Schedule 1

COZY CAMP.COM
Sales Budget
For the Year Ending December 31, 20x2

Ahmad Fauzi 120310120019

Adri Shadiq Fauzan 12031120120
Romario Feriz Triadi 120310120xxx
Amirullah Mahattama Dhaniputra 120310120145
Quarter

1
Sales in Unit
Unit Sales Price
Total sales Revenue

8000
$225
$1,800,000

14000
$225
$3,150,000

17000
$225
$3,825,000

Year

11000
$225
$2,475,000

50000
$225
$11,250,000

Schedule 2
COZY CAMP.COM
Production Budget
For the Year Ending December 31, 20x2

1
8000

Quarter
2
14000

3
17000

4 Year
11000

Sales in Unit
Add desired Ending
Inventory if Finished goods
Total Unit Required
Less Expected Beginning
Inventory if Finished goods

1400
9400
800

1400

1700

1100

800

Unit to be produced

8600

14300

16400

10700

50000

1700
15700

1100
18100

800
11800

50000
800
50800

Schedule 3
COZY CAMP.COM
Direct Material Budget
For the Year Ending December 31, 20x2

Tent fabric :
Tent to be produced
Raw material required per unit (yards)
Production (yards)
Add desired ending inventory of raw material (yards)
Total raw material required
Less expected beginning inventory of raw material (yards)
Raw material to be purchased (yards)
Cost per yards
Total cost of tent fabric purchased
Tent poles
Tent to be produced
Tents pole kits required per tents
Tents pole kits to be purchased
Cost per tents pole kits
Total cost of tent pole kit purchased
Total cost raw material purchased (fabric and poles)

x
x

1
8600
12
103200
17160
120360
10320
110040
$9
$990,360

8600
1
8600
$20
$172,000
$1,162,360

Quarter
2
14300
12
171600
19680
191280
17160
174120
$9
$1,567,080

3
16400
12
196800
12840
209640
19680
189960
$9
$1,709,640

4 Year
10700
50000
12
12
128400
600000
10320
10320
138720
610320
12840
10320
125880
600000
$9
$9
$1,132,920
$5,400,000

14300
1
14300
$20
$286,000
$1,853,080

16400
1
16400
$20
$328,000
$2,037,640

10700
1
10700
$20
$214,000
$1,346,920

50000
1
50000
$20
$1,000,000
$6,400,000

Schedule 4
COZY CAMP.COM
Direct-Labor Budget
For the Year Ending December 31, 20x2

Unit to be produced
Direct labor required per unit (hours)
Total direct labor hours required
Direct labor cost per hour
Total direct labor cost
Schedule 5

x
x

1
8600
0.5
4300
$15
$64,500

Quarter
2
14300
0.5
7150
$15
$107,250

3
16400
0.5
8200
$15
$123,000

4 Year
10700
0.5
5350
$15
$80,250

50000
0.5
25000
$15
$375,000

COZY CAMP.COM
Direct-Labor Budget
For the Year Ending December 31, 20x2

Quarter
2

4 Year

Unit level costs

Unit
Indirect material
Electricity (for machinery)
Total unit level cost

8600
$25,800
$8,600
$34,400

14300
$42,900
$14,300
$57,200

16400
$49,200
$16,400
$65,600

10700
$32,100
$10,700
$42,800

50000
$150,000
$50,000
$200,000

Batch-level cost
Production runs
Setup
Purchasing and material handling
Quality Control and Inspection
Total batch-level cost

17
$6,800
10200
8500
$25,500

29
$11,600
17400
14500
$43,500

33
$13,200
19800
16500
$49,500

21
$8,400
12600
10500
$31,500

100
$40,000
60000
50000
$150,000

1
$1,200
$1,200

1
$1,200
$1,200

1
$1,200
$1,200

1
$1,200
$1,200

4
$4,800
$4,800

Facility and general operation level cost

Supervisory salaries
Insurance and property taxs
Maintenance
Utilities
Depreciation
Total facility and general operations-level costs

$52,500
11300
47500
40000
110000
$261,300

$52,500
11300
47500
40000
110000
$261,300

$52,500
11300
47500
40000
110000
$261,300

$52,500
11300
47500
40000
110000
$261,300

Total overhead
Less Depreciation
Total cash disbursemen's for overhead

$322,400
110000
$212,400

$363,200
110000
$253,200

$377,600
110000
$267,600

$336,800
110000
$226,800

Product level cost

New tent design
Design engineering
Total product level cost

$3
$1

500 /batch
$400 /batch
600 /batch
500 /batch

$210,000
$45,200
$190,000
$160,000
$440,000
$1,045,200
$1,400,000
440000
$960,000

Schedule 6
COZY CAMP.COM
Direct-Labor Budget
For the Year Ending December 31, 20x2

Quarter
2

4 Year

unit level expenses :

Unit
Sales commissions (traditional market)
Total unit-level Expenses

8000
$10,000
$10,000

14000
$17,500
$17,500

17000
$21,250
$21,250

11000
$13,750
$13,750

50000
$62,500
$62,500

customer level expenses

Sales personal salaries (traditonal Market)
Computer operator salaries
Telephone operator salaries
Total Customer-level expenses

16000
18000
6000
$40,000

16000
18000
6000
$40,000

16000
18000
6000
$40,000

16000
18000
6000
$40,000

(in $)
64000
72000
24000
$160,000

15000
61000
220000
296000
$346,000

15000
61000
220000
296000
$353,500

15000
61000
220000
296000
$357,250

15000
61000
220000
296000
$349,750

60000
244000
880000
1184000
$1,406,500

Facility and general operations-level expenses

Sales Manager's salary
Media advertising
Administrasi salaries
Total facility and general operations-level expenses
Total Expenses
Schedule 7

COZY CAMP.COM
Cash Receipts Budget
For the Year Ending December 31, 20x2

$1.25

Sales Revenue (schedule 1)

Collections in quarter of sale (80% of revenue)
Collections in quarter following sale (18% of prior quarter revenue)
Total cash Receipts
*two percent of each quarter's sale are expected to be uncollectible, as follows:

1
$1,800,000
1440000
445500
$1,885,500

1
Uncollectible accounts
$36,000
The revenue in the prior quarter (i.e., the 4th quarter of 20x1) is assumed to be $2250000 therefore, the 405000 is 18% of 2250000

Quarter
2
$3,150,000
2520000
324000
$2,844,000

3
$3,825,000
3060000
567000
$3,627,000

Quarter
2
$63,000

3
$76,500

1st Quarter
Total Revenue ......................................................................

4 Year
$2,475,000
$11,250,000
1980000
9000000
688500
2025000
$2,668,500
$11,025,000

4 Year
$49,500

$225,000

80%
18%

2%

2nd Quarter
$3.375.000
$3.375.000

$3.375.000

Collections in quarter of sale (80% of sales) ..........................

x
x 80%
80%

$2700000
$2700000
Collections in quarter following sale (18% of sales) ..............

x
x 18%
18%
$607500
$607500

$3307500

Total Cash Receipts ($2.700.000 + $607.500) ..........................

Schedule 8
COZY CAMP.COM
Cash Dibursements Budget
For the Year Ending December 31, 20x2

Cost of raw material purchases (from schedule 3)

Cash payment for purchases made during the quarter (60% of current quarter's purchases)
Cash payments for prior quarter's purchases (40% of prior quarter's purchases
Total cash payments for direct material purchases
Other cash disbursements
Direct Labor (Shedule 4)
Indirect material (schedule 5)
Electricity (schedule 5)
Setup (schedule 5)
Purchases and material handling (schedule 5)
Quality control and inspection (schedule 5)
Design engineering (schedule 5)
Supervisory salaries (schedule 5)
Insurance and property taxes (schedule 5)
Maintenance (shedule 5)
Utilities (schedule 5)
Sales commisions (schedule 6)
Sales personnel (6)
Computer operators (6)
Telephone operators (6)
Sales manager salary (6)
Media advertising (6)
Administration (6)
Total of other cash disbursements
Total cash disbursements

1
1162360
697416
538768
$1,236,184

Quarter
2
$1,853,080
1111848
464944
$1,576,792

3
$2,037,640
1222584
741232
$1,963,816

4 Year
$1,346,920
$6,400,000
808152
3840000
815056
2560000
$1,623,208
$6,400,000

$64,500
$25,500
$8,600
$6,800
10200
8500
$1,200
$52,500
11300
47500
40000
10000
16000
18000
6000
15000
61000
220000
$622,600
$1,858,784

$107,250
$43,500
$14,300
$11,600
17400
14500
$1,200
$52,500
11300
47500
40000
17500
16000
18000
6000
15000
61000
220000
$714,550
$2,291,342

$123,000
$49,500
$16,400
$13,200
19800
16500
$1,200
$52,500
11300
47500
40000
21250
16000
18000
6000
15000
61000
220000
$748,150
$2,711,966

$80,250
$31,500
$10,700
$8,400
12600
10500
$1,200
$52,500
11300
47500
40000
13750
16000
18000
6000
15000
61000
220000
$656,200
$2,279,408

1st Quarter
Total Purchases on account....................................................

$1.914.600

2nd Quarter
$1.807.400

$375,000
$150,000
$50,000
$40,000
60000
50000
$4,800
$210,000
45200
190000
160000
62500
64000
72000
24000
60000
244000
880000
$2,741,500
$9,141,500

60%
40%

$1.807.400

$1.914.600
Payments made during the same quarter as purchases
(60% of purchases) ..............................................................

x
x 60%
60%

$1.084.440
$1.084.440
Payments made during the quarter following purchases
(40% of purchases) ...............................................................

x 40%
$765840
$765840

$1.550.280
$1.550.280

Total ($1.084.440 + $765.840 ) ....................................................

Schedule 9
COZY CAMP.COM
Cash Budget
For the Year Ending December 31, 20x2

1
$1,885,500
$1,858,784
$26,716

Cash Receipts (shedule 7)

Less cash disbusements (8)
Change in cash balance during quarter due to operations
proceeds from bank loan(1/2/x2)
Payments for construction of plant addition
repayment of principal on bank loan (at the end of each quarter)
Interest on bank loan (at 10%/year)
Change in cash balance during the year
cash balance 1/1/x2
cash balance 12/31/x2
*interest computations

Quarter
2
$2,844,000
$2,291,342
$552,658

3
$3,627,000
$2,711,966
$915,034

$1,883,500
$10,000
$1,893,500

Unpaid Principal
Annual Interest
During the quarter
Rate
1st
$1,000,000
10%
2nd
$750,000
10%
3rd
$500,000
10%
4th
$250,000
10%
*Unpaid principal x Annual Interest rate x 1/4
Quarter

Total Absorption Cost Per Unit

Direct material, tent fabric ((12 yards x $9 per yard)
Direct material, tent poles ( 1 tent pole kit x $20 per kit)
Direct labor (0.5 hour x $15 per hour
Unit-level manufacturing overhead ($200.000/50.000 units)
Batch-level manufacturing overhead ($150.000/50.000units)
Product-level manufacturing overhead ($4.800/50.000units)
Facility-level manufacturing overhead ($1.045.200/50.000units)
Total Absorption cost per unit
Schedule 10
COZY CAMP.COM
Budgeted Schedule of Cost of Goods Manufacturing and Sold
For the Year Ending December 31, 20x2
Direct material (see schedule 3 for details):
Raw-material inventory,January 1
Add:Purchases of raw material
Raw material available for use
Deduct:Raw-material inventory,December 31
Direct material used
Direct labor (schedule 4)
Manufacturing overhead (schedule 5)

4 Year
$2,668,500
$11,025,000
$2,279,408
$9,141,500
$389,092
$1,883,500
$0

$92,880
$6,400,000
$6,492,880
($92,880)
$6,400,000
$375,000
$1,400,000

Portion of
year
1/4
1/4
1/4
1/4

Interest
Payment
$25,000
$18,750
$12,500
$6,250

$108.000
$20.000
$7.500
$4.000
$3.000
$0.096
$20.904
$163.500

12
1
0.5
$200,000
$150,000
$4,800
$1,045,200

$9
$20
$15
50000
50000
50000
50000

Total manufacturing cost

Add:Work-in process inventory,January 1
Subtotal
Deduct:Work in process inventory,December 31
Cost of goods manufactured
Add:Finished goods inventory,January 1
Cost of goods available for sale
Deduct:Finished goods inventory,December 31
Cost of goods sold

$8,175,000
$0
$8,175,000
$0
$8,175,000
$130,800
$8,305,800
($130,800)
$8,175,000

Schedule 11
COZY CAMP.COM
Budgeted Income Statement
For the Year Ending December 31, 20x2
Sales revenue (schedule 1)
Less:Cost of goods sold (schedule 10)
Gross margin
Other expenses:
Selling,general and administrative expenses (schedule 6)
Uncollectible accounts expenses (schedule 7:2% x $11.250.000)
Interest expenses (schedule 9)
Total manufacturing cost
Net income

$11,250,000
($8,175,000)
$3,075,000
$1,406,500
$225,000
$62,500
($1,694,000)
$1,381,000

Schedule 12
COZY CAMP.COM
Budgeted Statement of Cash Flows
For the Year Ending December 31, 20x2
Cash flows from operating activities:
Cash receipts from customers
Cash Payments
To supplier of raw material
For direct labor
For manufacturing overhead expenditures
For Selling,general and administrative expenses
For interest
Total cash payments
Net cash flow operating activities
Cash flows from operating activities:
Construction of building addition
Net cash used by investing activities
Cash flows from financing activities:
Principle of bank loan
Repayment of bank loan
Net cash provided by financing activities
Net increase in cash and cash equivalents
Balance in cash and cash equivalents,beginning of year
Balance in cash and cash equivalents,end of year

$11,025,000
$6,400,000
$375,000
$960,000
$1,406,500
$62,500
($9,204,000)
$1,821,000
$0
$0
$0
$0
$0
$1,821,000
$10,000
$1,831,000

Schedule 13
COZY CAMP.COM
Balance Sheet
For the Year Ending December 31, 20x1
Assets
Current assets:
Cash
Accounts receivable (net of allowance of uncollectible accounts)
Inventory:
Raw material
Finished goods
Supplies
Total inventory
Total current assets
Long lived assets

$10,000
$445,500
$92,880
$130,800
$42,000
$265,680
$721,180

Building
Equipment
Less accumulated depreciation on building and equipment
Building and equipment,net of accumulated depreciation
Total assets
Liabilities and Owner's Equity
Current liabilities:
Accounts payable
Total current liabilities
Long term liabilities:
Note payable (non interest bearing;due on December 31,20x4)
Total liabilities
Owner's equity
Total liabilities and owner's equity

$8,200,000
$2,280,000
($1,883,550)
$8,596,450
$9,317,630

$538,768
$538,768
$4,100,000
$4,638,768
$4,628,720
$9,267,488

COZY CAMP.COM
Budgeted Balance Sheet
December 31, 20x2
Assets
Current assets:
Cash (schedule 9)
Accounts receivable (net allowance for uncollectible accounts)
Inventory:
Raw material (schedule 10)
Finished goods (schedule 10)
Supplies
Total inventory
Total current assets
Long lived assetes:
Building
Equipment
Less accumulated depreciation on building and equipment
Building and equipment,net of accumulated depreciation
Total assets
Liabilities and Owner's Equity
Current liabilities:
Accounts payable
Total current liabilities
Long term liabilities:
Note payable (non interest bearing;due on December 31,20x4)
Total liabilities
Owner's equity
Total liabilities and owner's equity

$1,893,500
$445,500
$92,880
$130,800
$42,000
$265,680
$711,180
$8,200,000
$2,280,000
($2,323,550)
$8,156,450
$8,867,630

$538,768
$538,768
$4,100,000
$4,638,768
$6,009,720
$10,648,488