FINANCIAL DISCLOSURES FOR 2021 July 138 P 5,979.
54
August 1,112 P 48,182.96
Note 1: Computation for Sales and other income
September 417 P 18,068.61
Sales = number of units sold x unit price October 347 P 15,035.51
November 278 P 12,045.74
Month Number of Sales per December 208 P 9,012.64
units sold month TOTAL 5,000 P 216,650.00
January 1,112 P 110,088.00
February 417 P 41,283.00
March 347 P 34,353.00 Note 4: Computation for depreciation
April 278 P 27,522.00
Acquisition Value: 50,000.00
May 208 P 20,592.00
June 138 P 13,662.00 Less: Salvage Value: (15,000.00)
July 138 P 13,662.00
August 1,112 P 110,088.00 Depreciable Cost 35,000.00
September 417 P 41,283.00 Divide by: Useful Life 10
October 347 P 34,353.00
November 278 P 27,522.00 Annual Depreciation: P 3,500.00
December 208 P 20,592.00
Monthly Depreciation P 291.67
TOTAL 5,000 P 495,000
Note 2: Computation for Direct Cost per unit Note 5: Computation for annual Selling Expense
Item Cost Item Cost
BC547 Transistor P 3.00 Discount Coupons P 4,000.00
5v Buzzer P 10.00 Point of Purchase Display P 2,000.00
220uf Capacitor P 12.00 Fan Page Promotion P 0.00
100-ohm resistor P 0.50 Creation of Social Media P 0.00
2.2k resistor P 0.50 Accounts
Red LED light P 0.50 Display information P 3,500.00
Green LED light P 0.50 Production of flyers P 3,500.00
Newspaper P 0.00 Sponsorship P 5,000.00
Pin P 0.82 TOTAL COST P 18,000.00
Suction cups P 5.00
Plastic bottle P 0.50
Plastic bottle cap P 0.01 Note 6: Allotment for monthly discount coupons
Direct Variable Labor P 10.00 Month Cost
TOTAL COST P 43.33 January P 1,000.00
February P 200.00
Note 3: Allocation of direct cost per month March P 200.00
April P 200.00
Direct Cost = number of units sold x direct cost per unit May P 200.00
June P 200.00
Month Number of Direct cost per
July P 200.00
units sold month
August P 1,000.00
January 1,112 P 48,182.96
September P 200.00
February 417 P 18,068.61
October P 200.00
March 347 P 15,035.51
November P 200.00
April 278 P 12,045.74
December P 200.00
May 208 P 9,012.64
TOTAL COST P 4,000.00
June 138 P 5,979.54
Note 7: Allotment for monthly point of purchase display Note 10: Allotment for monthly sponsorship
Month Cost Sponsorships were only held twice in the
January P 500.00 months of January and August P2,500 per
February P 100.00 month totaling to P5,000
March P 100.00
April P 100.00
May P 100.00 Note 11: Computation for annual G&A expense
June P 100.00 Item Cost
July P 100.00 Consulting Fees P 6,000.00
August P 500.00 Miscellaneous Expense P 2,400.00
September P 100.00 Depreciation Expense P 3,500.00
October P 100.00 TOTAL COST P 11,900.00
November P 100.00
December P 100.00
TOTAL COST P 2,000.00 Note 12: Allotment for monthly consulting fees
Consulting fees are equally allotted for each
Note 8: Allotment for monthly display information month. P6,000/12 = P500 per month.
Month Cost
January P 500.00 Note 13: Allotment for monthly miscellaneous expense
February P 250.00
March P 250.00 Miscellaneous expenses are equally allotted for
April P 250.00 each month. P2,400/12 = P200 per month.
May P 250.00
June P 250.00 Note 14: Allotment for monthly depreciation
July P 250.00
August P 500.00 P3,500/12 = P291.67 per month.
September P 250.00
October P 250.00
November P 250.00 Note 15: Computation for monthly tax allotment
December P 250.00
TOTAL COST P 3,500.00 Month Profit 3% tax Net Income
before tax allotment
January P 55,913.37 P1,677.40 P 54,235.97
Note 9: Allotment for monthly production of flyers February P 21,422.72 P 642.68 P 20,780.04
March P 17,525.82 P 525.77 P 17,000.05
Month Cost
April P 13,684.59 P 410.54 P 13,274.05
January P 500.00
May P 9,787.69 P 293.63 P 9,494.06
February P 250.00
June P 5,890.79 P 176.72 P 5,714.07
March P 250.00
July P 5,890.79 P 176.72 P 5,714.07
April P 250.00
August P 55,913.37 P1,677.40 P 54,235.97
May P 250.00
Septembe P 21,422.72 P 642.68 P 20,780.04
June P 250.00
r
July P 250.00
October P 17,525.82 P 525.77 P 17,000.05
August P 500.00
November P 13,684.59 P 410.54 P 13,274.05
September P 250.00
December P 9,787.69 P 293.63 P 9,494.06
October P 250.00
TOTAL P248,449.96 P7,453.50 P240,996.46
November P 250.00
December P 250.00
TOTAL COST P 3,500.00
June 144 P 6,239.52
July 145 P 6,282.85
FINANCIAL DISCLOSURES FOR 2022
August 1,167 P 50,566.11
Note 16: Computation for Sales and other income September 437 P 18,935.21
October 364 P 15,772.12
Sales = number of units sold x unit price November 291 P 12,609.03
December 218 P 9,445.94
Month Number of Sales per
TOTAL 5,250 P 227,482.50
units sold month
January 1,170 P 115,830.00
February 438 P 43,362.00 Note 19: Computation for depreciation
March 365 P 36,135.00
April 292 P 28,908.00 Acquisition Value: 50,000.00
May 219 P 21,681.00
Less: Salvage Value: (15,000.00)
June 144 P 14,256.00
July 145 P 14,355.00 Depreciable Cost 35,000.00
August 1,167 P 115,533.00
September 437 P 43,263.00 Divide by: Useful Life 10
October 364 P 36,036.00 Annual Depreciation: P 3,500.00
November 291 P 28,809.00
December 218 P 21,582.00 Monthly Depreciation P 291.67
TOTAL 5,250 P 519,750
Note 20: Computation for annual Selling Expense
Note 17: Computation for Direct Cost per unit
Item Cost
Item Cost
Discount Coupons P 4,000.00
BC547 Transistor P 3.00
Point of Purchase Display P 2,000.00
5v Buzzer P 10.00
Fan Page Promotion P 0.00
220uf Capacitor P 12.00
Creation of Social Media P 0.00
100-ohm resistor P 0.50
Accounts
2.2k resistor P 0.50
Display information P 3,500.00
Red LED light P 0.50
Production of flyers P 3,500.00
Green LED light P 0.50
Sponsorship P 5,000.00
Newspaper P 0.00
TOTAL COST P 18,000.00
Pin P 0.82
Suction cups P 5.00
Plastic bottle P 0.50 Note 21: Allotment for monthly discount coupons
Plastic bottle cap P 0.01
Direct Variable Labor P 10.00 Month Cost
TOTAL COST P 43.33 January P 1,000.00
February P 200.00
March P 200.00
Note 18: Allocation of direct cost per month April P 200.00
May P 200.00
Direct Cost = number of units sold x direct cost per unit
June P 200.00
Month Number of Direct cost per July P 200.00
units sold month August P 1,000.00
January 1,170 P 50,696.10 September P 200.00
February 438 P 18,978.54 October P 200.00
March 365 P 15,815.45 November P 200.00
April 292 P 12,652.36 December P 200.00
May 219 P 9,489.27 TOTAL COST P 4,000.00
TOTAL COST P 3,500.00
Note 22: Allotment for monthly point of purchase display
Note 25: Allotment for monthly sponsorship
Month Cost
January P 500.00 Sponsorships were only held twice in the
February P 100.00 months of January and August P2,500 per
March P 100.00 month totaling to P5,000
April P 100.00
May P 100.00
June P 100.00 Note 26: Computation for annual G&A expense
July P 100.00
Item Cost
August P 500.00
Consulting Fees P 6,000.00
September P 100.00
Miscellaneous Expense P 2,400.00
October P 100.00
Depreciation Expense P 3,500.00
November P 100.00
TOTAL COST P 11,900.00
December P 100.00
TOTAL COST P 2,000.00
Note 27: Allotment for monthly consulting fees
Note 23: Allotment for monthly display information Consulting fees are equally allotted for each
month. P6,000/12 = P500 per month.
Month Cost
January P 500.00
February P 250.00 Note 28: Allotment for monthly miscellaneous expense
March P 250.00
April P 250.00 Miscellaneous expenses are equally allotted for
May P 250.00 each month. P2,400/12 = P200 per month.
June P 250.00
July P 250.00
Note 29: Allotment for monthly depreciation
August P 500.00
September P 250.00 P3,500/12 = P291.67 per month.
October P 250.00
November P 250.00
December P 250.00 Note 30: Computation for monthly tax allotment
TOTAL COST P 3,500.00
Month Profit 3% tax Net Income
before tax allotment
Note 24: Allotment for monthly production of flyers January P 59,142.23 P1,774.27 P 57,367.96
Month Cost February P 22,591.79 P 677.75 P 21,914.04
January P 500.00 March P 18,527.88 P 555.84 P 17,972.04
February P 250.00 April P 14,463.97 P 433.92 P 14,030.05
March P 250.00 May P 10,400.06 P 312.00 P 10,088.06
April P 250.00 June P 6,224.81 P 186.74 P 6,038.07
May P 250.00 July P 6,280.48 P 188.41 P 6,092.07
June P 250.00 August P 58,975.22 P1,769.26 P 57,205.96
July P 250.00 Septembe P 22,536.12 P 676.08 P 21,860.04
August P 500.00 r
September P 250.00 October P 18,472.21 P 554.17 P 17,918.04
October P 250.00 November P 14,408.30 P 432.25 P 13,976.05
November P 250.00 December P 10,344.39 P 310.33 P 10,034.39
December P 250.00 TOTAL P262,367.46 P7,871.02 P254,496.44
April 306 P 13,258.98
May 230 P 9,965.90
June 151 P 6,542.83
FINANCIAL DISCLOSURES FOR 2023 July 155 P 6,716.15
August 1,128 P 48,876.24
Note 31: Computation for Sales and other income September 473 P 20,495.09
October 384 P 16,638.72
Sales = number of units sold x unit price
November 306 P 13,258.98
Month Number of Sales per December 290 P 12,565.70
units sold month TOTAL 5,513 P 238,878.29
January 1,230 P 121,770.00
February 475 P 47,025.00
Note 34: Computation for depreciation
March 385 P 38,115.00
April 306 P 30,294.00 Acquisition Value: 50,000.00
May 230 P 22,770.00
June 151 P 14,949.00 Less: Salvage Value: (15,000.00)
July 155 P 15,345.00
Depreciable Cost 35,000.00
August 1,128 P 111,672.00
September 473 P 46,827.00 Divide by: Useful Life 10
October 384 P 38,016.00
November 306 P 30,294.00 Annual Depreciation: P 3,500.00
December 290 P 28,710.00 Monthly Depreciation P 291.67
TOTAL 5,513 P 545,787.00
Note 32: Computation for Direct Cost per unit Note 35: Computation for annual Selling Expense
Item Cost Item Cost
BC547 Transistor P 3.00 Discount Coupons P 4,000.00
5v Buzzer P 10.00 Point of Purchase Display P 2,000.00
220uf Capacitor P 12.00 Fan Page Promotion P 0.00
100-ohm resistor P 0.50 Creation of Social Media P 0.00
2.2k resistor P 0.50 Accounts
Red LED light P 0.50 Display information P 3,500.00
Green LED light P 0.50 Production of flyers P 3,500.00
Newspaper P 0.00 Sponsorship P 5,000.00
Pin P 0.82 TOTAL COST P 18,000.00
Suction cups P 5.00
Plastic bottle P 0.50
Note 36: Allotment for monthly discount coupons
Plastic bottle cap P 0.01
Direct Variable Labor P 10.00 Month Cost
TOTAL COST P 43.33 January P 1,000.00
February P 200.00
March P 200.00
Note 33: Allocation of direct cost per month
April P 200.00
Direct Cost = number of units sold x direct cost per unit May P 200.00
June P 200.00
Month Number of Direct cost per July P 200.00
units sold month August P 1,000.00
January 1,230 P 53,295.90 September P 200.00
February 475 P 20,581.75 October P 200.00
March 385 P 16,682.05 November P 200.00
December P 200.00 November P 250.00
TOTAL COST P 4,000.00 December P 250.00
TOTAL COST P 3,500.00
Note 37: Allotment for monthly point of purchase display
Note 40: Allotment for monthly sponsorship
Month Cost
January P 500.00 Sponsorships were only held twice in the
February P 100.00 months of January and August P2,500 per
March P 100.00 month totaling to P5,000
April P 100.00
May P 100.00
June P 100.00 Note 41: Computation for annual G&A expense
July P 100.00
Item Cost
August P 500.00
Consulting Fees P 6,000.00
September P 100.00
Miscellaneous Expense P 2,400.00
October P 100.00
Depreciation Expense P 3,500.00
November P 100.00
TOTAL COST P 11,900.00
December P 100.00
TOTAL COST P 2,000.00
Note 42: Allotment for monthly consulting fees
Note 38: Allotment for monthly display information Consulting fees are equally allotted for each
month. P6,000/12 = P500 per month.
Month Cost
January P 500.00
February P 250.00 Note 43: Allotment for monthly miscellaneous expense
March P 250.00
April P 250.00 Miscellaneous expenses are equally allotted for
May P 250.00 each month. P2,400/12 = P200 per month.
June P 250.00
July P 250.00
Note 44: Allotment for monthly depreciation
August P 500.00
September P 250.00 P3,500/12 = P291.67 per month.
October P 250.00
November P 250.00
December P 250.00 Note 45: Computation for monthly tax allotment
TOTAL COST P 3,500.00
Month Profit 3% tax Net Income
before tax allotment
Note 39: Allotment for monthly production of flyers January P 62,482.43 P1,874.47 P 60,607.96
Month Cost February P 24,651.58 P 739.55 P 23,912.03
January P 500.00 March P 19,641.28 P 589.24 P 19,052.04
February P 250.00 April P 15,243.35 P 457.30 P 14,786.05
March P 250.00 May P 11,012.43 P 330.37 P 10,682.06
April P 250.00 June P 6,614.50 P 198.44 P 6,416.07
May P 250.00 July P 6,837.18 P 205.12 P 6,632.06
June P 250.00 August P 56,804.09 P1,704.12 P 55,099.97
July P 250.00 Septembe P 24,540.24 P 736.21 P 23,804.03
August P 500.00 r
September P 250.00 October P 19,585.61 P 587.57 P 18,998.04
October P 250.00 November P 15,243.35 P 457.30 P 14,786.05
December P 14,352.63 P 430.58 P 13,922.05
TOTAL P277,008.67 P8,310.26 P268,698.41