Group 1 Feasib Pinal Na Shet

QUEZON CITY UNIVERSITY
INDUSTRIAL ENGINEERING DEPARTMENT
FEASIBILITY STUDY OF D’CLORICARYL ENTERPRISE:
MANUFACTURER OF MALUNGGAY PESTO
A Project Feasibility Study
Presented to the Faculty of Industrial Engineering Directorate
Quezon City Polytechnic University
Novaliches, Quezon City
In partial fulfillment
Of the Requirements for the Degree in
Bachelor of Science in Industrial Engineering
Submitted by:
BRAZA, MARY JANE
COMIA, ANGELICA
DOMINGO, JEAN SHIRYL
LAUDE, PRINCESS DIANE
SANICO, CLAURIZ SETH CLOEI
SBIE – 4A
Submitted to:
ENGR. NIÑA C. APUSAGA, CIE

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May 2022
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CERTIFICATION
This thesis entitled “FEASIBILITY STUDY OF D’CLORICARYL

ENTERPRISE: MANUFACTURER OF MALUNGGAY PESTO” prepared and
submitted by Mary Jane Braza, Angelica Comia, Jean Shiryl Domingo, Princess Diane
Laude, Clauriz Seth Cloei Sanico, in partial fulfillment of the requirements for the
subject FEASIBILITY STUDY has been recommended for acceptance and approval
for oral examination last April 28, 2022.
EVALUATION COMMITTEE
Engr. Niña Canlas Apusaga, PIE

Adviser
ENGR. EVELYN DACANAY ENGR. RONALDO IBAÑEZ

Panelist Panelist
APPROVAL
ENGR. EVELYN DACANAY ENGR. RONALDO IBAÑEZ

Panelist Panelist
ENGR. JEFFREY CACHO
Panelist
Accepted in partial fulfillment of the requirements for the subject
FEASIBILITY STUDY.
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ENGR. JEFFREY CACHO, M-ENG-IE ENGR. RYAN F. ARAGO

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Area Chair, IE Department Dean, College of Engineering

ACKNOWLEDGEMENT
First and foremost, the proponents wish to praise the Lord God Almighty for
His direction and for the strength, knowledge, wisdom, and patience He has bestowed
upon them during this research. Only His name deserves glory, respect, and acclaim.
Their esteemed lecturer and adviser on this project, Engr. Apusaga, deserves
recognition for her enthusiasm, patience, time, expertise, effort, and assistance in the
process of completing this feasibility study. The proponents are grateful for your
encouragement in getting us to accomplish this project. Thank you for your constant
guidance and consulting efforts, and for never giving upon us.
The proponents would also want to thank their families, particularly their
parents, who have provided them with physical, financial, and emotional support.
Their encouragement, trust, knowledge, and advice have given them the motivation
and strength to complete this feasibility study.
The proponents would also want to express their gratitude to all of the
respondents who took the time and effort to complete the survey questionnaire.
The group members' hard effort and teamwork, as well as the assistance of
many others, were essential to the project's accomplishment. Their efforts were
sincerely appreciated and thanked.

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TABLE OF CONTENTS
Chapter 1: Project Background and History 13
1.1 Introduction 14
1.2 Project Proponents 15
1.3 Proposed name of business 16
1.4 Type of business organization 17
1.5 Company Mission and Vision 17
1.6 Location 19
1.7 Name of the Product 20
Chapter 2: Management and Personnel Feasibility 21
2.1 Company management details 21
2.2 Organizational chart and departments 22
2.3 Job specifications and responsibility 23
2.4 Personnel salary rates 25
2.5 Personnel Benefits 29
2.6 General Company Policy 31
2.7 General rules 37

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2.8 System forms and designs 38
Chapter 3 Marketing Feasibility 44
3.1 Market Description 44
3.2 Demand 47
3.3 Market Acceptability 49
3.4 Annual Projected Demand 50
3.5 Market Share Analysis 52
3.6 Projected Sales 53
3.7 Proposed Marketing Programs 54
Chapter 4 Production Feasibility 56
4.1. Product Description 56
4.2 Actual Product 56
4.3 Production Process 57
4.4 Workstation 67
4.5 Equipment and Tools 68
4.6 Furniture and Fixtures 70
4.7 Office Equipment’s 71

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4.8 Renovation 73
4.9 Office Equipment 75
4.10 Raw Materials 75
4.12 Projected No. of Personnel for Year 1 to 5 77
4.13 Building and Facilities 77
Chapter 5 Financing Feasibility 78
5.1 Total Projected Cost 78
5.2 Financiers 82
Chapter 6 Financial Feasibility 83
6.1 Major Assumptions 83
6.2 Project Financial Statement 85
6.3 Financial Analysis 92
Chapter 7 Socio-Economic Feasibility 94
7.1 Personal Benefits 94
7.2 Business Registration 98
Chapter 8 Project Implementation 103
8.1 Gantt Chart 103

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8.2 PERT/CPM 104
8.3 Budgeting and Cost 105
Conclusion 106
Recommendation 106
Appendices 107
Curriculum Vitae 114
LIST OF TABLES
Table 1.1 Project Proponents 15
Table 2.1 Job specification and Responsibilities 23
Table 2.2 Personnel Salary Rates 25
Table 3.1 Age of Respondents 46
Table 3.2 Types of Respondents 47
Table 3.3 Total Respondents 48
Table 3.4 Frequency Distribution of Market acceptability 49

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Table 3.5 Annual Projected Demand 51
Table 3.6 Market Share 53
Table 3.7 Projected Sales 53
Table 3.8 Weighted Factor Rating 54
Table 3.9 Overhead Cost 55
Table 4.1 Flow Process Chart 57
Table 4.2 Time and Motion Study 58
Table 4.3 Allowance Factor 59
Table 4.4 Rating Scale 61
Table 4.5 Direct Material Cost 64
Table 4.6 Direct Labor Cost 64
Table 4.7 Indirect Materials 65
Table 4.8 Indirect Labor Cost 65
Table 4.9 Other Manufacturing Overhead Cost 66
Table 4.10 Total Overhead Cost 66
Table 4.11 Equipment and Tools 68
Table 4.12 Furniture’s and Fixtures 70

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Table 4.13 Office Supplies 71
Table 4.14 Renovation 73
Table 4.15 Office Equipment 75
Table 4.16 Indirect Materials 76
Table 4.17 Direct Materials 77
Table 5.1 Total Projected Cost 78
Table 5.2 Financiers 82
Table 6.1 Selling Price 83
Table 6.2 Sales per Year 84
Table 6.3 Income Statement 85
Table 6.4 Balance sheet for the year 2022-2026 87
Table 6.5 Cash Flow Statement 89
Table 6.6 Statement in Changes in Equity 90
Table 6.7 Return on Equity 92
Table 6.8 Return on Sales 92
Table 6.9 Computation of Payback Period 93
Table 6.10 Return of Investment 93

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LIST OF FIGURES
Figure 1.1 Company Logo 16
Figure 1.2 Google Map of the Location of Store 19
Figure 1.3 Actual Picture of the Location of Store 19
Figure 1.4 Product Logo 20
Figure 2.1 Organizational Chart 22
Figure 2.2 Employees Uniform 31
Figure 2.3 Identification Card of Employees 34
Figure 2.4 Hiring Process 38
Figure 2.5 Payroll Process 39
Figure 2.6 Application Form 40
Figure 2.7 Daily Report (time card) 41
Figure 2.9 Incident Report 43
Figure 3.1 Geographic Segmentation 44
Figure 3.2 Types of Respondents 47

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Figure 3.3 Pie Chart of Frequency Distribution 50

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Figure 3.4 Pie Chart of Frequency of Agreement 51
Figure 4.1 Actual Product 56
Figure 4.2 Outline Process Chart 62
Figure 4.3 Workstation Layout 67
Figure 4.4 Emergency Exit Plan Layout 67
Figure 8.1 Gantt Chart of Activity 103
Figure 8.2 Critical Path Method ( PERT-CPM) 104
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Executive Summary
Malunggay as the main vegetable that is making waves in the wellness and
health food industries. While pesto is usually made with basil and a pine nut, creamy
cheese like Parmesan, you couldn't call it pesto without these essential elements.
Nonetheless, the group applied reworking of the original recipe into a creamy,
super-healthy, vegan pesto that perfectly balances the peculiar nutty creamy taste of
malunggay may help consumer reconsider their mind about pesto.
The business will be named D’Cloricaryl Enterprise, offering you the new
creamy heathy twist with your pesto with a reasonable price. The store open from
Monday to Saturday from 8:00 AM to 5:00 PM and is located at Villareal, 209 Sta.
Veronica St. Brgy. Gulod Novaliches Quezon City. A strategic location where it is
close to the market place where the D’Cloricaryl Enterprise ‘potential target market
can easily find, also it is found near in the main road, ensuring the most convenient
route of product transportation.
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CHAPTER I
PROJECT BACKGROUND AND HISTORY
This chapter consists of the information about the proponents, enterprise and
other general information which are required to begin the study and its components.
This part of the paper includes the project proponents that focuses on the initial
information such as the quantity of the personnel, each contribution, ownership and
the kind of partnership.
Secondly, it discusses the proposed name of the project including the
enterprise and product logo, and the type of business they will use.
Mission and Vision of the company are also included in this part of the paper
which details the enterprise’s goal to achieve. It also includes the core values and
tagline of the proposed enterprise.
Lastly, it includes the chosen location of the store, head office and/or factory
on where the business will be establish.
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1.1 Introduction
Filipinos are known to have varieties of food that is simple to cook and a
pleasure to serve and eat. Varieties of these food are blended and have similarity in
flavor and texture that makes it unique and standout. Filipinos also likes to innovate
their existing product or food, it can be for the purpose of minimizing the cost,
shortage of the products or its unavailability.
In the Philippines you can commonly see pesto in restaurants like Italian or in
the products in a grocery or market. It is mostly seen on salads, pastas, meats, breads
or sandwiches. Its main ingredient is the basil/parsley leaves. Unfortunately, these two
products can cause harm to be unsafe once used in other way.
Basil herb and basil oil contain estragole. Estragole which is a chemical that
might increase the risk of a person getting liver cancer. While parsley can cause
allergic skin reactions and consuming very large amount of parsley can be likely
unsafe and can cause other side effects like anemia and liver or kidney problems. With
that being said, the Group 1 from BSIE-4A of Quezon City University proposed a
project D'Cloricaryl Enterprise: Manufacturer of Malunggay Pesto” where the main
ingredient is change from parsley or basil to moringa or also known as malunggay in
the Philippines.
If you’re a fan of pesto, this should be suit for you. You can put it on
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everything, and you can store it in the refrigerator for 1-3 weeks! Superchange your
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usual Pesto with Malunggay then use our Malunggay Pesto to give major boost of
nutrients, antioxidants, and anti-inflammatories to your pastas, salads, breads, eggs,
meats and pretty much everything! It’s loaded with energizing minerals. It’s a rare
source of plant protein and plant calcium and it helps balance blood sugar level. It is
also more available from the surroundings and market rather than parsley or basil,
sometimes you can just see it in Filipinos backyard or their neighbours. This is also
cheaper than the main ingredients used in making a pesto.
1.2 Project Proponents
The proponent of the proposed project is consisting of five (5) individuals who
have agreed to be part of the business, D’Cloricaryl which are Industrial Engineering
students at Quezon City University that are currently taking Project Feasibility as
part of their curriculum. The three (3) general partners and two (2) Limited Partners.
Personnel Contribution % Ownership Partnership
Braza, Mary 105,000.00 30 % General

Jane Partner
Comia, Angelica 35,000.00 10 % Limited

Partner
Domingo, Jean 70,000.00 20% General

Shiryl Partner
Laude, Princess 35,000.00 10 % Limited

Diane Partner
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Sanico, Clauriz 105,000.00 30 % General

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Seth Chloei Partner

Total: 350,000.00 100 %
Table 1.1 Project Proponents and their Contribution
As per the agreement of the proponents the distribution of the profit will be
based on the ownership percentage of the partner’s capital distribution.
1.3 Name of Business
Figure 1.1 Company Logo
Figure 1.1 shows the name of the company is “D’CLORICARYL
ENTERPRISE” which is the combination of the name of all the team
members. The letter D stands for Diane, Clo for Cloei, Ri for Mary, Ca for
Angelica, Ryl for Shiryl.

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1.4 Type of Business Organization
The team decided on a limited partnership, it is one in which one or more general
partners or limited partners act in concert with one another. This can't be used as an
excuse for an associate or limited partner to take on debts and commitments that the
partnership can't afford. Limited partnerships are those in which more than one
individual is involved in the firm. The limited partner only has to cover the
corresponding liabilities once the investment is made. The management of the
company's assets is generally the responsibility of general partner, although the
general partner can also be held personally liable. The limited partners usually invest
substantially for their own benefit.
1.5 Company Mission and Vision
Mission Statement
“To provide healthy food that is loaded with energizing materials. We believe that
through shared decision-making, our company will proactively and successfully meet
the challenges of the future. We can never be less than the best.”
Vision Statement
“To be a high-performance company that attracts customers that exceeds their
expectations and values long-term relationships with suppliers.”

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Core Values:
Compassion: We provide care with kindness and empathy that considers and meets
each individual's needs.
Valued Teamwork: We are reliable, friendly and we help each other.
Honesty: We trust each other, and we are trustworthy.
Accountability: We are responsible for our decision and work professionally.
Tagline
“Add more taste, to every taste.
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1.6 Location of the Head Office and/or Factor
Figure 1.2 Google Map of the Location of Store
Figure 1.3 Actual Picture of the Location of Store
The company’s headquarters are located in Villareal, 209 Sta. Veronica St. Brgy.
Gulod Novaliches Quezon City with a monthly rent of Php 8,500.00. The team chose
this location because it is close to a marketplace, where the D’Cloricaryl Enterprise’
potential target market can easily find, also it is found near in the main road, ensuring
the most convenient route of product transportation.

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1.7 Name of the Product
Figure 1.4 Product Logo
Figure 1.4 shows the company logo is seen in the figure above. The logo
features a leaves or malunggay figure, which represents the company’s primary
product “Malunggay Pesto”. The name of the company is “D’CLORICARYL
ENTERPRISE” which is the combination of the name of all the team members. The
letter D stands for Diane, Clo for Cloei, Ri for Mary, Ca for Angelica, Ryl for Shiryl.
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CHAPTER II
MANAGEMENT AND PERSONNEL FEASIBILITY
2.1 Company Management Details
Name of Company: D’Cloricaryl Enterprise
Address: Villareal, 209 Sta. Veronica St. Brgy. Gulod Novaliches Quezon
City
Management Proposal Prepared On: February 2022
Prepared by: Mary Jane Braza
Purpose: This chapter will serve as the company's business management
plan, outlining how the company will operate.
Details of Management Proposal:
• The company will rent a commercial facility for its headquarters, manufacturing,
and selling of the product.
• The marketing manager will be able to create different promotional techniques
for our product.
• By monitoring inside the plant and ensuring that the company's objectives are
met, the General Manager will ensure the company's activities. 21

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2.2 Organizational Chart and Department
Figure 2.1 D’Cloricaryl Enterprise Organizational Chart
Management Style
As for management style, to balance the organization the team decides to have
a combination of persuasive management style under Autocratic management and
Collaborative management style under democratic management.
Employees will accept top-down choices more easily if they are managed
with a persuasive style. Employees respond more favorably to reason and logic than
they do to the prospect of punishment, and they may feel less constrained than those
handled with an authoritative style.

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Collaborative management is a management style in which all levels of a

company's management team trust, value, and listen to employees. They're also
motivated to do their best work, work together to solve challenges and be fully
engaged in the process. Furthermore, because of open communication, workplace
conflicts are frequently resolved before they become serious problems. When people
are engaged, turnover is reduced, and different perspectives frequently result in better
ideas and outcomes.
2.3 Job Description and Qualifications
Job
Job Specification Job Responsibilities
Position
▪ Ensure the creation of
tactical programs to
▪ Must be bachelor’s degree
pursue targeted goals
graduate.
and objectives.
▪ Knowledgeable in time managing.
▪ Engage with corporate
▪ Excellent oral and Written
officers in broader
General communication skills.
organizational strategic
Manager ▪ Must have leadership skills and
planning.
the ability to motivate others to
▪ Set rules and
meet deadlines.
regulations.
▪ Must have the capacity to grasp
▪ Researching and
complex concepts easily.
identifying growth
opportunities.
▪ Ensure the creation of tactical ▪ Plan and draw up a
programs to pursue targeted goals production schedule.
and objectives. ▪ Set the quality standards
▪ Engage with corporate officers in ▪ Make certain that the
Production
broader organizational strategic production is cost
Manager
planning. effective by calculating
▪ Set rules and regulations. expenses and negotiating
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▪ Researching and identifying on budgets with both

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growth opportunities. clients and management.

▪ Ensure that health and

safety guidelines are
followed at all times
▪ Review worker
performance and
identify training needs.
▪ Managing records and
receipts
▪ Resolve financial
▪ Knowledgeable of financial
disputes raised by the
regulations and accounting
customer service and
Finance processes.
sales teams
Staff ▪ Must have communication skills
▪ Assisting in the
▪ Degree in business administration,
preparation of budgets
accounting, finance, or another
▪ Coordinates and acts as
relevant field.
focal point for issues
relating to project
finance
▪ Should report to work on
time and prepared for
the workday
▪ At least high school graduate ▪ Follow all written and
Workers ▪ Reliable and punctual verbal instruction
▪ Good communication skills ▪ Store goods and raw
materials properly
▪ Willingness to comply
with safety guidelines
Table 2.1 Job Description and Job Qualifications of the Company

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2.4 Personnel Salary
Table 2.2 Salary Rates
SALARY RATES
No.
of
Job Monthl
Per Year 1 Year 2 Year 3 Year 4 Year 5
Position y
son
nel
General 1 36,300. 435,600. 435,600. 583,704. 583,704. 791,800.
Manager 00 00 00 00 00 00
Finance 1 19,032. 228,384. 228,384. 306,034. 306,034. 383,685.
Staff 00 00 00 00 00 12
Production 1 22,000. 264,000. 264,000. 353,760. 353,760. 443,520.
Manager 00 00 00 00 00 00
PRODUCTION WORKERS SALARY RATES

Rates No. of Month Year 1 Year 2 Year 3 Year 4 Year 5
per Perso ly
Day nnel
537.00 5 59,070 708,840. 708,840. 708,840. 708,840. 815.166.
.00 00 00 00 00 00
The table shows the salary wages of each position from General Manager with
a monthly wage of 36,300.00 pesos, the Finance staff with 19,032.00 pesos and a
Production manager of with a monthly salary of 22,000.00 pesos. The D’Chloricaryl
Enterprise decided to increase the wages every 2 years of staying with the company with
34% of their usual salary. While the wages of Production workers increase 5% every 2
years of working with the company.

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Wage Order No. 1 has a section 1 that states: The company employs five (5)
individuals who are paid a daily minimum wage of Php537.00, according to NCR-21
published by the National Capital Region Tripartite Wages and Productivity Board
(RTWPB-NCR)
Terms of Employment
1. Work Hours
D' Cloricaryl Enterprise is supposed to operate for a total of 8 hours per day.
From eight o'clock in the morning until five o'clock in the afternoon, the company is
fully operational.
2. Workdays
Employees work six days a week and work full time.
• Work Time: 8:00 am to 5:00 pm
• Luch Break: 12:00 nn to 1:00 pm
• Short Break: 3:00 pm to 3:15 pm
3. Overtime Remuneration
Employees that work more than 8 hours each day will receive a 25%
compensation on top of their regular pay.

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Regular Wage: Php 537.00 / 8 Hours = 67.125 / Hour

OT Rate: 67.125 x .25 = 16.78125
16.78125 + 67.125 = Php 83.91 / Hour
Employees who work more than 8 hours a day on a holiday will receive a 30
percent increase in their regular pay.
• Regular Wage: Php 537.00 / 8 Hours = 67.125 / Hour
OT Rate: 67.125 x .30 = 20.1375
20.13757.125 = Php 87.26 / Hour
4. Night Shift Differential
For each hour of work completed between 10 p.m. and 6 a.m., every
employee is entitled to a Night Differential or Night Shift Pay of at least 10%
of his usual rate.
• Regular Wage: Php 537.00 / 8 Hours = 67.125 / Hour
OT Rate: 67.125 x .10 = 6.7125
6.7125 + 67.125 = Php 73.84 / Hour
5. Weekly Rest Period
• Sick Leave
Sick leave was granted by D' Cloricaryl Enterprise; which employees may use
only in genuine cases of illness. Regular employees, regardless of their position level,
are entitled to 10 days of sick leave every year, beginning on the date of their recurring
appointment or when they achieve their sixth month of employment.

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• Maternity Leave
Any pregnant woman employee who has rendered a collective service of at least
six (6) months in the business for a year will be given two (2) weeks prior to the
expected date of delivery and another four (4) weeks after normal delivery or abortion
with full pay based on her regular weekly wage (as per Article 133(1), Labor Code).
The employee's maternity leave application must be submitted to the management
three (3) weeks before to the projected delivery date, accompanied by a medical
certificate issued by a physician or midwife indicating that birth would most likely
occur within two (2) weeks.
• Paternity Leave
A married male employee shall be awarded seven (7) days of full compensation
based on his usual daily rate, provided that his wife has delivered a child or had a
miscarriage (as per Sec. 2, R.A. 8187). The employee's leave application must be
submitted to the management two (2) weeks before to the scheduled delivery date,
accompanied by a marriage contract and a medical document signed by a physician or
midwife confirming his genuine wife's pregnancy and the planned delivery date.
• Vacation Leave
A regular full-time employee will be entitled vacation leave without deduction in
salary. A regular part-time employee will earn a pro rata vacation entitlement based
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upon the percent of time worked.

2.5 Personnel Benefits
• 13th Month Pay - A 13th month salary is due to all ranks and file employees,
regardless of their classification or employment status, who have worked at least
one month throughout the calendar year. The 13th month compensation shall be
equal to at least 1 1/2 of the employee's total basic wage earned during the calendar
day.
Example: D’Cloricaryl Ent. has a worker basic salary is Php 8,540.00 per month
and had worked for 11 months so the 13-month computation is: (Php 8,540.00 x
11 months) / 12 = Php 7,828.33
• Hours of Work - Employees shall work not exceeding 8 hours per day
Workday - Employees has 7 days to work
Working Time - 8:30AM - 4:00PM
Lunch Break - 12:00 NOON - 12:45PM
• Holidays with Pay - Employees who work during the holiday shall be have a
double pay according to Article 92 of Department of Labor Employment.
• Retirement - For voluntary retirement, employees must be at least sixty (60)
years old, and for mandatory retirement, they must be sixty-five (65) years old.
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-Employees who are paid on the basis of results are entitled to retirement pay, which
is calculated by dividing the total salary or earnings for the previous 12 months from
the date of retirement by the number of real working days in that time.
• Medical Insurance - Dental and optical care may be included in a full benefits
package. It could be offered as individual pieces or not at all. The employee's
family may be covered in some cases (dependents).
• Payment of Wages- Every 15th and 30th of the month, management workers
will receive their salary.
• PAG-IBIG - Through an efficient saving plan, PAG-IBIG effectively harnesses
our society to provide appropriate housing to its members. The new PAG-IBIG
contribution for employees with a monthly pay of Php 8,540.00 is Php 100.00.
• PHILHEALTH- The major goal is to give social health insurance to all
Filipinos, regardless of their socio-economic situation, whether they are poor,
wealthy, young, old, sick, employed, or jobless. The new Philhealth
contributions for employees with a monthly salary of Php 8,540.00 are Php
150.00.
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2.6 General Company Policy
COMPANY POLICY RULES AND REGULATIONS
Company policy establishes the rules of conduct within enterprise, stating
the responsibilities of both employers and employees. It aims to protect the rights of
employees as well as the employer’s business interests.
COMPANY POLICIES
A. PROPER ATTIRE OF UNIFORM
Employees must wear their proper uniform, at all times, within the company’s
premises to recognize them.
UNIFORM OF EXECUTIVE
White, Black and Green Collar Shirt w/ Company & Product Logo 31
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Black Slacks
PRODUCTION AREA POLICIES
A. PROPER ATTIRE OF UNIFORM
Employees must wear their proper uniform, at all times, within the company’s
premises to recognize them.
Figure 2.2 Uniform of Workers
White collar shirt w/ Company Logo

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Black Slacks
B. HEALTH AND SAFETY
Health protocols must be followed especially within the production area. Sanitation is
highly acknowledged. Wear the proper uniform for workers including the PPE
(personal protective equipment). Employees are advised to follow the safety attire.
PPE in PRODUCTION AREA
Face clear mask
White apron with Product Logo

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Hairnet Disposable plastic gloves
COMPANY and PRODUCTION AREA POLICY
C. IDENTIFICATION CARD
Employees must wear their identification card for their identity’s recognition. It also
recognizes their department as well as for legal and emergency purposes.
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Figure 2.3 Front & Back of Company’s Identification Card

ATTENDANCE POLICY
Employees need to coordinate with their employers at least 6 hours before their time
off work if they are not able to go to work due to sickness. Also, employees are
required to fill out a form of a request for leave and must submit a medical certificate
if the request form is sick leave.
ABSENT - Absent without asking prior permission from the employers is not
allowed and will receive a warning letter from the management/department.
Absences with no excuse may lead to termination of contract and considered as
AWOL.
LATE - Late arrival of employees to their scheduled working time will get a
deduction to their wage in accordance to the minutes that they arrived late.
TARDINESS - Workers are allowed their lunch break for 20 to 30 minutes and have
the rights to take coffee break twice for 5 minutes each. In this way, sleeping or
idling at the time of work is prohibited and the worker may lead to suspension.
WORK SAFETY PLACE POLICIES
For the safety of employees, the D’Cloricaryl Enterprise are setting these policies to
provide a clean and healthy environment for both employees and employers, and to
avoid any kind of accident within the company’s premises.

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A. HARMFUL MATERIALS/WEAPONS - Any kinds of harmful or deadly
materials, such as knives or guns, are not allowed inside the enterprise. The workers
who will be caught bringing the said materials will lead to a contract termination and
the harmful materials/weapon will be confiscated.
B. THREATS - Any form of threats to your employers or co-employees is
extremely prohibited and it may lead to termination of contract.
C. HEALTH PROTOCOLS - The employees who are feeling unwell or ill must
take a leave, get a checkup and stay at home (or as recommended by the doctor) to
avoid spreading any kind of viruses especially in the production area. Everyone must
also have proper hygiene in their workplace to avoid getting sick.
D. BEHAVIOR POLICY - Employer and employee must be polite and have a
respect to each other, and create a good relationship. Disrespecting verbally or
nonverbally are prohibited.
E. UNACCEPTABLE BEHAVIOR WILL LEAD TO SUSPENSION OR
TERMINATION such as:
➢ Non-cooperation at work
➢ Shouting, insulting and embarrassing other people
➢ Gossiping or spreading malicious rumors
➢ Harassment
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➢ And any form of Discrimination

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2.7 General rules
A. Act with Integrity - Be honest and straightforward in doing your assigned work.
Come to work on time. Any tardiness and failure to go to work will directly affect
your salary.
B. Overtime and Holidays - On regular days of work, all employees are encouraged
to be efficient at their work within the regular office hours. To make sure the
maximum productivity and efficient use of one’s time. Employees are not required to
work during non-working holidays unless there is a sense of urgency related to work.
C. Be Professional at All Times - Do not cuss, gossip or shout to other co-
employees, clients or employers. Be professional and keep professional relationships
with everyone in the office. Always remember that you are recognized as the
company’s employee and you represent your company.
D. Keep Company Business In-House - Refrain from sharing the company’s
secrets and confidential information to other people. Do not discuss to outsiders the
company news, if you are unsure whether it is considered confidential or not, ask
your employers before divulging information.
E. Maintain A Sense of Impartiality - Do not give preferential or special treatment
to clients because of any personal relationship nor allow biased treatment to any
37
employees. Act fairly and do not have favoritism so you won’t lose your credibility.
Page
Maintain your sense of impartiality to each employee and deal with professionalism.
F. Production Policy - For the production area, the employees must wear their
proper uniform and PPE (Personal Protective Equipment) to ensure the health and
safety, and the quality of the product produced. Any kind of accessories are not
allowed inside the production area. Production workers must also be well educated
of the process and product to be produced and are well informed of the
confidentiality of information and other important details about the company
8 System Forms and Designs
Hiring Process:
Figure 2.4 Hiring Process of D’Cloricaryl Ent.

38
Page
Payroll Process:
Figure 2.5 Payroll Process of D’Cloricaryl Ent.

39
Page
Administrative Forms
Figure 2.6 Application Form
Villareal, 209 Sta. Veronica St.

Brgy. Gulod Novaliches Quezon City
Contact #: (+63) 915 188 2931
Position Applied: Date:
APPLICANT INFORMATION
Name: Gender: Male Female Age:
Address: Date of Birth:
Contact Number: Email:
Civil Status: Single Widowed Desired Pay Rate:
Married Separated Available Start Date:
EDUCATIONAL BACKGROUND
Name of School Address Year Graduated

Primary:
Secondary:
Tertiary:
Higher:
WORK EXPERIENCE
Company Name Address Position Years of Experience Reason for Leaving
REFERENCES
Name Relationship Company Contact Address
DISCLAIMER AND SIGNATURE

I certify that my answers are true and complete to the best of my knowledge.
If this application leads to employment, I understand that false or misleading information in my application or
interview may result in my release.
Signature:
40
Page
Figure 2.7 Timecard
41
Page
Figure 2.8 Leave Request
42
Page
Figure 2.9 Incident Report
43
Page
CHAPTER III
MARKETING FEASIBILITY
3.1 Market Description
Quezon City has a 6 district with a total population of 3,198,926 as of 2022
census and was named after Manuel L. Quezon, the second president of the
Philippines. The target market of D'Cloricaryl Enterprise ranges from 18 below to 40
years old above who resides of Quezon City which is from District 1 to 6.
3.1.1 Geographic Segmentation
City: Quezon City Population: 3,198,926
District: 1-6 Growth Rate: 1.23%
44
Figure 3.1 Geographic Segmentation

Page
Table 3.1 Age of the Respondents
Age Total Percentage
18- Below 54 13.4%
19-29 years old 278 69%
30-39 years old 53 13.2%
40 and above 18 4.5%
Table 3.1 shows that 69% of the respondents are in the ranged of 19-29 years
old, 13.2% are in the ranged of 30-39 years old and 13.4% are in 18 years old below
and 4.5% ranged of 40 and above with a total of 100%.
46
Page
Figure 3.2 Types of Respondents
Figure 3.2 shows that 63% of the respondents are students, 26.1% are working,
5.7% are self-employed, 4% are unemployed and 1.2% of the respondents are retired
with a total of 100%.
3.2 Demand
To determine the number of Respondents the Slovin’s Formula is used.
Slovin’s Formula:
𝑵
𝒏=
𝟏 + 𝑵𝒆𝟐
Symbol Description Value
n Number of Respondent -
N Number of Population 2,960,048
e Margin of Error 5%
47
Page
Table 3.2 Types of Respondents

Solution:
2,960,048
𝑛=
1 + (2,960,048)(.05)2
𝑛 = 399.95 ~400
A total of 400 respondents.
Table 3.3 Total Respondent
District Number of Participants Percentage
1 39 9.7%
2 96 23.8%
3 24 6%
4 50 12.4%
5 152 37.7%
6 42 10.4%
Total: 403 100 %

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Page
3.3 Market Acceptability
Market Acceptability
A level of customer satisfaction with a good or service in potential customers
that justifies the product's or service's continuous or increasing supply.
Table 3.4. Frequency and Percentage Distribution of Malunggay Pesto Demand
DEMAND
ARE YOU WILLING TO BUY OUR PRODUCT?
FREQUENCY PERCENTAGE
YES 344 85.4%
NO 7 1.7 %
UNDECIDED 52 12.9 %
TOTAL 403 100
Table shows that 344 out of 403 respondents said yes that they are willing to buy
the Malunggay Pesto and a total of only 7 respondents are not willing to buy the
product while 52 respondents are undecided. 49

Page
Figure 3.3 Pie Chart of Business Establishment
Figure shows the percentage of respondents that are willing to buy the product
is 85.4% said yes while 1.7% of the respondents said no and 12.9 % are undecided.
3.4 Annual Projected Demand
Annual Demand Computation:
Annual Agreement
= (Target Population x Market Acceptability) x Frequency of Agreement

50
Page
Figure 3.4 Pie Chart of Frequency of Agreement
The figure above shows the frequency how often the customer will buy the
product, the result of the survey shows the 40.7% of the customer are willing to buy
the product every two weeks.
Table 3.5 Annual Projected Demand
Target Market Frequency of Annual Projected

Year
Population Acceptability Agreement Demand
2022 3,198,926.00 85.4 % 24 65,565,187.30
2023 3,592,393.90 85.4 % 24 66,371,639.1
2024 4,034,258.00 85.4 % 24 67,188,010.36
2025 5,087,720.20 85.4 % 24 68,014,422.81
2026 5,713,509.78 85.4 % 24 68,851,000.19

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Page
The table shows the annual projected demand of D’Cloricaryl s. The annual
predicted demand is calculated by multiplying the target population by the market
acceptability and then multiplying it by the frequency of agreement. The estimated
annual demand for 2021is 65,565,187.30. Meanwhile, the computed annual
anticipated demand for the year 2022 is 66,371,639.1 while the computed annual
projected demand for the year 2023 67,188,010.36 On the other hand, the estimated
yearly expected demand for 2024 is 68,0144,422.81 Furthermore, the estimated annual
demand for the year 2025 is 68,851,000.19
3.5 Market Share Analysis
Market Share Computation
𝑇𝑜𝑡𝑎𝑙 𝐴𝑣𝑎𝑖𝑙𝑎𝑏𝑙𝑒 𝑇𝑖𝑚𝑒

Annual Capacity = 𝑆𝑡𝑎𝑛𝑑𝑎𝑟𝑑 𝑇𝑖𝑚𝑒
𝐴𝑛𝑛𝑢𝑎𝑙 𝐶𝑎𝑝𝑎𝑐𝑖𝑡𝑦
Market Share = ( 𝐴𝑛𝑛𝑢𝑎𝑙 𝐷𝑒𝑚𝑎𝑛𝑑 )𝑥100
Annual Capacity:
480 𝑚𝑖𝑛𝑠/𝑑𝑎𝑦
= 6.43 𝑚𝑖𝑛𝑠/𝑝𝑟𝑜𝑑𝑢𝑐𝑡
𝑃𝑟𝑜𝑑𝑢𝑐𝑡𝑠
= 74.65 or 75 𝐷𝑎𝑦
𝑃𝑟𝑜𝑑𝑢𝑐𝑡𝑖𝑜𝑛 𝐶𝑎𝑝𝑎𝑐𝑖𝑡𝑦 75 𝑝𝑟𝑜𝑑𝑢𝑐𝑡𝑠 260 𝑑𝑎𝑦𝑠

=( )( )(5 Workers)
𝐴𝑛𝑛𝑢𝑎𝑙𝑙𝑦 𝐷𝑎𝑦 𝑌𝑒𝑎𝑟
= 97,500 Product per Year

52
Page
Table 3.6 Market Share
Year Working Annual Annual Market

Days Demand Capacity Share
2022 260 65,565,187.30 97,500 14.87%
2023 260 73,629,705.37 97,500 13.24%
2024 252 82,686,151.97 94,500 11.43%
2025 260 104,277,913.2 97,500 9.35%
2026 261 117,104,096.50 97,875 8.36%
3.6 Projected Sales
Annual Sales Computation:
Annual Sales = Annual Capacity x Product Price
Monthly Sales Computation:
Monthly Sales = Annual Sales / 12
Table 3.7 Projected Sales
Year Product Annual Annual Sales Monthly Sales

Prices Capacity
2022 Php 71.82 97,500 7,002,450.00 583,537.50
2023 Php 71.82 97,500 7,002,450.00 583,537.50
2024 Php 71.82 94,500 6,786,990.00 565,582.50

53
2025 Php 71.82 97,500 7,002,450.00 583,537.50

Page
2026 Php 71.82 97,875 7,029,382.50 585,781.88
3.7 Proposed Marketing Programs
D’Cloricaryl‘s marketing strategy covers the five “Ps” of marketing: product
strategy, pricing strategy, place strategy, promotional strategy, and people strategy.
The company aims to advertise to a wide range of customers through social
media such as Facebook and Instagram to build brand awareness and take advantage
of the social selling revelation that is taking over online marketing.
https://sixads.net/blog/marketing-strategy-examples
3.7.1 Place Strategy
Table 3.8 Weighted Factor Rating
The D’Cloricaryl used weighted rating factor as a tool to determine the best
54
location for the Enterprise. The enterprise has three (3) choice of locale as by result
Page
Brgy Gulod got the highest factor rating among the three with 86.5.
3.7.2 Pricing Strategy
Table 3.9 Overhead Cost
OVERHEAD COST
Utilities:
• Electric Bill Php 5,835.16
• Water Bill Php 654.00
• Drinking Water Php 400.00
• Telecommunication Php 1,500.00
Bill
Rent Php 8,500.00
Office Suuplies Php 2,397.00
Total Overhead Cost Php 17,227.16
Material Mark Product

Labor Cost Overhead Cost # of Yields
Cost Up Price
Php 75 products /
Php 59,070.00 Php 19,227.16
6,344.00 day x 22 Php
working days 40%
Product Cost = 84,641.16 / 1,650 units 71.82
= Php 51.30/ Unit = 1,650 units
55
Page
CHAPTER IV
PRODUCTION FEASIBILITY
4.1. Product Description
Pesto is one of the most popular pasta sauces, and the recipe is a lot easier to
make than you might believe.
Pesto has a creamy texture and tastes like garlic and malunggay. The cheese adds
creaminess, while a drizzle of olive oil adds richness and an earthy taste.
Pesto blended with olive oil adds a distinctive touch to any salad and is ideal for
tuna, chicken, and pasta salads. When combined with rice, risotto, or mashed potatoes,
or dolloped across hot veggies like cauliflower, it can transform ordinary into
extraordinary.
4.2 Actual Product
Figure 4.1 Actual Product
56
Page
4.3 Production Process
Flow Process Chart
Table 4.1 Flow Process Chart for Malunggay Pesto
57
Page
Time and Motion Study
Table 4.2 Time and Motion Study for Malunggay Pesto
To compute for the Standard Time, Allowance Factor, Normal Time, No. of
workers (for the time available) and Takt Time (for time available) was determined by
the following allowances:
Since the worker is male, the personal needs are 5% of the operating time.
58
Page
Table 4.3 Allowance Factor
ALLOWANCES
Men Women Average
Personal Time 25 mins 33 mins 29 mins
Fatigue 30 mins 30 mins 30 mins
Unavoidable
5 mins 5 mins 5 mins
Delay
Total 60 mins 68 mins 64 mins
𝟔𝟒 𝒎𝒊𝒏𝒔
Allowance Factor = 𝑿 𝟏𝟎𝟎
𝟒𝟖𝟎−𝟔𝟒 𝒎𝒊𝒏𝒔
AF = 0.1538 x 100
AF = 15 %
𝟏 𝒘𝒐𝒓𝒌𝒆𝒓
No of Workers = (6.45 hrs)( )
𝟖 𝒉𝒓𝒔
= 0.81 or 1 Worker
59
Page
𝑻𝒐𝒕𝒂𝒍 𝑫𝒂𝒊𝒍𝒚 𝑶𝒑𝒆𝒓𝒂𝒕𝒊𝒐𝒏 𝑻𝒊𝒎𝒆

Takt Time = 𝑻𝒐𝒕𝒂𝒍 𝑫𝒂𝒊𝒍𝒚 𝑷𝒓𝒐𝒅𝒖𝒄𝒕𝒊𝒐𝒏 𝑹𝒆𝒒𝒖𝒊𝒓𝒆𝒎𝒆𝒏𝒕
405 𝑚𝑖𝑛𝑠
= 74.65 𝑢𝑛𝑖𝑡𝑠
= 5.43 mins / product
Normal Time = Total Average Observed Time x Rating Factor
= 6.22 mins x 90%
= 5.59 mins/product
Standard Time = Normal Time (1 + Allowance Factor)
ST = 5.59(1+15%)
ST = 6.43 mins/product
60
Page
Table 4.4 Rating Scale
0-125 Rating Scale
0 Activity
50% Very Slow, clumsy Operative is a half sleep No interest in job
Steady and unhurried performance Works under supervision

75%
Looks slow but time is now wasted
Brisk Business-like Performance Average qualified worker on
90% piece of work Accuracy is achieved with confidence Work
with standards quality
Very fast Works high degree of assurance Dexterity and

100%
coordination of movements Average Worker
Exceptionality fast Work with intense effort and concentration

125%
Outstanding worker
The rating factor shown in the table above is used to evaluate worker
performance and effective working speed based on the time study person's rate idea,
which corresponds to the standard rating.

61
Page
Outline Process Chart
Figure 4.2 Outline Process Chart
62
Page
63
Page
Total Production Cost
Table 4,5 Direct Material Cost Per Year
Year 2022 2023 2024 2025 2026

Unit to be 19,500 19,500 18,900 19,500 19,575
produce
Material 48.87 48.87 48.87 48.87 48.87
Cost
Total 952,965 952,965 923,643 952,965 956,630.25
Material
Purchase
Table 4.6 Direct Labor Cost per Year
Direct 2022 2023 2024 2025 2026

Labor
No. of 5 5 5 5 5
Workers
No. of days 260 260 252 260 261
Rate per 537 537 563.85 563.85 617.55

Day
Annual 698,100 698,100 733,005 733,005 744,282
Rate
The salary will increase of 5% every 2 years

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Page
Table 4.7 Indirect Material
Year 2022 2023 2024 2025 2026

Unit to
be 19,500 19,500 18,900 19,500 19,575
produce
Indirect 15 15 15 15 15
material
Cost
Total 292,500.00 292,500.00 283,500.00 292,500.00 293,625.00
material
Purchase
Table 4.8 Indirect Labor Cost Per Year
Indirect 2022 2023 2024 2025 2026

Labor
Production 1 1 1 1 1
Manager
No. of Days 260 260 252 260 261
Rate per 1000 1,340 1,680 2,020 2,360
Day
Annual 260,000 348,400 423,360 525,200 615,960
Rate
The salary will increase of 34 % every year

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Page
Table 4.9 Other Manufacturing Overhead Cost per Year
Year 2022 2023 2024 2025 2026

Electricity 72,822.84 75,623.7 78,424.68 81,225.6 84,026.5
6 2
Water Supply 8,161.92 8,475.84 8,789.76 9,103.44 9,417.36
Drinking 4,992 5,184 5,497.92 5,689.92 5,881.92
Water
Internet 18,000 18,000 18,000 18,000 18,000
Total 103,976.7 107,283. 110,712.3 114,018.9 11,325.8
Manufacturin 6 6 1 6
g
The increase of direct materials per year based on the Philippine
Statistics Authority the inflation rate as of March 2022 is 4.0%.
Table 4.10 Total Overhead Cost Per Year
Year 2022 2023 2024 2025 2026

Indirect 292,500.0 292,500.0 283,500.0 292,500.0 293,625.0
Materials 0 0 0 0 0
Indirect Labor 260,000 348,400 423,360 525,200 615,960
Other 103,976.7 107,283.6 110,712.3 114,018.9 11,325.80
Manufacturin 6 1 6
g Overhead
Total Over 656,475.7 748,138.6 817,572.3 931,718.0 920,910.8
Head Cost 6 0 0
66
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4.4 Workstation
Figure 4.3 Workstation Layout
Figure 4.4 Emergency Exit Plan Layout
67
Page
4.5 Equipment and Tools
Table 4.11 Equipment and Tools
68
Page
69
Page
4.6 Furniture’s and Fixtures
Table 4.12 Furniture’s and Fixtures
70
Page
4.7 Office Supplies
Table 4.13 Office Supplies
71
Page
72
Page
4.8 Renovation
Table 4.14 Renovation
73
Page
74
Page
4.9 Office Equipment

Table 4.15 Office Equipment
4.10 Raw Materials
Table 4.16 Direct Materials
75
Page
Table 4.16 Indirect Materials
76
Page
4.11 Projected No. of Personnel for Year 1 to 5
Table 4.17 Direct Materials
Job Category 2022 2023 2024 2025 2026
General
1 1 1 1 1
Manager
Administrative
3 3 3 3 3
Personnel
Workers 5 7 10 12 15
Total 9 11 14 16 19
4.12 Building and Facilities
Figure 4.5 Building and Faclities
77
Monthly Rent: 8,500.00 Initial Deposit: ₱7,000.00

Page
CHAPTER V
FINANCING FEASIBILITY
5.1 Total Projected Cost
Table 5.1 Total Projected Cost of D’Cloricaryl
Total Projected Cost
CATEGORY ITEMS EQUITY TOTAL
Rent 8,500.00 102,000.00
Renovation 23,360.00 23,360.00
Tools
Gloves 14.00
Hairnet 57.00
Spit Guard 57.00
Strainer 120.00
Basin 387.44
Wooden Spatula 116.00
Measuring Cup 115.00
Blender 3,625.00
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Page
4.491.44
Furniture and Fixture
Office Desk 4,456.00
Office Chair 1,998.00
Fire Extinguisher 1,200.00
Fire Alarm 850.00
First Aid Kit 375.00
Wall Clock 404.00
Bundy Clock 6,250.00
15,533.00
Office Supplies
Record Book 192.00
Ballpen 128.00
Pencil 158.00
Bond Paper 750.00
Tape/Dispenser 278.00
Staples 78.00
Receipt Paper 252.00
Marker 385.00
Paper Clip 66.00
Folder 110.00
79
Page
2,397.00
Office Equipment
Computer Desk 11,800.00
Air Conditioner 18,890.00
Bundy Clock 2,480.00
33.179.00
Direct Materials
Malunggay 100.00
Olive Oil 125.00
Garlic 30.00
Peanut 18.75
Parmesan Cheese 75.00
Pepper 3.5
Salt 1
353.25
Indirect Materials
Glass Jar 1,500.00
1,500.00
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Page
Utility
Electricity Bill 5,835.16
Water Bill 645.00
Telecommunication 1,500.00
Drinking Water 400.00
8,380.16
Business Permits
DTI 530.00
BIR 530.00
Barangay Clearance 25.00
1,085.00
Direct Labor
Worker 59,070.00 59,070.00
Indirect Labor
General Manager 36,300.00
Finance Staff 19,032.00
Production Manager 22,000.00
77,332.00
TOTAL
328,680.85
TOTAL INVESTMENT
81
350,000.00
Page
5.2 Financiers
This table shows that the five (5) Financiers of D’Cloricaryl Enterprise. There
are three (3) General partners and two (2) Limited partners. With a total of 350,000.00
contribution.
Personnel Partnership Contribution % Ownership
Braza, Mary Jane General Partner ₱105,000.00 30%

Comia,Angelica Limited Partner ₱35,000.00 10%
Domingo, Jean Shiryl General Partner ₱70,000.00 20%
Laude, Princess Diane Limited Partner ₱35,000.00 10%
Sanico, Clauriz Seth Cloei General Partner ₱105,000.00 30%
Total: ₱350,000.00 100%
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CHAPTER VI
FINANCIAL FEASIBILITY
6.1 Major Assumptions
6.1.1 Selling Price
Table 6.1 Selling Price of Malunggay Pesto
Selling Price
Production Cost 84,641.85
No. of Units 1,650
Production Cost per Unit 51.30
Mark Up Amount 20.52
Selling Price 71.82
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Page
6.1.2 Sales Per Year
Table 6.2 Sales per Year
Year Sold per Year Selling Price Sales
2022 97,500 Php 71.82 7,002,450.00
2023 97,500 Php 71.82 7,002,450.00
2024 94,500 Php 71.82 6,786,990.00
2025 97,500 Php 71.82 7,002,450.00
2026 97,875 Php 71.82 7,029,382.50
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Page
6.2 Project Financial Statement
6.2.1 Projected Income Statement
Table 6.3 Income Statement
Projected Income Statement
2022-2026
2022 2023 2024 2025 2026
Sales 7,002,450.00 7,002,450.00 6,786,990.00 7,002,450.00 7,029,382.50
Less: Cost of 2,307,540.76 2,399,203.6 2,474,220.3 2,617,688.00 2,621,823.05

Goods Sold
Gross Profit 4,694,909.24 4,603,246.4 4,312,769.7 4,384,762 4,407,559.
Less: Operating Expense
Administrative Expenses
Salaries(Admin) 927,984.00 927,984.00 1,243,498.00 1,243,498.00 1,243,498.00
Rent Expense 102,000.00 102,000.00 102,000.00 102,000.00 102,000.00
Depreciation Exp. 3,302.84 3,302.84 3,302.84 3,302.84 3,302.84

85
Total Oper. 1,033,286.84 1,033,286.84 1,348,800.84 1,348,800.84 1,348,800.84

Exp.
Page
Net Income 3,661,622.40 3,569,959.56 2,963,968.86 3,035,961.16 3,058,758.16

Before Tax
Income Tax 1,171,719.17 1,142,387.06 948,470.04 971,507.57 978,802.61

Expense (32%)
Net Income 1,171,719.17 1,142,387.06 948,470.04 971,507.57 978,802.61
86
Page
6.2.2 Projected Balance Sheet
Table 6.4 Balance sheet for the year 2022-2026
Projected Balance Sheet
SOCIO-ECONOMIC FEASIBILITY
7.1 Personal Benefits
a. Employee Leaving Rights
87
Page
88
Page
6.2.3 Projected Cash Flow
Table 6.5 Cash Flow Statement
Projected Cash Flow Statements

2022-2026
CHAPTER VII
Table 6.4 Balance Sheet
Table 6.5 Balance Sheet
89
Page
6.2.4 Statement of Partner’s Equity
Table 6.6 Statement in Changes in Equity
Statement in Changes in Equity

2022 – 2026
2022 2023
Partners Contribut Share in Capital Share in Capital
%
ion Profit End Profit End
Braza,
Mary 429,238.0 315,438.4
30 % 105,000. 324,238.0 744,676.5
Jane 8 9
00 8 7
Comia, 143,079.3 105,146.1
10 % 35,000.0 108,079.3 248,225.5
Angelica 6 6
0 6 2
Domingo
, Jean 286,158.7 210,292.3
20% 70,000.0 216,158.7 496,451.0
Shiryl 2 2
0 2 4
Laude,
Princess 143,079.3 105,146.1
10 % 35,000.0 108,079.3 248,225.5
Diane 6 6
0 6 2
Sanico,
Clauriz
Seth 429,238.0 315,438.4
30 % 105,000. 324,238.0 744,676.5
Chloei 8 9
00 8 7
736,023.1
Total 100 350,000. 1,080,838. 1,430,793. 1,737,578.
3
% 00 6 6 65
90
Page
2024 2025 2026

Share
Partners Capital Share in Capital Share in Capital
in
End Profit End Profit End
Profit
Braza,
264,236.2
Mary 201,800 266,302.3 980,564.3
7
Jane .17 8 4
450,025.69 714,261.96
Comia,
67,266. 88,078.76 88,767.46 740,563.9
Angelica
72 563,717.76 651,796.52 8
Domingo
176,157.5
, Jean 134,533 177,534.9 736,451.3
1
Shiryl .44 2 9
382,758.96 558,916.47
Laude,
Princess 67,266. 88,078.76 88,767.46 988,789.5
Diane 72 1
811,943.29 900,022.05
Sanico, 201,800 266,302.3
Clauriz .17 264,236.2 8
Seth 1,939,378. 7 2,469,917.

Chloei 82 2,203,615.09 47
672,66 880,787. 887,674.
Total 7.22 4,147,82 57 5,028,612. 60 5,916,286.
4.52 09 69 91
Page
6.3 Financial Analysis
6.3.1 Return on Equity
Table 6.7 Return on Equity
Return on 2022 2023 2024 2025 2026

Equity
Net 1,171,719.17 1,142,387.06 948,470.0 971,507.57 978,802.61

Income 4
Divide 1,430,793.6 1,430,793.6 1,430,793. 1,430,793.6 1,430,793.6

partners 6
Equity
ROE 81.89% 79.84% 66.29% 67.90% 68.41%
6.3.2 Return on Sales
Table 6.8 Return on Sales
Return on 2022 2023 2024 2025 2026

Sales
Net 1,171,719.17 1,142,387.06 948,470.04 971,507.57 978,802.61

Income
Divide 1,013,336.50 1,123,466.29 744,363.84 952,088.14 958,447.1

Total
Asset
92
ROA 115.63% 101.68% 127.42% 102.04% 102.12%

Page
6.3.3 Payback Period
The payback period refers to the date at which an investment is supposed to recover
its initial cash outflow from the cash inflows produced by the investment.
Table 6.9 Computation of Payback Period
Payback 2022 2023 2024 2025 2026

Period
Initial 350,000.00 350,000.00 350,000.00 350,000.00 350,000.
Investment 00
Divide
4,816,157. 4,294,23
Cash flow
end 79 4,393,962.80 4,100,057.39 4,168,743.04 4.45
Payback
Period in 0.17 years = 2.0384 months
term of Or 2 months
years
6.3.4 Return of Investment
Table 6.10 Return of Investment
Return on 2022 2023 2024 2025 2026

Investment
Capital 350,000.00 350,000.00 350,000.00 350,000.00 350,000.00
Divide 1,013,336.50 1,123,466.29 744,363.84 952,088.14 958,447.1

Total
Asset
93
ROI 68% 69% 53% 63% 63%

Page
CHAPTER VII
SOCIO-ECONOMIC FEASIBILITY
7.1 Personal Benefits
a. Employee Leaving Rights
• Holidays
Regular Hoildays
January 1 Saturday New Year's Day

April 9 Friday Day of Valor
April 14 Thursday Maundy Thursday (Holy Week)
April 15 Friday Good Friday (Holy Week)
May 1 Sunday Labor Day
June 12 Sunday Independence Day
August 29 Monday National Heroes’ Day
November 30 Wednesday Bonifacio Day
December 25 Sunday Christmas Day
December 30 Friday Rizal Day
Special Non-Working Holidays
February 1 Tuesday Chinese Lunar New Year

February 25 Friday EDSA People Power Revolution Anniversary
April 16 Saturday Black Saturday (Holy Week)
August 21 Sunday Ninoy Aquino Day
November 1 Tuesday All Saints’ Day
December 8 Thursday Feast of the Immaculate Conception of Mary
94
Page
https://www.globe.com.ph/go/travel-food/article/official-list-holidays-
philippines.html#gref
• Vacation Leave
Ten (10) vacation leave, with additional 1 day every year starting on the 3rd year of
service and convertible to cash at the end of each year. Maximum vacation leave is 18
days.
• Sick Leave
Fourteen (14) days for the first two years of service and additional 1 day every year
starting on the 3rd year. Maximum total sick leave is 15 days. All unused leave are
convertible to cash at the end of the year.
• Maternity Leave
One Hundred Five (105) Days, for female workers with an option to extend for an
additional thirty (30) days without pay, and granting an additional fifteen (15) days
for solo mothers.
https://www.dole.gov.ph/wp-content/uploads/2019/05/IRR-RA-11210-dated.pdf
95
Page
b. Separation from Service
• Final Pay
Final Pay or Last Pay will be released within thirty (30) days from the date of
separation or termination of employment unless there is a more favorable company
policy.
In computing for the Final Pay, this formula must be followed:
Basic monthly salary x years of service
• Certificate of Employment
The company shall issue a certificate of employment within three (3) days from the
time of the request by the employee.
c. Compensation and Benefits
• 13th month
The Company provides a 13th month salary that is equal to one (1) month's pay to all
96
qualifying workers who worked for at least one (1) month during a calendar year.
Page
• Rice Allowance
All regular and probationary employees receive rice subsidies from the company,
credited to their payroll account every 30th of the month.
• Meal Subsidy
The company will provide a meal allowance to the employees to cover their daily
meals expenses. The employee must rendered the minimum number of hours per day.
• Holiday Pay
The company may require an employee to work on any holiday, although such a
requirement is not mandatory. An employee will be compensated twice his regular
rate.
97
Page
7.2 Business Registration
A. LEGAL REQUIREMENTS
DEPARTMENT OF TRADE AND INDUSTRY (DTI)
The DTI is in charge of helping the country achieve its aim of having a globally
competitive and innovative industries and services sector that contributes to inclusive
growth and job creation.
BUREAU OF INTERNAL REVENUE (BIR)
The Bureau of Internal Revenue (BIR) is a Department of Finance-affiliated agency.
It is responsible for assessing and collecting all national internal revenue taxes, fees,
and charges, as well as for enforcing all forfeitures, penalties, and fines associated
with them.
BARANGAY CLEARANCE
A requirement before the municipality will issue a business or activity license. The
barangay clearance is sought from the barangay where the desired activity is located
or carried out.
98
Page
B. PROCESS
• DTI
99
Page
• BIR
100
Page
• BARANGGAY CLEARANCE
101
Page
C. BUSINESS REGISTRATION COST
DEPARTMENT OF TRADE AND INDUSTRY (DTI)
Registration fee
Territorial Scope Fee
Barangay Php 200
City/Municipality Php 500
Regional Php 1,000
Registration fee is Php 500 and Php 30 for loose DST or Proof of Payment of
Annual Registration Fee (ARF).
BUREAU OF INTERNAL REVENUE (BIR)
The BIR cost P500. 00 Registration Fee and P30. 00 loose Documentary
Stamp Tax (DST). Taxpayer applicant with existing Taxpayer Identification Number
(TIN) may pay the P500.
BARANGAY CLEARANCE
This is usually issued by the Municipal or City Hall, though it may also be issued
by some Barangay Halls. A Php 25 clearance fee is required. (The charge varies from
102
barangay to barangay, but it is usually less than PHP 100.)

Page
CHAPTER VIII
PROJECT IMPLEMENTATION AND TIME TABLE
8.1 Gantt Chart (Conducting Project)
103
Page
8.2 PERT/CPM
104
Page
8.3 BUDGETING AND COST
Table 8.1 Budgeting and Cost
ACTIVITIES COST
Product Proposal 0.00
Product Change Consultation 0.00
Finalizing Chapter 1&2 0.00
Product Discussion 0.00
Buying of ingredients and 1,074.00
Prototype Making
Survey 0.00
Finalizing Chapter 3 0.00
Finalizing Chapter 5&6 0.00
Product Making and Finalizing 827.00
Appendices and Paper 0.00
Organizing
Last Briefing & Dry Run 0.00
Final Defense 199.00
Revising 0.00
Book Binding and Printing 820.00
Submission of Hard Bound 0.00
Total 2,920.00
105
Page
CONCLUSION
The analysis of the whole feasibility report allows management, staff, and
asset personnel to understand the feasibility of business viability. According to the
study, the offered product has sufficient demand. In terms of technology and
production viability, the Malunggay Pesto technique, materials, and ingredients are
widely accessible on the market, making the search for raw materials easier.
Furthermore, with a capital of 350,000.00 pesos, the proponents can raise the
required cash for the company's financial sustainability. With a 68% return on
investment for the year 1 of the enterprise and with a payback period of 0.17 years or
2 months. These results provided valuable insight and an opportunity for proponents
to drive this enterprise into the market. Customers will be able to afford the product's
pricing. As a result, proponents might conclude that the D'Cloricaryl Enterprise's
Malunggay Pesto is feasible and profitable if it is launched on the market.
RECOMMENDATION
• Product
The enterprise should conduct further product test the to Malunggay

in different state to see if the taste of the pesto varies as follows:
a. Freshly Picked Malunggay Leaves

b. Market Malunggay Leaves
106
c. Dried Malunggay Leaves

d.Sun Dried Malunggay leaves
Page
APPENDICES
a. PRODUCT BROCHURE
107
Page
b. Survey Forms
108
Page
109
Page
110
Page
111
Page
c. Actual Ingredients
d. Presented Dish with the Malunggay Pesto
Malunggay Pesto Pasta and Cordon Bleu Marinated

with Malunggay Pesto
112
Page
e. The D’Cloricaryl Team
113
Page
CURRICULUM
VITAE
114
Page
115
Page
116
Page
117
Page
118
Page
119
Page

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QUEZON CITY UNIVERSITY

INDUSTRIAL ENGINEERING DEPARTMENT

FEASIBILITY STUDY OF D’CLORICARYL ENTERPRISE:

MANUFACTURER OF MALUNGGAY PESTO

A Project Feasibility Study

Presented to the Faculty of Industrial Engineering Directorate

Quezon City Polytechnic University

Novaliches, Quezon City

Of the Requirements for the Degree in

Bachelor of Science in Industrial Engineering

BRAZA, MARY JANE

DOMINGO, JEAN SHIRYL

LAUDE, PRINCESS DIANE

SANICO, CLAURIZ SETH CLOEI

ENGR. NIÑA C. APUSAGA, CIE

This thesis entitled “FEASIBILITY STUDY OF D’CLORICARYL

Engr. Niña Canlas Apusaga, PIE

ENGR. EVELYN DACANAY ENGR. RONALDO IBAÑEZ

ENGR. EVELYN DACANAY ENGR. RONALDO IBAÑEZ

ENGR. JEFFREY CACHO

Accepted in partial fulfillment of the requirements for the subject

ENGR. JEFFREY CACHO, M-ENG-IE ENGR. RYAN F. ARAGO

Area Chair, IE Department Dean, College of Engineering

and strength to complete this feasibility study.

sincerely appreciated and thanked.

Chapter 1: Project Background and History 13

1.2 Project Proponents 15

1.3 Proposed name of business 16

1.4 Type of business organization 17

1.5 Company Mission and Vision 17

1.7 Name of the Product 20

Chapter 2: Management and Personnel Feasibility 21

2.1 Company management details 21

2.2 Organizational chart and departments 22

2.3 Job specifications and responsibility 23

2.4 Personnel salary rates 25

2.5 Personnel Benefits 29

2.6 General Company Policy 31

2.7 General rules 37

2.8 System forms and designs 38

Chapter 3 Marketing Feasibility 44

3.1 Market Description 44

3.3 Market Acceptability 49

3.4 Annual Projected Demand 50

3.5 Market Share Analysis 52

3.6 Projected Sales 53

3.7 Proposed Marketing Programs 54

Chapter 4 Production Feasibility 56

4.1. Product Description 56

4.2 Actual Product 56

4.3 Production Process 57

4.5 Equipment and Tools 68

4.6 Furniture and Fixtures 70

4.7 Office Equipment’s 71

4.9 Office Equipment 75

4.10 Raw Materials 75

4.12 Projected No. of Personnel for Year 1 to 5 77

4.13 Building and Facilities 77

Chapter 5 Financing Feasibility 78