(Not sure if my current work is correct) given assumptions The estimated number...
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Accounting
(Not sure if my current work is correct)
given assumptions
The estimated number of unit to be sold for all three products in 2019 over 2018 number should be calculated based on the 10% increase.
Salary is 15% of TotalRevenue
Advertising is 4% of TotalRevenue
Miscellaneous expenses are 1% of TotalRevenue
Calculate the Taxes based on tax rate of 30% against the EarningBeforeTax.
Actual 2018 Unit Sold 3000 Product Mix Product A Product B Product C Unit Cost $40.00 $30.00 $25.00 Unit Price $50.00 $45.00 $32.00 Projected 2019 Units To Be Sold Revenue Costs of Good Sold 3300 $165,000.00 $45,000.00 4950 $222,750.00 $74,250.00 2530 $80,960.00 $23,460.00 4500 2300 2019 P&L Forecast: $468,710.00 17 16 Total Revenue Total COGS 18 Gross Profit 19 20 21 Operating Expenses Salaries Advertising Miscellaneous 25 Total Operating Expenses $70,306.50 $18,748.40 $4,687.10 $93,742.00 27 Earnings Before Taxes 28 Taxes 29 Net Profit 33 Assumptions 10% 35 Units Sold Increase by 10% compare to 2018 36 Salary 37 Advertising 38 Miscellaneous 39 Taxes 40Get Answers to Unlimited Questions
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