Cost of Goods Sold | |||
Beginning Inventory | |||
Add: Purchases | |||
Freight-in | |||
Direct Labor | |||
Indirect Expenses | |||
Inventory Available | |||
Less: Ending Inventory | |||
Cost of Goods Sold | |||
Gross Profit (Loss) | |||
Sales | Budget | Actual |
Sales | $ 604,461.00 | $ 97,400.00 |
Less Cost of Sales | $ 91,421.57 | $ 14,731.24 |
Net Sales | $ 513,039.43 | $ 82,668.76 |
Operating Expenses | ||
Accounting | $ 53,040.00 | $ 8,840.00 |
Advertising | $ 15,000.00 | $ 2,400.00 |
Wages | $ 128,000.00 | $ 21,500.00 |
Vehicle Expense | $ 3,600.00 | $ 700.00 |
Bank Charges | $ 2,400.00 | $ 400.00 |
Printing | $ 4,800.00 | $ 600.00 |
Insurance | $ 15,600.00 | $ 2,600.00 |
Interest Expense | $ 3,600.00 | $ 625.00 |
Taxes | $ 12,000.00 | $ 2,250.00 |
Rent | $ 28,800.00 | $ 4,900.00 |
Telephone | $ 4,800.00 | $ 800.00 |
Utilities | $ 12,000.00 | $ 2,450.00 |
Deprecation Expense | $ 6,000.00 | $ 1,000.00 |
Office Expense | $ 3,000.00 | $ 450.00 |
Other Expense | $ 1,200.00 | $ 270.00 |
Total Expenses | $ 293,840.00 | $ 49,785.00 |
Net Profit | $ 219,199.43 | $ 32,883.76 |
Cash Flow Analysis | ||
Net Profit (Loss) | $ 219,199.43 | $ 32,883.76 |
Depreciation Expense | $ 6,000.00 | $ 1,000.00 |
Cash from Operations | $ 225,199.43 | $ 33,883.76 |
Plus Initial Cash | $ 24,000.00 | $ 23,524.86 |
Less Principal Payment* | $ 96,000.00 | $ 16,000.00 |
Cash After Princ. Payment | $ 153,199.43 | $ 41,408.62 |
Plus Loan Advance** | $ - | |
Less Loan Payment*** | $ 60,000.00 | $ 10,000.00 |
Plus Misc. Cash Inflow**** | $ - | |
Minus Misc. Cash Outflow | $ 60,000.00 | $ 8,000.00 |
Ending Cash Flow | $ 33,199.43 | $ 23,408.62 |
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