PROFIT-METHOD-calculation.docx - PROFIT METHOD RM I i ii iii Gross Income(Year 2014 Concrete Grade 25 [email protected]\/m3 Concrete Grade 30 14,400

PROFIT-METHOD-calculation.docx - PROFIT METHOD RM I i ii...

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PROFIT METHOD RM RM I. Gross Income (Year 2014) i. Concrete Grade 25 6000m 3 @RM205.00/m 3 1,230,000 ii. Concrete Grade 30 14,400 m 3 @RM217.00/m 3 3,124,800 iii. Concrete Grade 35 21,600 m 3 @RM229.00/m 3 4,946,400 Total Gross Income 9,301,200 II. Less Operating Expenditure i. Sand 48,872 elar @RM38.00 per elar 1,857,164 ii. Stone 26,880 ton @RM31.00 per ton 833,280 iii. Cement 13,440 ton @ RM298.00 per ton 4,005,120 iv. Chemical substances 380 v. Fuel 168,000 litres @ RM2.20 per litre 369,600 vi. Salaries & Wages 420,000 vii. Utilities 49,200 viii. Repair & maintenance 36,200 ix. Insurance expenses 216 x. Road taxes 4,668 xi. Leasing of land 45,600 xii. Other expenses 30,000 7,651,428 Net Income 1,649,772 III. Less : i. Operator’s Remuneration 3,000 ii.
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