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can you help me answer this question.....Was the money spent properly in this budget? Please help me Explain :) 2019 Full year 2020 YTD (8
can you help me answer this question.....Was the money spent properly in this budget? Please help me Explain :)
2019 Full year | 2020 YTD (8 months) | ||
Income | |||
Duct Work | $150,000 | $78,000 | |
Mold Work | $387,000 | $201,240 | |
Water Jobs | $75,000 | $39,000 | |
Total Income | $612,000 | $318,240 | |
Cost of Goods Sold | |||
Direct Cost - Labor | $2,558 | $55,592 | |
Direct Cost - Subcontractors | $394,243 | $37,547 | |
Direct Cost - Supplies & Materials | $29,476 | $19,379 | |
Total Cost of Goods Sold | $426,277 | $112,517 | |
Gross Profit | $185,723 | $205,723 | |
Expenses | |||
Advertising & Promotional | $5,889 | $7,199 | |
Amortization | $1,100 | $- | |
Auto & truck expenses | $680 | $- | |
Fuel | $9,078 | $6,018 | |
Repair & Maintenance | $4,155 | $5,119 | |
Total Auto & truck expenses | $13,913 | $11,136 | |
Bank Charges | $241 | $1,145 | |
Computer Software | $1,801 | $1,730 | |
Continuing Education | $581 | $303 | |
Disposal Fees | $32 | $200 | |
Dues & Subscriptions | $17 | $262 | |
Insurance | $6,381 | $4,309 | |
Insurance - Liability | $2,853 | $3,810 | |
Insurance-Auto & W/C | $1,628 | $1,628 | |
Interest Expense | $4,079 | $7,915 | |
Lab Fees | $4,224 | $3,490 | |
Legal & Professional Fees | $8,191 | $5,152 |
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