| Sales and Profit Budgets variance report: |
| PROFIT BUDGET |
Allocated Qtr. 1 |
Actual Qtr. 1 |
| Revenue |
|
|
| Sales |
|
|
| – Cost of goods sold |
|
|
| Gross Profit |
|
|
| Expenses |
|
|
| – Interest Expense |
|
|
| – Depreciation expenses |
|
|
| – Insurance expenses |
|
|
| – Advertising |
|
|
| – Cleaning, Repairs & Maintenance |
|
|
| – Cleaning and maintenance labour charge |
|
|
| – Rent |
|
|
| – Website marketing expenses |
|
|
| – Electricity Expense |
|
|
| – Fringe Benefits Tax |
|
|
| – Discount provided |
|
|
| – Wages & Salaries |
|
|
| – Superannuation |
|
|
| – Workers’ Compensation |
|
|
| Total Expenses |
|
|
| Net Profit (Before Tax) |
|
|
| Income Tax |
|
|
| Net Profit |
|
|