budget waqas akram abbasi (345-9589238 calculator
TRANSCRIPT
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8/11/2019 Budget Waqas Akram Abbasi (345-9589238 Calculator
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SUMMARY BUDGTED FLEXIABLE ACTUAL OVER BUDGET UNDER BUDGET
Total income 1035000 1070000 1070000
Total expenses 109992 104992 220000 115008.00
Income less expenses: 925008 965008 850000 (115008.00)
5000.00 (115008.00)
INCOME DETAILS BUDGETED Flexiible ACTUAL OVER BUDGET UNDER BUDGET
Sales 1000000 1000000 1000000Interest earned 5000 5000 10000 5000.00
Fees 5000 5000 10000 5000.00
Commissions 10000 10000 20000 10000.00
Rent 5000 5000 10000 5000.00
Royalties 5000 5000 10000 5000.00
Other 5000 5000 10000 5000.00
Total income: 1035000 1035000 1070000 35000.00
EXPENSE DETAILS BUDGETED flexible ACTUAL OVER BUDGET UNDER BUDGET
SELLING
Salaries and wages 2000 2000 4000 2000.00
Commissions 1992 1992 4000 2008.00
Advertising 2000 2000 4000 2000.00
Delivery 5000 5000 10000 5000.00
Shipping 5000 5000 10000 5000.00
Travel 2000 2000 4000 2000.00
Other 2000 2000 4000 2000.00
Total sales expenses: 19992 19992 40000 20008.00
Percent of total: 18.18% 19.04% 18.18%ADMINISTRATIVE
Salaries 2000 2000 4000 2000.00
Employee benefits 5000 5000 10000 5000.00
Payroll taxes 1000 1000 2000 1000.00
Insurance 1000 1000 2000 1000.00
Loans 5000 5000 10000 5000.00
Office supplies 5000 5000 10000 5000.00
Travel & entertainment 1000 1000 2000 1000.00
Budget for the Period.
Waqas Akram Abbasi(=345-9589238)
Poor( )/Good cost controlFavourable /unfavourable( ) due to change in activity
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8/11/2019 Budget Waqas Akram Abbasi (345-9589238 Calculator
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Postage 9000 9000 18000 9000.00
Furnishings 8000 8000 16000 8000.00
Contributions 4000 4000 8000 4000.00
5000 10000 10000.00
Other 4000 4000 8000 4000.00
Total admin. expenses: 50000 45000 100000 55000.00
Percent of total: 45.46% 42.86% 45.45%SERVICE & EQUIPMENT
Accounting 2000 2000 4000 2000.00
Legal 5000 5000 10000 5000.00
Utilities 15000 15000 30000 15000.00
Telephone/FAX 5000 5000 10000 5000.00
Equipment purchases 5000 5000 10000 5000.00
Rent & maintenance 4000 4000 8000 4000.00
TAX
Other 4000 4000 8000 4000.00
Total S&E expenses: 40000 40000 80000 40000.00
PRERPARED BY
SiGNED BY
WAQAS AKRAM ABBASI
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8/11/2019 Budget Waqas Akram Abbasi (345-9589238 Calculator
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0 500000 1000000
1
2
3
Total expenses
0 5000 100
Interest earned
Fees
Commissions
Rent
Royalties
Other
0 2000 400
Salaries and wages
Commissions
Advertising
Delivery
Shipping
Travel
Other
Travel & entertainment
Postage
Furnishings
Contributions
Other
1000000
1020000
1040000
1060000
1080000
BUDGETED Flexiible ACTUAL
Total income:
0
10000
20000
30000
40000
BUDGETED flexible ACTUAL
Total sales expenses:
80000
100000
Total admin. expenses:
0
200000
400000
600000
800000
1000000
1200000
BUDGTED FLEXIABLE ACTUAL
Total income Total expenses
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8/11/2019 Budget Waqas Akram Abbasi (345-9589238 Calculator
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S
0 5000
Salaries
Employee benefits
Payroll taxes
Insurance
Loans
Office supplies
0 10000 20
Accounting
Legal
Utilities
Telephone/FAX
Equipment
Rent &
TAX
Other
0
20000
40000
60000
BUDGETED flexible ACTUAL
0
20000
40000
60000
80000
BUDGETED flexible ACTUAL
Total S&E expenses:
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8/11/2019 Budget Waqas Akram Abbasi (345-9589238 Calculator
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1500000
Total income
00 15000 20000
6000 8000 10000
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8/11/2019 Budget Waqas Akram Abbasi (345-9589238 Calculator
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10000 15000 20000
000 30000
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8/11/2019 Budget Waqas Akram Abbasi (345-9589238 Calculator
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1E+07
commission applied o SLAB CommissionRate
sales Commission
10000000 100,000 0.00% 100000 0
500,000 1.00% 500000 5000 1
####### 1.50% 1000000 15000 1
####### 3.00% 2000000 60000 1
Above 5.00% 1.6E+07 806500 3
- 2E+07 886500 ####
- 2000
73875 Total
SLAB SLAB Tax Rate TAX per Annum
400000 0.00% 0
400001 750000 5.00% 0
750001 1400000 10.00% 0
1400001 1500000 12.50% 187500
1500001 1800000 15.00% 0
1800001 2500000 17.50% 0
2500001 3000000 20.00% 0
3000001 3500000 22.50% 0
3500001 4000000 25.00% 0
4000001 7000000 27.50% 0
7000001 Above 35.00% 0
187500
Number of units for fle
Description
item
Fixed cost
Insurance
total variable cost
Nature
Variable Cost
Indirect labour
Indirect Material
power
variance
Total
Commission calculated for the amount
commission calculator
Net Commission
Tax Calculator
Amount 1500000
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8/11/2019 Budget Waqas Akram Abbasi (345-9589238 Calculator
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Static budgted actual
1000 2000
Actual
1000 3000 1.5
1000 3000 1.5
1000 2000 1
3000 8000 4
12000
14000 1950
17000 21950
ible budget 12000
ariance Calculator
fav/unfav( ) due to change in activity Poor()/good cost contro
12000
36000
14000
12000
flexiable
12000
12000
50000
(33000.00) 28050.00