question archive I'm working on a budget sheet
I'm working on a budget sheet
Subject:AccountingPrice: Bought3
I'm working on a budget sheet. I have most of the calculation completed. I'm stuck on one part of it. What are the equations with the number's populated for a budgeted income statement with these numbers. I need the equations so I can calculate through my work problems.
Price Per Unit: 85
Units produced and sold: 1200
Sales: 85*1200 = $102000.00
Variable costs
Costs of goods sold: 1200*35 = $42000
Operating costs
Shipping costs: 3*1200 = $3600
Contributions: $28200
Fixed Cost
Labor cost monthly: 400*12 = $4800
Advertising: $3000
Bank Fees: $200
Office Supplies: $900
Phone / Internet: 150*12 = 1800
Utilities: 100*12 = $1200
Conference fee: $3000
Travel: $1200
Net Income before taxes: ??
Tax: 28%
Income: ??
Net Income after taxes ??
What are the remainder of the calculations and equations for a budgeted income statement using these numbers and calculations?
