Quarterly Budget Analysis January 30, 2008 XYZ Manufacturing, Inc. For the Quarter Ending: 03/31/06 This Quarter Year-to-Date Budget Item Budget Actual Variance Budget Actual Variance Sales Revenue $500,000 $550,000 $50,000 $1,000,000 $1,200,000 $200,000 Cost of sales 300,000 320,000 20,000 600,000 640,000 40,000 Gross Profits $200,000 $230,000 $30,000 $400,000 $560,000 $160,000 Variable Expenses Selling Expenses $100,000 $120,000 $20,000 $200,000 $240,000 $40,000 Inspection 10,000 8,000 (2,000) 20,000 16,000 (4,000) Total Variable Expenses $110,000 $128,000 $18,000 $220,000 $256,000 $36,000 Fixed Expenses Rent $60,000 $70,000 $10,000 $120,000 $150,000 $30,000 Depreciation 20,000 19,000 (1,000) 40,000 38,000 (2,000) Total Fixed Expenses $80,000 $89,000 $9,000 $160,000 $188,000 $28,000 Income From Operations $10,000 $13,000 $3,000 $20,000 $116,000 $96,000 Interest Income 2,000 3,000 1,000 4,000 6,000 2,000 Interest Expense 1,000 1,500 500 2,000 3,000 1,000 Net Income Before Taxes $7,000 $8,500 $1,500 $14,000 $107,000 $93,000 Taxes 2,000 1,500 (500) 4,000 3,000 (1,000) Net Income After Taxes $5,000 $7,000 $2,000 $10,000 $104,000 $94,000 Non-Income Statement Items Loan Repayments 14,000 13,000 (1,000) 28,000 26,000 (2,000) Owner Withdrawals (or dividends) 20,000 25,000 5,000 20,000 25,000 5,000 Fixed Asset Expenditures 100,000 90,000 (10,000) 100,000 90,000 (10,000) © Copyright, 2006, Jaxworks, All Rights Reserved.JaxWorks Small Business Spreadsheet Factory Since 1996, JaxWorks has offered a suite of Free Excel workbooks and spreadsheets, and associated HTML documents, that cover a number of financial, accounting and sales functions. These are Also included Free are: -business plan tools, including spreadsheets and excellent instructions -Excel functions glossary and guide; -free training courses for most Microsoft Office applications. These guides are in PDF format and rival commercial books! -comprehensive list of acronyms, ratios and formulas in customer financial analysis, and financial terms; -suite of online calculators, including, breakeven analysis, productivity analysis, business evaluation; -Altman Z-Score (covering publicly and privately held firms, and small businesses); -and payroll analysis. If you are involved in financial analysis at any level, or want to learn more about MS Excel and suite this site is invaluable. Spreadsheet Factory spreadsheets, and associated MS Word, PDF and sales functions. These are invaluable small business tools. guides are in productivity analysis, more about MS Excel and other applications in the Office