Technical Study

Part 3

TOOLS AND EQUIPMENT

DESCRIPTION

USEFUL
LIFE
(in
years)

QT
Y

UNIT
COST

TOTAL
COST
2016
(in
peso)

Gas Stove

1,500.0
0

1,500.00

300.00

300

Gas Tank

1,500.0
0

1,500.00

300.00

300

Refrigerator

9,995.0
0

9,995.00

1,999.00

1999

Kitchen Scale

560

560

112.00

112

Ceiling Fan

10

1,200.0
0

1,200.00

120.00

120

Exhaust Fan

10

1,230.0
0

1,230.00

123.00

123

Miracle Blade 13Piece Set

1
set

494.26

494.26

98.85

98.852

Cookware 7-Piece
Set

1
set

1,299.0
0

1,299.00

259.80

259.8

Big rice cauldron

10

600

600

60.00

60

Chopping Boards
(3)

458

458

91.60

91.6

Food Tong Set of 4

399

399

79.80

79.8

6-Piece Stainless
Utensils

1
set

935

935

187.00

187

50

100

20.00

20

540

108.00

108

(in
peso)

Additional
2016

QT
Y

Additional

COS
T

TOTAL

2017

QT
Y

COST

TOTAL

DEPN

2018

300.00
300.00
1,999.00
112.00
120.00
123.00
0.5

257.11

128.555

25.711
124.56
259.80

624

624

62.4
122.40
91.60
79.80

Pitcher
DESCRIPTION
Plastic Food
Container Set of 17
Plastic Drum
Gas Stove
Fire Extinguisher
Gas Tank
TOTAL
Refrigerator
Depreciation
Expense
Accumulated
Depreciation

5
Additional
5

187.00
50

100

20

Additional
540

QT
COS
2019
QT
COST
1,200.0
1
Y 5 T
Y 1,200.00
0

1300.001,500.0
0

40.00

COST

TOTAL

DEPRECIATI
ON

240.00

2020

108.00

624.60
500
1

240.00

240

1,500.
00
1,500.00

1,623.0
0
500.00

1,623.0
0

324.60

300

1,500.
00
23,510.2
9,995.
6
00

1,623.0
0

1,623.0
0

324.60

300

624.60

10,814.
59
4,599.05

10,814.
59

2,162.92

1999

4,161.
92

300.00
1

1,560.0
0

1,560.00

520.00

1,020.00

628.111
2,412.56

4,599.05

2,491.11

5,227.16

4,599.05

9,198.10

14,425.27

18,911.21

14,312.1
6

11,497.55

Carrying Amount

Technical Study
1,999.00

Kitchen Scale

560

605.92

605.92

121.18

112

233.18

1,200.
00

1,298.4
0

1,298.4
0

129.84

120

249.84

1,230.
00

1,330.8
6

1,330.8
6

133.09

123

256.09

494.26

534.79

534.79

106.96

124.56
3

231.52

1,299.
00

1,405.5
2

1,405.5
2

281.10

259.8

540.90

600

649.20

649.20

64.92

60

124.92

458

495.56

495.56

99.11

91.6

190.71

399

431.72

431.72

86.34

79.8

166.14

935

1,011.6
7

1,011.6
7

202.33

187

389.33

50

54.10

108.20

21.64

20

41.64

180

180.00

240

240.00

500

500.00

112.00

Ceiling Fan
120.00

Exhaust Fan
123.00

Miracle Blade 13Piece Set

124.56

Cookware 7Piece Set

259.80

Big rice cauldron

122.40

Chopping Boards
(3)

91.60

Food Tong Set of

4

79.80

6-Piece Stainless
Utensils

187.00

Pitcher
40.00

Plastic Food
Container Set of
17
Plastic Drum

108.00

240.00

Fire Extinguisher
500.00

TOTAL

21,932.
42

Depreciation Expense
4,707.16
Accumulated
Depreciation

21,878.3
2

4,058.64
10775.4

19,132.43

29,907.
83

6,790.39

17,947.
41

Carrying Amount

Part 3

Technical Study

Part 3

FURNITURE AND FIXTURE

DESCRIPTION

USEFUL
LIFE
(in
years)

QT
Y

Bar stool

TOTAL
COST
(in
pesos)

2016

2017

2018

2019

2020

800

4,000

800

800

800

800

800

Monobloc Chairs

220

440

88

88

88

88

88

Fluorescent Lamp

210

420

84

84

84

84

84

Garbage Bin

10

400

800

80

80

80

80

80

Total
Depreciation Expense
Accumulated
Depreciation
Carrying Amount

UNIT
COST
(in
pesos
)

5,660
1,052.0
0
1,052.0
0
4,608.0
0

1,052.0
0
2,104.0
0
3,556.0
0

1,052.0
0
3,156.0
0
2,504.0
0

1,052.0
0
4,208.0
0
1,452.0
0

1,052.0
0
5,260.0
0
400.0
0

Technical Study

Part 3

OFFICE SUPPLIES
Office Supplies
Ballpen
Calculator
Logbook
Stapler
Staple Wires

COST
USAGE
15
11
100
2
91
1
29.75
1
17.2509
5.5
Total
Used
Physical Count

TOTAL ANNUAL COST

165
200
91
29.75
94.88
580.63
450.68
129.95

FOOD PREPARATION SUPPLIES

Food Preparation Supplies
Condiments and Spices
Plastic Bags on Roll
Tissue Papers
Total
Used
Physical Count

Total Annual Cost

30,415.00
17,562.77
62,255.75
110,233.52
108,028.85
2,204.67

Technical Study

Part 3

REPAIRS AND MAINTENANCE SUPPLIES

Repairs and Maintenance Supplies
Stick Notes
Number Card
Disposable Food Container
Dishwashing Liquid
Dishwashing Sponge
Cleaning Towel
Sanitary Gloves
Mop
Broom
Dust pan
Garbage bag
Hand Sanitizer
Total
Used
Physical Count

NET INCOME ALLOCATION

5

Total Annual Cost

348.04
50.00
134,752.70
825.00
165.00
275.00
500.00
50.00
45.00
45.00
550.00
125.00
137,730.74
134,667.43
3,063.31

Technical Study

Part 3

2016

Arconado

Avila

Babol

De Castro

Escaro

Ignacio

Medrano

TOTAL

Salaries

103,173.06

103,173.06

Remainder

70,792.83

173,965.89

70,792.83

70,792.83

70,792.83

70,792.83

70,792.83

495,549.81

Total Share in
N.I.

70,792.83

233,965.89

70,792.83

70,792.83

70,792.83

70,792.83

70,792.83
598,722.87

2017

Arconado

Avila

Babol

De Castro

Escaro

Ignacio

Medrano

TOTAL

Salaries

107,837.62

107,837.62

Remainder

73,145.20

73,145.20

73,145.20

73,145.20

73,145.20

73,145.20

73,145.20

512,016.42

Total Share in
N.I.

73,145.20

180,982.82

73,145.20

73,145.20

73,145.20

73,145.20

73,145.20

619,854.04

Arconado

Avila

De Castro

Escaro

2018
Salaries

Babol

112,788.66

Ignacio
-

Medrano
-

TOTAL
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
6

Arconad

Avila

Babol

De

Escaro

Ignacio

Medran

TOTAL

Technical Study
o
Salaries
Remainder
Total Share in
N.I.

Castro

117,640.
64

98,277.92

98,277.9
2

98,277.92

98,277.9
2

98,277.92

215,918.
56

98,277.92

Avila

Babol

Arconad
o

2020

Part 3

117,640.64

98,277.9
2

98,277.92

98,277.9
2

687,945.42

98,277.9
2

98,277.9
2

98,277.92

98,277.9
2

805,586.06

De
Castro

Escaro

Ignacio

Medran
o

TOTAL

Salaries

122,896.
40

122,896.40

Remainder

121,975.8
3

121,975.
83

121,975.8
3

121,975.
83

121,975.
83

121,975.8
3

121,975.
83

853,830.79

121,975.8
3

244,872.
23

121,975.8
3

121,975.
83

121,975.
83

121,975.8
3

121,975.
83

976,727.19

Total Share in
N.I.
UTILITIES

Utilities
Water
Electricit
y
LPG
7

2016
39,600.0
0
15,528.4
8
17,62

2017
40,392.
00
15,839.
05
17,974.

2018
41,199.
84
16,155.
83
18,333.

2019
42,023
.84
16,478
.95
18,700

2020
42,864
.31
16,808
.53
19,074

Remarks
2% increase each
year
2% increase each
year
2% increase each
year

Technical Study
2.00
72,75
0.48

TOTAL

44
74,205.
49

93
75,689.
60

Part 3

.61
77,203
.39

.62
78,747
.46

EMPLOYEE AND GOVERNMENT REGULATION

Output Tax

Input Tax

VAT Payable

2016

431,209

72,277

358,931

2017

448,457

65,439

383,018

2018

513,035

70,239

442,796

2019

533,556

71,819

461,737

2020

605,344

80,476

524,868

2016

2017

2018

2019

2020

Rent

60,000.00

60,000.00

60,000.00

60,000.00

60,000.00

Advertising

2,318.00

1,078.50

1,144.00

1,180.00

1,203.00

Utilities

72,750.48

181,617.61

185,249.96

188,954.96

192,734.06

Maintenance Expense

40,800.00

41,616.00

42,448.32

43,297.29

44,163.23

Office Supplies

3,921.00

4,081.00

4,248.00

4,422.00

4,604.00

Food Preparation Supplies

110,233.52

114,034.56

126,608.65

131,040.11

144,973.82

Repairs and Maintenance Supplies

137,730.74

142,895.83

163,131.46

169,600.56

192,091.45

Renovation Cost

37,000.00

Furniture & Fixture

8,740.00

8,985.60

Tools and Equipments

23,510.26

2,491.11

21,878.32

Total

602,310.00

545,323.50

585,321.50

598,494.92

670,633.49

Technical Study
VAT input (Total x 12%)

72,277.20

65,438.82

Part 3

70,238.58

ADVERTISING
ITEM

QTY
1

Flyers

UNIT
ream

2016

2017

2018

2019

2020

98.00

98.50

99.00

100.00

100.50

1,500.0
0

250.00

300.00

325.00

337.50

700.00

710.00

720.00

730.00

740.00

20.00

20.00

25.00

25.00

25.00

2,318.0
0

1,078.5
0

1,144.0
0

1,180.0
0

1,203.0
0

1
Signboard
2
Tarpaulin
Ad on
School News
paper
TOTAL

(6ft by 7
ft)
(6ft by 7
ft)
page

71,819.39

80,476.02

Technical Study

Part 3

PAYROLL
PAYROLL 2016
SSS
Positi
on

No. of
Employe
es

Day
s

Service

312

10

Dail
y
Wag
e
Rate
250

Philhealth

PAGIBIG

Gross
Compensat
ion

EE

ER

EE

ER

EE

ER

Net
Salar
y

312000

11,337.7

22,982.4

34,320.1

4,80

4,80

9,60

4,80

4,80

9,60

291,0

Technical Study
Crew

Part 3

62

Cashier

312

250

156000

5,668.80

Cook

312

250

156000

5,668.80

11,491.2
0
11,491.2
0

17,160.0
0
17,160.0
0

2,40
0
2,40
0

2,40
0
2,40
0

4,80
0
4,80
0

2,40
0
2,40
0

2,40
0
2,40
0

4,80
0
4,80
0

145,5
31
145,5
31

PAYROLL 2017
SSS
Positi
on

No. of
Employe
es

Day
s

Service
Crew

312

Cashier

Cook

312

312

Dail
y
Wag
e
Rate
262.
5

Gross
Compensat
ion

Philhealth

PAGIBIG

EE

ER

EE

ER

EE

ER

Net
Salar
y

327600

11,337.7
6

22,982.4
0

34,320.1
6

4,80
0

4,80
0

9,60
0

4,80
0

4,80
0

9,60
0

306,6
62

262.
5

163800

5,668.80

11,491.2
0

17,160.0
0

2,40
0

2,40
0

4,80
0

2,40
0

2,40
0

4,80
0

153,3
31

262.
5

163800

5,668.80

11,491.2
0

17,160.0
0

2,40
0

2,40
0

4,80
0

2,40
0

2,40
0

4,80
0

153,3
31

PAYROLL 2018
SSS
Positi
on

No. of
Employe
es

Day
s

Service
Crew

312

Cashier

11

312

Dail
y
Wag
e
Rate
275.
63
275.
63

Gross
Compensat
ion

Philhealth

PAGIBIG

EE

ER

EE

ER

EE

ER

Net
Salar
y

343986.24

12,206.4
0

24,753.6
0

36,960.0
0

4,80
0

4,80
0

9,60
0

4,80
0

4,80
0

9,60
0

322,1
80

171993.12

6,103.20

12,376.8
0

18,480.0
0

2,40
0

2,40
0

4,80
0

2,40
0

2,40
0

4,80
0

161,0
90

Technical Study
Cook

312

275.
63

171993.12

6,103.20

12,376.8
0

18,480.0
0

Part 3

2,40
0

2,40
0

4,80
0

2,40
0

2,40
0

4,80
0

161,0
90

PAYROLL 2019
SSS
Positi
on

No. of
Employe
es

Day
s

Service
Crew

312

Cashier

Cook

Dail
y
Wag
e
Rate

Gross
Compensat
ion

EE

ER

289

361184

13111

26619

289

180592

6555

289

180592

6555

Philhealth
T

PAGIBIG

EE

ER

EE

ER

Net
Salar
y

39730

4800

4800

9600

4800

4800

960
0

33847
3

13310

19865

2400

2400

4800

2400

2400

480
0

16923
6

13310

19865

2400

2400

4800

2400

2400

480
0

16923
6

312

312

PAYROLL 2020
SSS
Positi
on

No. of
Employe
es

Day
s

Service
Crew

312

Cashier

Cook

12

Dail
y
Wag
e
Rate

Gross
Compensat
ion

EE

ER

304

379242

13766

27950

304

189621

6883

304

189621

6883

Philhealth
T

PAGIBIG

EE

ER

EE

ER

Net
Salar
y

41717

4800

4800

9600

4800

4800

960
0

35587
6

13975

20858

2400

2400

4800

2400

2400

480
0

17793
8

13975

20858

2400

2400

4800

2400

2400

480
0

17793
8

312

312

Technical Study

Part 3

SALARIES OF MANAGING PARTNER

SALARIES OF MANAGING PARTNER
Ye
ar

Working
Days

Holid
ays

Total
Days

Daily
Wage
Rate

Gross
Compensatio
n

20
16
20
17
20
18
20
19
20
20

295

17

312

375

117,000

295

17

312

394

122,850

295

17

312

413

128,993

295

17

312

434

135,442

295

17

312

456

142,213

13

SSS
contribution
EE
ER
Tot
al
4,2 8,62 12,8
47
3
70
4,4 9,05 13,5
59
4
14
4,6 9,50 14,1
82
7
89
4,9 9,98 14,8
17
2
99
5,1 10,4 15,6
62
81
43

Philhealth
contribution
EE
ER
Tot
al
1,3
1,3
2,7
50
50
00
1,5
1,5
3,0
00
00
00
1,5
1,5
3,0
00
00
00
1,6
1,6
3,3
50
50
00
1,6
1,6
3,3
50
50
00

Pag-ibig
Contribution
EE
ER
Tot
al
1,2
1,2
2,4
00
00
00
1,2
1,2
2,4
00
00
00
1,2
1,2
2,4
00
00
00
1,2
1,2
2,4
00
00
00
1,2
1,2
2,4
00
00
00

WH
T

Net
Salary

7,03
0
7,85
3
8,82
2
10,0
35
11,3
04

103,17
3
107,83
8
112,78
9
117,64
1
122,89
6

Technical Study

Part 3

PERMITS AND LICENSES

Permits and Licenses
Bureau of Internal Revenue
Security and Exchange Commission
Barangay and Municipalities:
Initial Fee
License Fee
Mayors Permit
Barangay Clearance
Annual Community Tax
Notarize business permit Application Form
Certificate of Registration
Sanitary Inspection Fee
Medical/ Health Inspection Fee
Building Inspection Fee
Business Plate/ Sticker
Signboard
Other charges
14

Cost
500.00
1,212.00
500.00
150.00
2,500.00
500.00
500.00
50.00
450.00
500.00
10.00
400.00
150.00
560.00
453.00

Technical Study
Business Tax (65 % of 1% Gross Receipts)

Part 3

Depends on amount of gross Receipts

TOTAL

8,435.00

PERMITS AND LICENSES FOR SUCCEEDING YEARS

Permits and Licenses
Municipality:
Renewal of Business Registration
Business Tax (65 % of 1% Gross Receipts)

Cost
6,525
Depends on amount of Gross Receipts

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

Gross Receipts

2016
2017
2018
2019
2020

3,162,197
3,288,685
3,762,255
3,912,745
4,439,187

15

Rate
65%
65%
65%
65%
65%

of
of
of
of
of

1%
1%
1%
1%
1%

Business
Tax
20554.28
21376.45
24454.66
25432.85
28854.72

Technical Study

Part 3

REPAIRS AND MAINTENANCE COST

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

Maintenance
Fixed Monthly Check Up for Machineries and
Equipment

Fixed Monthly Cost for Maintenance of

Establishment's Ambiance

Cost
1,000.00

Annual Cost
12,000.00

800.00

9,600.00

Repairs

LPG

12,000.00

Gas Stove
16

1,200.00

Technical Study
Refrigirator
Others
TOTAL
Total Repairs and Maintenance Expense

17

Part 3
1,000.00
5,000.00
40,800.00