Feasibility study of high protein snack food productions, 2: corn-soy curls [Philippines].
1985
Capangana M.V. | Martin A.M. Jr | Fradejas P.C. Jr.
A feasibility study was conducted on the production of a high protein snack food from corn-soybean blend (a cereal-legume mix). It is envisioned that the project will process 80 kilos of corn and soybean mixture per day in its initial normal operation gradually increasing the operating capacity in the succeeding years. The extrusion process will be used to convert the mixture into expanded curls, a popular type of snack food. Locally fabricated equipment will be used in the production process except for the cereal puffing machine. The project will need a capital outlay of 1,540,000 pesos. Sixty percent of this will be in the form of loan bearing 30% interest rate and the rest as equity contribution from proponent. Financial analyses showed a payout time of 2.01 years and 49.67% annual rate of return on the investment. The project will break even on the first year of operation at the sales volume of 1,252,428 packs of 16 grams each and the break-even selling price of one peso and 22 centavos per pouch, based on the market price as of May 1985.
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