Profit & Loss [Budget Analysis]
December 2003
|
|
|
|
|
Selected Period
|
Budgeted
|
$ Difference
|
% Difference |
_____________________________________________________________________________
|
| Income
|
|
|
|
6
|
|
|
Sales
|
|
|
|
|
|
|
|
Retail Sales
|
$5,318.00
|
$5,000.00
|
$318.00
|
6.3%
|
|
|
|
Wholesale Sales
|
$1,567.50
|
$1,500.00
|
$67.50
|
6.3%
|
|
|
|
Consignment Sales
|
$2,000.00
|
$2,500.00
|
($500.00)
|
(2.0%)
|
| Total Income
|
$8,885.50
|
$9,000.00
|
($114.50)
|
(1.2%)
|
|
|
|
|
|
|
|
|
| Cost of Sales
|
|
|
|
|
|
|
Retail Cost of Sales
|
$3,419.31
|
$3,000.00
|
$419.31
|
1.4%
|
|
|
Wholesale Cost of Sales
|
$1,001.33
|
$1,000.00
|
$1.33
|
0.01%
|
| Total Cost of Sales
|
$4,420.64
|
$4,000.00
|
$420.64
|
10.5%
|
| Gross Profit
|
$4,464.86
|
$5,000.00
|
($535.14)
|
(10.7%)
|
|
|
|
|
|
|
|
|
| Expenses
|
|
|
|
|
|
|
Car & Truck Expenses
|
$100.00
|
$125.00
|
($25.00)
|
(20.5%
|
|
|
Freight Paid
|
$48.95
|
$75.00
|
($26.05)
|
(34.7%)
|
|
|
Insurance (other than health)
|
$45.00
|
$50.00
|
($5.00)
|
(10.0%)
|
|
|
Interest
|
|
|
|
|
|
|
|
Other Interest
|
$750.00
|
$750.00
|
$0.00
|
NA
|
|
|
Legal & Professional Services
|
$178.90
|
$250.00
|
($71.10)
|
(28.4%)
|
|
|
Lease Expenses
|
|
|
|
|
|
|
|
Machinery & Equipment
|
$100.00
|
$120.00
|
($20.00)
|
(16.7%)
|
|
|
|
Other Business Property
|
$12.00
|
$20.00
|
($8.00)
|
(40.0%)
|
|
|
Supplies
|
$150.00
|
$150.00
|
$0.00
|
NA
|
|
|
Taxes
|
$50.00
|
$75.00
|
($25.00)
|
(33.3%)
|
|
|
Travel, Meals & Entertainment
|
|
|
|
|
|
|
|
Meals & Entertainment
|
$1,000.00
|
$1,500.00
|
($500.00)
|
(33.3%)
|
|
|
Utilities
|
$450.00
|
$400.00
|
$50.00
|
12.5%
|
|
|
Wages Paid
|
$750.00
|
$700.00
|
$50.00
|
7.1%
|
| Total Expenses
|
$3,634.85
|
$4,215.00
|
($580.15)
|
(13.8%)
|
| Operating Profit
|
$830.01
|
$785.00
|
$45.01
|
5.7%
|
| Other Income
|
|
|
|
|
| Other Expenses
|
|
|
|
|
| Net Profit/(Loss)
|
$830.01
|
$785.00
|
$45.01
|
5.7%
|
