Lexie's Wool Sweaters
Balance Sheet
As of September 30, 2020
ASSETS			LIABILITIES & EQUITIES
Cash	$ 150,000.00		Accounts Payable	$ 14,500.00
Accounts Receivable	$ 75,000.00		Notes Payable	$ -
Raw Materials Inventory	$ 28,929.60		Interest Payable	$ -
Finished Goods Inventory	$ 61,125.00		TOTAL LIABILITIES	$ 14,500.00
PP&E, net	$ 487,000.00		Retained Earnings	$ 787,554.60
TOTAL ASSETS	$ 802,054.60		TOTAL LIABILITIES & EQUITY	$ 802,054.60

Finished Goods Inventory Cost per Unit
	Per Unit (Sweater)
Direct Material (wool & other materials)
Direct Labor
Variable Overhead
TOTAL FG INVENTORY COST PER UNIT

Sales Budget
	2020
	October	November	December	QUARTER
Unit Sales
Selling Price per Unit
TOTAL SALES

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