[Company Name] 2022 Budget

INCOME Actual % of TS Budget % of TS Difference

Sales
Product 1 2,000 10.9% 1,500 10.1% 500
Product 2 500 2.7% 800 5.4% (300)
Product 3 700 3.8% 1,200 8.1% (500)
Product 4 900 4.9% 300 2.0% 600
Product 5 1,300 7.1% 700 4.7% 600
Product 6 3,000 16.3% 2,400 16.1% 600
Other 10,000 54.3% 8,000 53.7% 2,000
Total Sales (TS) 18,400 100.0% 14,900 100.0% 3,500

Cost of Goods Sold (from details section)

COGS - Product 1 - - - - -
COGS - Product 2 - - - - -
COGS - Product 3 - - - - -
COGS - Product 4 - - - - -
COGS - Product 5 - - - - -
COGS - Product 6 - - - - -
Total Cost of Goods Sold - - - - -

Gross Profit 18,400 100.0% 14,900 100.0% 3,500

Non-Operating Income
Interest Income -
Rental Income -
Gifts Received -
Donations -
Other -
Total Non-Operating Income - - -

Total INCOME 18,400 14,900 3,500

EXPENSES Actual % of TS Budget % of TS Difference

Operating Expenses
Accounting and Legal - - -
Advertising - - -
Depreciation - - -
Dues and Subscriptions - - -
Insurance - - -
Interest Expense - - -
Maintenance and Repairs - - -
Office Supplies - - -
Payroll Expenses - - -
Postage - - -
Rent - - -
Research and Development - - -
Salaries and Wages - - -
Taxes and Licenses - - -
Telephone - - -

Page 1 of 5
 Travel - - -
Utilities - - -
Web Hosting and Domains - - -
Other - - -
Total Operating Expenses - - - - -

Non-Recurring Expenses
Furniture, Equipment and Software - - -
Gifts Given - - -
Other - - -
Total Non-Recurring Expenses - - - - -

Total EXPENSES - - - - -

Net Income Before Taxes 18,400 14,900 3,500

Income Tax Expense -

NET INCOME 18,400 14,900 3,500

COST OF GOODS - Details

The % of S represents the specific cost divided by the net sales for that product.
The % after the Profit (Loss) represents the profit for that product divided by the total Gross Profit

Product 1 Actual % of S Budget % of S Difference

Beginning Inventory - - -
Goods Purchased or Manufactured - - -
Shipping Charges - - -
Labor (wages and payroll) - - -
Other - - -
Less Ending Inventory - - -
Cost of Goods Sold - - - - -
Profit (Loss) 2,000 10.9% 1,500 10.1% 500

Product 2 Actual % of S Budget % of S Difference

Beginning Inventory - - -
Goods Purchased or Manufactured - - -
Shipping Charges - - -
Labor (wages and payroll) - - -
Other - - -
Less Ending Inventory - - -
Cost of Goods Sold - - - - -
Profit (Loss) 500 2.7% 800 5.4% (300)

Product 3 Actual % of S Budget % of S Difference

Beginning Inventory - - -
Goods Purchased or Manufactured - - -
Shipping Charges - - -
Labor (wages and payroll) - - -
Other - - -
Less Ending Inventory - - -
Cost of Goods Sold - - - - -
Profit (Loss) 700 3.8% 1,200 8.1% (500)

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Product 4 Actual % of S Budget % of S Difference
Beginning Inventory - - -
Goods Purchased or Manufactured - - -
Shipping Charges - - -
Labor (wages and payroll) - - -
Other - - -
Less Ending Inventory - - -
Cost of Goods Sold - - - - -
Profit (Loss) 900 4.9% 300 2.0% 600

Product 5 Actual % of S Budget % of S Difference

Beginning Inventory - - -
Goods Purchased or Manufactured - - -
Shipping Charges - - -
Labor (wages and payroll) - - -
Other - - -
Less Ending Inventory - - -
Cost of Goods Sold - - - - -
Profit (Loss) 1,300 7.1% 700 4.7% 600

Product 6 Actual % of S Budget % of S Difference

Beginning Inventory - - -
Goods Purchased or Manufactured - - -
Shipping Charges - - -
Labor (wages and payroll) - - -
Other - - -
Less Ending Inventory - - -
Cost of Goods Sold - - - - -
Profit (Loss) 3,000 16.3% 2,400 16.1% 600

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