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Prestige Telephone Company - PRESTIGE DATA SERVICES Profit...

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PRESTIGE DATA SERVICES Profit and Loss Statement First Quarter 1997 Jaunary February March Revenue: Intercompany sales $82,400 $72,400 $89,200 Commercial Sales Computer use $98,400 $108,000 $110,400 Other $9,241 $9,184 $12,685 Total revenue $190,041 $189,584 $212,285 Expenses: Space costs Fixed Rent $8,000 $8,000 $8,000 Fixed Custodial services $1,240 $1,240 $1,240 $9,240 $9,240 $9,240 Equipment costs: Fixed Computer leases $95,000 $95,000 $95,000 Fixed Maintenance $5,400 $5,400 $5,400 Fixed Depreciation: Fixed Computer equipment $25,500 $25,500 $25,500 Fixed Office equipment and fixtures $680 $680 $680 Mixed Power $1,633 $1,592 $1,803 Compute FC and VC by high low method $128,213 $128,172 $128,383 Wages and salaries: Mixed Operations $29,496 $29,184 $30,264 Fixed Systens development and maintenance $12,000 $12,000 $12,000 Fixed Administration $9,000 $9,000 $9,000 Fixed Sales $11,200 $11,200 $11,200 $61,696 $61,384 $62,464 Mixed Materials $9,031 $8,731 $10,317 Discretionary fixed cost Sales promotions $7,909 $7,039 $8,083 Common fixed cost Corporate services $15,424 $15,359 $15,236 Total expenses $231,513 $229,925 $233,723 Net income ($41,472) ($40,341) ($21,438) Revenue Hours
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