03 HW3Model - L3ExxelTech Company Pro-Forma Budgeted Income...

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L3ExxelTech Company Pro-Forma Budgeted Income Statement Sales Forecast Seasonal Factor 0.8 0.8 0.9 1 1.1 1.2 1.3 1.2 1.1 1 0.8 0.8 12 Units (Col. B monthly avg.over the year) 150 120 120 135 150 165 180 195 180 165 150 120 120 Selling Price (k$) 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 Total Sales $765 $612 $612 $689 $765 $842 $918 $995 $918 $842 $765 $612 $612 (all numbers in k$) REVENUE Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Full Year Gross sales $612 $612 $689 $765 $842 $918 $995 $918 $842 $765 $612 $612 $9,180 Less sales returns and bad debt 0.02 $12 $12 $14 $15 $17 $18 $20 $18 $17 $15 $12 $12 $184 Net Sales $600 $600 $675 $750 $825 $900 $975 $900 $825 $750 $600 $600 $8,996 COST OF SALES Total Cost of Goods Sold 0.6 $367 $367 $413 $459 $505 $551 $597 $551 $505 $459 $367 $367 $5,508 Gross Profit (Loss) $233 $233 $262 $291 $320 $349 $378 $349 $320 $291 $233 $233 $3,488 OPERATING EXPENSES Selling Salaries and wages $49 $49 $49 $49 $49 $49 $49 $49 $49 $49 $49 $49
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03 HW3Model - L3ExxelTech Company Pro-Forma Budgeted Income...

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