FINANCIAL FORECASTING

Monthly budget forecast

OPERATING EXPENSES (OPEX)

CAPITAL EXPENSE
No. Expense account Description
Variable Costs Fixed Costs (CAPEX)

VARIABLE COSTS
A. Raw Material requirement
Cracker 7 pack cracker 57.30*24*12 115,516.80
Flavored Sauce 3 can 65*24*12 56,160.00
Cupcake Cup 1 pack 27*24*12 7,776.00
Toppings
sprinkles (125 grams for P25) (50 grams)10*24*12 2,880.00
pearl (100 grams for P35) (20 grams)7*24*12 2,016.00
mallows 3 pack 30*24*12 8,640.00

Total Direct materials purchases 192,988.80

divided by estimated number of output100*24*12 28,800
Direct Materials cost per unit of output 99.00
B. Labor requirement Cost of labor per production per year
Choco bomb per hour labor (3 days pe (46.00/ph *1hr and 30 mi)*12 19,872.00

Total Direct Labor cost per month 19,870.00

divided by estimated number of output200*12*12 28,800
 Driect Labor cost per unit of output 0.69
C. Production overhead
Packaging 3*100*24 7,200.00
Electricity (prod'n) 700*20%=140 \12 12.00
Water (prod'n) 350*20%=70\12 6.00
Total Production Overhead per month 7,218.00
divided by estimated number of output100*24 2,400
Production Overhead per unit of output 3.01
Total Variable Costs per month 238,480.00
FIXED COSTS
D. General and Administrative expenses
Water (350*20%) 70*12 1,680.00
Electricity (700*20%) 140*12 840.00
Office Supplies -
Transportation Expense -
Marketing expense -
Miscellaneous -
Amortization-Pre-Operating Cost See (F) -
Depeciaion
Total Montly Budget 2,520.00
CAPEX
E. Fixed Assets
Tools Mixing Bowl 99.00
Wooden Spoon 20.00
Tray 54.00
 Can Opener 55.00
Gloves 30.00
Total 258.00
F. Pre-Operating Costs
Permits and Licenses -
Other pre-operating expenses -

Total -
year 2 year 3
-
- -
- -
- -
 0
estimated useful life annual depreciation

5 -
5 -
5 -
5 -

5 -
5 -
5 -
Projected Production and Sales per unit
YEAR FINANCIAL ASSUMPTIONS
1 2 3 %
I. Projected number of produciton per unit
Product A
Daily yield (kilo) 100.00 1.00 1.00 5%
members 320 320 320
No. of Months 12 4 4
Production 384,000 1,280 1,280

II. Projected Sales in Peso

Sales
Sales in Units 384,000 403,200 423,360
Selling Price 240.00 252 265 105%
Sales in Pesos 92,160,000 101,606,400 112,021,056

III. Raw Materials Costs per unit

Productions 384,000 1,280 1,280

Ave. Raw Materials Cost 99.00 103.95 109.15 105%
Raw Materials Purchases 38,016,000.00 133,056.00 139,708.80

IV. Direct Labor Cost per unit

Monthly Rate 19,870 - -
No. of Months 4 4 4
Direct Labor 79,480 - -

IV. Manufacturing Overhead

Packaging 86,400.00 90,720.00 95,256.00 105%
Electricity (prod'n) 144.00 144.00 144.00 1
 Water (prod'n) 72.00 72.00 72.00 1
Total Overhead 86,616.00 90,936.00 95,472.00

V. Selling, General, & Admin Expenses

Water 20,160.00 - -
Electricity 10,080.00 - -
Office Supplies - - - 105%
Transportation Expense - - - 105%
Marketing expense - - - 105%
Miscellaneous - - -
Amortization-Pre-Operating Cost - - -
Depreciation Expense - - -
Total Selling, Gen & Admin. Exp. 30,240.00 - -
FINANCIAL ASSUMPTIONS

Increase in production by 10% annually

Increase in Selling Price by 5% annually

(sample selling price only)

Increase in the average cost of raw materials by 5% annually

Increase in the cost of labor by P50 per day

Increase in the production overhead costs by 5% annually

Increase in the Selling, General, & Admin Costs by 5% annually
 Mushroom Best
PROJECTED INCOME STATEMENT

Year 1 Year 2 Year 3

Sales 92,160,000 101,606,400 112,021,056

Less: allowance for discounts 4,608,000 5,080,320 5,601,053
Gross Sales 87,552,000 96,526,080 106,420,003

Less: Cost of Sales

* Direct Materials
Beginning Inventory - 1,900,800 6,653
Raw Materials Purchases 38,016,000 133,056 ###
139,709
Total Goods available for sale 38,016,000 2,033,856 146,362
Less: Ending Inventory 1,900,800 6,653 6,985
Direct Materials 36,115,200 2,027,203 139,376
* Direct Labor 79,480 - -
* Manufacturing Overhead 86,616 90,936 95,472
Cost of Goods Sold 36,281,296 2,118,139 234,848

Gross Profit 51,270,704 94,407,941 106,185,155

Less: Selling, General & Admin. Expenses

Water 20,160 - -
Electricity 10,080 - -
Office Supplies - - -
Transportation Expense - - -
Marketing expense - - -
Miscellaneous - - -
Amortization-Pre-Operating Cost - - -
Depreciation Expense - - -
Total Operating Expense 30,240 - -

Net Income 51,240,464 94,407,941 106,185,155

 CHOCO BOMB
PROJECTED BALANCE SHEET
December XX, 20XX

ASSETS
Cash
Production Materials

LIABILITIES AND CAPITAL

Liabilities

Payables

Partner's Capital
Total Partners Capital
Total Liabilities and Capital