Statement of Financial Positionsssaaaaaaa (1)

7/25/2019 Statement of Financial Positionsssaaaaaaa (1)

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Budget Plan


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Statement of Financial PositionDecember 31, 2015

ASSETS

Current Assets

Cash 25,!50"00#ccounts $ecei%able 3!0,2&0"00

'ess( #llo)ance for Doubtful #ccounts !,00"003&2,*&0"00+n%entorie

s($a) aterials 21,250"00Finished -oods *5,!00"002..,.50"00/otal Current #ssets

908,560.00Non-currentAssetsProert, Plant and uiment 2,&0,!0"00

'ess( #ccumulated Dereciation 1*,&10"002,1*&,130"004ther #ssets

105,310"00/otal on6current #ssets 2,291,440.00

TOTAL ASSETS 3,200,000.00


3/22

IAILITIES AN! E"#IT$

L%&'%(%t%es

'iabilities 7 Current 32!,.00"00'ong6term Debt *50,000"00

/otal 'iabilities 1,))),900.00

E*u%t+Common Stoc81,000,000"00$etained arnings

1,022,100"00/otal uit 2,022,100.00TOTAL LIAILITIES AN! E"#IT$

3,200,000.00


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Sales Budget

ceu(e 1

onro/ott(e)5 (

onro/ott(e250 (

onro/ott(e500 (

TOTAL

#NITS

'aguna 000 &000 .000 19000

Ca%ite 3000 5000 &000 14000

)000 11000 15000 33000

Sales Price 200 150 100

TOTALSALES

1400000 1650000 1500000 4550000


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Production Budget

ceu(e 2

onro/ott(e)5 (

onro/ott(e250 (

onro/ott(e500 (

9nits to be

sold

!000 11000 15000

#dd( nding+n%entor

250 200 00

/otal !250 11200 1500

'ess(Beginning

+n%entor

200 00 500

rouct%one*u%re

)050 10800 14900


6/22

!%rect &ter%&(s uet %n #n%ts

ceu(e 3

rouct rouct%on &r(e/ E&(ene Cosotene

:onro; Bottle!5'

!050 *&00 35250 1100

:onro; Bottle250'

10*00 *&00 3200 10*00

:onro; Bottle

500' 1.00 *.00 2.*00 1.00

Productionreuirement

2&000 .!50 3.*00

#dd( nding+n%entor

0000 12000 2500

Tot&( 300400 109450 42300

'ess( Beginning+n%entor

30000 10000 2000

urc&see*u%reent

2)0400 99450 40300


7/22

urc&ses uet

ceu(e 4

&ter%&(e*u%re

#n%ts#n%t r%ce Tot&(

arle; 2!000 1 2!000

%alene ..50 1 13.2300

Cosmothene 0300 2"5 100!50

& &ter%&(surc&ses

1)63450


8/22

Cost of aterials $euired for ProductionBudget

ceu(e 5

rouct rouct%on &r(e/ E&(ene Cosotene

:onro; Bottle!5'

!050 *&00 35250 1100

:onro; Bottle250'

10*00 *&00 3200 10*00

:onro; Bottle500'

1.00 *.00 2.*00 1.00

rouct%onre*u%reent

260400 9)450 39800

9nit Cost 1 1 2"5

Tot&( Cost o7&ter%&(se*u%re

260400 1364300 99500


9/22

!%rect L&'or uet

ceu(e 6

rouctsours (o

o(%n

ours Inect%on

o(%n

ours E/trus%on

o(%n

:onro; Bottle!5'

3525 1!&25 5&0

:onro; Bottle250'

050 21&00 500

:onro; Bottle500'

55*!"5 2&0!5 !50

Tot&( ours 13162.5 65300 18490

$ate * 10 .

#mount 105300 &53000 1&&10

Tot&( !%rect L&'or uet 924)10


10/22

Cutt%n !e:&rtent uete&c%ne ours

ceu(e )

rouctrouct%one*u%re

ours Tot&(

:onro; Bottle

!5'!050 0"* 5&0

:onro; Bottle250'

10*00 0"& &*0

:onro; Bottle500'

1.00 0" 5.&0

Tot&( ours 18080


11/22

uete ;&ctor+ Oere& &n!e:&rtent &tes

ceu(e 8

(o o(%n

;%/eCost

ener&( ;&ctor+Costs &000 &000

Tot&( 90400

!e:&rtent&( &tes 5


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Inect%on o(%n;%/eCost

ener&( ;&ctor+

Costs .000 .000

Tot&( 261200

!e:&rtent&( &tes 4


13/22


E/trus%on;%/eCost

ener&( ;&ctor+

Costs !500 !500

Tot&( 184900

!e:&rtent&( &tes 10


14/22


O


15/22

uete #n%t rouct Cost

ceu(e 9

!%ret &ter%&(s

&te #n%tsonro/ott(e

)5 ( arle; 1 12 12

%alene 1 5 !0

Cosmothene 2"5 2 5

Tot&( 8)

!%rect L&'or

Blo) olding * 0"5

+n


16/22

uete#n%t rouct Cost

!%ret &ter%&(s

&te #n%tsonro/ott(e

250 ( arle; 1 * *

%alene 1 3 2

Cosmothene 2"5 1 2"5

Tot&( 52.5

!%rect L&'orBlo) olding * 0"3!5 3

+n


17/22

uete #n%t rouct Cost

!%ret &ter%&(s

&te #n%tsonro/ott(e

500 ( arle; 1 & &

%alene 1 2 2*

Cosmothene 2"5 1 2"5

Tot&( 36.5

!%rect L&'orBlo) olding * 0"3!5 3

+n


18/22

e%nn%n &n En%n Inentor+ uet

ceu(e 10

e%nn%n Inentor+ En%n Inentor+

rouct #n%ts Cost

Tot&(

Cost #n%ts Cost

Tot&(

Cost

;%n%se >oos

onro/ ott(e)5L

200 10 2*,000 250 15"2 3&,300

onro/ ott(e250L

00 .5 3*,000 200 .& 1.,200

onro/ ott(e500L 500 !5 3!,500 00 !5"5 30,200

Tot&( 1100103,50

0850 85,)00

& &ter%&(s

&r(e/ 30000 1 30,000 0000 1 0,000

E&(ene 10000 1 10,000 12000 1 1&*,000

Cosotene 2000 2"5 5,000 2500 2"5 &,250

Tot&( 420001)5,00

054500

214,250

Tot&(2)8,50

0299,95

0

( 11


19/22

ueteCost o7 >oos &nu7&ctur%n &n So( St&teent

ceu(e 11

e%nn%n Inentor+

!%rect &ter%&(s

&r(e/ 30,000

E&(ene 10,000

Cosotene 5,000 1!,5000

urc&ses1,!&3,5

0

Tot&(1,.3*,5

0

Less? En%n Inentor+

&r(e/ 0,000

E&(ene 1&*,000

Cosotene &,250 21,250

Tot&( !%rect &ter%&( Cost 1,!2,200

!%rect L&'or .2,!10

;&ctor+ Oere& 53&,500

Tot&( &nu7&ctur%n Cost3,1*5,1

0

A? e%nn%n @or %n rocessInentor+

0

ce (e 12


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uete Incoe St&teent

ceu(e 12

Sales ,550,000"00'ess( Cost of Sales

3,203,210"00-ross Pro=t1,3&,!.0"00

'ess( ar8eting ;enses35&,!.0"00

#dministrati%e ;enses

2.0,000"00et 4erating Pro=t

!00,000"00'ess( Pro%ision for +ncome /a;es >30?@210,000"00Net Incoe A7ter T&/

490,000.00


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Sales Production Pro=t


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Documents

Statement of Financial Positionsssaaaaaaa (1)