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Planning Activities for Entrep 111

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THIS WILL GIVE YOU AN IDEA ON HOW TO PLAN AND ACTIVITIES IN ENTREPRENEURSHIP.
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  PLANNING ACTIVITIES FOR ENTREP 111  –  Small Business Planning and Development Planning Activity No. 8___ Planning Activity Title - CAPACITY PLANNING II  Date Activity Conducted January 20 , 2012  Date Report Submitted July 11, 2012  MINIMUM LIMIT MAXIMUM LIMIT LIVELIHOOD ORIENTED ENTREPRENEURSHIP GROWTH ORIENTED ENTREPRENEURSHIP TARGET INCOME PER MONTH P 10,000 P 20,000 TARGET PROFIT P 10,000 P 20,000 GROSS MARGIN OR MARK-UP 25-30% 25-30% TARGET SALES P 43,333.33 P 86,666.67 TARGET SELLING PRICE P 6.00/pc. P 6.00/pc. TARGET VOLUME OF PRODUCTION PER MONTH 7,222.22 pcs./month 14,444.44 pcs/month INVENTORY ALLOWANCE (5%) 361.11pcs/month 722.22pcs/month PLANNED CAPACITY 7,853.33pcs/month 15,166.67pcs/month TARGET VOLUME OF PRODUCTION PER DAY 240.74 pcs/day 481.48 pcs/day COMPUTATION : Monthly basis Target Sales Target Volume of Production Q = Target Sales / Unit Selling Price (USP)  Livelihood Oriented Growth Oriented   Q = 43,333.33 /mo. Q = 86,666.67/mo. P6.00/pc. P6.00/pc Q = 254.9 pcs. Q = 255 pcs. Q = 510 pcs.  PLANNING ACTIVITIES FOR ENTREP 111  –  Small Business Planning and Development Planning Activity No. 14___ Planning Activity Title - UNIT PRODUCT COST Date Activity Conducted February 10 , 2014  Date Report Submitted February 10, 2014   Type of Business  –  Pastry making - piaya making Basis : Monthly volume production  –  12,000 PCS. OF PUTO Daily volume production  –  480 pcs. Production period is 25 working days per month Cost Elements Basic Cost Monthly Cost I.   Direct Material Cost  Unit DMC uDMC x Qm II.   Direct Labor Cost  Daily DLC dDLC x 25 ( or Unit DLC ) ( uDLC x Qm) III.   Factory Overhead Cost A.   Depreciation Cost Annual DC aDC / 12 B.   Electrical Power Cost Daily EPC dEPC x 25 C.   Water Consumption Cost Daily WCC dWCC x 25 D.   Fuel Cost (for Transport) Daily FC dFC x 25 E.   Repair and Maintenance Cost Annual RMC aRMC / 12 F.   Insurance Premium Cost Annual IPC aIPC / 12 G.   Taxes and Licenses Cost  Annual TLC aTLC / 12 H.   Communication Cost Annual CC aCC / 12 IV.   General Administration Expenses A.   Indirect Material Cost Monthly IMC mIMC x 1 B.   Indirect Labor Cost Monthly ILC mILC x 1 C.   Rental Cost Monthly RC mRC x 1 I . For Direct Material Cost : Construct a Bill of Materials based on 1 day production Bill of Materials Qty Units Materials Unit Cost Total Cost 5 kg All purpose Flour P 32.40/kilo P 162.00 1 L Oil P 45.00 P 45.00  2.5 kg Muscovado Sugar P 38.25 P 95.63 0.5 kg Sesame Seeds P 58.50 P 29.25 200 Pcs Paper Box P 31.50 P 63.00 1 Roll Plastic Cellophane P 45.00 P 45.00 Total Direct Material Cost per day: P 439.88 II . For Direct Labor Cost : A.   Daily Direct Labor Cost Method  –  for daily paid workers. Number of workers Direct Workers Daily Wage Rate Fringe Benefits 10% Total Daily Wage 1 Baker P 180.00 18% P 198.00 1 Packager P 112.50 11.25% P 123.75 1 Helper P 90.00 9% P 99.00 Total Direct Labor per day: P 420.75 III . Manufacturing Overhead Cost: III.A  –  Annual Depreciation Funds Schedule  Type of Fixed Asset Po L SV (10% Po) D Building Improvement P 45,000.00 10 P 4,500.00 P 4,050.00 Cart Equipment P 22,500 5 P 2,250.00 P 4,050.00 Cooking Tools and Equipment P 5,031.00 5 P 503.10 P 905.58 Packaging Tools and Equipment P 27.00 5 P 2.70 P 4.86 Transport Equipment P 160,000 5 P 16,000.00 P 28,800.00 Office Equipment P 31,050.00 5 P 3.105.00 P5,589.00 Kitchen Furniture and Fixtures P 5,760.00 5 P 576.00 P 1,036.00 Communication Equipment P 5,850.00 5 P 585.00 P 1,053.00 Total Annual Depreciation Cost P 45,488.44  III.B  –  Electrical Power Cost  –  Daily Basis Kw-hr daily consumption = 7 kw.hr Electrical power rate per kw-hr = P 2.75 dEP = kw-hr daily consumption x Electrical Power Rate per kw-hr 7 x 2.75 = P 19.25 III.C  –  Water Consumption  –  Daily Basis Cubic meter of water consumed per day = 15m³ Price per Cubic per meter = P 3.80 dWCC = Cubic meter of water consumed per day x Price per cubic meter = 15 x 3.80 = P 57.00 III.D - Fuel Cost  –  Daily Basis Daily Fuel Cost = Km Travelled X 1 X Price of Fuel Day Fuel Consumption Rate Liter Type of Vehicle Km (Travelled per day) Fuel Rate Consumption Type of Fuel Cost per Liter Fuel Cost per Day (less 10%) MULTICAB 1KM 12 KM/LITER GASOLINE P 39.50 P 35.55.00 Total Cost per day P 139.00 Total Cost per month P 888.75 III.E  –  Repair and Maintenance Cost - Annual ( Yearly ) Basis  aRMC = 3% of the total cost of machinery and equipment aRMC = 0.03 x P 177,322.50 = P 5,319.68 III.F  –  Insurance Premium Cost - Annual Basis aIPC = 1% of the total cost of building , machinery and equipment aIPC = 0.01 x P 222,322.50 = P 2,223.22 III.G  –  Taxes and Licenses Cost - Annual Basis aTLC = 0.5% of the total cost of building and machinery aTLC = 0.05 x P 222,322.50 = P 1,116.62
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