What: Guidelines for the computation of price list
Background:
1. One of the obstacles in coming out with the marketing plan is coming out with the price list
2. SBUs cmos have repeatedly failed to come out with the correct price list; but just comes with TLP
3. This has been pending for the past several days
Objectives
1. To start selling
2. To add to knowledge of trainees and all officers
Options:
1. Accept the lack of knowledge
2. Guide our people to make marketing plan and do this simple task through this memo; note
HOW TO; (TOPICS)
1. Computing for the price increase (external)
2. Computing for the MA (external)
3. Computing for the cost breakdown
1. Price increase by 20% (by October 16)
1. Divide old price by Old price/1/1 - 0.20) = Old price /0..80
2 Example: P65,000/0.8 = P81, 250.00
For example only (old price a guess)
TLP
GMP HAMP La Union Panga
Old price 70,000 85,000 80,000 85,000
New price 87,500 106,250 100,000 106,250
The price increase can be justified by:saying:
1. All prices has gone up: construction materials: labor due to wage orders
2. For Morong and Panga, there are limited inventories and we are selling only limited number of plots, and at need. This is a special occasion to buy prenee
(30% cheaper
3. For sales price present your ma as your price. (For as low as _________monthly
2. MA (monthly amortization computation)
Price l x 1+ interest rate x number of years/ number of months
Say the interest is 9% for 3 years; 9x 3 = 27%
Say price is 70,000
With dp: 20% 70% (spot or split)
DP 20% MA 1 year (0 interest Ma 2 years (3%) Ma (6%)
Factor (add on) 0 03. .18
MA 4,667 2,614 1975.
P70,000
How,, explanation:
DP 70,000 x 20% = 14,000
Balance 56,000
1 year 56 ,000 x1 x 12 = 4,667
2 years 56,000 x 1,12.24 = 2,614
3 years 56,000 x 1,26/36 = 1975.60
No DP, straight MA
Same price; 70,000
1 year 2 years 3 years
Interest rate 3% 6% 9%
Factor (add on) 0.03 0.12 0.27
Using same method of computation MA
6,009 3,267 2,470
Put the two on a table:
1 year 2 years 3 years
20% dp (split or cash dp) 4,667 2,614 1, 975
No dp 6,009 3,267 2,470
THIS IS WHAT YOU PRESENT AS YOUR PRICE LIST NOT THE TLP!!!
3. INTERNAL COMPUTATION FOR FUND DISTRIBUTION
1. Deductions: (please check for accuracy)
VAT - 12%
Insurance - 5%
Collection fee 3%
MCF 15%
ME 17%
Total 52%
Net for sharing 48%
2, Example DP of 20% = 14,000
Fund distribution for 14,000 For MA say 2,470 (3 years no dp)
VAT - 12% 1,680 296.40
Insurance - 5% 700 123.50
Collection fee 3% 420 74.10
MCF 15% 2,100 370.50
ME 17% 2,380 419.90
Total 52% 7,280 1,388.40
Net for sharing 48% 6,720 1,185.60
Only the net for sharing shall be shared;
The funds set aside shall ber remitted to Majaorem monthly not later than 7 days after end of reference month
The contents are property of the author and shall not be used without written consent
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