Profit & Loss [Budget Analysis] report Report Description Reports List Profit & Loss [Budget Analysis] December 2010 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% Carriage 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%
