Given is the Actual Cost Projection from a restaurant and trace the present annual projection growth of the total cost.  

You are a franchise owner of a the famous Kuilans Foodhaus. As a part of your business plan you have to forecast your projected costs using the f assumptions.

The following are the assumptions: 

• Salaries and wages will increase 7% annually.
• Transportation and utilities expense will increase 13% per year.
• There is an increase of 16.67 % on Purchases for year 2016-2019 as well as 2021. However, in year 2020 purchases will decrease 50% from the previous year due to Covid19 Pandemic.
• Rent will increase by ₱2,000 every after 2 years.

 

Particulars Cost of Goods Sold Beg. Inventory Purchases Total Goods Available for sale Ending Inventory Total Cost of Goods Sold 2016 P PO Kuilans Foodhaus (in Philippine Peso) P165,000.00 165,000.00 115,000.00 P150,000.00 2017 2018 2019 2020 2021