Supplier: Boac


Public Market-2.4 km.

Secondary Supplier: South


Emerald near Puregold-
2.401 km.

Figure 17: Vicinity Map of Suppliers

38
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
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MARINDUQUE STATE COLLEGE
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Tanza,Boac, Marinduque
School of Education

MATERIAL REQUISITION AND RECEIVING PRODUCTS

Department

Requires New Purchase

Materials Order

Material Requisition and

Receiving Products

Deliveries Receiving

Materials

Making Approval of

Payments Invoice

Figure 18: Material requisition and receiving Products

A requisition automatically starts the purchasing process and informs the purchasing
department of the need for the purchase of materials. It is prepared if the store items are below or

39
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
purchasing minimum level of stock. A typical purchase requisition contains details such as
number, data, department, quantity description, specification, signature of the person initiating
requisition, and signature of one or more officers approving the purchase Copies of the purchase
requisition are sent to the purchasing department and accounting department.

THE VANGUARDS
PURCHASE REQUISITION

Purchase Requisition No:___________


Purchase Order No:_______________
Date:____________________________
Department:______________
Delivery Required:_____________

Item No. Quantity Particulars of Grade Quality Remarks


Articles

______________ _______________ _____________


Requested by: Checked by: Approved by:

Figure 19: Example of Purchase Requisition

After the requisition is received and approved, the purchasing department can start to
place order with supplier. The order should clearly state the materials required and the price and
provide information, such as delivery period and the department for whom the materials are
purchased. Copies of the purchase order are sent to the departments concerned (which send the
purchase requisition). Copies, of the purchase requisition and the purchase order are sent to the
accounting department, to be used in checking the supplier’s invoice when a voucher is being
prepared for payment. When the products are delivered, the receiving department performs the
function of unloading and unboxing the items. They are also responsible for counting the
materials, making physical inspection of goods, making a record, notifying the purchasing
department of discrepancies discovered and damage in transit.
40
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
Invoice approval is an important step in materials control it indicates that if the goods or
equipment received are not the type ordered, or not in accordance with specifications or
damaged, the purchasing department issues a return order indicating that the goods are to be
returned to the supplier. After the purchase invoice total is approved, the process of making
payment begins. Payment depends on the terms agreed upon on any particular order, and any
term which differs from normal practice should be considered individually.

41
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
STORAGE SYSTEM AND CONTROL

Inventory Control

Inventory
Contents
Warehouse
Storage Plan
Floor Inventory

Stocktaking Actual Inventory


Control Target
Book Inventory

Inventory Control Dead Stock


Inventory Status
Sleeping Stock

Order

Figure 20: Inventory Control

The Vanguards’ Sales, Operational and Production departments want to regulate and
maximize the firm’s inventory using the above inventory control system. They aim to maximize
profits with a minimum inventory investment, without influencing negatively the customers’
level of satisfaction. In addition to this, the above system will be used to monitor proper
allocation of the stocks ensuring that everything is accounted allotted at the right place.

42
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
SHIPPING SYSTEM AND CONTROL

As general looking at the aspect of an organization, most of companies have its sales
division and production division independently, enabling each division to focus on selling
activities and producing works, respectively. The sales division is usually responsible for the
order receiving and shipping works in small-to-midsize firms. However, in enterprises where the
sales division is structurally independent as sales company, these works are handled by such
divisions as management and distribution. Here the order information received from customer is
sent as an inquiry or job order from the sales division to the production division in response to
which a service is provided. Moreover, the specifications, quality, price, the amount of the
product ordered receive from the sales division are required to be ensured as well.

FUNCTION OF SUPPORT SERVICE

One of the keys to an organization’s success is the function of support services but their
activities need to be aligned to make the delivery of organizational goal be efficient and
effective. To have a successful service and good quality to the customers/clients giving a month
or a time of training for the employers will help to increase or sustain the success of a business.

43
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education

VIII. MARKETING PLAN

Product

Vanguard’s team proposed the following products; Crispy Taro Chips & Fries, Veggie-Fruit
Shake and Online Printing Service.

Place

The Vanguards’ printing shop will be located inside the campus of MSC at Nursing Building
while Vanguards’ Veggie-Fruit Shake and Crispy Taro Chips & Fries will be located inside the
campus of MSC at Laboratory School Quadrangle or near ICTSC.

Price

The suggested price for each products and service are given below;

Table 9: The suggested price for Taro chips and fries


Vanguards Crispy Taro Chips

Size: Suggested Price: ( For all flavors)


Small Php 12.00
Medium Php 20.00
Large Php 28.00
Vanguards Taro Fries
Size: Suggested Price: ( For all flavors)
Small Php 15.00
Medium Php 25.00
Large Php 35.00

44
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education

Table 10: The suggested price for veggie-fruit shake


Veggie-fruit shake
Size: Suggested Price (for all kinds):
Small Php 25.00

Table 11: The suggested price for online printing service


Online Printing Service
Size: Suggested Price: ( for colored black)
Small Php 1.00
Long Php 1.50

For delivery

Size: Additional fee: ( for colored black)

Short Php 2.00

Long Php 3.00

Colored Pictures

Size: Suggested Price:

Short

Php 5.00

45
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education

Php 10.00

Long

Php 7.00

Php 12.00

For delivery

Size: Additional fee: ( for colored)

Short Php 2.00

Long Php 3.00

46
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education

Promotion

Vanguards Product and Services will promote their Crispy Taro Chips and fries, Veggie-fruit
shake and Online printing service, through social media and actual promotion. They will also
have their video and audio advertisement that will be viewed around the Marinduque State
College. Likewise they will provide flyers and poster for the detailed awareness of the customer.

Figure 21: Vanguards Products and Services Facebook page

People

The target customers are the students, faculties and community at large.

47
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education

Packaging

Vanguards packaging will be non-costly, for taro chips, fries and veggie-fruit shake paper cup
will be use. The pictures below are the labels that will be put in the packaging.

Figure 22: Vanguards Products and Services labels for packaging

Positioning

Through the use of promotion, price, place and product, these will creates an image for
intended products and services. The target market will be the students; faculties and community
at large, to create a good name and reputation, finest capabilities of the staffs and quality of
products and services will be given and provided.

48
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education

SWOT ANALYSIS

STRENGTHS WEAKNESSES
 Vanguards products and services offer  The raw materials for taro (San
a healthy snack and smoothie with an fernando) and veggie-fruit shake needs
affordable price. to be preserved.
 Vanguards online printing service is  Consume high electricity because of the
time-saving and hassle-free printing equipment like refrigerator, blender,
services that will benefits students and printer, etc.
faculty.(It operates through gmail and it  Limited capital
could be delivered.)  Having no market share as the business
 Our workplace and office is accessible is still a new entrant in the market.
because it is nearby the school area.  Conflict of principals’ schedule in
 Inclination of the principals’ strand school and in managing the business.
(ABM) to Business Management.
 Availability of product variations,
Vanguards offers crispy taro chips,
fries and veggie-fruit shake with
different choices of flavors and mix
veggie-fruits.
 Good and eco-friendly packaging of
products.
 Existence of very own logo and tagline
 Possession of time management skills
 Long shelf-life of products especially
the taro chips. Rest assured that the
crispiness stays the same up to 3 days.
 Use of social media as a means to
promote the products.
 Vanguards have their own equipment’s
and tools, some are rented and some are
bought for a low price.
 The equipment’s and tools that will be
use by the team for processing the
product and services are rented for a

49
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
cheaper price.

OPPORTUNITIES THREATS
 Being exposed to trade fairs, food  Availability of supplies.
exhibits and seminars.  Changing customers’ taste and
 The product is unknown and doesn’t preferences
exist in the market; it could be an  Existence of numerous competitors
opportunity for the Vanguards team to  Possibility of other new entrants in the
introduce new products and services market.
that will likely to pass the taste of the  Availability of substitute products.
“masa.”  Price inflation of main ingredients
 Many substitute ingredients can be  Possibility of power failures
used.  Possibility of calamities
 Complacent competitors which can
help our products to stand out in the
market.
 Exposure of the proprietors to different
seminars related to business
management.
 Availability of substitute raw materials
which are cheaper.

Matching Strengths to Opportunities/Converting Weaknesses and Threats

50
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
WEAKNESSES STRENGTHS, OPPORTUNITIES and other
STRATEGIES
 The raw materials for taro (San  Vanguards have their own equipment’s such
fernando) and veggie-fruit shake as refrigerator, blender and other tools, some
needs to be preserved. are rented and some are bought for a low
price.
 Consume high electricity because of  Possession of budgeting skills
the equipment like refrigerator,  The equipment’s and tools that will be use by
blender, printer, etc. the team for processing the product and
services are rented for a cheaper price.
 Minimize the use of electricity, for example,
turn-off the ref, if it doesn’t have any load.
 Limited capital  Inclination of the principals’ strand (ABM)
to Business Management
 Possession of budgeting skills
 Exposure of the proprietors to different
 Having no market share as the  seminars related
Availability to business
of product management.
variations
business is still a new entrant in the  Good and eco-friendly packaging of products.
Market  Existence of very own logo and tagline
 Long shelf-life of products.
 Being exposed to trade fairs, food exhibits and
seminars.
 Inclination of the principals’ strand (ABM)
to Business Management
 Exposure of the proprietors to different
seminars related to business management.
 Use of social media as a means to promote
 Conflict of principals’ schedule in  Possession of time management skills
school and in managing the business

THREATS STRENGTHS, OPPORTUNITIES and other


STRATEGIES

51
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
 Availability of raw materials  Availability of substitute raw materials
supplies.

 Changing customers’ taste and  Availability of product variations


Preferences  Offering different product flavors

 Existence of numerous competitors  Complacent competitors can help our


who already have market share. products to stand out in the market.
 Exposure of the proprietors to different
seminars related to business management.
 Being exposed to trade fairs, food exhibits and
seminars.
 Inclination of the principals’ strand
(ABM) to Business Management
 Availability of product variations
 Good and eco-friendly packaging of products
 Existence of very own logo and tagline
 Possibility of other new entrants in  Use of social
Exposure media
of the as a means
proprietors to promote
to different
the market since the entry barrier is seminars related to business management.
weak  Inclination of the principals’ strand (ABM)
to Business Management
 Availability of product variations
 Existence of very own logo and tagline
 Good and eco-friendly packaging of products.
 Availability of substitute products
 Availability of product variations
 Good and eco-friendly packaging of products
 Existence of very own logo and tagline

 Price inflation of main ingredients  Availability of substitute raw materials


which are cheaper.
 Increase prices of finished products but
with the same quality.
 Possibility of power failures  Availability of ice which are sold even
during blackouts.

52
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
 Possibility of calamities  . Availability of substitute raw materials

IX. FINANCIAL PLAN

PROJECTED STATEMENT OF COMPREHENSIVE INCOME

For two months of Vanguard’s Products and Services operation, the proprietors will have
a projected sales amounting to Php 48,282. 00 and Php 18,804 which includes the purchase of
supply, rent expense, transportation, utilities expense, uniform expense and salaries expense.
Therefore, the projected net income of the proprietors will be Php 29,478. 00.

Vanguard’s Products and Services


Projected Comprehensive Income
For the month ended May 2019

Note
Sales 1 48,282.00
Cost of Sales 2 13,530.00
53
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
Gross Profit 34,752.00
Expenses
Rent 3 630.00
Transportation 264.00
Utilities 4 930.00
Uniform 3,450.00
Net Income 29,478.00

PROJECTED CASH FLOW STATEMENT


The collections during the operation will be Php 48,282.00, while the net cash gain cost
Php 43,008.00. Thus, the cash ending will be Php 43, 008.00

Vanguards’ Products and Services


Projected Cash Flow Statement
For the month ended May 2019

Receipts (Collections) 48,282.00


Operating Expense 13,530.00
Expenses
Rent 630.00
Transportation 264.00
Utilities 930.00
Uniform 3,450.00
Total Expenses
Net Cash Gain/Loss 5274.00
54
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
43008.00
Add: Investment -
23,613
Cash, Beginning
Cash, Ending 53,091.00

PROJECTED STATEMENT OF CHANGES IN EQUITY


The figure below shows the computation for the changes in equity, where the capital to
be invested will be 23,613.00. The projected net income is Php 29,478.00 from the operation
during the month of March to May 2019. No drawings will be done during the operation, thus
the ending capital/projected equity by the proprietors as of April 2019 will be Php 53,091.00.

Vanguards’ Products Services


Projected Statement of Changes in Equity
For the month ended May
Note
Capital 5 23,613.00
RETAINED EARNINGS (DEFICIT)
Beginning Balance -
Net Income 29,478.00
Ending Balance 29,478.00
Total Capital 53,091.00
55
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education

PROJECTED STATEMENT OF FINANCIAL POSITION


The computation below shows the total asset of the Vanguards’ Products and Services
amounting Php 51,242.00, while the amount of the total liabilities is Php 4,847.00 and the total
amount of capital is Php 46,395.00, giving the total amount of Php 51,242.00 which is equal to
the amount of total asset.
Vanguards’ Product and Services
Projected Statement of Financial Position
For the month ended May 2019

ASSETS
Current Assets
Cash 48,282.00
Trade and Other Receivables -
Inventories 560.00
Total Current Assets 48,842.00
Property and Equipment – net 2,400.00

56
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
Total Non-Current Assets 2,400.00
TOTAL ASSETS 51,242.00

LIABILITIES & CAPITAL


Current Liabilities
Trade and Other Payables 4,847.00
Total Current Liabilities 4,847.00
Total Liabilities 4,847.00
Capital 23,613.00
Retained Earnings (Deficit)
Unappropriated 17602.00
Appropriated 5,180.00
Total Capital 46,395.00
TOTAL LIABILITIES & EQUITY 51,242.00

PROJECTED NOTES AND DISCLOSURE


The notes and disclosure shows all items that were not listed on the projected,
comprehensive income, projected changes in equity, projected cash flow statement and projected
financial position.
Note 1 Sales from Taro Chips 24,192.00
Sales from fruit shake 14,400.00
Sales from Online printing 9,690.00
Total 48,282.00

Note 2 Purchase of Taro 1220


Purchase of Cooking Oil 300
Purchase of Cheese Powder 110
Purchase of Barbecue Powder 110
Purchase of Sour and Cream Powder 110
Purchase of Ketchup 150
Purchase of Mayonnaise 420
Purchase of Paper Plate 1500
Purchase of Paper Cup 800
57
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
Purchase of Ice 660
Purchase of canned Milk (Evap) 620
Purchase of Straws 40
Purchase of LPG (small) 1570
Purchase of Bond Paper (Long) 960
Purchase of Bond Paper (Short) 900
Purchase of Ink 1400
Purchase of Apple 650
Purchase of Carrots 380
Purchase of Cucumber 430
Purchase of Calamansi 150
Purchase of Mango 550
Purchase of Sweet Potato 300
Purchase of Orange 200
Total 13,530

Note 3 Rent Expense for Printer 300.00


Rent Expense for Ice Crasher 60.00
Rent Expense for Blender 120.00
Rent Expense for Kitchen Utensils 120.00
Rent Expense for Double-Burner 30.00
Total 630.00

Note 4 Electricity 650


Water 280
Total 930

Note 5 Shekinah Faith Requintel 1000


Kollen Aquino 1000
Jackie Lou Reynoso 1000
Chervil Apoyan 1000
Khyte Ivy Love Peña 1000
Rowy Ann Gallo 1000
Angel Raizzadhel Ricohermoso 1000
Mariel Donna Rioflorido 1000
Paulene Malangis 1000
Ma. Ingrid Nicole Belda 1000
Medelyn Merencillo 1000
Elizabeth Bundalian 1000

58
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
Maria Beatrice Mogol 1000
Carla Jane Lasac 1000
Vhiea Marciano 1000
Erika Semilla 1000
Maricar Andrin 1000
Maria Christine Sarile 1000
Lance Labog 500
Mark Truman Abling 500
Ruth Estrella 1000
Lerina Lancion 1000
Maria Elieze Marciano 1000
Emergency Fund 1613
Total 23,613.00

NOTES TO FINANCIAL STATEMENT

The table below shows the projected monthly cost of production incurred in the business.
The month of March will get the high record of expenses because the first month covers the
expenses of the equipment’s needed for the business.

Schedule A. Cost of Production


ITEMS COST
Purchase of Taro 1220
Purchase of Cooking Oil 300
Purchase of Cheese Powder 110
Purchase of Barbecue Powder 110
Purchase of Sour and Cream Powder 110
Purchase of Ketchup 150
Purchase of Mayonnaise 420
Purchase of Paper Plate (Taro Fries and Chips) 1500
Purchase of Paper Cup (Shake) 800
Purchase of Apple 650
Purchase of Carrots 380
59
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
Purchase of Cucumber 430
Purchase of Calamansi 150
Purchase of Mango 550
Purchase of Sweet Potato 300
Purchase of Orange 200
Purchase of Ice 660
Purchase of canned Milk (evap) 620
Purchase of Straws 40
Purchase of LPG (11 kg.) 1570
Purchase of Bond Paper (Long) 960
Purchase of Bond Paper (Short) 900
Purchase of Ink 1400
Transportation 264
Rent Expense for Double-Burner 30
Rent Expense for Printer 300
Rent Expense for Ice Crasher 60
Rent Expense for Blender 120
Uniform Expense 3,450
Rent Expense for Kitchen Utensils 120
TOTAL OUTFLOWS 17,874.00

Schedule B. TOOLS/UTENSILS
The table below shows the tools and utensils needed for the business and its price.

Existing
Tools and Utensils Quantity Price/Unit Cost
Frying Pan 1 30.00 30.00
Knife 2 10.00 20.00
Spatula/Siyansi 2 15.00 30.00
Bowl 2 15.00 30.00
Cooler 1 20.00 20.00

60
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
Total Cost 7 90.00 120.00

Schedule C. Schedule of Sales


The computation below shows the sales of the business per month. The projected sales
are in the month of March to May amounting, Php86,526.00.

MONTH PRODUCTS NO. OF PRICE/ PIECE SALES


CUSTOMERS/
DAY
March Taro Chips
Small 22 x 21 days 12.00 5544.00
Medium 12 x 21 days 20.00 5040.00
10,584.00

Vegie-Fruit Shake
Small 12 x 21 days 25.00 6,300.00
Online Printing
Long (30 x 2) 11 days 1.50 1,890.00
Short (50x2) 11 days 1.00 2,100
3,990.00
April Taro Chips
Small 22 x 19 days 12.00 5016.00
Medium 12x 19days 20.00 4560.00
9,576.00

Vegie-Fruit Shake
Small 12 x 19 days 25.00 5,700.00
61
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education
Online Printing
Long (30x2) 19 days 1.50 1,980.00
Short (50x2) 19 days 1.00 2,200.00
4,180.00
May Taro Chips
Small 22 x 8 days 12.00 2112.00
Medium 12 x 8 days 20.00 1920.00
4,032.00

Vegie-Fruit Shake
Small 12 x 8 days 25.00 2,400.00
Online Printing
Long (30x2) 8 days 1.50 720.00
Short (50x2) 8 days 1.00 800.00
1,520.00
TOTAL 48,282.00

62
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education

FINANCIAL STATEMENT ANALYSIS

Vanguards’ Products and Services


Projected Financial Ratios
For the month ended May 2019

Return on Investment Net Income 1.25 125 % FAVORABLE


29,478.00
Capital 23,613.00

Working Current Asset 48,282.00 FAVORABLE


Capital 43435.00
Minus Current 4,847.00
Liabilities

Current Current Asset 48,282 .00 9.96 FAVORABLE


Ratio
Current 4,847.00
Liabilities

Debt Ratio Total Liabilities 4,847.00 0.09 FAVORABLE


Total Assets 51,242 .00

Debt-to- Total Liabilities 4,847.00 0.10 FAVORABLE


Equity
Total Equity 46,395.00

63
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!
MARINDUQUE STATE COLLEGE
Accountancy Business and Management
Tanza,Boac, Marinduque
School of Education

PRICING STRATEGY

Total
Product Name Cost/Productio Quantity Mark-up Price/Unit
n
Taro Chips
Small 160 26 96% Php12.00
Medium 125 13 100% Php20.00
Vegie-Fruit Shake
Small 411 37 100% Php25.00
Online Printing
Short 37.50 50 34% Php1.00
Long 50 50 50% Php1.50

Note: For Online Printing, there will be additional payment for both long and short bond paper
for labor and load for internet. That will be Php2.00 for short and Php 3.00 for long.

64
MSC VISION: Marinduque State College is a research-driven higher education institution pursuing excellence and innovation by 2025.
MSC MISSION: Marinduque State College is committed to pursue progressive and innovative lifelong education founded on humanistic, professional
and technologically advanced programs across cultures and communities by establishing centers of excellence and development and research-driven
outreach programs.
BUILD A BRIGHTER FUTURE WITH MSC!

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