Schedule 1

PROJECTED GROSS SALES

PLAIN
2019 2020 2021 2022 2023
Unit Sold 2090 2941 3870 4877 5960
Multiplied by: Selling Price 200.00 205.00 210.00 215.00 220.00
Total 418,000.00 602,905.00 812,700.00 1,048,555.00 1,311,200.00
INTRICATE
Unit Sold 1440 2080 2800 3600 4480
Multiplied by: Selling Price 250.00 255.00 260.00 265.00 270.00
Total 360,000.00 530,400.00 728,000.00 954,000.00 1,209,600.00
Total Projected Gross Sales 778,000.00 1,133,305.00 1,540,700.00 2,002,555.00 2,520,800.00

SCHEDULE 2
COST OF SALES
2019 2020 2021 2022 2023
Raw Materials Used 86,900.00 114,655.20 153,280.23 196,292.95 243,584.59
Direct Labor 559,872.00 611,072.00 668,672.00 732,672.00 803,072.00
Manufacturing Overhead 551,442.64 552,256.81 553,131.39 554,066.40 555,060.36
Current Production Cost 1,198,214.64 1,277,984.01 1,375,083.61 1,483,031.35 1,601,716.95

Add: Finished Good Inventory, Beg 40,428.63 57,528.86 76,450.38 97,193.19

Total Goods Available for Sale 1,198,214.64 1,318,412.64 1,432,612.47 1,559,481.72 1,698,910.14
Less: Finished Goods Inventory, End 40,428.63 57,528.86 76,450.38 97,193.19 119,735.01
Cost of Goods Sold 1,157,786.01 1,260,883.78 1,356,162.09 1,462,288.53 1,579,175.13
 SCHEDULE 3

RAW MATERIALS USED

2019 2020 2021 2022 2023

Forecasted Production 3955.45 5165.385 6835.27 8663.945 10649.24
Divided by: Meters a 1-Kilo Thread can Produces 10 10 10 10 10
Required Kilos to be purchased 395 516 683 866 1064
Direct Material Cost per unit
Cotton Thread ₱220.00 ₱222.20 ₱224.42 ₱226.67 ₱228.93
Total Direct Material Used ₱86,900.00 ₱114,655.20 ₱153,280.23 ₱196,292.95 ₱243,584.59