| MONTHLY BUDGET : PROJECTED INCOME STATEMENT FOR R & S CORPORATION | ||||||||
| Month | September | October | November | December | January | February | March | TOTAL |
| Estimated units sold | 160 | 300 | 640 | 800 | 1000 | 760 | 40 | 3700 |
| Estimated price per unit | $100.00 | $100.00 | $100.00 | $100.00 | $100.00 | $100.00 | $100.00 | $100.00 |
| TOTAL SALES | $16,000.00 | $30,000.00 | $64,000.00 | $80,000.00 | $100,000.00 | $76,000.00 | $4,000.00 | $370,000.00 |
| Cost per unit | $50.00 | $50.00 | $50.00 | $50.00 | $50.00 | $50.00 | $50.00 | $50.00 |
| Total cost/units | $8,000.00 | $15,000.00 | $32,000.00 | $40,000.00 | $50,000.00 | $38,000.00 | $2,000.00 | $185,000.00 |
| Gross Profit | $8,000.00 | $15,000.00 | $32,000.00 | $40,000.00 | $50,000.00 | $38,000.00 | $2,000.00 | $185,000.00 |
| Fixed Costs | $18,000.00 | $18,000.00 | $18,000.00 | $18,000.00 | $18,000.00 | $18,000.00 | $6,000.00 | $114,000.00 |
| Variable Costs | $1,000.00 | $2,500.00 | $2,500.00 | $2,500.00 | $2,000.00 | $1,000.00 | $1,000.00 | $12,500.00 |
| Total Costs | $19,000.00 | $20,500.00 | $20,500.00 | $20,500.00 | $20,000.00 | $19,000.00 | $7,000.00 | $126,500.00 |
| Profit/(Loss) before taxes | $11,000.00 | $5,500.00 | $11,500.00 | $19,500.00 | $30,000.00 | $19,000.00 | $5,000.00 | $58,500.00 |
| Loan Payment | $12,000.00 | $12,000.00 | ||||||
| TOTAL | $46,500.00 | |||||||
| Less Taxes (25% Estimated) | $11,625.00 | |||||||
| Total sales = Units sold * Unit Selling Price | Net profit | $34,875.00 | ||||||
| Total Cost per Unit = Units sold * Cost per Unit | ||||||||
| Gross Profit = Total Sales - Total Cost/ units | ||||||||
| Fixed Costs= Commercial+Rent+Newspaper adds+ Salaries | ||||||||
| Variable Cost = Multiple variable costs | ||||||||
| Total Costs = Fixed Costs + Variable Costs | ||||||||
| Profit/(Loss) before taxes = Gross Profit- Total Costs | ||||||||
| Taxes = Profit * .25 | ||||||||