l

FINANCIAL PLAN

Milo Ice Pop will need a money maximum of Php 7,069 to start the production in the market. This
money will largely be used to promote marketing growth.

Table 1A. Projected expenses for the equipment for the month of January, the first month of running
the business.

Name of Material Unit Price Quantity No. of Days Total

Fixed Cost
Gas Php 1, 160 1 tank 1 Php 1, 160
Ref and Electricity Php 200 1 ref 1 Php 200
Ladle Php 15 1 pc 1 Php 15
Ice wrapper Php 10 2 pack 1 Php 20
Spoon Php 5 1 pc 1 Php 5
Funnel Php 20 1 pc 1 Php 20
Cooking Pot Php 64 1 pc 1 Php 64
Measuring Cup Php 25 1 pc 1 Php 25
A. Total Fixed Php 1,509
Cost

Table 1A. Shows the quantity and prices of the equipment needed for the first month of actual business
operation.

Table 1B. Projected expenses for the raw materials for the month of January, first month of running the
business.

Variable Cost Unit Price Quantity Total Total No. of Total Cost
Raw Materials Operating
Days
Condensed Milk Php 35 2 cans Php 70 20 Php 1,400
Evaporated Php 50 2 cans Php 100 20 Php 2,000
Milk
Water Php 12 1 bottle Php 12 20 Php 240
Milo Powder Php 11 6 pcs Php 66 20 Php 1,320
Corn Starch Php 30 ½ kilo Php 30 20 Php 600
B. Total Php 5,560
Variabl
e Cost
(A+B) Total Cost Php 7,069
 of Production

Table 2A. Shows all the projected expenses of Milo Ice Pop for the months of February to December.

Product/ Unit Price Quantity Total No. of Days Total Cost

Service Fixed
Cost
Gas Php 1, 160 1 tank Php 1,160 1 Php 1,160
Ice Wrapper Php 10 2 pack Php 20 1 Php 20
Ref and Php 200 1 ref Php 200 1 Php 200
electricity
A. Total Php 1,380
Fixe
d
Cost

Table 2B. Projected expenses of Milo Ice Pop for raw materials for the month of February to December.

Variable Cost Unit Price Quantity Total Total No. of Total Cost
Raw Materials Operating
Days
Condensed Milk Php 35 2 cans Php 70 20 Php 1,400
Evaporated Php 50 2 cans Php 100 20 Php 2,000
Milk
Water Php 12 1 bottle Php 12 20 Php 240
Milo Powder Php 11 6 pcs Php 66 20 Php 1,320
Corn Starch Php 30 ½ kilo Php 30 20 Php 600
A. Total Php 5,560
Variable
Cost
A.&B. Total Cost Php 6,940
of Production

Table 3A. Project Volume and Revenue

The startung projected volume and revenue for the whole first year of running the business at Php
7 selling price.

Daily Daily Monthly Monthly Yearly Total Cost

Volume in Revenue Volume Revenue Volume
Pieces (Pieces) Pieces
60 Php 420 1, 200 Php 8,400 14,400 Php 100,800
Table 3A. Shows the projected volume and revenue of each month in the first yeat of running a
business. It indicates the projected volume and revenue daily and for the whole first year of running the
business. Based on the table above, the entrepreneurs will produce 60 pieces per day and 20 days each
month, wherein they can produce Php 8,400 each month, for the forst year of running the business.

Table 3B. Projected Volume and Revenue for the first five years.

Year 1 Year 2 Year 3 Year 4 Year 5

Yearly 14,400 16,560 19,044 22,853 27,423
volume in
pieces
Yearly 100,800 115,920 133,308 159,970 191,964
Revenue

Table 3B. Shows the projected changes in yearly volume or yearly revenue (in pieces ) and the business.
It is indicated there that the volume change as the entrepreneurs increase their sales at 15% for year 2
and 3 and 20% for year 4 and 5.

Table 4 Monthly Projected Cost, Revenue, and Net Profit

JAN FEB MARCH APRIL MAY JUNE JULY

Revenue Php Php Php Php Php Php Php
8,400 8,400 8,400 8,400 8,400 8,400 8,400
Cost Php Php Php Php Php Php Php
7,069 6,940 6,940 6,940 6,940 6,940 6,940
Project Php Php Php Php Php Php Php
Net 1,331 1,460 1,460 1,460 1,460 1,460 1,460
Profit

AUG SEPT OCT NOV DEC TOTAL

Revenue Php 8,400 Php 8,400 Php 8,400 Php 8,400 Php 8,400 Php
100,800
Cost Php 6,940 Php 6,940 Php 6,940 Php 6,940 Php 6,940 Php
83,409
Project Php 1,460 Php 1,460 Php 1,460 Php 1,460 Php 1,460 Php
Net Profit 17,391

Table 4. Shows the projected revenue, cost, and net profit for the whole first year of running the
business. Based on the table above, the entrepreneur’s monthly revenue will be at Php 8,400, the cost
will be Php 7,069 for the month of January and Php 6,940 for the month of February to December, then
the net profit will be Php 1,331 for the month of January and Php 1,460 for the month of February to
December. Which is this table indicate the yearly revenue will be Php 100,800, the cost will be Php
83,409 and the net profit will be Php 17,391.

Table 5. Project income Statement for the year 2024-2028.

Year 2024 Year 2025 Year 2026 Year 2027 Year 2028
Sales Php 100,800 Php 110,880 Php 121,968 Php 140,263 Php 168,316
Less Cost of Php 83,409 Php 91,750 Php 100,925 Php 116,064 Php 139,276
Sales
Gross Profit Php 17,391 Php 19,130 Php 21,043 Php 24,199 Php 29,040
Less Php 4,800 Php 5,280 Php 5,808 Php 6,679 Php 8,015
Operating
Expenses
Net income Php 12,591 Php 13,850 Php 15,235 Php 17,520 Php 21,025

Table 5. Shows the five years projected income for the business name Milo Ice Pop. Entrepreneurs
projected that the income for the year 2024-2028 is expected to rise by 10% for the year 2025-2026,
15% for the year 2027, and 20% for the year 2028. Based on the table above, the percentage of the cost
of sales of the business is 83% of sales and the percentage is 4%, which include the fare spent during the
production of the business. Entrepreneurs fare cost Php 20.00 per day, Php 400 per month and Php
4,800 for year 1.