Profit & Loss [Budget Analysis] report Report Description Reports list Profit & Loss [Budget Analysis] December 2008 Selected Period Budgeted $ Difference % Difference Income 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%) Utilities $450.00 $400.00 $50.00 12.5% Wages Paid $750.00 $700.00 $50.00 7.1% Total Expenses $1,393.95 $1,350.00 ($580.15) (13.8%) Operating Profit $830.01 $785.00 $45.01 5.7% Net Profit/(Loss) $830.01 $785.00 $45.01 5.7%
