Schedule 1

Vendo Printing Machine

PROJECTED SALES

Annual Capacity 984,000.00

Multiply: No. of Target Markets 3
Total number of pages in a year 2,952,000
Multiply: Price per page ₱ 2
Projected Sales ₱ 5,904,000.00

Schedule 2
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Vendo Printing Machine
PROJECTED SUPPLIES EXPENSE

Year 1
Beginning Supplies -
Add: Net Purchases (see sched. 2.1.2) ₱ 1,502,240.00
Supplies Available for Use 1,502,240.00
Less: Ending Supplies (see sched. 2.1.1) 150,224.00
Supplies Expense (see sched. 2.1) ₱ 1,352,016.00
*90% of supplies available for use will be consumed during the year and the remaining
10% will be the supplies inventory at year end.

Schedule 2.1

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Vendo Printing Machine
PROJECTED SUPPLIES USED

Cost per
Bondpaper Capacity Percentage print Total Supplies Used
Short-60% 2,952,000.00 60% 0.43 761,616.00 ₱761,616.00
Long-40% 2,952,000.00 40% 0.50 590,400.00 590,400.00
₱1,352,016.00
*see schedule 2.1.3 for cost per print

FATIMA GSCNHS BANISIL TOTAL

PERCENTAGE
Grade SHORT LONG TOTAL Grade SHORT LONG TOTAL Grade SHORT LONG TOTAL SHORT LONG
Level Level Level
7 13 9 22 7 13 9 22 7 14 10 24
8 12 8 20 8 13 8 21 8 13 8 21
9 10 7 17 9 11 7 18 9 10 6 16
10 10 7 17 10 9 6 15 10 9 6 15
11 7 4 11 11 5 4 9 11 7 5 12
12 6 4 10 12 6 4 10 12 5 3 8
Total 58 39 97 Total 57 38 95 Total 58 38 96 60% 40%

Schedule 2.1.1
Vendo Printing Machine
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PROJECTED SUPPLIES INVENTORY

Year 1
Supplies-beg. -
Add: Purchases (see sched. 2.1.2) ₱1,502,240.00
Supplies Available for Use 1,502,240.00
Supplies Used (see sched. 2.1) 1,352,016.00
Supplies End ₱150,224.00
*90% of inventory available for use will be consumed during the year and the remaining 10% will be the
inventory at year end.

Schedule 2.1.2
Vendo Printing Machine

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PROJECTED PURCHASES

Bond paper Annual Capacity Price Percentage Total Divided by YEAR 1

Short-60% 2,952,000.00 0.43 60% 761,616.00 0.90 ₱ 846,240.00
Long-40% 2,952,000.00 0.50 40% 590,400.00 0.90 656,000.00
₱ 1,502,240.00
*90% of supplies available for use will be consumed during the year, and the remaining
10% will be the supplies inventory at year end.
**Purchases were divided by 90% since there is no beginning inventory

Schedule 2.1.3
Vendo Printing Machine

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PROJECTED MATERIALS COST PER PAGE

Bond paper-SHORT INK

Bond paper price 160 Price 230
Multiply: No. of reams 21 Multiply: No. of bottles 4
Total PRICE 3,360 Total 920
Divide: Net of Paper Jam 9,975 Divide: Total Bond paper 9,975
Price 0.34
Add: Price of ink 0.09
Cost per print 0.43

Ink price per bond paper 0.09

Bond paper-LONG Bond paper 500
Bond paper price 195 Multiply: No. of reams 21
Multiply: No. of reams 21 Total Bond paper 10,500
Total PRICE 4,095 Less: 5% Paper Jam 525
Divide: Net of Paper Jam 9,975
Price 0.41
Add: Price of ink 0.09
Cost per print 0.50

Net of Paper Jam 9,975

Schedule 3
Vendo Printing Machine

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PROJECTED DEPRECIATION EXPENSE
EQUIPMENT AND MACHINERIES

Quantit Estimated
Particulars y Unit Cost Total Cost Life Depreciation
Vendo Printing Machine 6 25,000.00 150,000.00 5 ₱30,000.00
₱30,000.00

*Depreciation expense is computed as a whole.

**The vendo printing machine already includes monitor, printer, coin slot, etc.

Schedule 4

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Vendo Printing Machine
PROJECTED RENT EXPENSE

City Total
Fatima High Banisil Expense Year 1
Rent Expense per day 80 100 70
Multiply: No. of school days in year 205 205 205
16,400 20,500 14,350 51,250 ₱51,250.00
*The expense is school basedand fixed per day.
**The rent expense already includes utilities expense.

Schedule 5
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Vendo Printing Machine
PROJECTED REPAIRS AND MAINTENANCE

Quantity Unit Cost Total Cost Year 1

Vendo Printing Machine 6 25,000.00 150,000.00 7,500.00
₱ 7,500.00
*Repairs and maintenance will be 5% of the asset's historical cost.

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Schedule 6
Vendo Printing Machine
PROJECTED CLEANING MATERIALS

Particulars Quantity Cost per Item Total Cost Year 1

Trash Bin 3 110.0 330.00 330.00
Total ₱330.00 ₱330.00

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Schedule 7
Vendo Printing Machine
PROJECTED OF MISCELLANEOUS EXPENSE

Year 0 Year 1
Miscellaneous Expense
(3% of total expenses before miscellaneous ₱ 14,573.17
expense) ₱ 139.94

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Schedule 8
Vendo Printing Machine
PROJECTED SALARIES EXPENSE

Total Salaries
Position No. of person Monthly Salary 13th Month Pay Annual Salaries Expense
Salaries 3 ₱ 10,000.00 ₱ 10,000.00 ₱ 130,000.00 ₱ 390,000.00
TOTAL ₱ 354,240.00 ₱ 10,000.00 ₱ 130,000.00 ₱ 390,000.00
*Salaries will increase by 2% after every three
years.

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Schedule 9
Vendo Printing Machine
PROJECTED SSS, PHILHEALTH AND PAG-IBIG EXPENSE

No. of Monthly Annual

Position person Salary Salaries SSS PhilHealth Pag-ibig
Salaries 3 ₱ 10,000.00 ₱ 120,000.00 ₱ 26,521.20 ₱ 4,500.00 ₱3,600.00
TOTAL ₱ 10,000.00 ₱ 120,000.00 ₱ 26,521.20 ₱ 4500.00 ₱3,600.00

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Schedule 10
Vendo Printing Machine
PROJECTED PERMITS AND LICENSES

Cost Year 1 Year 2 Year 3 Year 4 Year 5

Permits and
Licenses
Business Location
Clearance ₱75.00 ₱75.00 ₱75.00 ₱75.00 ₱75.00 ₱75.00
Fire Safety
Clearance 459.60 459.60 459.60 459.60 459.60 459.60
Cenro 500.00 500.00 500.00 500.00 500.00 500.00
SEC Registration 500.00 500.00 500.00 500.00 500.00 500.00
Brgy. Clearance 800.00 800.00 800.00 800.00 800.00 800.00
Community tax 500.00 2,857.60 2,975.68 3,099.66 3,229.85 3,366.54
Permit Fee 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00

TOTAL ₱6,692.20 ₱6,810.28 ₱6,934.26 ₱7,064.45 ₱7,201.14

Assumption: Permits and licenses will be assumed constant from year 1 to year 5 except for community tax
which is based on annual sales of the business.

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Schedule 11
Vendo Printing Machine
PROJECTED PRE-OPERATING EXPENSES

Cost Total
Supplies expense ₱ 330.00 ₱330.00
Permits and Licenses
Business Location Clearance 75.00
Fire Safety Clearance 459.60
CENRO 500.00
SEC Registration 500.00
Brgy. Clearance 800.00
Community tax 500.00
Permit Fee 1,500.00 ₱4,334.60
Miscellaneous Expense 139.94
Total ₱4,804.54

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Schedule 12
Vendo Printing Machine
PROJECTED SSS, PHILHEALTH AND PAG-IBIG PAYABLE

Posi No. of Monthly SSS PhilHealth Pag-ibig

tion person Salary ER EE ER EE ER EE
Sala
ries 3 ₱ 10,000.00 ₱ 736.70 ₱ 368.35 ₱ 125.00 ₱ 125.00 ₱ 100.00 ₱ 100.00
TOTAL ₱ 10,000.00 ₱ 2,210.10 ₱ 1,105.05 ₱ 375.00 ₱ 375.00 ₱ 300.00 ₱ 300.00
TOTAL PAYABLE ₱ 3,315.15 ₱ 750.00 ₱ 600.00

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Schedule 13
Vendo Printing Machine
PROJECTED INCOME TAX PAYABLE

Year 1
Income Tax Payable ₱1,205,105.23
Remittance (1st - 3rd Quarter) ₱903,828.92
Income Tax Payable ₱301,276.31

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Schedule 14
Vendo Printing Machine
PROJECTED VAT PAYABLE

Year 1
Output Tax ₱708,480.00

Less: Input Tax (OPEX) 58,292.66

VAT on Purchases 180,268.80
Capital Asset 14,400.00
VAT Payable ₱455,518.54

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