Singles Ave Income Statement As of 2,158,800.0 0 400,920.00 1,757,880.0 0 163,092.0 0 19,968.00 5,100.00 3,840.00 282,000.0 0 147,910.9 0 6,000.00 185,040.

0 0 3,000.00 8,615.00

Sales Revenue Less: Cost of Goods Sold Gross Profit Less: Operating Cost Salary Expense SSS PhilHealth Pag-ibig Rental Expense Utilities Expense Transportation Expense Printing Expense Supplies Expense Legal Expense Net Income Before Tax Less: Corporate Income Tax (35%) Net Income After Tax

824,565.90 933,314.10 326,659.94 606,654.17

*Sales Revenue computation see table 3.1 Cost of Goods Sold computation see table 3.2 Rental Expense computation see table 3.3 Utilities Expense computation see table 3.4 Transportation Expense computation see table 3.5 Printing Expense computation see table 3.6 Supplies Expense computation see table 3.7 Salary Expense, SSS, PhilHealth, Pag-ibig computation see table 3.8 Legal Expenses computation see table 3.9 Actual Demand computation see table 3.10

APPENDIX Table 3.1 Computation of Sales Revenue Quantity per month Price Sales per month Sales per year Table 3.2 Computation of Cost of Goods Sold Raw material (T-shirt) Quantity Total Cost Total Cost per year Table 3.3 Computation of Rental Expense per month 16,000.00 7,500.00 65.00 514.00 33,410.00 400,920.00 514.00 350.00 179,900.00 2,158,800.00

Main Office and Outlet Warehouse Total rent per year Table 3.4

per year 192,000.00 90,000.00 282,000.00

Computation of Utilities Expense per month A. Electricity Main Office Warehouse Total Electricity B. Water Main Office Warehouse Total Water 6,883.29 2,962.62

per year 82,599.48 35,551.44 118,150.92 3,600.00 2,400.00 6,000.00

300.00 200.00

C. Communication Main Office Warehouse Total Communication Total Utilities Table 3.5

990.00 990.00

11,880.00 11,880.00 23,760.00 147,910.92

Total Deliver Table 3.6

Computation of Transportation Expense per month 500.00

per year 6,000.00

Computation of Printing Expense per unit price quantity per month Printing Expense per month Printing Expense per year Table 3.7 Computation of Supplies Expense per month Supplies Expense /6 months 1,500.00 Table 3.8 Computation of Salary per month A. 4000php. Salary (2 emp.) Salary SSS Philhealth Pag-ibig Total B. 3000php. Salary (1emp.) Salary 4,000.00 416.00 100.00 80.00 3,404.00 3,000.00 30.00 514.00 15,420.00 185,040.00

per year 3,000.00

per year 48,000.00 4,992.00 1,200.00 960.00 55,152.00 36,000.00 96,000.00 9,984.00 2,400.00 1,920.00

SSS Philhealth Pag-ibig Total C. 5000php Salary (1emp.) Salary SSS Philhealth Pag-ibig Total D. Totals Salary w/deduction SSS Philhealth Pag-ibig Total Table 3.9

312.00 100.00 60.00 2,528.00 5,000.00 520.00 125.00 100.00 4,255.00

3,744.00 1,200.00 720.00 30,336.00 60,000.00 6,240.00 1,500.00 1,200.00 51,060.00 163,092.00 19,968.00 5,100.00 3,840.00 192,000.00

Computation of Legal Expenses A. Breakdown of Mayor's Permit Sanitary Permit Garbage Collection Fee Occupational Tax Police Clearance Plumbing Inspection Fee Electrical Inspection Fee Building Permit Fee Sign board Permit Fee Total B. Barangay Clearance Total Legal Expense

900.00 2,500.00 260.00 905.00 1,500.00 850.00 500.00 400.00 7,815.00 800.00 8,615.00

Table 3.10

Computation of Actual Demand Attainable Demand Competitors Actual Demand Actual Demand (monthly) 15,840 9,680 6,160 514