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Project 3 Financial statements

Project 3 Financial statements - Intial Investment Rent...

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Intial Investment Rent Expense: Warehouse $21,600 Pay six months inadvance 1,200 per month Office $36,000 Pay six months inadvance 1,500 per month Total Rent Expense $57,600 Intangible Asset $20,000 Patent for website layout - 15000; copyright Information System $800,000 Includes software, Intranet, Website Renovation $100,000 per office 25000; total of 4 office Furniture and Furnishing $120,000 Headquarter 45,000; Branches 25,000 Moving Supplies $20,000 Boxes, Bubble wrapper, Tape Equipment - Moving $30,000 Dollies, Carts, Back-support belt Office Equipment $23,000 cellphone 2,299, 1,300 per laptop for 8= 13, Advertisment Expense $24,000 Newspaper Ads, Posters, radio for 6 months Legal Expense $10,000 all related legal expense, including business Truck and Moving Insurance $30,000 prepaid insurance for one year Worksmen Comp $8,000 Initial deposit Trucks $750,000 Purchase 10 Trucks @ 75k Full Benefits $66,000 40 employees for 6 months Driver License (A) $10,000 Training and Test Total Intial Investment $2,068,600
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h h t on software 350 ,000; computer 2300 ea @ 10 hs s license
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Revenue and Expenses Monthly per truck Bedrooms cost/hour avg # hour worked 5 $245.00 9 4 $195.00 7 3 $150.00 5 2 $110.00 4 Wages Workers wages hours 4 $12.00 9 3 $12.00 7 2 $12.00 5 1 $12.00 4 Wages Manager wages hours 1 $17.00 9 1 $17.00 7 1 $17.00 5 1 $17.00 4 Supply Expense Moving Supplies Cost/Unit Quantity Extra Large Box $1.20 450 Large Box $0.99 550 Medium Box $0.75 350 Small Box $0.50 350 Picture Shipper $6.00 40 Bubble Wrap 12'x80' $7.00 30 Packing Paper 400 Sht 24"x36" $9.25 20 Moving Tape $3.00 250 Transporation Expenses Consumption of Fuel Cost/ Unit Quantity Diesel Gas(Per Truck) $2.32 100 Commision Avg $ amount sales/month Commission(8%) Ikea $0.00 8% Pottery Barn $0.00 8%
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ethan allen 8% crate and barrel 8% Revenue: Monthly income Per Truck $6,125.00 Commission $0.00 Expense: Wages for Movers -$1,122.00 Wages for Managers -$569.50 Supply Expense -$2,907.00 Transportation Expense -$232.00 Total Monthly Revenue $1,294.50 Initial Investment Tape Dispenser 15 Moving Blanket 8
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322 revenue/job # jobs per month average Revenue per month $2,205.00 1 $2,205.00 $1,365.00 2 $2,730.00 $750.00 1 $750.00 $440.00 1 $440.00 5 $6,125.00 overtime hours wage per overtime hour # jobs per month average wages per month 1 $18.00 1 $450.00 0 $18.00 2 $504.00 0 $18.00 1 $120.00 0 $18.00 1 $48.00 5 $1,122.00 overtime hours wage per overtime hour # jobs per month average wages per month 1 25.5 1 $178.50 0 25.5 2 $238.00 0 25.5 1 $85.00 0 25.5 1 $68.00 $569.50 Total Expense $540.00 $544.50 $262.50 $175.00 $240.00 $210.00 $185.00 $750.00 $2,907.00 Total Expense $232.00 Commission $0.00 $0.00
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$0.00 $0.00 $0.00
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Revenue and Expenses Monthly per truck Bedrooms cost/hour avg # hour worked 5 $245.00 9 4 $195.00 7 3 $150.00 5 2 $110.00 4 Wages Workers wages hours 4 $12.00 9 3 $12.00 7 2 $12.00 5 1 $12.00 4 Wages Manager wages hours 1 $17.00 9 1 $17.00 7 1 $17.00 5 1 $17.00 4 Supply Expense Moving Supplies Cost/Unit Quantity Extra Large Box $1.20 450 Large Box $0.99 550 Medium Box $0.75 350 Small Box $0.50 350 Picture Shipper $6.00 40 Bubble Wrap 12'x80' $7.00 30 Packing Paper 400 Sht 24"x36" $9.25 20 Moving Tape $3.00 250 Transporation Expenses Consumption of Fuel Cost/ Unit Quantity Diesel Gas(Per Truck) $2.32 120 Commision Avg $ amount sales/month Commission(8%) Ikea $0.00 8% Pottery Barn $0.00 8%
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ethan allen 8% crate and barrel 8% Sales Growth 0.12 Revenue: Monthly income Per Truck $6,875.00 Commission $0.00 Expense: Wages for Movers -$1,242.00 Wages for Managers -$654.50 Supply Expense -$2,907.00 Transportation Expense -$278.40 Total Monthly Revenue $1,793.10
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revenue/job # jobs per month average Revenue per month $2,205.00 1 $2,205.00 $1,365.00 2 $2,730.00 $750.00 2 $1,500.00 $440.00 1 $440.00 6 $6,875.00 overtime hours wage per overtime hour # jobs per month average wages per month 1 $18.00
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