Need to be formulas used not just type in the numbers
Individual Excel Spreadsheet Project Campanile Caf Inputs Sheet 2022 (Projected) Quarter 2 Quarter 3 2023 (Projected) Quarter 1 Quarter 2 Quarter 1 Quarter 4 Sales Cups of Hot Coffee Selling Price per Cup 7,200 6,300 8,100 9,4501 7,650 9,000 3.00 $ 8,100 7,200 6,300 Cups of Cold Brew Selling Price per Cup 9,000 4,950 4.50 5,400 Collections Quarter of Sale Quarter after Sale 85% 15% Finished Goods Inventory Ending FG Inventory Requirement Ending FG Inventory Units (December 31, 2021) 0% of next quarter's sales 0 units (total cups) $ Raw Materials Inventory Raw Materials (coffee beans) Required per Cup Raw Materials Cost per Ounce Ending RM Inventory Requirement Ending RM Inventory Units (December 31, 2021) Paid in Quarter of Purchase Paid in Following Quarter ounces 0.04 per ounce 30% of next quarter's production needs 12,555 ounces 90% 10% Direct Labor Labor Required per Cup Labor Cost per Hour 0.06 hours 15.00 per hour $ Manufacturing Overhead Variable Fixed Noncash Fixed (included in above) $ $ $ 0.70 per cup 10,000 per quarter 600 per quarter Selling & Administrative Expenses Variable Fixed Noncash Fixed (included in above) $ $ $ 0.85 per cup 2,000 per quarter 400 per quarter Cash Minimum Cash Balance Note Payable as of December 31, Interest Payable as of December 31, 2021 $ $ $ 10,000 20,000 to be paid January 2,000 to be paid January 1, 2022 Other Store Improvement Payment Store Improvement Payment $ $ 2,600 in March (1st Quarter) 1,800 in April (2nd Quarter) Individual Excel Spreadsheet Project Campanile Caf Balance Sheet Balance Sheet as of December 31, 2021 Assets Liabilities and Equities Cash $ 60,000 Accounts Payable $ Accounts Receivable $ 14,300 Notes Payable $ Raw Materials Inventory $ 502 Interest Payable $ Finished Goods Inventory Common Stock $ Property, Plant and Equipment, net $ 88,000 Retained Earnings $ Total Assets $ 162,802 Total Liabilities and Equities $ A A A A A 180 20,000 2,000 80,000 60,622 162,802 $ Individual Excel Spreadsheet Project Campanile Caf Raw Materials, Direct Labor, and Overhead Raw Materials Budget 2022 Quarter 3 2023 Quarter 1 Quarter 1 Quarter 2 Quarter 4 Total Units Produced (Total Cups) RM Ounces Required per Unit Total RM Ounces Used for Production Plus: Desired RM Ending Inventory Total Ounces Required Less: RM Beginning Inventory Raw Material Purchases (Ounces) Cost per Ounce Raw Material Purchases (Cost) Direct Labor Budget 2022 Quarter 3 Quarter 1 Quarter 2 Quarter 4 Total Units Produced (Total Cups) Labor Hours per Unit Total Labor Hours Required Rate per Labor Hour Direct Labor Cost Manufacturing Overhead Budget 2022 Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total Units Produced (Total Cups) Variable Overhead Rate per Unit Total Variable Overhead Cost Fixed Overhead Total Overhead Expense Noncash Overhead Expenses Overhead Cash Disbursements Product Cost Per Unit Direct Materials Cost per Unit Direct Labor Cost per Unit Variable Overhead Cost per Unit Total Product Cost per Unit (variable costing) Individual Excel Spreadsheet Project Campanile Caf Inputs Sheet 2022 (Projected) Quarter 2 Quarter 3 2023 (Projected) Quarter 1 Quarter 2 Quarter 1 Quarter 4 Sales Cups of Hot Coffee Selling Price per Cup 7,200 6,300 8,100 9,4501 7,650 9,000 3.00 $ 8,100 7,200 6,300 Cups of Cold Brew Selling Price per Cup 9,000 4,950 4.50 5,400 Collections Quarter of Sale Quarter after Sale 85% 15% Finished Goods Inventory Ending FG Inventory Requirement Ending FG Inventory Units (December 31, 2021) 0% of next quarter's sales 0 units (total cups) $ Raw Materials Inventory Raw Materials (coffee beans) Required per Cup Raw Materials Cost per Ounce Ending RM Inventory Requirement Ending RM Inventory Units (December 31, 2021) Paid in Quarter of Purchase Paid in Following Quarter ounces 0.04 per ounce 30% of next quarter's production needs 12,555 ounces 90% 10% Direct Labor Labor Required per Cup Labor Cost per Hour 0.06 hours 15.00 per hour $ Manufacturing Overhead Variable Fixed Noncash Fixed (included in above) $ $ $ 0.70 per cup 10,000 per quarter 600 per quarter Selling & Administrative Expenses Variable Fixed Noncash Fixed (included in above) $ $ $ 0.85 per cup 2,000 per quarter 400 per quarter Cash Minimum Cash Balance Note Payable as of December 31, Interest Payable as of December 31, 2021 $ $ $ 10,000 20,000 to be paid January 2,000 to be paid January 1, 2022 Other Store Improvement Payment Store Improvement Payment $ $ 2,600 in March (1st Quarter) 1,800 in April (2nd Quarter) Individual Excel Spreadsheet Project Campanile Caf Balance Sheet Balance Sheet as of December 31, 2021 Assets Liabilities and Equities Cash $ 60,000 Accounts Payable $ Accounts Receivable $ 14,300 Notes Payable $ Raw Materials Inventory $ 502 Interest Payable $ Finished Goods Inventory Common Stock $ Property, Plant and Equipment, net $ 88,000 Retained Earnings $ Total Assets $ 162,802 Total Liabilities and Equities $ A A A A A 180 20,000 2,000 80,000 60,622 162,802 $ Individual Excel Spreadsheet Project Campanile Caf Raw Materials, Direct Labor, and Overhead Raw Materials Budget 2022 Quarter 3 2023 Quarter 1 Quarter 1 Quarter 2 Quarter 4 Total Units Produced (Total Cups) RM Ounces Required per Unit Total RM Ounces Used for Production Plus: Desired RM Ending Inventory Total Ounces Required Less: RM Beginning Inventory Raw Material Purchases (Ounces) Cost per Ounce Raw Material Purchases (Cost) Direct Labor Budget 2022 Quarter 3 Quarter 1 Quarter 2 Quarter 4 Total Units Produced (Total Cups) Labor Hours per Unit Total Labor Hours Required Rate per Labor Hour Direct Labor Cost Manufacturing Overhead Budget 2022 Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total Units Produced (Total Cups) Variable Overhead Rate per Unit Total Variable Overhead Cost Fixed Overhead Total Overhead Expense Noncash Overhead Expenses Overhead Cash Disbursements Product Cost Per Unit Direct Materials Cost per Unit Direct Labor Cost per Unit Variable Overhead Cost per Unit Total Product Cost per Unit (variable costing)
