Veggietizer (Veggie Meat) Feasibility Study

by lindberghlendl in Issues, November 23, 2011

A feasibility study about veggie meat production by the students of Urdaneta City University. This study may serve as a guide for researchers in making feasibility studies. It may also be useful for businessmen aiming to establish a similar venture.

Sept

Oct

Nov

Dec

Total

No. of Working days

General Manager

13650

163800

Cashier

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7875

94500

Delivery Man

6552

6048

6804

6552

6804

6552

6804

78876

Utility Staff

6552

6048

6804

6552

6804

6552

6804

78876

Total

34629

33621

35133

34629

35133

34629

35133

416052

Year Three

Jan

Feb

March

April

May

June

July

Aug

Sept

Oct

Nov

Dec

Total

No. of Working days

General Manager

14332

171984

Cashier

8269

99228

Delivery Man

6890

6360

7155

6890

7155

6890

7155

82945

Utility Staff

6890

6360

7155

6890

7155

6890

7155

82945

Total

36381

35321

36911

36381

36911

36381

36911

437102

APPENDIX Q -continued

Year Four

Jan

Feb

March

April

May

June

July

Aug

Sept

Oct

Nov

Dec

Total

No. of Working days

General Manager

15049

180588

Cashier

8682

104184

Delivery Man

7228

6672

7506

7228

7506

7228

7506

87014

Utility Staff

7228

6672

7506

7228

7506

7228

7506

87014

Total

38187

37075

38743

38187

38743

38187

38743

458800

Year Five

Jan

Feb

March

April

May

June

July

Aug

Sept

Oct

Nov

Dec

Total

No. of Working days

General Manager

15801

189612

Cashier

9116

109392

Delivery Man

7592

7008

7884

7592

7884

7592

7884

91396

Utility Staff

7592

7008

7884

7592

7884

7592

7884

91396

Total

40101

38933

40685

40101

40685

40101

40685

481796

APPENDIX R

Supporting Computation: Direct Labor


Year One
	Jan.	Feb.	March	April	May	June	July	Aug.	Sept.	Oct.	Nov.	Dec.	Total
No. of Working days	26	24	27	26	26	26	26	27	26	26	26	27
Processor 1	6240	5760	6480	6240	6240	6240	6240	6480	6240	6240	6240	6480	75120
Processor 2	6240	5760	6480	6240	6240	6240	6240	6480	6240	6240	6240	6480	75120
Processor 3	6240	5760	6480	6240	6240	6240	6240	6480	6240	6240	6240	6480	75120
Processor 4	6240	5760	6480	6240	6240	6240	6240	6480	6240	6240	6240	6480	75120
Total Direct Labor	24960	23040	25920	24960	24960	24960	24960	25920	24960	24960	24960	25920	300480

Year Two
	Jan.	Feb.	March	April	May	June	July	Aug.	Sept.	Oct.	Nov.	Dec.	Total
No. of Working days	26	24	27	26	26	26	26	27	26	26	26	27
Processor 1	6552	6048	6804	6552	6552	6552	6552	6804	6552	6552	6552	6804	78876
Processor 2	6552	6048	6804	6552	6552	6552	6552	6804	6552	6552	6552	6804	78876
Processor 3	6552	6048	6804	6552	6552	6552	6552	6804	6552	6552	6552	6804	78876
Processor 4	6552	6048	6804	6552	6552	6552	6552	6804	6552	6552	6552	6804	78876
Processor 5	6552	6048	6804	6552	6552	6552	6552	6804	6552	6552	6552	6804	78876
Total Direct Labor	32760	30240	34020	32760	32760	32760	32760	34020	32760	32760	32760	34020	394380

APPENDIX R- continued

Year Three
	Jan.	Feb.	March	April	May	June	July	Aug.	Sept.	Oct.	Nov.	Dec.	Total
No. of Working days	26	24	27	26	26	26	26	27	26	26	26	27
Processor 1	6890	6360	7155	6890	6890	6890	6890	7155	6890	6890	6890	7155	82945
Processor 2	6890	6360	7155	6890	6890	6890	6890	7155	6890	6890	6890	7155	82945
Processor 3	6890	6360	7155	6890	6890	6890	6890	7155	6890	6890	6890	7155	82945
Processor 4	6890	6360	7155	6890	6890	6890	6890	7155	6890	6890	6890	7155	82945
Processor 5	6890	6360	7155	6890	6890	6890	6890	7155	6890	6890	6890	7155	82945
Processor 6	6890	6360	7155	6890	6890	6890	6890	7155	6890	6890	6890	7155	82945
Total Direct Labor	41340	38160	42930	41340	41340	41340	41340	42930	41340	41340	41340	42930	497670

Year Four
	Jan.	Feb.	March	April	May	June	July	Aug.	Sept.	Oct.	Nov.	Dec.	Total
No. of Working days	26	24	27	26	26	26	26	27	26	26	26	27
Processor 1	7228	6672	7506	7228	7228	7228	7228	7506	7228	7228	7228	7506	87014
Processor 2	7228	6672	7506	7228	7228	7228	7228	7506	7228	7228	7228	7506	87014
Processor 3	7228	6672	7506	7228	7228	7228	7228	7506	7228	7228	7228	7506	87014
Processor 4	7228	6672	7506	7228	7228	7228	7228	7506	7228	7228	7228	7506	87014
Processor 5	7228	6672	7506	7228	7228	7228	7228	7506	7228	7228	7228	7506	87014
Processor 6	7228	6672	7506	7228	7228	7228	7228	7506	7228	7228	7228	7506	87014
Processor 7	7228	6672	7506	7228	7228	7228	7228	7506	7228	7228	7228	7506	87014
Total Direct Labor	50596	46704	52542	50596	50596	50596	50596	52542	50596	50596	50596	52542	609098

APPENDIX R-continued


Year Five
	Jan.	Feb.	March	April	May	June	July	Aug.	Sept.	Oct.	Nov.	Dec.	Total
No. of Working days	26	24	27	26	26	26	26	27	26	26	26	27
Processor 1	7592	7008	7884	7592	7592	7592	7592	7884	7592	7592	7592	7884	91396
Processor 2	7592	7008	7884	7592	7592	7592	7592	7884	7592	7592	7592	7884	91396
Processor 3	7592	7008	7884	7592	7592	7592	7592	7884	7592	7592	7592	7884	91396
Processor 4	7592	7008	7884	7592	7592	7592	7592	7884	7592	7592	7592	7884	91396
Processor 5	7592	7008	7884	7592	7592	7592	7592	7884	7592	7592	7592	7884	91396
Processor 6	7592	7008	7884	7592	7592	7592	7592	7884	7592	7592	7592	7884	91396
Processor 7	7592	7008	7884	7592	7592	7592	7592	7884	7592	7592	7592	7884	91396
Processor 8	7592	7008	7884	7592	7592	7592	7592	7884	7592	7592	7592	7884	91396
Total Direct Labor	60736	56064	63072	60736	60736	60736	60736	63072	60736	60736	60736	63072	731168

APPENDIX S

Supporting Computation: SSS and EC Contribution/Operating Expenses

Year One

Employee

Jan.

Feb.

March

April

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Total

General Manager

928.7

11144.4

Cashier

540

6480

Delivery Man

434

469.3

434

469.3

434

469.3

5313.9

Utility Staff

434

469.3

434

469.3

434

469.3

5313.9

Total

2336.7

2407.3

2336.7

2407.3

2336.7

2407.3

28252.20

Year Two

Employee

Jan.

Feb.

March

April

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Total

General Manager

964

11568

Cashier

575.3

6903.6

Delivery Man

469.3

434

504.7

469.3

504.7

469.3

504.7

5702.5

Utility Staff

469.3

434

504.7

469.3

504.7

469.3

504.7

5702.5

Total

2477.9

2407.3

2548.7

2477.9

2548.7

2477.9

2548.7

29876.60

Year Three

Employee

Jan.

Feb.

March

April

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Total

General Manager

1034.7

12416.4

Cashier

610.7

7328.4

Delivery Man

504.7

469.3

504.7

469.3

504.7

5985.6

Utility Staff

504.7

469.3

504.7

469.3

504.7

5985.6

Total

2654.8

2584

2654.8

2584

2654.8

31716

APPENDIX S- continued

Year Four

Employee

Jan.

Feb.

March

April

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Total

General Manager

1090

13080

Cashier

610.7

7328.4

Delivery Man

504.7

469.3

540

504.7

540

504.7

540

6126.9

Utility Staff

504.7

469.3

540

504.7

540

504.7

540

6126.9

Total

2710.1

2639.3

2780.7

2710.1

2780.7

2710.1

2780.7

32662.20

Year Five

Employee

Jan.

Feb.

March

April

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Total

General Manager

1090

13080

Cashier

646

7752

Delivery Man

540

504.7

575.3

540

575.3

540

575.3

6550.6

Utility Staff

540

504.7

575.3

540

575.3

540

575.3

6550.6

Total

2816

2745.4

2886.6

2816

2886.6

2816

2886.6

33933.20

APPENDIX T

Supporting Computations: Philhealth Contributions/Operating Expense

Year One (1)

Employee

January

February

March

April

May

June

July

August

September

October

November

December

Total

General Manager

162.5

1,950.00

Cashier

87.5

1,050.00

Delivery Man

62.5

887.50

Utility Staff

62.5

887.5

Total

400

375

400

4,775.00

Year Two (2)

Employee

January

February

March

April

May

June

July

August

September

October

November

December

Total

General Manager

162.5

1,950.00

Cashier

87.5

1,050.00

Delivery Man

900.00

Utility Staff

900

Total

400

4,800.00

Year Three (3)

Employee

January

February

March

April

May

June

July

August

September

October

November

December

Total

General Manager

175

2,100.00

Cashier

100

1,200.00

Delivery Man

87.5

937.50

Utility Staff

87.5

937.5

Total

425

450

425

450

425

450

5,175.00

APPENDIX T continued

Year Four (4)

Employee

January

February

March

April

May

June

July

August

September

October

November

December

Total

General Manager

187.5

2,250.00

Cashier

100

1,200.00

Delivery Man

87.5

1,037.50

Utility Staff

87.5

1037.5

Total

462.5

437.5

462.5

5,525.00

Year Five (5)

Employee

January

February

March

April

May

June

July

August

September

October

November

December

Total

General Manager

187.5

2,250.00

Cashier

112.5

1,350.00

Delivery Man

87.5

1,050.00

Utility Staff

87.5

1050

Total

475

5,700.00

APPENDIX U

Supporting Computations: Factory Overhead

Salaries – Production Manager/Indirect Labor

Year 1

JAN.

FEB.

MAR.

APR.

MAY

JUNE

JULY

AUG.

SEPT.

OCT.

NOV.

DEC.

TOTAL

Production Mngr.- FOH

10,000

120,000

Year 2

Production Mngr. – FOH

10,500

126,000

Year 3

Production Mngr. – FOH

11,025

132,300

Year 4

Production Mngr. – FOH

11,576

138,915

Year 5

Production Mngr.- FOH

12,155

145,861

SSS and EC Contribution – Processors and Production Leader

Year 1

JAN.

FEB.

MAR.

APR.

MAY

JUNE

JULY

AUG.

SEPT.

OCT.

NOV.

DEC.

TOTAL

Production Mngr.

716.7

8600.4

Processor 1

434

469.3

434

469.3

434

469.3

5313.9

Processor 2

434

469.3

434

469.3

434

469.3

5313.9

Processor 3

434

469.3

434

469.3

434

469.3

5313.9

Processor 4

434

469.3

434

469.3

434

469.3

5313.9

FOH

2453

2594

2453

2594

2453

2594

29856

APPENDIX U continued

Year 2

JAN.

FEB.

MAR.

APR.

MAY

JUNE

JULY

AUG.

SEPT.

OCT.

NOV.

DEC.

TOTAL

Production Mngr.

752

9024

Processor 1

469.3

434

504.7

469.3

504.7

469.3

504.7

5702.5

Processor 2

469.3

434

504.7

469.3

504.7

469.3

504.7

5702.5

Processor 3

469.3

434

504.7

469.3

504.7

469.3

504.7

5702.5

Processor 4

469.3

434

504.7

469.3

504.7

469.3

504.7

5702.5

Processor 5

469.3

434

504.7

469.3

504.7

469.3

504.7

5702.5

FOH

3099

2922

3276

3099

3276

3099

3276

37536.5

Year 3

JAN.

FEB.

MAR.

APR.

MAY

JUNE

JULY

AUG.

SEPT.

OCT.

NOV.

DEC.

TOTAL

Production Mngr.

787.3

9447.6

Processor 1

504.7

469.3

504.7

6021

Processor 2

504.7

469.3

504.7

6021

Processor 3

504.7

469.3

504.7

6021

Processor 4

504.7

469.3

504.7

6021

Processor 5

504.7

469.3

504.7

6021

Processor 6

504.7

469.3

504.7

6021

FOH

3816

3603

3816

45573.6

APPENDIX U continued

Year 4

JAN.

FEB.

MAR.

APR.

MAY

JUNE

JULY

AUG.

SEPT.

OCT.

NOV.

DEC.

TOTAL

Production Mngr.

822.7

9872.4

Processor 1

504.7

469.3

540

504.7

540

504.7

540

6126.9

Processor 2

504.7

469.3

540

504.7

540

504.7

540

6126.9

Processor 3

504.7

469.3

540

504.7

540

504.7

540

6126.9

Processor 4

504.7

469.3

540

504.7

540

504.7

540

6126.9

Processor 5

504.7

469.3

540

504.7

540

504.7

540

6126.9

Processor 6

504.7

469.3

540

504.7

540

504.7

540

6126.9

Processor 7

504.7

469.3

540

504.7

540

504.7

540

6126.9

FOH

4356

4108

4603

4356

4603

4356

4603

52760.7

Year 5

JAN.

FEB.

MAR.

APR.

MAY

JUNE

JULY

AUG.

SEPT.

OCT.

NOV.

DEC.

TOTAL

Production Mngr.

858

10296

Processor 1

540

504.7

575.3

540

575.3

540

575.3

6550.6

Processor 2

540

504.7

575.3

540

575.3

540

575.3

6550.6

Processor 3

540

504.7

575.3

540

575.3

540

575.3

6550.6

Processor 4

540

504.7

575.3

540

575.3

540

575.3

6550.6

Processor 5

540

504.7

575.3

540

575.3

540

575.3

6550.6

Processor 6

540

504.7

575.3

540

575.3

540

575.3

6550.6

Processor 7

540

504.7

575.3

540

575.3

540

575.3

6550.6

Processor 8

540

504.7

575.3

540

575.3

540

575.3

6550.6

FOH

5178

4896

5460

5178

5460

5178

5460

62700.8

APPENDIX U continued

Philheath Contributions – Processors and Production Manager

Year 1

JAN.

FEB.

MAR.

APR.

MAY

JUNE

JULY

AUG.

SEPT.

OCT.

NOV.

DEC.

TOTAL

Production Manager

125

1500

Processor 1

62.5

887.5

Processor 2

62.5

887.5

Processor 3

62.5

887.5

Processor 4

62.5

887.5

FOH

425

375

425

5,050.00

Year 2

JAN.

FEB.

MAR.

APR.

MAY

JUNE

JULY

AUG.

SEPT.

OCT.

NOV.

DEC.

TOTAL

Production Manager

125

1500

Processor 1

900

Processor 2

900

Processor 3

900

Processor 4

900

Processor 5

900

FOH

500

6,000.00

APPENDIX U continued

Year 3

JAN.

FEB.

MAR.

APR.

MAY

JUNE

JULY

AUG.

SEPT.

OCT.

NOV.

DEC.

TOTAL

Production Manager

137.5

1,650.00

Processor 1

87.5

937.5

Processor 2

87.5

937.5

Processor 3

87.5

937.5

Processor 4

87.5

937.5

Processor 5

87.5

937.5

Processor 6

87.5

937.5

FOH

587.5

662.5

587.5

662.5

587.5

662.5

7,275.00

Year 4

JAN.

FEB.

MAR.

APR.

MAY

JUNE

JULY

AUG.

SEPT.

OCT.

NOV.

DEC.

TOTAL

Production Manager

137.5

1,650.00

Processor 1

87.5

1037.5

Processor 2

87.5

1037.5

Processor 3

87.5

1037.5

Processor 4

87.5

1037.5

Processor 5

87.5

1037.5

Processor 6

87.5

1037.5

Processor 7

87.5

1037.5

FOH

750

662.5

750

8,912.50

APPENDIX U continued

Year 5

JAN.

FEB.

MAR.

APR.

MAY

JUNE

JULY

AUG.

SEPT.

OCT.

NOV.

DEC.

TOTAL

Production Manager

150

1,800.00

Processor 1

87.5

1050

Processor 2

87.5

1050

Processor 3

87.5

1050

Processor 4

87.5

1050

Processor 5

87.5

1050

Processor 6

87.5

1050

Processor 7

87.5

1050

Processor 8

87.5

1050

FOH

850

10,200

APPENDIX V continued

13th Month Pay – Processors and Production Manager


	Year 1	Year 2	Year 3	Year 4	Year 5
Production Manager	10,000.00	10,500.00	11,025.00	11,576.00	12,155.00
Processor 1	6,260.00	6,573.00	6,912.08	7,251.17	7,616.33
Processor 2	6,260.00	6,573.00	6,912.08	7,251.17	7,616.33
Processor 3	6,260.00	6,573.00	6,912.08	7,251.17	7,616.33
Processor 4	6,260.00	6,573.00	6,912.08	7,251.17	7,616.33
Processor 5		6,573.00	6,912.08	7,251.17	7,616.33
Processor 6			6,912.08	7,251.17	7,616.33
Processor 7				7,251.17	7,616.33
Processor 8					7,616.33
FOH	35,040.00	43,365.00	52,497.48	62,334.19	73,085.64

APPENDIX V

Supporting Computations: 13th Month Pay – Selling and Administrative



	2011	2012	2013	2014	2015
General Manager	13,000.00	13,650.00	14,332.00	15,049.00	15,801.00
Cashier	7,500.00	7,875.00	8,269.00	8,682.00	9,116.00
Delivery Man	6,260.00	6,573.00	6,912.08	7,251.17	7,616.33
Utility Staff	6,260.00	6,573.00	6,912.08	7,251.17	7,616.33
Total	33,020.00	34,671.00	36,425.16	38,233.34	40,149.66

APPENDIX W

Supporting Computations: Net Income Distribution

Castillo

Cruz

Plaba

Rufon

Soria

Total

Year 1 – 2011

Net Income Distributed to Partners

120,983.20

120,983.21

604,916.02

Less: Withholding Tax

12,098.32

60,491.60

Net Share of Each Partner

108,884.88

108,884.89

544,424.42

Year 2 – 2012

Net Income Distributed to Partners

223,844.91

1,119,224.55

Less: Withholding Tax

22,384.49

111,922.45

Net Share of Each Partner

201,460.42

1,007,302.10

Year 3 – 2013

Net Income Distributed to Partners

355,389.74

355,389.73

1,776,948.68

Less: Withholding Tax

23,538.97

23,538.96

117,694.83

Net Share of Each Partner

319,850.77

319,850.76

1,599,253.84

Year 4 – 2014

Net Income Distributed to Partners

553,812.20

553,812.19

2,769,060.99

Less: Withholding Tax

55,381.22

276,906.10

Net Share of Each Partner

498,430.98

498,430.97

2,492,154.89

Year 5 – 2015

Net Income Distributed to Partners

676,885.26

676,885.27

3,384,426.32

Less: Withholding Tax

67,688.53

338,442.65

Net Share of Each Partner

609,196.73

609,196.74

3,045,983.67

APPENDIX X
Supporting Computations: Supplies

	Year 1	Year 2	Year 3	Year 4	Year 5
OFFICE SUPPLIES
Daily Time Record (P28.00 x 12)	336.00	353.00	370.00	389.00	408.00
Receipts (P55.00 x 12)	660.00	693.00	728.00	764.00	802.00
Record Book (P66.00 x 12)	792.00	832.00	873.00	917.00	963.00
Payroll Register (P72.00 x 12)	864.00	907.00	952.00	1,000.00	1,050.00
Ballpen (P23.00 x 6)	138.00	145.00	152.00	160.00	168.00
Staple Wire (3 box x P25.00)	75.00	79.00	83.00	87.00	91.00
Bond Paper (1 ream x P130.00)	260.00	273.00	287.00	301.00	316.00
Scotch Tape (4 rolls x P26.00)	104.00	109.00	115.00	120.00	126.00
Computer Ink (P700.00 x 3)	2,100.00	2,205.00	2,315.00	2,431.00	2,553.00
Masking Tape(5 rolls x 28.00)	140.00	147.00	154.00	162.00	170.00
Tape Dispenser ( 1 pc x 60.00)	60.00	63.00	66.00	69.00	73.00
Stapler (1pc x 160.00)	160.00	168.00	176.00	185.00	194.00
Total	5,689.00	5,974.00	6,271.00	6,585.00	6,914.00


LABORATORY SUPPLIES
Plastic Head Cup (8 x 12 xP28.00)	2,400.00	2,520.00	2,646.00	2,778.00	2,917.00
Plastic Apron (8 x 12 x P50.00)	4,800.00	5,040.00	5,292.00	5,557.00	5,834.00
Gloves (8 x 12 x 20)	1,920.00	2,940.00	3,087.00	3,241.00	3,403.00
Mouth Mask (8 x 12 x P24.00)	2,400.00	2,520.00	2,646.00	2,778.30	2,917.22
Total	11,520.00	13,020.00	13,671.00	14,354.30	15,071.22

APPENDIX Y

Supporting Computations: Operating Expenses


Advertising Expense

Streamer	3,600.00
Flyers	2,500.00
Free Taste /Samples	10,000.00
Calendar	5,000.00
Advertising Expense	21,100.00
Year 2-5	7,500.00

Outsourced Labor Expense

Year 1	7500 x 12	90,000.00
Year 2	90000 x 1.05	94,500.00
Year 3	94500 x 1.05	99,225.00
Year 4	99225 x 1.05	104,186.25
Year 5	104186.25 x 1.05	109,395.56

Gasoline Expense

Year 1	7,000 x 12	84,000.00
Year 2	84,000 x 1.05	88,200.00
Year 3	88,000 x 1.05	92,610.00
Year 4	92,610 x 1.05	97,240.50
Year 5	97,240 x 1.05	102,102.52

Organizational Expense

Telephone Installation	2,000.00
Jet Matic Installation	13,000.00
Total	15,000.00

APPENDIX Y continued

Utilities Expense

	Factory Overhead	Operating Expense	Total
Year 1
Electric Bill	71,400.00	30,600.00	102,000.00
Telephone Bill		18,000.00	18,000.00
Total		48,600.00	120,000.00

Year 2
Electric Bill	74,970.00	32,130.00	107,100.00
Telephone Bill		18,900.00	18,900.00
Total		51,030.00	126,000.00

Year 3
Electric Bill	78,718.50	33,736.50	112,455.00
Telephone Bill		19,845.00	19,845.00
Total		53,581.50	132,300.00

Year 4
Electric Bill	82,654.42	35,423.33	118,077.75
Telephone Bill		20,837.25	20,837.25
Total		56,260.58	138,915.00

Year 5
Electric Bill	86,787.14	37,194.50	123,981.64
Telephone Bill		21,879.11	21,879.11
Total		59,073.61	145,860.75

APPENDIX Z
Supporting Computation: Output Tax and Input Tax

Output Tax

Year	Sales	Vat	Output Tax
2011	7,338,455.04	x 12%	880,614.60
2012	9,222,528.00	x 12%	1,106,703.36
2013	10,913,710.08	x 12%	1,309,645.21
2014	13,410,862.08	x 12%	1,609,303.45
2015	15,042,908.16	x 12%	1,805,148.98

Input Tax

Purchases with Vat
	Year 1	Year 2	Year 3	Year 4	Year 5
Curing Salt	525.00	735.00	848.98	1,013.00	1,085.03
Repacking Materials	5,250.00	5,670.00	5,953.68	6,425.05	6,928.54
	5,775.00	6,405.00	6,802.66	7,438.05	8,013.57
No. of days of mfg.	*313	*313	*313	*313	*313
Purchases	1,807,575.00	2,004,765.00	2,129,232.58	2,328,109.65	2,508,247.41
Vat	*12%	*12%	*12%	*12%	*12%
Input Tax	216,909.00	240,572.00	255,508.00	279,373.00	300,990.00

APPENDIX AA

Supporting Computations: Payables and Remittances

Vat Payable

Year	Output Tax	Input Tax	Vat Payable
2011	880,614.60	216,909.00	663,705.60
2012	1,106,703.36	240,572.00	866,131.36
2013	1,309,645.21	255,508.00	1,054,137.21
2014	1,609,303.45	279,373.00	1,329,930.45
2015	1,805,148.98	300,990.00	1,504,158.98

Vat Remittance

Year	Previous	Current	Remittances	Payable
2011	0.00	608,396.80	608,396.80	55,308.80
2012	55,308.80	793,953.75	849,262.55	72,177.61
2013	72,177.61	966,292.44	1,038,470.05	87,844.77
2014	87,844.77	1,219,102.91	1,306,947.68	110,827.54
2015	110,827.54	1,378,812.40	1,489,639.94	125,346.58

Income Tax

Year	Previous	Current	Remittances	Payable
2011	0.00	194,437.30	194,437.30	64,812.43
2012	64,812.43	359,750.75	424,563.18	119,916.92
2013	119,916.92	571,162.07	691,078.99	190,387.36
2014	190,387.36	890,055.32	1,080,442.68	296,685.11
2015	296,685.11	1,087,850.32	1,384,536.43	362,616.11

SSS and EC Contribution Payable

Year	ER	EE	Total Payable
2011	5,001.20	2,316.80	7,318.00
2012	5,824.20	2,699.80	8,524.00
2013	6,470.30	2,999.70	9,470.00
2014	7,383.40	3,416.60	10,800.00
2015	8,347.00	3,867.00	12,214.00

Philhealth Contribution Payable

Year	ER	EE	Total Payable
2011	825.00	825.00	1,650.00
2012	900.00	900.00	1,800.00
2013	1,087.50	1,087.50	2,175.00
2014	1,187.50	1,187.50	2,375.00
2015	1,300.00	1,300.00	2,600.00

APPENDIX AB

DOCUMENTATION PICTURES

VEGGIETIZER PRODUCTS

Veggie Nuggets

Veggie Meatballs

Veggie Burger

VEGGIETIZER T-SHIRT

(green)

VEGGIETIZER T-SHIRT

(white)

CURRICULUM VITAE

Personal Data:

Name : Castillo, Mary Jane Nepales

Nickname : “Mj”

Age : 20

Birthday : November 21, 1988

Address : 5-82 Lelemaan Manaoag, Pangasinan

Civil Status : Single

Citizenship : Filipino

Religion : Roman Catholic

Father’s Name : Rafael G. Castillo

Mother’s Name : Beatriz N. Castillo

Contact No. : 09108023109

Educational Data:

Elementary : Lelemaan Elementary School

Lelemaan Manaoag Pangasinan

2000-2001

Secondary : Manaoag National High School

Manaoag, Pangasinan

2004 – 2005

Tertiary : Urdaneta City University

One San Vicente West, Urdaneta City

Course : Bachelor of Science in Accountancy

“You won’t get 100% if 99% is okay..”

CURRICULUM VITAE

Personal Data:

Name : Cruz, Shiremaine De Leon

Nickname : “Shyre”

Age : 18

Birthday : November 1, 1990

Address : 113 Poblacion East Asingan, Pangasinan

Civil Status : Single

Citizenship : Filipino

Religion : Born Again Christian

Father’s Name : Manuel C. Cruz

Mother’s Name : Marita Imelda L. Cruz

Contact No. : 09157278040

Educational Data:

Elementary : Narciso R. Ramos Elementary School

Asingan, Pangasinan

2001-2002

Secondary : Luciano Millan National High School

Asingan, Pangasinan

2005 – 2006

Tertiary : Urdaneta City University

One San Vicente West, Urdaneta City

Course : Bachelor of Science in Accountancy

“Do not stop when you are tired, stop when you are done..”

CURRICULUM VITAE

Personal Data:

Name : Plaba, Raquel Garcia

Nickname : “Raqz”

Age : 19

Birthday : January 6, 1990

Address : Tolunquat Malasiqui, Pangasinan

Civil Status : Single

Citizenship : Filipino

Religion : Roman Catholic

Father’s Name : Romualdo A. Plaba

Mother’s Name : Jovita G. Plaba

Contact No. : 09264702205

Educational Data:

Elementary : Tolunquat Elementary School

Tolunquat Malasiqui, Pangasinan 2001-2002

Secondary : Daniel Maramba National High School

One Sta. Barbara, Pangasinan

2005 – 2006

Tertiary : Urdaneta City University

One San Vicente West, Urdaneta City

Course : Bachelor of Science in Accountancy

“Practice makes mistakes unmistakable..”

CURRICULUM VITAE

Personal Data:

Name : Rufon, Marvin Marzan

Nickname : “Marvz”

Age : 19

Birthday : November 17, 1989

Address : City Homes Nancayasan, Urdaneta

Civil Status : Single

Citizenship : Filipino

Religion : Iglesia Ni Cristo

Father’s Name : Saxifrage G. Rufon

Mother’s Name : Marivic M. Rufon

Contact No. : 09074610743

Educational Data:

Elementary : Carmen Elementary School

Carmen Rosales, Pangasinan

2001-2002

Secondary : Rosales National High School

Rosales, Pangasinan

2005-2006

Tertiary : Urdaneta City University

One San Vicente West, Urdaneta City

Course : Bachelor of Science in Commerce

“Man is an insatiable being..”

CURRICULUM VITAE

Personal Data:

Name : Soria, Janice Barroga

Nickname : “Jan”

Age : 20

Birthday : January 7, 1989

Address : 329 Bantog Asingan, Pangasinan

Civil Status : Single

Citizenship : Filipino

Religion : Roman Catholic

Father’s Name : Silvestre P. Soria

Mother’s Name : Carmelita B. Soria

Contact No. : 09103207177

Educational Data:

Elementary : Ariston Bantog Elementary School

Bantog Asingan, Pangasinan

2000-2001

Secondary : Ariston Bantog National High School

Bantog Asingan, Pangasinan

2004-2005

Tertiary : Urdaneta City University

One San Vicente West, Urdaneta City

Course : Bachelor of Science in Accountancy

“What you see is not always what it seems..”

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