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i need help finding my break even sales for my business plan i need help finding break even sales for my business plan Fixed Costs
i need help finding my break even sales for my business plan
i need help finding break even sales for my business plan
Fixed Costs (5) Variable Costs (%) 58.0% Cost Description Variable Costs Cost of Goods Sold Inventory Raw Materials Direct Labor (Includes Payroll Taxes) $ $ 40,000 7,000 22.0% $ $ $ $ $ $ 19,000 800 1,500 1,000 900 Fixed Costs Salaries includes payroll taxes) Supplies Repairs & maintenance Advertising Car, delivery and travel Accounting and legal Rent Telephone Utilities Insurance Taxes (Real estate, etc.) Interest Depreciation Other (specify) Other (specify) Miscellaneous expenses Principal portion of debt payment Owner's draw 7.700 400 $ $ $ $ $ $ $ $ $ $ $ 500 500 4,000 Total Fixed Costs $ 36,300 Total Variable Costs 80% Breakeven Sales level = 181500 Beginning as of January 19, 2021 Projected As of July 19, 2021 Assets $ 400,000 $ 280,500 Current Assets Cash in bank Accounts receivable Inventory Prepaid expenses Other current assets Total Current Assets 4,000 900 $ 404.900 $ 280,500 $ $ 4,000 4,000 Fixed Assets Machinery & equipment Furniture & fixtures Leasehold improvements Land & buildings Other fixed assets (LESS accumulate Total Fixed Assets (net of 45,000 "!!! $ 53,000 $ $ $ Other Assets Intangibles Deposits Goodwill Other Total Other Assets TOTAL Assets $ $ S 457.900 $ 280,500 $ $ Liabilities and Equity Current Liabilities Accounts payable Interest payable Taxes payable Notes, short-term (due within Current part, long-term debt Other current liabilities Total Current Liabilities ... 8,000 4,000 $ 8000 $ 4000 $ 8,000 $ 4.000 Long-term Debt Bank loans payable Notes payable to stockholders LESS: Short-term portion Other long term debt Total Long-term Debt Total Liabilities (8,000) (4,000) $ S S 8.000 S 4.000 S $ Owners' Equity Invested capital Retained earnings - beginning Retained earnings - current Total Owners' Equity Total Liabilities & Equity s $ 8.000 4.000 Step by Step Solution
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