Beruflich Dokumente
Kultur Dokumente
Project
Step1
E-Lan Electronics
Sales Budget
For the Year Ended
January
Prior Year Sales in Units
Budget as a percent of prior year
Projected sales in unit
Sales price per unit
Sales Revenue
February
200,000
115%
230,000
38
8,740,000 $
March
268,000
115%
308,200
38
11,711,600 $
240,000
115%
276,000
38
10,488,000
75%
22%
3%
February
March
1,980,000
6,555,000
131,100
175,674
2,576,552
7,866,000
157,320
8,403,900
10,530,826
10,285,232
262,200
351,348
314,640
Uncollected
1,922,800
8,783,700
E-Lan Electronics
Production Budget
For the Year Ended
January
Budgeted Sales
February
230,000
March
308,200
276,000
30,820
260,820
23,000
237,820
27,600
335,800
30,820
304,980
24,150
300,150
27,600
272,550
Step2
January
Required production in units
Number of Flobs per Gizmo
Total production needs - Flobs
Production needs - Flobs
Add: desired ending inventory - Flobs
Total needs - Flobs
Less: beginning inventory - Flobs
Raw materials to be purchased - Flobs
Cost of raw materials per Flobs
Cost of raw materials to be purchased
E-Lan Electronics
Direct materials purchases budget
For the Year Ended
February
March
237,820
304,980
x3
x3
713,460
914,940
272,550
x3
817,650
713,460
274,482
987,942
214,038
773,904
2.5
1,934,760
914,940
245,295
1,160,235
274,482
885,753
2.5
2,214,383
817,650
219,420
1,037,070
245,295
791,775
2.5
1,979,438
237,820
x1
237,820
304,980
x1
304,980
272,550
x1
272,550
237,820
91,494
329,314
71,346
257,968
7
1,805,776
304,980
81,765
386,745
91,494
295,251
###
2,066,757
272,550
73,140
345,690
81,765
263,925
7
1,847,475
Total
3,740,536
4,281,140
3,826,913
70%
30%
February
March
1,122,160.80
2,996,797.65
4,258,375
1,284,341.85
2,678,838.75
4,118,958
3,963,181
E-Lan Electronics
Direct Labor Budget
For the Year Ended
January
Required production in units
Direct labor-hours per case
Total direct labor-hours needed
Direct labor cost per hour
Total direct labor cost
February
237,820
0.8
190,256
18
3,424,608
March
304,980
0.8
243,984
18
4,391,712
272,550
0.8
218,040
18
3,924,720
E-Lan Electronics
Manufacturing Overhead Budget
For the Year Ended
January
February
March
237,820
2.7
642,114
228,000
870,114
27,000
304,980
2.7
823,446
228,000
1,051,446
27,000
272,550
2.7
735,885
228,000
963,885
27,000
843,114
1,024,446
936,885
E-Lan Electronics
Ending Finished Goods Inventory Budget
For the Year Ended
Item:
Production cost per case
Indirect Materials
Indirect Labor
Manufacturing overhead
Unit product cost
Budgeted finished goods inventory:
Ending finished goods inventory in cases
Unit product cost
Ending finished goods inventory in dollars
Step3
Quantity
Gizmo
Flobs
Cost
1
3
0.8
1
7
2.5
18
3.6382473784
E-Lan Electronics
Selling and Administrative Budget
For the Year Ended
January
Budgeted sales in units
Variable Selling and Administrative expense
Variable Selling and Administrative expenses
Fixed Selling and Administrative expenses:
Salaries
Rent
Advertising
Depreciation
Other
Total fixed selling and administrative expenses
Total selling and administrative expenses
Less: Depreciation
Cash disbursements for selling and administrative expenses
February
March
230,000
1.5
345,000
308,200
###
462,300
276,000
1.5
414,000
15,000
17,000
82,000
18,500
6,700
139,200
484,200
18,500
465,700
###
###
###
###
###
139,200
601,500
###
583,000
15,000
17,000
82,000
18,500
6,700
139,200
553,200
18,500
534,700
E-Lan Electronics
Capital Expenditures Budget
For the Year Ended
Selling and Administrative Equipment
Production Equipment
January
February
March
$
$
180,000
3,100,000
Total expenditure
3,280,000
E-Lan Electronics
Cash Budget
For the Year Ended
January
February
March
50,000 $
50,000 $
50,000
$
$
8,403,900 $
8,453,900 $
10,530,826 $
10,580,826 $
10,285,232
10,335,232
$
$
$
$
4,258,375
465,700
3,424,608
870,114
$
$
$
$
$
$
$
$
$
$
$
4,118,958
583,000
4,391,712
1,051,446
9,018,797 $
(564,897) $
$
$
$
$
$
10,145,116 $
435,710 $
3,963,181
534,700
3,924,720
963,885
3,280,000
12,666,486
(2,331,254)
362,000 $
614,897
$
3,620 $
980,517 $
50,000
980,517 $
$
(385,710)
9,805.17 $
604,613 $
### $
604,613
2,381,254
6,046.13
2,991,913
50,000
4)
E-Lan Electronics
Budgeted Income Statement
For the Year Ended
Sales
Sales Discount
Net Sales
Cost of Goods Sold
Gross Margin
Expenses:
E-Lan Electronics
Budgeted Balance Sheet
For the Year Ended
Assets
$
$
$
$
$
30,939,600
(464,094)
30,475,506
26,492,641
3,982,865
Current Assets:
Cash
Accounts Receivable
Raw material inventories*
Finished godds inventory
Total current assets
$
$
$
$
$
$
1,638,900
928,188
2,567,088
1,415,777
19,471
1,396,306
511,980
Total
April
708,000
115%
814,200
30,939,600 $
210,000
115%
241,500
38
9,177,000
April
1,980,000
8,477,800
11,360,252
7,866,000
464,094
2,307,360
29,219,958
928,188
Total
April
814,200
241,500
24,150
838,350
23,000
815,350
Quarter
26,450
267,950
24,150
243,800
April
815,350
x3
2,446,050
243,800
x3
731,400
2,446,050
219,420
2,665,470
214,038
2,451,432
2.5
6,128,580
731,400
731,400
219,420
511,980
2.5
1,279,950
815,350
x1
815,350
243,800
x1
243,800
815,350
246,399
1,061,749
71,346
990,403
7
6,932,821
243,800
243,800
73,140
170,660
###
1,194,620
13,061,401
2,474,570
Aptil
1,148,073.75
1,640,000
3,740,536
4,281,140
2,678,839
1,148,073.75
12,340,514
Quarter
April
815,350
0.8
652,280
18
11,741,040
Quarter
815,350
2.7
2,201,445
684,000
2,885,445
81,000
2,966,445
243,800
0.8
195,040
18
3,510,720
2,966,445.00
815,350
3.6382473784
Total
7
7.5
14.4
3.6382473784
32.5382473784
24,150
32.5382473784
785,798.67
Quarter
814,200
1.5
1,221,300
45,000
51,000
246,000
55,500
20,100
417,600
1,638,900
55,500
1,583,400
Quarter
$
$
180,000
3,100,000
3,280,000
Quarter
50,000
$
$
29,219,958
29,369,958
$
$
$
$
$
$
$
12,340,514
1,583,400
11,741,040
2,885,445
3,280,000
31,830,399
(2,460,441)
$
$
$
$
$
$
362,000
2,996,151
(385,710)
19,471
2,991,913
50,000
erial inventories*
godds inventory
E-Lan Electronics
Budgeted Balance Sheet
For the Year Ended
Assets
$
$
$
$
$
50,000
2,307,360
1,060,530
785,799
4,203,689
$
$
$
$
$
$
7,800,000
180,000
3,100,000
136,500
10,943,500
15,147,189
olders' Equity
ies and Stockholders' Equity
548,550
$
$
$
1,148,074
2,991,913
4,139,986
$
$
$
$
1,200,000
9,807,203
11,007,203
15,147,189
1,060,530