Case 13 Financial Projections - Up the Hill Bakery 1st Quarter Financial Projections Date January February March Total Sales Beverage Bread Bakery Items

Case 13 Financial Projections - Up the Hill Bakery 1st...

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Up the Hill Bakery 1st Quarter Financial Projections Date January February March Total Sales Beverage $5,500 $5,555 $5,622 $16,677 Bread $8,500 $8,585 $8,688 $25,773 Bakery Items $7,200 $7,272 $7,359 $21,831 Lunch Sales $8,400 $8,484 $8,586 $25,470 Breakfast Sales $4,500 $4,545 $4,600 $13,645 Total Sales $34,100 $34,441 $34,854 $103,395 Cost of Goods Sold Beverage $1,375 $1,389 $1,405 $4,169 Bread $1,275 $1,288 $1,303 $3,866 Bakery Items $720 $727 $736 $2,183 Lunch Sales $1,260 $1,273 $1,288 $3,820 Breakfast Sales $540 $545 $552 $1,637 Total Cost of Goods Sold $5,170 $5,222 $5,284 $15,676 Fixed Costs Building Lease $2,000 $2,000 $2,000 $6,000 Utilities $950 $950 $950 $2,850 Marketing $1,050 $1,050 $1,050 $3,150 General Administration $350 $350 $350 $1,050 Employee Salaries $11,000 $11,000 $11,000 $33,000 Bonus Pay Out $3,000 $3,000 Total Fixed Costs $15,350 $15,350 $18,350 $49,050 Total Expenses $20,520 $20,572 $23,634 $64,726 Net Income $13,580 $13,869 $11,220 $38,669 Taxes $4,753.00 $4,854.26 $3,926.98 $13,534.23 Net Profit $8,827 $9,015 $7,293 $25,135 Assumptions Cost of Goods Sold Beverage 25% Bread 15% Bakery Items 10% Lunch Menu 15% Breakfast Menu 12% Fixed Costs Building Lease $2,000 Utilities $950 Marketing $1,050 General Administration $350 Employee Salaries $11,000 February 1.0% March 1.2% Bonus Information Bonus Pay $3,000 Bonus Sales Goal $34,500 Taxes 35% Monthly Sales Increase (based on Prior Month)
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Up the Hill Bakery 2nd Quarter Financial Projections Date April May June Total Sales Beverage $5,734 $5,791 $5,936 $17,462 Bread $8,862 $8,950 $9,174 $26,986 Bakery Items $7,506 $7,582 $7,771 $22,859 Lunch Sales $8,758 $8,845 $9,066 $26,669 Breakfast Sales $4,692 $4,738 $4,857 $14,287 Total Sales $35,551 $35,907 $36,805 $108,263 Cost of Goods Sold Beverage $1,434 $1,448 $1,484 $4,365 Bread $1,329 $1,343 $1,376 $4,048 Bakery Items $751 $758 $777 $2,286 Lunch Sales $1,314 $1,327 $1,360 $4,000 Breakfast Sales $563 $569 $583 $1,714 Total Cost of Goods Sold $5,390 $5,444 $5,580 $16,414 Fixed Costs Building Lease $2,000 $2,000 $2,000 $6,000
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  • Spring '13
  • Unknown
  • Sales, Goods Sold, Hill Bakery

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