Master Budget - IRAM

1st workshop 2nd Workshop

Two Months Two Months
Key Financial Period 1 Period 2
Volume 20 30
Price (PKR) PKR 30,000.00 PKR 30,000.00
Sales Revenue (PKR) PKR 600,000.00 PKR 900,000.00
Cost of Sale (PKR)
Gross Margin (PKR)
Opearting Cost (PKR) PKR 144,000.00 PKR 64,000.00
Marketing Expenses PKR 120,000.00 PKR 80,000.00
Organizational Cost
IRAM
3rd Workshop
Two Months
Period 3
35
PKR 30,000.00
PKR 1,050,000.00
*** Sattle after the Cost of sale budget
*** Sattle after the Mutal discussion of team
PKR 64,000.00
PKR 80,000.00
 Master Budget - IRAM
Individual Reinvant A Method (IRAM)
Sales Budget
For the three Intervals (two month a interval) ending June 2011

Jan Mar May

Expected persons 20 30 35
Price PKR 30,000.00 PKR 30,000.00 PKR 30,000.00
Estimated Sales PKR 600,000.00 PKR 900,000.00 PKR 1,050,000.00

Note : After two months a work has conducted

***Expected Price Rs. 30000 As per Madam Suggestions

***Expected Growth on sale is an Assumption

*** All sales budget is assumption based we are expected to gether 20, 30, 35 person in our fir
g June 2011

Total
85
PKR 30,000.00
PKR 2,550,000.00

20, 30, 35 person in our first three workshop

 Master Budget - IRAM
Individal Reinvent A Method (IRAM)
Cost of Sale Budget
For the three Interval (two month a interval) ending May 2011
Expected Expected Expected
Trainer Refreshment misleness Other Cost of
Volume Cost Expense Expense Expenses sales
January 20
March 30
May 35

***Should be decided after discussion of team

*** Fixesd salary of Trainer Also be decided after discussion of team
*** Refreshment budget will be decided after complete cottation work or depend on pearl continental rate
*** Other cost is mannar cost that are also reserve cost ( contigency cost)
depend on pearl continental rates
 Master Budget - IRAM

Individual Reinvant A Method (IRAM)

Opearting Expense Budget
For the three Interval ending May 2011

January March May Total

Rent of Office Bulding 50,000 50,000 50,000 150,000

Farniture and fixture 50,000 - - 50,000
Office equipments 30,000 - - 30,000
Utility Expense 10,000 10,000 10,000 30,000
Petty cash Expense 4,000 4,000 4,000 12,000
Total Expenses 144,000 64,000 64,000 272,000

*** Central office is located in capital of pakistan

*** Office may be one or two room
*** One reseption girl is needed and one helper boy is needed.
Master Budget - IRAM
Individual Reinvant A Method (IRAM)
Expense Budget
For the three interval ending March 2011

January March May Total

Salaries (Reciption Girl) 16,000 16,000 16,000 48,000
Depreciation 250 250 250 750
Miscellaneous 2,000 2,000 2,000 6,000
-
Total Expenses 18,250 18,250 18,250 54,750
Master Budget - IRAM
IRAM
Budgeted Income Statement
For the three intervals ending May 2011
January February March
Operating Revenue
Net Sales 600,000 900,000 1,050,000
Cost of Sale
200,000 300,000 400,000 *** Cost of sale assume k
Gross Profit on Operations 400,000 600,000 650,000
Operating Expenses:
Marketing Expense 120,000 80,000 80,000 *** state amount is alloca
Opearting cost 144,000 64,000 64,000
Other Expenses 18,250 18,250 18,250
Income from Operations 117,750 437,750 487,750
Federal Income Tax 25,905 96,305 107,305
Net Income after Federal Income Tax 91,845 341,445 380,445

*** Income tax estimated at 22%( I don’t know the actual rate )
*** Cost of sale assume ki ha yah Actual nai ha

*** state amount is allocated to marketing peoples ( for marketing activities)

Master Budget - IRAM
IRAM
Cash Receipts Budget
For the three intervals ending March 2011

From Sales January February March

December Sales - -
January Sales $600,000 600,000
March Sales $900,000 540,000 360,000
May Sales $1,050,000 1,050,000
Total Receipts from Sales 600,000 540,000 1,410,000

*** 60% collected during current month( March sales)

*** 40% collected during the next month

*** Bad debts is negligible

Master Budget - IRAM
IRAM
Cash Payments Budget
For the three Interval ending March 2011
January March May
Compensation *** Set it after group discussion
Expenses ***
Dividends *** Not necessary now
Equipment Purchases ***Not Necessary now
Total Cash Payments - - -
er group discussion

essary now
essary now
Master Budget - IRAM
IRAM
Cash Budget
For the three interval ending March 2011
January March May
Cash Balance, Beginning *** Initial investment remaini
Cash Receipts 600,000 900,000 1,050,000 *** After Six months
Cash Available 600,000 900,000 1,050,000
Cash Payments *** Total Payment or disburs
Cash Balance, Ending
nitial investment remaining amount
After Six months

Total Payment or disbursment

Master Budget - IRAM
IRAM
Balance Sheet
For the Half year ending March 2011
Assets Liabilities
Current Assets - Accounts Payable -
Cash
Accounts Receivable Equity
Fixed Assets Common Stock
Furniture & Fixture Retained Earnings
Office Equipments Net Income
Retained Earnings -
Total Assets - Total Liabilities and Equity -
-
Break even analysis - IRAM

Particualr $ Rs.
Total Fixed Cost
ST
O

Total Variable Cost

C

Total Cost 0 0
E
EN
EV

Total Sales Revenue

R

Break even Aanlysis