Rochester Landscaping Company Very seasonal operations

Calendar Year entity Expecting significant growth in $2024$

Balance Sheet $-$ Beginning

ASSETS:

Cash $$10,000\mathrm{.}00$

Accounts Receivable $$-$

Total Assets $$10,000\mathrm{.}00$

LIABILITIES:

Accounts Payable $$2,000\mathrm{.}00$

SHAREHOLDER'S EQUITY

Common Stock $$1,000\mathrm{.}00$

Retained Earnings $$7,000\mathrm{.}00$

Total Liabilities & S$/$H Equity $$10,000\mathrm{.}00$

$2024$

Annual budget

Amounts Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec

Sales Budget:

$4$ Sources of Revenue:

Design all in first $4$ months of the year $$140,000\mathrm{.}0015\%20\%35\%30\%0\%0\%0\%0\%0\%0\%0\%0\%100\%$

Warranty$/$Repairs predictably similar each month $$360,000\mathrm{.}008\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%100\%$

Landscaping installation Very seasonal $$1,000,000\mathrm{.}000\%0\%0\%0\%8\%16\%18\%25\%21\%12\%0\%0\%100\%$

Lawn and leaf service Very seasonal $$400,000\mathrm{.}000\%0\%0\%0\%8\%16\%18\%25\%21\%6\%6\%0\%100\%$

Total budget for Sales $$1,900,000\mathrm{.}00$

Variable Expenses:

Direct job materials for Landscaping $20\%$ of income from Installations $$200,000\mathrm{.}000\%10\%15\%20\%25\%10\%10\%10\%0\%0\%0\%0\%100\%$

Direct Labor for Landscaping $25\%$ of income from Installations $$250,000\mathrm{.}000\%0\%0\%10\%10\%20\%20\%20\%15\%5\%0\%0\%100\%$

Payroll taxes and Fringe Benefits on DL $10\%$ of the transient DL expense $0\%0\%0\%10\%10\%20\%20\%20\%15\%5\%0\%0\%100\%$

All equipment is leased $($so no Deprec$)$

Equipment leases $$114,000\mathrm{.}000\%0\%0\%5\%11\%14\%20\%25\%13\%12\%0\%0\%100\%$

Fuel and maintenance $$24,000\mathrm{.}000\%0\%0\%5\%11\%14\%20\%25\%13\%12\%0\%0\%100\%$

Permits $$30,000\mathrm{.}007\%7\%7\%7\%14\%14\%14\%7\%7\%7\%5\%4\%100\%$

Total Variable Expenses $$618,000\mathrm{.}00$

Fixed Expenses Similar each month:

Advertising $$24,000\mathrm{.}008\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%100\%$

Bank charges $$1,200\mathrm{.}008\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%100\%$

Dues and Subscriptions $$12,000\mathrm{.}008\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%100\%$

Insurances $$24,000\mathrm{.}008\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%100\%$

Legal and Professional Fees $$24,000\mathrm{.}008\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%100\%$

Meals & Entertainment $$20,000\mathrm{.}008\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%100\%$

Office & Postage $$20,000\mathrm{.}008\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%100\%$

Rental of office $$60,000\mathrm{.}008\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%8\mathrm{.}3333\%100\%$

Utilities and Telephone $