FINANCIAL PLAN

Quick Print Services

Projected Service Income BudgetTRECE MARTIRES CITY SENIOR HIGH SCHOOL
HUMANITIES AND SOCIAL SCIENCES January 2020 to December 2020
Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Total

Print
(Black)
Expected
unit
1,712 1,000 1,200 1,456 1,359 1,380 1,800 2,106 1,320 1,500 2,200 2,000 19,033
income
per month
Selling
Price 3 3 3 3 3 3 3 3 3 3 3 3 3

aSubtotal 5,136 3,000 3,600 4,368 4,077 4,140 5,400 6,318 3,960 4,500 6,600 6,000 57,099

Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec Total

Print
(Colored)
Expected
unit
income 1,631 1,253 1,764 1,028 549 853 1,336 3,206 2,568 1,950 2,563 3,989 22,690
per month

Selling
5 5 5 5 5 5 5 5 5 5 5 5 5
Price
Subtotal 2,74 16,03 12,81
8,155 6,265 8,820 5,140 4,265 6,680 12,840 9,750 19,945 113,450
5 0 5

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 Quick Print Services
Projected Service Income Budget
January 2020 to December 2020

Jan Feb Mar Apr May June July Aug Sept TRECE
Oct MARTIRES
Nov Dec SENIOR
CITY TotalHIGH SCHOOL

HUMANITIES AND SOCIAL SCIENCES

Photocop
y (Black)

Expected
2,75 2,00 1.88 2,20 1,78 2,76 1,98 2,30 2,24 2,45 1,78 1,63
unit 25,799
7 0 9 0 0 2 9 2 4 6 7 3
income per
month
Selling
2 2 2 2 2 2 2 2 2 2 2 2 2
Price
Subtotal 5,51 4,00 3,77 4,40 3,56 5,52 3,97 4,60 4,48 4,91 3,57 3,26
51,598
4 0 8 0 0 4 8 4 8 2 4 6
Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec Total

Photocopy
(Colored)

Expected
unit income
1,250 1,380 1,472 1,476 1,285 1,465 1,280 1,230 1,321 1,105 1,185 1,008 15,457
per month

Selling
4 4 4 4 4 4 4 4 4 4 4 4 4
Price
Subtotal 5,000 5,520 5,888 5,904 5,140 5,860 5,120 4,920 5,284 4,420 4,740 4,032 61,828
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 Quick Print Services
Projected Service Income Budget
TRECE MARTIRES CITY SENIOR HIGH SCHOOL
January 2020 to December 2020
HUMANITIES AND SOCIAL SCIENCES
Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec Total

Typing
Job
Expected
unit
income 19 14 21 20 10 36 29 15 12 9 17 22 224
per
month
Selling
20 20 20 20 20 20 20 20 20 20 20 20 20
Price
Subtotal 380 280 420 400 200 720 580 300 240 180 340 440 4,480
 Quick Print Services
Projected Service Income Budget
January 2020 to December 2020
Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec Total

Scan

Expected
unit
income per 53 31 65 84 37 42 15 34 26 67 59 54 567
month

Selling
5 5 5 5 5 5 5 5 5 5 5 5 5
Price

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 Subtotal 265 155 325 420 185 210 75 170 130 335 295 270 2,835

TRECE MARTIRES CITY SENIOR HIGH SCHOOL

HUMANITIES AND SOCIAL SCIENCES

Quick Print Services

Projected Service Income Budget

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 January 2020 to December 2020
Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec Total

Business
Card

Expected
unit TRECE MARTIRES CITY SENIOR HIGH SCHOOL
HUMANITIES AND Income
SOCIAL SCIENCES
16 19 15 11 13 15 14 18 11 12 29 23 196
per month

Selling
Price 30 30 30 30 30 30 30 30 30 30 30 30 30
Subtotal
480 570 450 330 390 450 420 540 330 360 870 690 5,880

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 Quick Print Services
Projected Direct materials
January 2020 to December 2020
Jan Feb March April May June July August Sept Oct Nov Dec Total
TRECE MARTIRES CITY SENIOR HIGH SCHOOL
HUMANITIES AND SOCIAL
Direct SCIENCES
Materials

Print 1,060 300 760 430 1,060 300 760 430 930 300 570 760 7,660

Photocopy 1,060 300 170 760 300 760 490 560 1,060 480 130 670 6,740

Business card 560 80 210 430 130 120 390 170 40 260 210 430 3,030

Total Direct Materials 2,680 680 1,140 1,620 1,490 1,180 1,640 1,160 2,030 1,040 910 1,860 17,430

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 In table no. 1, it shows the projected direct materials in production of the service in the January 2020 to

December 2020. The projected direct materials of print are in between 1,060 to 760 php per month, the

photocopy are in between 1,060 to 670 php per month, and the business card are in between 560 to 430 php

per month. The total direct materials of the service is 17,430 php.
 Quick Print Services
Projected Factory Overhead Budget

January 2020 to December 2020

Jan Feb Mar Apr May June July Aug TRECE
Sept MARTIRES
Oct CITY
NovSENIORDec
HIGH SCHOOL
Total

HUMANITIES AND SOCIAL SCIENCES

Utilities 0 0 0 0 0 0 0 0 0 0 0 0 0

Depreciation 1,520 1,520 1,520 1,520 1,520 1,520 1,520 1,520 1,520 1,520 1,520 1,520 18,240

Total Factory Overhead 1,520 1,520 1,520 1,520 1,520 1,520 1,520 1,520 1,520 1,520 1,520 1,520 18,240

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 In the table no.2, it shows the project factory overhead from month of January 2020 to December 2020.

The utilities cost is 0 php per month and the depreciation cost is 1,520 php per month. In total of factory

overhead budget is 1,520 php per month. Overall, the total of overhead budget in year 2020 is 18,240 php.
 TRECE MARTIRES CITY SENIOR HIGH SCHOOL

Quick Print Services

Projected Direct Labor Budget

January 2020 to December 2020

HUMANITIES AND SOCIAL SCIENCES

January February March April May June July August Sept Oct Nov Dec Total

Number of Workers 9 9 9 9 9 9 9 9 9 9 9 9

Labor per month 350 350 350 350 350 350 350 350 350 350 350 350 4,200

Direct Labor Cost 3,150 3,150 3,150 3,150 3,150 3,150 3,150 3,150 3,150 3,150 3,150 3,150 37,800

The table no. 3 shows the projected direct labor budget per month of the Quick Print. The total number

of workers is 9 persons and the labor per month is 350 php. The total cost of direct labor per month is 3,150

php. Overall, the projected direct labor for the year 2020 is 37,800 php.

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 January February March April May June July August Septembe
r
October November Decembe
r
Total
Quick
Print
Direct Materials 2,680.00 2,680.00 2,680.00 2,680.00 2,680.00 2,680.00 2,680.00 2,680.00 2,680.00 2,680.00 2,680.00 2,680.00 32,160.00

Direct Labor 3,150.00 3,150.00 3,150.00 3,150.00 3,150.00 3,150.00 3,150.00 3,150.00 TRECE 3,150.00
3,150.00 MARTIRES
3,150.00CITY SENIOR
3,150.00 HIGH SCHOOL
37,800

HUMANITIES AND SOCIAL

Factory Overhead SCIENCES
1,520 1,520 1,520 1,520 1,520 1,520 1,520 1,520 1,520 1,520 1,520 1,520 18,240

Add. Beginning work in Progress 0 0 0 0 0 0 0 0 0 0 0 0 0

Less. Ending Work in progress 0 0 0 0 0 0 0 0 0 0 0 0 0

Total Cost of Good Sold 7,350.00 7,350.00 7,350.00 7,350.00 7,350.00 7,350.00 7,350.00 7,350.00 7,350.00 7,350.00 7,350.00 7,350.00 88,200.00

Services
Projected Cost of Good Sold
January 2020 to December 2020

In the table no. 4, it shows the projected cost of good sold from the month of 2020 to December 2020.

In the direct material cost is 2,680 php per month. In total of 32,160 php for the month of January 2020 to

December 2020. On the other hand, the direct labor cost is 3,150 php per month. In total of 37,800 php for

the month of January 2020 to December 2020. Moreover, the factory overhead per month is 1, 520 php, in
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 total of 18,240 for the year 2020. Overall, the cost of good sold per month for the month of 2020 is 7,350 php.

The overall total of cost of good sold in the year 2020 is 88,200 php.

Quick Print Services

TRECE MARTIRES CITY SENIOR HIGH SCHOOL
Projected Operating Expenses Budget
HUMANITIES AND SOCIAL SCIENCES
January 2020 to December 2020
Jan Feb March April May June July Aug Sept Oct Nov Dec Total

Marketing Expenses 500 500 500 500 500 500 500 500 500 500 500 500 6,000

Vehicle Transportation 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 12,000

Total Operating 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 1,500 18,000
Expenses

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 In the table no. 5, it shows the projected operating expenses budget for the January 2020 to December

2020. The marketing expenses which include the expenses for promotion of the business is 500 php per month

and total of 6,000 php for 2020. Moreover, the projected vehicle transportation cost is 1,000 php per month and

total of 12,000 php for the year 2020. Overall, the projected operating expenses budget is 18,000 php for the

year 2020.
 TRECE MARTIRES CITY SENIOR HIGH SCHOOL

Quick Print Services

Income Statement
January 2020 to December 2020

Jan Feb March April May June July Aug Sept Oct Nov Dec Total

HUMANITIES AND SOCIAL SCIENCES

Net Income 24,930.00 19,790.0 23,281.00 20,962.00 16,297.00 21,169.0 26,673.0 32,882.0 27,272.0 24,465.0 29,234.0 34,643 301,598.00
0 0 0 0 0 0 0

Less cost of Goods Sold 7,350.00 7,350.00 7,350.00 7,350.00 7,350.00 7,350.00 7,350.00 7,350.00 7,350.00 7,350.00 7,350.00 7,350.00 88,200.00

Gross Profit 17,580.00 12,440.0 15,931.00 13,612.00 8,947.00 13,819.0 19,323.0 25,532.0 19,922.0 17,295.0 21,884.0 27,293.0 213,398.00
0 0 0 0 0 0 0 0

Less operating cost 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 18,000.00

Net Income Tax 16,080.00 10,940.0 14,431.00 12,112.00 7,447.00 12,319.0 17,823.0 24,032.0 18,422.0 15,795.0 20,384.0 20,384.0 195,398.00
0 0 0 0 0 0 0 0

Less tax 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Income after Tax 16,080.00 10,940.0 14,431.00 12,112.00 7,447.00 12,319.0 17,823.0 24,032.0 18,422.0 15,795.0 20,384.0 20,384.0 195,398.00
0 0 0 0 0 0 0 0

In table no. 6, it shows the income statement of Quick Print for January 2020 to December 2020. Likewise,

the total net sales for year 2020 are 301,598 php. The total of the less cost of good sold year 2020 are 88,200

php. Moreover, the total gross profit for year 2020 is 213,398 php. The total fewer operating expenses for year

2020 are 18,000 php and the total net income for year 2020 are 195,398 php.

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