Income Statement Summary

[42]
Sales Revenue $29,502
Fixed Costs $15,000
Variable Costs $8,627
Total Costs $23,627
Total Profit $5,875
Profit Margin 20%
Profit & Loss Analysis Our Company

[42]
Sales Revenue $29,502
Fixed Costs
Advertising $1,000
Accounting, Legal $200
Depreciation $600
Interest Expense $1,200
Insurance $1,500
Manufacturing Overhead $2,000
Allocated Staf $5,500
Allocated Rent $2,200
Allocated Utilities $800
Total Fixed Costs $15,000

Variable Costs
Variable Costs
Manufacturing Cost $7,152
Sales Commission $1,475
Total Variable Cost $8,627

Total Costs $23,627

Total Profit $5,875
Profit Margin 20%
Assumptions

8,940 Units sold

$3.30 Sales price per unit
$0.80 Cost per unit
5% Comission