Note 1

Rent Expense
Year 2018 180,000.00
Year 2019 183,600.00
Year 2020 187,272.00

Note 2
Legal Cost 2018 2019 2020
DTI Application 315.00
SEC Registration 5,050.00 - -
Partnership Fee 500.00
Documentary Stamp 15.00
Filing Fee 500.00
Business Permit 15,000.00 15,000.00 15,000.00
Mayor's Permit 500.000 500.000 500.000
Sanitary Permit 3,000.00
Legal Cost 24,880.00 15,500.00 15,500.00
 Note 3
Maintenance and Materials Supplies Expense 2018 2019 2020
Trash Can 300.00 300.00 300.00
Wiper/Rug 600.00 600.00 600.00
Garbage bag (per pack) 3,600.00 3,600.00 3,600.00
Dishwashing Liquid 1,680.00 1,680.00 1,680.00
Sponge 312.00 312.00 312.00
Steel Sponge 240.00 240.00 240.00
Mop 500.00 500.00 500.00
Broom 100.00 100.00 100.00
Dust Pan 90.00 90.00 90.00
TOTAL 7,422.00 7,422.00 7,422.00
Annual Growth in Consumption - 2.00% 4.00%
Maintenance and Materials Supplies Expense 7,422.00 7,570.44 7,718.88

Note 4
Office Supplies Expense 2018 2019 2020
Journal & Ledger 54.75 54.75 54.75
Ball pen 180.00 180.00 180.00
Bond Paper (Letter size 8.5"x11') 2,037.50 2,037.50 2,037.50
Calculator 50.00 50.00 50.00
Folder Short(242mmx368mm) 80.00 80.00 80.00
Record book (time in/time out) 55.75 55.75 55.75
Stapler (No.35) 110.00 110.00 110.00
TOTAL 2,568.00 2,568.00 2,568.00
Annual Growth in Consumption - 2.00% 4.00%
Office Supplies Expense 2,568.00 2,619.36 2,670.72

Note 5
Uniform Expense 2018 2019 2020
Uniform Top - Crew's Uniform 960.00 960.00 960.00
Uniform Top - Manager's Uniform 320.00 320.00 320.00
Apron 80.00 80.00 80.00
Hair Net 40.00 40.00 40.00
Name Plate 80.00 80.00 80.00
TOTAL 1,480.00 1,480.00 1,480.00
Annual Growth in Consumption - 2.00% 4.00%
Uniforms Expense 1,480.00 1,509.60 1,539.20

Note 1
Rent Expense 2018 2019 2020
Monthly Rent 15,000.00 15,000.00 15,000.00
Number of Months In A Year 12 12 12
Total Rent Expense 180,000.00 180,000.00 180,000.00
Annual Growth of Consumption 2.00% 4.00%
Rent Expense 120,000.00 183,600.00 187,200.00

Note 6
Utilities Expense 2018 2019 2020
Water 3,000 3060 3121.2
Electricity 5,000 5100 5202
Montly Utilities 8,000 8160 8323.2
Note 7 2018 2019 2020 Note 10
SSS Employer's Share (Payroll) 49,092.00 53,528.00 58,825.00 13th Month pay
EC Employer's Share (Payroll) 960.00 960.00 960.00 Store Manager
SSS and EC Premiums Expense 50,052.00 54,488.00 59,785.00 Cashier
Cook 1
Note 8 2018 2019 2020 Cook 2
Employer's Share (Payroll) 687.50 762.50 825.00 Crew 1
Philhealth Premiums Expense 687.50 762.50 825.00 Crew 2
13th Month pay
Note 9 2018 2019 2020
Employer's Share (Payroll) 7,200.00 7,200.00 7,200.00
PAGIBIG Premiums Expense 7,200.00 7,200.00 7,200.00

Note 11
Advertising expense 1,477.00 1,477.00 1,477.00
2.00% 4.00%
Total Advertising Expense 1,477.00 1,506.54 1,536.08

Note 12
Depreciation- Store Equipment
Electric stove 130 130 130
Refrigerator 2799.6 2799.6 2799.6
Pitcher 150 150 150
Deep Fryer 380 380 380
Cash box 178.8 178.8 178.8
Depreciation- Store Equipment 3638.4 3638.4 3638.4

Note 13
Depreciation-Furnitures and Fixtures
Table & chairs 9,600 9,600 9,600
Exhaust fan 100 100 100
Electric fan 336.00 336.00 336.00
Wall clock 60 60 60
Fire extinguisher 480 480 480
Counter 2000 2000 2000
Depreciation-Furnitures and Fixtures 12,576 12,576 12,576

2%
 Note 14
2018 2019 2020 Store Supplies 2018 2019
10,400 11,440 12,584 Plates 1000 1020
9,100 10,010 11,011 Utensils 500 600
9,100 10,010 11,011 Glasses 1800 1836
9,100 10,010 11,011 Plastic for hands 24960 25459.2
9,100 10,010 11,011 Cups 300 305
9,100 10,010 11,011 Total Store supplies 28560 29220.2
55,900 61,490 67,639

Note 15
Year Salaries Expense
2018 234000
2019 257,400
2020 283,140

Note 16
Cost of Goods Sold
2018 2,187,370.85
2019 2,269,262.75
2020 2,355,628.82
 Note 17
2020 Manufacturing Overhead
1040.4 Rent Expense-25% 180,000 183,600 187,272
612 Utilities expense 96,000 97920 99,878.40
1872.72 Dep-Store equipment 3,638.40 3,638.40 3,638.40
25968.38 Dep-Kitchen Tools and utensils 288.95 288.95 288.95
311.1 Manufacturing Overhead 279,927 285,447 291,078
29804.6
Note 18
kitchen Tools
Mixing bowl 380 380 380
Measuring cups 100 100 100
Knives 425 425 425
Chopping Board 199.75 199.75 199.75
Tongs 160 160 160
Serving tray 90 90 90
Spatula 90 90 90
kitchen Tools 1444.75 1444.75 1444.75

Note 19
Dep-Kitchen tools
Mixing bowl 76
Measuring cups 20
Knives 85
Chopping Board 39.95
Tongs 32
Serving tray 18
Spatula 18
Dep-kitchen Tools 288.95
Note 20 Purchases Price
Direct Labor
Cook 1 Salaries 436,800 480,480 528,528 sack of rice 18,600
Cook 2 Benefits 42,504 46,641.60 50,774.40 sack of flour 2,080
Direct Labor 479,304 527,122 579,302 chicken wings 1,368,000
brown sugar 1,000
soy sauce 910
salt 1,066
butter 1,378
black pepper 636
cayenne pepper 630
paprika 1,045
mayonnaise 520
parmesan cheese 1,560
ground pepper 3,700
barbeque sauce 239
honey 565
hot sauce 635
garlic powder 644
lemon juice 416
teriyaki sauce 600
milk 4,875
ginger powder 760
cooking oil 465
white vinegar 2,522
chili powder 320
iced tea 13,104
Total 1,426,270