FINANCIAL SCHEDULE

Schedule 1. Taxes, Permits and Licenses

2023 (10
Particulars 2024 2025 2026 2027
months)
Barangay
Business Permit 200.00 200.00 200.00 200.00 200.00
Police Clearance 160.00 160.00 160.00 160.00 160.00
Business Tax
Clearance 50.00 50.00 50.00 50.00 50.00
Documentary
Stamp 30.00
Mayor's Permit 105.00 105.00 105.00 105.00 105.00
Health and
Sanitary Permit 90.00 90.00 90.00 90.00 90.00
Municipal License
Fee 500.00 500.00 500.00 500.00 500.00
Annual Building
Inspection 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00
Signboard Tax 200.00 200.00 200.00 200.00 200.00
Fire Inspection
Fee 650.00 650.00 650.00 650.00 650.00
Community Tax
Certificate 4,171.75 6,057.38 7,329.44 8,868.62 10,731.03
DTI Registration 200.00
BIR Registration 500.00 500.00 500.00 500.00 500.00
TOTAL ₱ 9,856.75 ₱ 11,512.38 ₱ 12,784.44 ₱ 14,323.62 ₱ 16,186.03

64
Schedule 2. Net Sales

2023 (10
Particulars 2024 2025 2026 2027
months)

Sales ₱ 4,171,752.46 ₱ 6,057,384.58 ₱ 7,329,435.34 ₱ 8,868,616.76 ₱ 10,731,026.28

Less: Sales
Discounts
125,152.57 181,721.54 219,883.06 266,058.50 321,930.79
Net Sales ₱ 4,046,599.89 ₱ 5,875,663.04 ₱ 7,109,552.28 ₱ 8,602,558.26 ₱ 10,409,095.49

Schedule 3. Direct Labor (Salaries and Fringe Benefits of Production Worker)

2023 (10
Particulars 2024 2025 2026 2027
months)

Salaries -
Production Workers
₱ 276,000.00 ₱ 331,200.00 ₱ 331,200.00 ₱ 331,200.00 ₱ 331,200.00
Fringe Benefits:
13th Month Pay 22,000.00 26,400.00 26,400.00 26,400.00 26,400.00
SSS, PagIbig,
PhilHealth
13,680.00 45,576.00 45,576.00 45,576.00 45,576.00
Total ₱ 311,680.00 ₱ 403,176.00 ₱ 403,176.00 ₱ 403,176.00 ₱ 403,176.00

65
Schedule 4. Cost of Goods Sold

2023 (10
Particulars 2024 2025 2026 2027
months)
Raw Materials ₱ 723,840.00 ₱ 760,032.00 ₱ 798,033.60 ₱ 837,935.28 ₱ 879,832.04
Packaging Materials 1,240,000.00 1,302,000.00 1,367,100.00 1,435,455.00 1,507,227.75
Direct Labor 311,680.00 403,176.00 403,176.00 403,176.00 403,176.00
Factory Overhead 178,939.63 217,707.58 220,828.15 224,096.11 227,518.66
Cost of Goods Sold ₱ 2,454,459.63 ₱ 2,682,915.58 ₱ 2,789,137.75 ₱ 2,900,662.39 ₱ 3,017,754.46

Schedule 4.1. Factory Overhead

Particulars 2024 2025 2026 2027

Production Supplies ₱ 990.00 ₱ 990.00 ₱ 990.00 ₱ 990.00
Production Tools and Utensils 2,170.35 2,278.87 2,392.81 2,512.45
Housekeeping Supplies 1,533.67 1,579.68 1,627.07 1,675.88
Utilities Expense 54,180.00 56,889.00 59,733.45 62,720.12
Gasoline Expense 12,852.00 13,109.04 13,371.22 13,638.65
Rent Expense 135,000.00 135,000.00 135,000.00 135,000.00
Depreciation Expense:
Building Improvements 2,114.25 2,114.25 2,114.25 2,114.25
Production Equipment 3,951.41 3,951.41 3,951.41 3,951.41
Furniture and Fixtures- Production 2,415.90 2,415.90 2,415.90 2,415.90
Delivery Equipment 2,500.00 2,500.00 2,500.00 2,500.00
Total Overhead ₱ 217,707.58 ₱ 220,828.15 ₱ 224,096.11 ₱ 227,518.66

Schedule 5. Depreciation Expense – 2023 (10 months)

66
 Annual Overhead Operating
Particulars Total Cost
Depreciation Costs Expense
Production Equipment ₱ 28,724.25 ₱ 2,304.99 ₱ 2,304.99 -
Furnitures and Fixtures - Production 10,799.58 1,409.28 1,409.28 -
Furnitures and Fixtures - Administrative 7,625.00 1,067.50 - 1,067.50
Office Equipment 19,833.33 2,776.67 - 2,776.67
Delivery Equipment 41,666.67 2,916.67 1,166.67 1,750.00
Building Renovation 2,349.17 1,644.42 1,315.53 328.88
Total ₱ 110,998.00 ₱ 12,119.51 ₱ 6,196.46 ₱ 5,923.05

Schedule 5.1. Depreciation Expense – 2024 to 2027

Annual Overhead Operating

Particulars Total Cost
Depreciation Costs Expense
Production Equipment ₱ 34,469.10 ₱ 3,951.41 ₱ 3,951.41 -
Furnitures and Fixtures - Production 12,959.50 2,415.90 2,415.90 -
Furnitures and Fixtures - Administrative 9,150.00 1,830.00 - 1,830.00
Office Equipment 23,800.00 4,760.00 - 4,760.00
Delivery Equipment 50,000.00 5,000.00 2,000.00 3,000.00
Building Renovation 28,190.00 2,819.00 2,255.20 563.80
Total ₱ 158,568.60 ₱ 20,776.31 ₱ 10,622.51 ₱ 10,153.80

Schedule 6. Administrative Salaries

Particulars 2023 (10 months) 2024 2025 2026 2027

67
Total Administrative Salaries
₱ 168,000.00 ₱ 201,600.00 ₱ 201,600.00 ₱ 201,600.00 ₱ 201,600.00

Schedule 7. Administrative Fringe Benefits

2023 (10
Particulars 2024 2025 2026 2027
months)
13th Month Pay ₱ 14,000.00 ₱ 16,800.00 ₱ 16,800.00 ₱ 16,800.00 ₱ 16,800.00
SSS Contribution 11,520.00 11,520.00 11,520.00 11,520.00
9,600.00
PagIbig Contribution 4,032.00 4,032.00 4,032.00 4,032.00
3,360.00
PhilHealth Contribution 7,200.00 7,200.00 7,200.00 7,200.00
6,000.00
Total ₱ 32,960.00 ₱ 39,552.00 ₱ 39,552.00 ₱ 39,552.00 ₱ 39,552.00

Schedule 8. Rent Expense – 2023 (10 months)

Overhead Operating
Particulars Amount
Cost Expense
Rent Expense (proportion) ₱ 150,000.00 ₱ 120,000.00 ₱ 30,000.00

Schedule 8.1. Rent Expense – 2024 to 2027

68
 Overhead Operating
Particulars Amount
Cost Expense
Rent Expense (proportion)
₱ 60,000.00 ₱ 48,000.00 ₱ 12,000.00

Schedule 9. Deferred VAT/VAT Payable

Particulars 2023 (10 months) 2024 2025 2026 2027

Output VAT
₱
₱ 5,875,663.04 ₱ 7,109,552.28 ₱ 8,602,558.26
Sales ₱ 4,046,599.89 10,409,095.49
Multiply by VAT rate 12% 12% 12% 12% 12%
Output VAT 485,591.99 705,079.56 853,146.27 1,032,306.99 1,249,091.46
Less: Input VAT
Purchases subject to VAT 808,385.45 848,804.73 891,244.96 935,807.21 982,597.57
Multiply by VAT rate 12% 12% 12% 12% 12%
Input VAT 97,006.25 101,856.57 106,949.40 112,296.87 117,911.71
Deferred VAT/(Payable VAT) ₱ 388,585.73 ₱ 603,223.00 ₱ 746,196.88 ₱ 920,010.13 ₱ 1,131,179.75

Schedule 10. Utilities Expense - 2023 (10 months)

69
 Overhead Operating
Particulars
Cost Expense
Electrical Consumption ₱ 33,000.00 ₱ 16,800.00
Water Consumption 10,000.00 5,250.00
Internet Consumption 11,200.00
Total ₱ 43,000.00 ₱ 33,250.00

Schedule 10.1. Utilities Expense - 2024

Overhead Operating
Particulars
Cost Expense
Electrical Consumption ₱ 41,580.00 ₱ 30,240.00
Water Consumption 12,600.00 9,450.00
Internet Consumption 20,160.00
Total ₱ 54,180.00 ₱ 59,850.00

Schedule 10.2. Utilities Expense – 2025

Overhead Operating
Particulars Cost Expense
Electrical Consumption ₱ 43,659.00 ₱ 31,752.00
Water Consumption 13,230.00 9,922.50
Internet Consumption 21,168.00
Total ₱ 56,889.00 ₱ 62,842.50

Schedule 10.3. Utilities Expense – 2026

70
 Overhead Operating
Particulars Cost Expense
Electrical Consumption ₱ 45,841.95 ₱ 33,339.60
Water Consumption 13,891.50 10,418.63
Internet Consumption 22,226.40
Total ₱ 59,733.45 ₱ 65,984.63

Schedule 10.4. Utilities Expense – 2027

Overhead Operating
Particulars Cost Expense
Electrical Consumption ₱ 48,134.05 ₱ 35,006.58
Water Consumption 14,586.08 10,939.56
Internet Consumption 23,337.72
Total ₱ 62,720.12 ₱ 69,283.86

Schedule 11. Operating Expense

71
 2023 (10
Particulars 2024 2025 2026 2027
months)
Project Feasibility Study 5,000.00 - - - -
Depreciation Expense 5,923.05 2,538.45 2,538.45 2,538.45 2,538.45
Advertising Expense 2,300.00 4,600.00 4,600.00 4,600.00 4,600.00
Rent Expense 30,000.00 60,000.00 60,000.00 60,000.00 60,000.00
Utilities Expense 33,250.00 59,850.00 62,842.50 59,733.45 69,283.86
Administrative Salaries 168,000.00 336,000.00 336,000.00 336,000.00 336,000.00
Fringe Benefits -
32,960.00 39,552.00 39,552.00 39,552.00 39,552.00
Administrative
Taxes, Permits and
9,856.75 11,512.38 12,784.44 14,323.62 16,186.03
Licenses
Deffered VAT 485,591.99 705,079.56 853,146.27 1,032,306.99 1,249,091.46
Office Supplies Expense 473.33 487.53 502.16 517.22 532.74
Total ₱ 769,355.12 ₱ 1,220,619.93 ₱ 1,372,965.82 ₱ 1,550,571.73 ₱ 1,778,784.53

Schedule 12. Provision for Income Tax

72
 Tax Rate Income Tax
Tax on in Excess Tax in Due/
Excess Over
Year Net Income Lower Limit Lower Over Excess Over Provision
Lower Limit
Limit Lower Lower Limit for Income
Limit Tax
2023 (10
30%
months) 822,785.13 2,000,000.00 402,500.00 1,177,214.87 353,164.46 49,335.54
2024 1,972,127.53 2,000,000.00 402,500.00 27,872.47 30% 8,361.74 394,138.26
2025 2,947,448.71 2,000,000.00 402,500.00 947,448.71 30% 284,234.61 686,734.61
2026 4,151,324.13 2,000,000.00 402,500.00 2,151,324.13 30% 645,397.24 1,047,897.24
2027 5,612,556.50 2,000,000.00 402,500.00 3,612,556.50 30% 1,083,766.95 1,486,266.95

Pili Churros Delight Company

Projected Statement of Financial Performance

73
 For the Years Ended December 31, 2024 - 2028

2023 2024 2025 2026 2027

Net Sales 4,046,599.89 5,875,663.04 7,109,552.28 8,602,558.26 10,409,095.49

Less: Cost of Goods Sold

2,454,459.63 2,682,915.58 2,789,137.75 2,900,662.39 3,017,754.46

Gross Profit 1,592,140.26 3,192,747.46 4,320,414.53 5,701,895.86 7,391,341.03

Less: Operating Expense

769,355.12 1,220,619.93 1,372,965.82 1,550,571.73 1,778,784.53

Net Profit Before Tax 822,785.13 1,972,127.53 2,947,448.71 4,151,324.13 5,612,556.50

Less: Provision For Income

49,335.54 394,138.26 686,734.61 1,047,897.24 1,486,266.95
Tax

Net Profit After Tax 773,449.59 1,577,989.27 2,260,714.10 3,103,426.89 4,126,289.55

Pili Churros Delight Company

Projected Statement of Financial Performance
For the Years Ended December 31, 2024 - 2028

74
 2023 2024 2025 2026 2027
ASSETS
Current Assets:
Cash 692,866.30 2,458,093.33 4,889,206.22 8,200,758.80 12,575,024.75
Deferred VAT 388,585.73 603,223.00 746,196.88 920,010.13 1,131,179.75

Total Current Assets 3,061,316.33 5,635,403.10 9,120,768.92 13,706,204.50

1,081,452.04
Fixed Assets
Property, Plant and 158,568.60 158,568.60 158,568.60 158,568.60 158,568.60
Equipment, net

Less: Accumulated
12,119.51 32,895.82 53,672.13 74,448.44 95,224.75
Depreciation

Net Book Value 146,449.09 125,672.78 104,896.47 84,120.16 63,343.85

TOTAL ASSETS 1,227,901.12 3,186,989.11 5,740,299.56 9,204,889.08 13,769,548.34

LIABILITIES AND OWNER'S EQUITY

LIABILITIES

Current Liabilities:
Income Tax Payable 49,335.54 394,138.26 686,734.61 1,047,897.24 1,486,266.95

75
 VAT Payable - - - - -
Fringe Benefits 35,680.00 71,976.00 71,976.00 71,976.00 71,976.00
Total Current Liabilities 85,015.54 466,114.26 758,710.61 1,119,873.24 1,558,242.95
TOTAL LIABILITIES 85,015.54 466,114.26 758,710.61 1,119,873.24 1,558,242.95

OWNER'S EQUITY
Initial Investment
369,435.99 - - - -
Capital, Beginning Balance - 1,142,885.58 2,720,874.85 4,981,588.95 8,085,015.84
Add: Net Profit After Tax 773,449.59 1,577,989.27 2,260,714.10 3,103,426.89 4,126,289.55
Additional Investment
Total 1,142,885.58 2,720,874.85 4,981,588.95 8,085,015.84 12,211,305.39
Less: Withdrawals - - - - -

Capital, Ending Balance 1,142,885.58 2,720,874.85 4,981,588.95 8,085,015.84 12,211,305.39

TOTAL LIABILITIES AND

1,227,901.12 3,186,989.11 5,740,299.56 9,204,889.08 13,769,548.34
OWNER'S EQUITY

Pili Churros Delight Company

Projected Statement of Cash Flows
December 31, 2023 - 2027
2024 2025 2026 2027 2028

76
Cash Flows Provided by Operations:
Net income After Tax 773,449.59 1,577,989.27 2,260,714.10 3,103,426.89 4,126,289.55
Add: Depreciation 12,119.51 20,776.31 20,776.31 20,776.31 20,776.31
Increase/ Decrease in Liabilities 85,015.54 381,098.72 292,596.36 361,162.63 438,369.71
Deferred Tax 388,585.73 214,637.27 142,973.88 173,813.25 211,169.62
Net Cash Flows Provided by Operations 481,998.92 1,765,227.03 2,431,112.88 3,311,552.58 4,374,265.95
Cash Flows from Investment
- - - - -
Activities:
Acquisition of Fixed Assets 158,568.60 - - - -
Proceeds from Disposal of Fixed Assets - - - - -
Net Cash Flows from Investment
158,568.60 - - - -
Activities
Cash Flows from Financing Activities: - - - - -
Partners' Investments 369,435.99 - - - -
Less: Withdrawals - - - - -
Net Cash Flows from Financing Activities 369,435.99 - - - -
Net Increase/(Decrease) in Cash 692,866.30 1,765,227.03 2,431,112.88 3,311,552.58 4,374,265.95
Add: Cash Beginning Balance - 692,866.30 2,458,093.33 4,889,206.22 8,200,758.80
Cash Ending Balance 692,866.30 2,458,093.33 4,889,206.22 8,200,758.80 12,575,024.75

77
 FINANCIAL ANALYSIS

Year Net Income Net Sales

2023 822,785.13 4,046,599.89
2024 1,972,127.53 5,875,663.04
2025 2,947,448.71 7,109,552.28
2026 4,151,324.13 8,602,558.26
2027 5,612,556.50 10,409,095.49
Total 15,506,242.00 36,043,468.95

A. Average Net Income

= Total Projected Income
Number of Years

= 15,506,242.00
5

= 3,101,248.40

B. Average Net Sale

= Total Projected Sales
Number of Years

= 36,043,468.95
5

= 7,208,693.79

C. Return On Sales
= Average Net Income x 100%
Average Net Sales

= 3,101,248.40 x 100%
7,208,693.79

= 0.43020947916 x 100%

= 43.02%

78
D. Return On
Investment
= Average Net Income x 100%
Total Project Cost

= 3,101,248.40 x 100%
369,435.99

= 8.39454871 x 100%

= 8.39

E. Cash Payback
Period
= Total Projected Cost
Average Net Income

= 369,435.99
3,101,248.40
= 0.12
(1
= 0.12 x 12 = 1.43
Month)
(28
= 0.95 x 30 = 28.5
Days)

1 Month and 28
=
Days

F. Contribution
Margin
= Sales - Variable Cost

= 4,046,599.89 - 2,868,581.32

= 1,178,018.57
G. Contribution Margin Ratio
= Contribution Margin
Sales
= 1,178,018.57
4,046,599.89

79
 = 0.29
H. Contribution Margin Per Unit
= Selling Price - Variable Cost Per Unit
= 59-33.20
= 25.80

I. Break-Even Point Analysis

= Fixed Cost
Contribution Margin Per Unit
= 395,021.36
25.79882731

= 15,311.60

J. Break-Even Selling Price Analysis

= Variable Cost + Fixed Cost

Unit Volume
= 2,868,581.32 + 395,021.36
86,400
= 3,263,602.68
86,400

= 37.77
K. Break-Even Sales Analysis
= Fixed Cost
Contribution Margin Ratio
= 395,021.36
0.29

= 1,356,933.96

80
 BREAK-EVEN POINT ANALYSIS
COMPUTATION OF FIXED AND VARIABLE COST

Fixed Cost Variable Cost

Cost of Sales
Raw Materials 723,840.00
Packaging Materials 1,240,000.00
Direct Labor 311,680.00
Factory Overhead
Production Supplies 990
Production Tools and Utensils 2,067.00
Housekeeping Supplies 1,489.00
Utilities Expense 51,600.00
Gasoline Expense (50%) 12,600.00
Rent Expense (75%) 135,000.00
Depreciation Expense:
Building Improvements (75%) 2,114.25
Production Equipment 3,951.41
Furniture and Fixtures-Production 2,415.90
Delivery Equipment (50%) 2,500.00
Pre-Operating Expense
Project Feasibility Study 5,000.00
Depreciation Expense 5,923.05
Advertising Expense 2,300.00
Rent Expense 30,000.00
Utilities Expense 33,250.00
Administrative Salaries 168,000.00
Fringe Benefits - Administrative 32,960.00
Taxes, Permits and Licenses 9,856.75
Deferred VAT 485,591.99
Office Supplies Expense 473.33
TOTAL 395,021.36 2,868,581.32

81
APPENDICES

82
 Appendix A

Survey Questionnaire

Republic of the Philippines

Bicol University
POLANGUI
Polangui, Albay

Dear Respondents.

The undersigned is a BICOL UNIVERSITY POLANGUI Student taking up

BS Entrepreneurship currently in Third Year presently undertaking a Project

Feasibility Study for the product Pili Churros Delight as partial requirement for

the degree of Bachelor of Science in Entrepreneurship. In this light, may I ask for

your participation as respondents by answering the questions below. Any

information that will be gathered will be treated with utmost confidentiality.

Thank you very much.

Proponent:
Ms. Ana Marie P. Fresnoza

Bicol University – Polangui

Survey Questionnaire

83
Name: _______________________________________________
Age: _________________________________________________
Location/Address: _______________________________________

Direction: Please check the circle that corresponds your answer.

 Do you know what churros are?

o Yes
o No
 Have you tried eating Churros?
o Yes
o No
 How often do you eat Churros?
 Daily
 Weekly
 ‘Monthly
 Yearly
 How much do you like Churros?
o Very much
o I like it
o It's okay
 How many Pili Churros can you consume base on your above answer?
(For example you pick 'Weekly' then you can consume '10' Pili Churros
per week.) _______________________________________
 Do you prefer heated Churros?
 Yes
 No
 What do you prefer as the topping or filling of your Pili Churros?
o Ube
o Strawberry
o Macapuno
 If Pili Churros Delight with the above fillings will be available in the market,
are you willing to buy it?
o Yes
o No

84
 Appendix B
Projected Population

PROJECTED POPULATION BY AGE BRACKET (Age 5-55 years old male

and Female
Target Market Year Population Growth Rate
Polangui 2022 79,700 1.0105
Oas 2022 61,397 1.0117
Ligao 2022 100,638 1.0097

POLANGUI
Year Population Growth Rate Projected Population
2023 79,700 1.0105 80,537
2024 80,537 1.0105 81,382
2025 81,382 1.0105 82,237
2026 82,237 1.0105 83,100
2027 83,100 1.0105 83,973

OAS
Year Population Growth Rate Projected Population
2023 61,397 1.0117 62,115
2024 62,115 1.0117 62,842
2025 62,842 1.0117 63,577
2026 63,577 1.0117 64,321
2027 64,321 1.0117 65,074

LIGAO
Year Population Growth Rate Projected Population
2023 100,638 1.0097 101,614
2024 101,614 1.0097 102,600
2025 102,600 1.0097 103,595
2026 103,595 1.0097 104,600
2027 104,600 1.0097 105,615

85
 Appendix C

Computation of Sample Population

Formula:

N=___n___

1+n(e)2

Where N= Total population of selected municipalities

n= Sample size of respondents

e= Level of error

N=___244,266____

1+244,266(0.10)2

= ___244,266____

1+244,266(0.01)

=___244,266____

2,442.67

= 99.99 or 100

86
 Appendix D

Computation for Percentage of Willingness to Buy

Location Number of Respondents Number of Willingness to Buy

Polangui 33 33

Oas 25 22

Ligao 42 40

Total 100 95

Percentage of Willingness to Buy= Total No. of Respondents Willing to Buy x

100
Total No. of Respondents

= _________95__________ x100
100

= 95 responents

87
 Appendix E

Computation of Respondents

Formula: _________N________ x Target Population of Selected Municipalities

Total Target Population

Polangui: ___80,537___ x 100

244,266

= 33 respondents

Oas: ____62,115___ x 100

244,266

= 25 respondents

Ligao: ____101,614___ x 100

244,266

= 42 respondents

88
 Appendix F.1

Computation of Average Per Capita Consumption

Polangui – 33 respondents

No. of Respondents Daily Weekly Monthly Annually

Willing to (x7) (x4) (x12)
Buy
33 9(2) 18 126 504 6,048
11(5) 55 220 2,640
5(9) 45 540
8(13) 104
Total 9,332

Dail
Resp. y
1 3
2 3
3 4
4 2
5 2
6 2
7 2
8 3
9 3
Total 24
Average
: 2
Yearl
Weekl Resp. y
Resp. y Resp. Monthly
1 25
1 6 1 13
2 11
2 6 2 10
3 8
3 8 3 9
4 6
4 5 4 7
5 14
5 4 5 5
6 8
6 10 Total 44
7 3 Average 9 7 13

89
 :
8 20
8 3
Total 105
9 5
Average
: 13
10 6
11 3
Total 59
Average
: 5

Appendix F.2 Resp. Monthly

1 2
2 3
Computation of Average 3 2 Per Capita Consumption
4 2
5 3
Oas – 22 respondents 6 1
7 2
No. of Respondents Total
Daily 15
Weekly Monthly Annually
Willing to Average
(x7) (x4) (x12)
Buy : 2
22 3(2) 6 42 168 2,016
8(2) 16 64 768
7(2) 14 168
4(3) 12
Total 2,964

Resp. Daily
1 2
2 2
3 2
Total 6
Average: 2
Resp. Weekly
1 2
2 2
3 1
4 2
5 3 Resp. Yearly
6 2 1 3
7 2 2 3
8 2 3 2
Total 16 4 2
Total 90 10
Average: 2
Average: 3
 Appendix F.3

Computation of Average Per Capita Consumption

Ligao – 40 respondents

No. of Respondents Daily Weekly Monthly Annually

Willing to (x7) (x4) (x12)
Buy
40 7(2) 14 98 392 4,704
11(4) 44 176 2,112
18(3) 54 648
4(11) 44
Resp.
Total Daily 7,508
1 2
2 2
3 3 Resp. Monthly
4 4 1 3
5 2 2 3
6 2 3 3
7 2 4 3
Total 17 5 3
Resp. Yearly
Average: 2 6 5
1 5
Resp. Weekly 7 5
2 5
1 3 8 1
3 30
2 4 9 2
4 2
3 11 10 1
Total 42
4 2 11 1
Average: 11
5 2 12 5
6 4 13 6
7 2 14 2
8 2 15 3
9 4 16 91 1
10 3 17 3
11 2 18 2
Total 39 Total 52
Average: 4 Average: 3
 Appendix F.4

Computation of Average Per Capita Consumption

Municipality Annual Consumption

Polangui 9,332

Oas 2,964

Ligao 7,508

Total 19,804

APC=_____Total Annual Consumption_____

No. of Respondents Willing to Buy

= ___19,804___
95

APC = 208 Average Per Capita Consumption

92
 Appendix G.1

Computation of Electricity Consumption in Production Area

No. of
No. of Hours Power
Machines Items KW Used KWh Rate
Churro
Machine
With Fryer 1 5 7 35 14
Cream
Injector
Machine 1 0.85 7 5.95 14
Electric
Mixer 2 0.75 5 3.75 14
Ceiling Fan 2 0.35 8 2.8 14
Light Bulb 2 0.42 8 3.36 14

Cost Cost
Weekl Cost Annuall
Cost Daily y Monthly y
2,459. 118,074.
491.98 89 9,839.55 60
20,072.6
83.64 418.18 1,672.72 8
12,650.8
52.71 263.56 1,054.24 5
39.36 196.79 787.16 9,445.97
11,335.1
47.23 236.15 944.60 6
TOTAL: 3,574. 171,579.
714.91 57 14,298.27 26

93
 Appendix G.2

Computation of Electricity Consumption in Administrative Area

No. of
No. of Hours Power
Machines Items KW Used KWh Rate
Laptop 1 0.15 2 0.3 14
Internet 1 0.018 5 0.09 14
Ceiling Fan 2 0.35 7 2.45 14
Light Bulb 2 0.42 7 2.94 14
Printer 1 0.012 2 0.024 14

Cost Cost Cost

Cost Daily Weekly Monthly Annually
4.22 21.08 84.34 1,012.07
1.27 6.33 25.30 303.62
34.44 172.19 688.77 8,265.22
41.33 206.63 826.52 9,918.27
0.34 1.69 6.75 80.97
TOTAL: 81.58 407.92 1,631.68 19,580.14

94
 Appendix H

Minimum Wage Rate in Bicol Region

95
 Appendix I

Fringe Benefits Contribution Table

2023 SSS Contribution Table

96
2023 PhilHealth Contribution Table

2023 PAG-IBIG Contribution Table

97