Technical Study Part 3

TOOLS AND EQUIPMENTDESCRIPTION USEFUL LIFE (in years)QTY UNIT COST TOTAL COST 2016AdditionalAdditional

(in peso) (in peso)2016QTYCOSTTOTAL2017QTYCOSTTOTALDEPN2018

Gas Stove511,500.001,500.00300.00300 300.00

Gas Tank511,500.001,500.00300.00300 300.00

Refrigerator519,995.009,995.001,999.001999 1,999.00

Kitchen Scale51560560112.00112 112.00

Ceiling Fan1011,200.001,200.00120.00120 120.00

Exhaust Fan1011,230.001,230.00123.00123 123.00

Miracle Blade 13-Piece Set51 set494.26494.2698.8598.8520.5257.11128.55525.711 124.56

Cookware 7-Piece Set51 set1,299.001,299.00259.80259.8 259.80

Big rice cauldron10160060060.0060162462462.4 122.40

Chopping Boards (3)5145845891.6091.6 91.60

Food Tong Set of 45139939979.8079.8 79.80

6-Piece Stainless Utensils51 set935935187.00187 187.00

Pitcher525010020.002025010020 40.00

Plastic Food Container Set of 1751540540108.00108 108.00

Plastic Drum511,200.001,200.00240.00240 240.00

Fire Extinguisher311,500.001,500.00500.005001 1,560.00 1,560.00 520.00 1,020.00

TOTAL23,510.26 2,412.56 628.111

Depreciation Expense4,599.054,599.05 2,491.11 5,227.16

Accumulated Depreciation 4,599.05 9,198.10 14,425.27

Carrying Amount 18,911.21 14,312.16 11,497.55

DESCRIPTION AdditionalAdditional

QTYCOST2019QTYCOSTCOSTTOTALDEPRECIATION2020

Gas Stove 300.00 11,500.001,623.001,623.00324.60300624.60

Gas Tank 300.00 11,500.001,623.001,623.00324.60300624.60

Refrigerator 1,999.00 19,995.0010,814.5910,814.592,162.9219994,161.92

Kitchen Scale 112.00 1560605.92605.92121.18112233.18

Ceiling Fan 120.00 11,200.001,298.401,298.40129.84120249.84

Exhaust Fan 123.00 11,230.001,330.861,330.86133.09123256.09

Miracle Blade 13-Piece Set 124.56 1494.26534.79534.79106.96124.563231.52

Cookware 7-Piece Set 259.80 11,299.001,405.521,405.52281.10259.8540.90

Big rice cauldron 122.40 1600649.20649.2064.9260124.92

Chopping Boards (3) 91.60 1458495.56495.5699.1191.6190.71

Food Tong Set of 4 79.80 1399431.72431.7286.3479.8166.14

6-Piece Stainless Utensils 187.00 19351,011.671,011.67202.33187389.33

Pitcher 40.00 25054.10108.2021.642041.64

Plastic Food Container Set of 17 108.00 180180.00

Plastic Drum 240.00 240240.00

Fire Extinguisher 500.00 500500.00

TOTAL21,932.424,058.64

Depreciation Expense 4,707.16 21,878.3210775.4

Accumulated Depreciation 19,132.43 29,907.83

Carrying Amount 6,790.39 17,947.41

FURNITURE AND FIXTUREDESCRIPTIONUSEFUL LIFE (in years)QTYUNIT COST (in pesos)TOTAL COST

(in pesos)20162017201820192020

Bar stool558004,000800800800800800

Monobloc Chairs522204408888888888

Fluorescent Lamp522104208484848484

Garbage Bin1024008008080808080

Total5,660

Depreciation Expense 1,052.00 1,052.00 1,052.00 1,052.00 1,052.00

Accumulated Depreciation 1,052.00 2,104.00 3,156.00 4,208.00 5,260.00

Carrying Amount 4,608.00 3,556.00 2,504.00 1,452.00 400.00

OFFICE SUPPLIESOffice Supplies

COSTUSAGETOTAL ANNUAL COST

Ballpen1511165

Calculator1002200

Logbook91191

Stapler29.75129.75

Staple Wires17.25095.594.88

Total580.63

Used 450.68

Physical Count129.95

FOOD PREPARATION SUPPLIESFood Preparation SuppliesTotal Annual Cost

Condiments and Spices 30,415.00

Plastic Bags on Roll 17,562.77

Tissue Papers 62,255.75

Total 110,233.52

Used 108,028.85

Physical Count 2,204.67

REPAIRS AND MAINTENANCE SUPPLIESRepairs and Maintenance SuppliesTotal Annual Cost

Stick Notes348.04

Number Card50.00

Disposable Food Container134,752.70

Dishwashing Liquid825.00

Dishwashing Sponge165.00

Cleaning Towel275.00

Sanitary Gloves500.00

Mop50.00

Broom45.00

Dust pan45.00

Garbage bag550.00

Hand Sanitizer 125.00

Total137,730.74

Used134,667.43

Physical Count3,063.31

NET INCOME ALLOCATION2016ArconadoAvilaBabolDe CastroEscaroIgnacioMedranoTOTAL

Salaries-103,173.06-----103,173.06

Remainder70,792.83173,965.8970,792.8370,792.8370,792.8370,792.8370,792.83495,549.81

Total Share in N.I.70,792.83233,965.8970,792.8370,792.8370,792.8370,792.8370,792.83598,722.87

2017ArconadoAvilaBabolDe CastroEscaroIgnacioMedranoTOTAL

Salaries-107,837.62-----107,837.62

Remainder73,145.2073,145.2073,145.2073,145.2073,145.2073,145.2073,145.20512,016.42

Total Share in N.I.73,145.20180,982.8273,145.2073,145.2073,145.2073,145.2073,145.20619,854.04

2018 Arconado Avila Babol De Castro Escaro Ignacio Medrano TOTAL

Salaries - 112,788.66 - - - - - 112,788.66

Remainder 94,764.70 94,764.70 94,764.70 94,764.70 94,764.70 94,764.70 94,764.70 663,352.91

Total Share in n.I. 94,764.70 207,553.36 94,764.70 94,764.70 94,764.70 94,764.70 94,764.70 776,141.57

2019 Arconado Avila Babol De Castro Escaro Ignacio Medrano TOTAL

Salaries - 117,640.64 - - - - - 117,640.64

Remainder 98,277.92 98,277.92 98,277.92 98,277.92 98,277.92 98,277.92 98,277.92 687,945.42

Total Share in N.I. 98,277.92 215,918.56 98,277.92 98,277.92 98,277.92 98,277.92 98,277.92 805,586.06

2020 Arconado Avila Babol De Castro Escaro Ignacio Medrano TOTAL

Salaries - 122,896.40 - - - - - 122,896.40

Remainder 121,975.83 121,975.83 121,975.83 121,975.83 121,975.83 121,975.83 121,975.83 853,830.79

Total Share in N.I. 121,975.83 244,872.23 121,975.83 121,975.83 121,975.83 121,975.83 121,975.83 976,727.19

UTILITIESUtilities 20162017201820192020Remarks

Water 39,600.00 40,392.00 41,199.84 42,023.84 42,864.31 2% increase each year

Electricity 15,528.48 15,839.05 16,155.83 16,478.95 16,808.53 2% increase each year

LPG 17,622.00 17,974.44 18,333.93 18,700.61 19,074.62 2% increase each year

TOTAL 72,750.48 74,205.49 75,689.60 77,203.39 78,747.46

EMPLOYEE AND GOVERNMENT REGULATIONOutput TaxInput TaxVAT Payable

2016431,20972,277358,931

2017448,45765,439383,018

2018513,03570,239442,796

2019533,55671,819461,737

2020605,34480,476524,868

20162017201820192020

Rent60,000.0060,000.0060,000.0060,000.0060,000.00

Advertising2,318.001,078.501,144.001,180.001,203.00

Utilities72,750.48181,617.61185,249.96188,954.96192,734.06

Maintenance Expense40,800.0041,616.0042,448.3243,297.2944,163.23

Office Supplies3,921.004,081.004,248.004,422.004,604.00

Food Preparation Supplies110,233.52114,034.56126,608.65131,040.11144,973.82

Repairs and Maintenance Supplies137,730.74142,895.83163,131.46169,600.56192,091.45

Renovation Cost37,000.00----

Furniture & Fixture8,740.00---8,985.60

Tools and Equipments23,510.26-2,491.11-21,878.32

Total602,310.00545,323.50585,321.50598,494.92670,633.49

VAT input (Total x 12%)72,277.2065,438.8270,238.5871,819.3980,476.02

ADVERTISINGITEMQTYUNIT20162017201820192020

Flyers1ream 98.00 98.50 99.00 100.00 100.50

Signboard1(6ft by 7 ft) 1,500.00 250.00 300.00 325.00 337.50

Tarpaulin2(6ft by 7 ft) 700.00 710.00 720.00 730.00 740.00

Ad on School News paper2page 20.00 20.00 25.00 25.00 25.00

TOTAL 2,318.00 1,078.50 1,144.00 1,180.00 1,203.00

PAYROLLPAYROLL 2016

SSSPhilhealthPAGIBIG

PositionNo. of EmployeesDaysDaily Wage RateGross CompensationEEERTEEERTEEERTNet Salary

Service Crew431225031200011,337.7622,982.4034,320.164,8004,8009,6004,8004,8009,600291,062

Cashier23122501560005,668.8011,491.2017,160.002,4002,4004,8002,4002,4004,800145,531

Cook23122501560005,668.8011,491.2017,160.002,4002,4004,8002,4002,4004,800145,531

PAYROLL 2017

SSSPhilhealthPAGIBIG

PositionNo. of EmployeesDaysDaily Wage RateGross CompensationEEERTEEERTEEERTNet Salary

Service Crew4312262.532760011,337.7622,982.4034,320.164,8004,8009,6004,8004,8009,600306,662

Cashier2312262.51638005,668.8011,491.2017,160.002,4002,4004,8002,4002,4004,800153,331

Cook2312262.51638005,668.8011,491.2017,160.002,4002,4004,8002,4002,4004,800153,331

PAYROLL 2018

SSSPhilhealthPAGIBIG

PositionNo. of EmployeesDaysDaily Wage RateGross CompensationEEERTEEERTEEERTNet Salary

Service Crew4312275.63343986.2412,206.4024,753.6036,960.004,8004,8009,6004,8004,8009,600322,180

Cashier2312275.63171993.126,103.2012,376.8018,480.002,4002,4004,8002,4002,4004,800161,090

Cook2312275.63171993.126,103.2012,376.8018,480.002,4002,4004,8002,4002,4004,800161,090

PAYROLL 2019

SSSPhilhealthPAGIBIG

PositionNo. of EmployeesDaysDaily Wage RateGross CompensationEEERTEEERTEEERTNet Salary

Service Crew4312289361184131112661939730480048009600480048009600338473

Cashier231228918059265551331019865240024004800240024004800169236

Cook231228918059265551331019865240024004800240024004800169236

PAYROLL 2020

SSSPhilhealthPAGIBIG

PositionNo. of EmployeesDaysDaily Wage RateGross CompensationEEERTEEERTEEERTNet Salary

Service Crew4312304379242137662795041717480048009600480048009600355876

Cashier231230418962168831397520858240024004800240024004800177938

Cook231230418962168831397520858240024004800240024004800177938

SALARIES OF MANAGING PARTNERSALARIES OF MANAGING PARTNER

YearWorking DaysHolidaysTotal DaysDaily Wage RateGross CompensationSSS contributionPhilhealth contributionPag-ibig ContributionWHTNet Salary

EEERTotalEEERTotalEEERTotal

201629517312375117,0004,2478,62312,8701,3501,3502,7001,2001,2002,4007,030103,173

201729517312394122,8504,4599,05413,5141,5001,5003,0001,2001,2002,4007,853107,838

201829517312413128,9934,6829,50714,1891,5001,5003,0001,2001,2002,4008,822112,789

201929517312434135,4424,9179,98214,8991,6501,6503,3001,2001,2002,40010,035117,641

202029517312456142,2135,16210,48115,6431,6501,6503,3001,2001,2002,40011,304122,896

PERMITS AND LICENSESPermits and LicensesCost

Bureau of Internal Revenue 500.00

Security and Exchange Commission 1,212.00

Barangay and Municipalities:

Initial Fee 500.00

License Fee 150.00

Mayors Permit 2,500.00

Barangay Clearance 500.00

Annual Community Tax 500.00

Notarize business permit Application Form 50.00

Certificate of Registration 450.00

Sanitary Inspection Fee 500.00

Medical/ Health Inspection Fee 10.00

Building Inspection Fee 400.00

Business Plate/ Sticker 150.00

Signboard 560.00

Other charges 453.00

Business Tax (65 % of 1% Gross Receipts)Depends on amount of gross Receipts

TOTAL8,435.00

PERMITS AND LICENSES FOR SUCCEEDING YEARSPermits and LicensesCost

Municipality:

Renewal of Business Registration6,525

Business Tax (65 % of 1% Gross Receipts)Depends on amount of Gross Receipts

where: Business Tax for the Year = Gross Receipts x 65% x 1%YearGross ReceiptsRateBusiness Tax

20163,162,19765% of 1%20554.28

20173,288,68565% of 1%21376.45

20183,762,25565% of 1%24454.66

20193,912,74565% of 1%25432.85

20204,439,18765% of 1%28854.72

REPAIRS AND MAINTENANCE COSTThese costs are incurred to ensure smooth operations and workers safety. Regular maintenance and repairs are necessary to prevent hindrances in providing services.

MaintenanceCostAnnual Cost

Fixed Monthly Check Up for Machineries and Equipment1,000.0012,000.00

Fixed Monthly Cost for Maintenance of Establishment's Ambiance800.009,600.00

Repairs

LPG12,000.00

Gas Stove1,200.00

Refrigirator1,000.00

Others5,000.00

TOTAL40,800.00

Total Repairs and Maintenance Expense

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