Budget for the Period.

(=0569577693)iamwaqasabbasi@gmail.com
SUMMARY
Total income
Total expenses
Income less expenses:

static

flexible

BUDGTED

FLEXIABLE

ACTUAL

1035000
1956000 1956000
505000 1120504.03 1210000
530000 835495.97 746000

INCOME DETAILS
Sales
Interest earned
Fees
Commissions
Rent
Royalties
Other
Total income:

BUDGETED

EXPENSE DETAILS

BUDGETED

purchases
Salaries and wages
Commissions
Advertising
Delivery
Shipping
Travel
Other
Total selling expenses:
Percent of total:
ADMINISTRATIVE
Salaries
Employee benefits
Payroll taxes
Insurance
Loans
Office supplies
Travel & entertainment
Postage
Furnishings

actual

1000000
5000
5000
10000
5000
5000
5000
1035000

921000.00
89495.97
216000.00

ACTUAL OVER BUDGET

1925000 1925000
925000.00
5000
5000
5000
5000
10000
10000
5000
2000
5000
5000
5000
4000
1960000 1956000
921000.00

ACTUAL

400000 954376.8116 1000000

2000
4000
4000
2000
5000
4000
2000
3058.28
4000
5000
7645.7
10000
5000
7645.7
10000
2000
3058.28
4000
2000
3058.28
4000
420000 987843.0516 1040000
83.17%
88.16% 85.95%
2000
5000
1000
1000
5000
5000
1000
9000
8000

OVER BUDGET

5000
12000
3000
2000
15000
7645.7
1529.14
13762.26
1500

4000
10000
2000
2000
10000
10000
2000
18000
16000

OVER BUDGET

941.72
2354.30
2354.30
941.72
941.72
52156.95

2354.30
470.86
4237.74
14500.00

Contributions
Other
Total admin. expenses:
Percent of total:
SERVICE & EQUIPMENT
Accounting
Legal
Utilities
Telephone/FAX
Equipment purchases
Rent & maintenance
TAX
Other
Total S&E expenses:
PRERPARED
SiGNEDBY

4000

4000

8000

4000.00

4000
45000
8.91%

6116.56
71553.66
6.39%

8000
90000
7.44%

1883.44
18446.34

2000
5000
15000
5000
5000
4000

3000
7645.7
22937.1
7645.7
7645.7
6116.56

4000
10000
30000
10000
10000
8000

1000.00
2354.30
7062.90
2354.30
2354.30
1883.44

4000
40000

6116.56
61107.32

8000
80000

1883.44
18892.68
WAQAS AKRAM ABBASI

2000000

Total income

Total expenses
Total

1800000

ail.com

1600000
3

1400000
UNDER BUDGET

1200000
1000000

800000
600000

400000
200000

UNDER BUDGET

BUDGTED

FLEXIABLE

2000000

(1000.00)

1500000

Rent
Commissions
Fees

500000

Interest earned

0
BUDGETED

ACTUAL

Total selling expenses:

(1000.00)

Other
Royalties

1000000

UNDER BUDGET

10

ACTUAL

Total income:
(3000.00)

500000

0
Other
Travel
Shipping

1500000

Delivery

1000000

Advertising

500000

Commissions
Salaries and wages

0
BUDGETED
(1000.00)
(2000.00)
(1000.00)
(5000.00)

ACTUAL

Total admin. expenses:

100000
80000
60000
40000
20000
0

Othe

Contribution
Furnishing
Postag
Travel & entertainmen
Office supplie
Loan
Insuranc
Payroll taxe
Employee benefit
Salarie

WAQAS AKRAM ABBASI

Postag
Travel & entertainmen
Office supplie
Loan
Insuranc
Payroll taxe
Employee benefit
Salarie

100000
80000
60000
40000
20000
0
BUDGETED

ACTUAL

Total S&E expenses:

Other
TAX
Rent & maintenance

80000

Equipment purchases

60000

Telephone/FAX

40000

Utilities

20000

Legal
Accounting

0
BUDGETED

ACTUAL
S

Total income

Total expenses

1
0

500000

1000000

1500000 2000000

Other
Royalties
Rent
Commissions
Fees
Interest earned
0

2000

4000

6000

8000 10000

Other
Travel
Shipping
Delivery
Advertising
Commissions
Salaries and wages
0

2000 4000 6000 8000 10000

Other
Contributions
Furnishings
Postage
Travel & entertainment
Office supplies
Loans
Insurance
Payroll taxes
Employee benefits
Salaries
0

5000 10000 15000 20000

Postage
Travel & entertainment
Office supplies
Loans
Insurance
Payroll taxes
Employee benefits
Salaries
0

5000 10000 15000 20000

Other
TAX
Rent & maintenance
Equipment purchases
Telephone/FAX
Utilities
Legal
Accounting
0

10000

20000

30000

commission calculator
Commission calculated for the amount
commission applied on

SLAB

Commission Rate

sales

10000000
Commission

Number of units for flexible budget

Nature
item

10000000

100,000
500,000
1,000,000
2,000,000
Above
-

0.00%
1.00%
1.50%
3.00%
5.00%

100000
500000
1000000
2000000
16130000
19730000

Net Commission

0
5000
15000
60000
806500
886500

73875

Variable Cost
Indirect labour

Indirect Material

power

total variable cost

Fixed cost

12000

Insurance

2000

Total
variance

Tax Calculator
Amount

Description
1500000

SLAB

SLAB

400001
750001
1400001
1500001
1800001
2500001
3000001
3500001
4000001
7000001 Above
Total

400000
750000
1400000
1500000
1800000
2500000
3000000
3500000
4000000
7000000

Tax Rate TAX per Annum

0.00%
5.00%
10.00%
12.50%
15.00%
17.50%
20.00%
22.50%
25.00%
27.50%
35.00%

0
0
0
187500
0
0
0
0
0
0
0
187500

a
units for flexible budget

12000

Static budgted

flexiable

actual

1000

12000

2000
Actual

1000

12000

3000

1.5

1000

12000

3000

1.5

1000

12000

2000

3000

36000

8000

12000
14000

14000

1950

17000

50000

21950

(33000.00)
fav/unfav( ) due to change in activity

28050.00
Poor()/good cost control