Stuck-on-You, LLC

Budget Information Sheet - Stick Glue

For the Year Ending 31 December 2016
Stick Glue
Budgeted Sales Price, 2016 $4.60 Sales Cycle Production Cycle
Jan 0.025 Jan 0.200
Budgeted Annual Sales, Units 600,000 Feb 0.025 Feb 0.150
Mar 0.025 Mar 0.125
Budgeted Annual Production, Units 580,000 Apr 0.050 Apr 0.075
May 0.050 May 0.050
Product Specifications Per Unit: June 0.100 June 0.050
Direct Materials: (adhesive ounces and plastic ounces) July 0.200 July 0.050
Solid Adhesive (ounces) 1 Aug 0.200 Aug 0.025
Plastic (ounces) 2.1 Sept 0.075 Sept 0.100
Direct Labor: (hours) Oct 0.025 Oct 0.125
Mixing 0.05 Nov 0.100 Nov 0.025
Finishing 0.15 Dec 0.125 Dec 0.025
Total 1.000 Total 1.000
Inventory, Units
Direct Materials: Beg. Inventory End. Inventory Minimum
Solid Adhesive (ounces) 120,000 400,000 10,000
Plastic (ounces) 80,000 200,000 6,000
Finished Goods
Stick Glue 75,000 55,000

Cost Assumptions: 2015 2016

Solid Adhesive, per ounce $0.12 $0.15
Plastic, per ounce $0.23 $0.25
Mixing Labor, per hour $11.00 $12.00
Finishing Labor, per hour $10.00 $11.00
 Per Unit Cost of Stick Glue $4.00 $3.63
Stuck-on-You, LLC
Budget Information Sheet - Stick Glue
For the Year Ending 31 December 2016

Non-Manufacturing Costs Variable Fixed

R&D, Product Design 0.020 $43,000
Marketing 0.010 14,000
Distribution 0.025 20,000
Customer Service 0.010 2,000
Totals 0.065 $79,000

Fixed Manufacturing Overhead: Total Allocation, per DMLH

Depreciation $76,000 $0.46
Property Taxes 54,000 0.33
Property Insurance 37,000 0.22
Plant Supervision 23,000 0.14
Miscellaneous 67,000 0.41
Total Fixed Mfg Overhead $257,000 $1.56

Variable Manufacturing Overhead: Total Allocation, per DMLH

Supplies $96,000 $0.58
Indirect Labor 57,000 0.35
Power & Energy 65,000 0.39
Maintenance 34,000 0.21
Miscellaneous 72,000 0.44
Total Variable Mfg Overhead $324,000 $1.97

Inventory Cost-Flow Method: FIFO. Number of Full-time production employees: 50.

No overtime hours are allowed; 40-hour workweek. Employees are entitled to two weeks' vacation; 50-week year.
Labor and materials costs are locked in through annual contracts. All units started in production must be completed; no WIP inventory allowed.
Production is scheduled to peak one period prior to expected sales peaks.
Plastic Beginning Inventory totals to 135,000 ounces; 80,000 ounces to Stick Glue and 55,000 to Liquid Glue.
Stuck-on-You, LLC
Budget Information Sheet - Liquid Glue
For the Year Ending 31 December 2016
Liquid Glue
Budgeted Sales Price, 2016 $5.50 Sales Cycle Production Cycle
Jan 0.050 Jan 0.100
Budgeted Annual Sales, Units 300,000 Feb 0.025 Feb 0.200
Mar 0.025 Mar 0.150
Budgeted Annual Production, Units 270,000 Apr 0.050 Apr 0.050
May 0.100 May 0.025
Product Specifications Per Unit: June 0.100 June 0.025
Direct Materials: (adhesive ounces and plastic ounces) July 0.050 July 0.075
Liquid Adhesive (ounces) 1 Aug 0.025 Aug 0.125
Plastic (ounces) 2.5 Sept 0.025 Sept 0.125
Direct Labor: (hours) Oct 0.200 Oct 0.025
Mixing 0.03 Nov 0.200 Nov 0.050
Finishing 0.15 Dec 0.150 Dec 0.050
Total 1.000 Total 1.000
Inventory, Units
Direct Materials: Beg. Inventory End. Inventory Minimum
Solid Adhesive (ounces) 70,000 150,000 7,000
Plastic (ounces) 55,000 75,000 2,500
Finished Goods
Liquid Glue 50,000 20,000

Cost Assumptions: 2015 2016

Liquid Adhesive, per ounce $0.07 $0.10
Plastic, per ounce $0.23 $0.25
Mixing Labor, per hour $11.00 $12.00
Finishing Labor, per hour $10.00 $11.00
 Per Unit Cost of Stick Glue $5.00 $3.37
Stuck-on-You, LLC
Budget Information Sheet - Liquid Glue
For the Year Ending 31 December 2016

Non-Manufacturing Costs Variable Fixed

R&D, Product Design 0.015 $23,000
Marketing 0.010 21,000
Distribution 0.020 16,000
Customer Service 0.010 1,500
Totals 0.055 $61,500

Fixed Manufacturing Overhead: Total Allocation, per DMLH

Depreciation $76,000 $0.46
Property Taxes 54,000 0.33
Property Insurance 37,000 0.22
Plant Supervision 23,000 0.14
Miscellaneous 67,000 0.41
Total Fixed Mfg Overhead $257,000 $1.56

Variable Manufacturing Overhead: Total Allocation, per DMLH

Supplies $96,000 $0.58
Indirect Labor 57,000 0.35
Power & Energy 65,000 0.39
Maintenance 34,000 0.21
Miscellaneous 72,000 0.44
Total Variable Mfg Overhead $324,000 $1.97

Inventory Cost-Flow Method: FIFO. Number of Full-time production employees: 40.

No overtime hours are allowed; 40-hour workweek. Employees are entitled to two weeks' vacation; 50-week year.
Labor and materials costs are locked in through annual contracts. All units started in production must be completed; no WIP inventory allowed.
Production is scheduled to peak one period prior to expected sales peaks.
Plastic Beginning Inventory totals to 135,000 ounces; 80,000 ounces to Stick Glue and 55,000 to Liquid Glue
Stuck-on-You, LLC
Schedule 1: Annual Revenue Budget
For the Year Ending 31 December 2016

Sales Price Units Sold Total Revenues

Stick Glue $4.60 600,000 $2,760,000
Liquid Glue $5.50 300,000 $1,650,000
Total $4,410,000
Stuck-on-You, LLC
Revenue Budget Breakdown by Month
For the Year Ending 31 December 2016

Stick Glue
January February March April May June
Percentage 0.025 0.025 0.025 0.050 0.050 0.100

Units to be Sold 15,000 15,000 15,000 30,000 30,000 60,000

Revenues $69,000 $69,000 $69,000 $138,000 $138,000 $276,000

Liquid Glue
January February March April May June
Percentage 0.050 0.025 0.025 0.050 0.100 0.100

Units to be Sold 15,000 7,500 7,500 15,000 30,000 30,000

Revenues $82,500 $41,250 $41,250 $82,500 $165,000 $165,000

Total Revenue $151,500 $110,250 $110,250 $220,500 $303,000 $441,000

Stuck-on-You, LLC
Revenue Budget Breakdown by Month
For the Year Ending 31 December 2016

Stick Glue
July August September October November December Total
Percentage 0.200 0.200 0.075 0.025 0.100 0.125 1.000

Units to be Sold 120,000 120,000 45,000 15,000 60,000 75,000 600,000

Revenues $552,000 $552,000 $207,000 $69,000 $276,000 $345,000 $2,760,000

Liquid Glue
July August September October November December Total
Percentage 0.050 0.025 0.025 0.200 0.200 0.150 1.000

Units to be Sold 15,000 7,500 7,500 60,000 60,000 45,000 300,000

Revenues $82,500 $41,250 $41,250 $330,000 $330,000 $247,500 $1,650,000

Total Revenue $634,500 $593,250 $248,250 $399,000 $606,000 $592,500 $4,410,000

Stick Glue Revenue Budget Breakdown by M

13% 3% 3% 3%
5%
10% 5%

10%
3%

8%

20%
20%
kdown by Month

January
February
March
April
May
June

July
August
September
October
November
December
Liquid Glue Revenue Budget Breakdown by Mon

5%
15% 3%
3%
5%

10%

20%

10%

5%
3%
20% 3%
kdown by Month

January
February
March
April
May
June
0%

July
August
September
0%
October
November
December
Stuck-on-You, LLC
Schedule 2: Annual Production Budget (In Units)
For the Year Ending 31 December 2016

Stick Glue Liquid Glue

Budgeted Unit Sales 600,000 300,000
Add Target Ending Finished Goods Inventory 55,000 20,000
Total Requirements 655,000 320,000
Deduct Beginning Finished Goods Inventory 75,000 50,000
Units To Be Produced 580,000 270,000
Stuck-on-You, LLC
Production Units Budget Breakdown by Month
For the Year Ending 31 December 2016

Stick Glue
January February March April May June
Percentage 0.200 0.150 0.125 0.075 0.050 0.050

Production-Units 116,000 87,000 72,500 43,500 29,000 29,000

Liquid Glue
January February March April May June
Percentage 0.100 0.200 0.150 0.050 0.025 0.025

Production-Units 27,000 54,000 40,500 13,500 6,750 6,750

Stuck-on-You, LLC
Production Units Budget Breakdown by Month
For the Year Ending 31 December 2016

Stick Glue
July August September October November December Total
Percentage 0.050 0.025 0.100 0.125 0.025 0.025 1.000

Production-Units 29,000 14,500 58,000 72,500 14,500 14,500 580,000

Liquid Glue
July August September October November December Total
Percentage 0.075 0.125 0.125 0.025 0.050 0.050 1.000

Production-Units 20,250 33,750 33,750 6,750 13,500 13,500 270,000

 Stick Glue Production Units Budget Breakdown by
140,000

120,000

100,000

80,000

Units Produced
60,000

40,000

20,000

0
reakdown by Month

Production-Units
 Liquid Glue Production Units Budget Breakdown by Mo
60,000

50,000

40,000

30,000

Units Produced

20,000

10,000

0
akdown by Month

Production-Units
Stuck-on-You, LLC
Schedule 3A: Annual Direct Materials Usage Budget
In Quantity and Dollars
For the Year Ending 31 December 2016

Annual DM Usage
Stick Glue Liquid Glue
Physical Units Budget:
Solid Adhesive 580,000 0
Liquid Adhesive 0 270,000
Plastic 1,218,000 675,000

Cost Budget:
Available from Beginning Inventory:
Solid Adhesive $14,400 $0
Liquid Adhesive $0 $4,900
Plastic $18,400 $12,650
Total Beginning Inventory
To be used from purchases, current period:
Solid Adhesive $69,000 $0
Liquid Adhesive $0 $20,000
Plastic $284,500 $155,000

Direct Materials to be Used: $386,300 $192,550

Company Total

580,000
270,000
1,893,000

$14,400
$4,900
$31,050

$69,000
$20,000
$439,500

$578,850
Stuck-on-You, LLC
Direct Materials Usage Budget Breakdown by Month
For the Year Ending 31 December 2016

Stick Glue
Physical Units: January February March April May June
Solid Adhesive (ounces) 116,000 87,000 72,500 43,500 29,000 29,000
Plastic (ounces) 243,600 182,700 152,250 91,350 60,900 60,900
Cost of Direct Materials Used
From Beginning Inventory:
Solid Adhesive $13,920 $480 $0 $0 $0 $0
Plastic $18,400 $0 $0 $0 $0 $0
To Be Used From Purchases
Solid Adhesive $0 $12,450 $10,875 $6,525 $4,350 $4,350
Plastic $0 $86,575 $38,063 $22,838 $15,225 $15,225
Totals $32,320 $99,505 $48,938 $29,363 $19,575 $19,575

Liquid Glue
Physical Units: January February March April May June
Liquid Adhesive (ounces) 27,000 54,000 40,500 13,500 6,750 6,750
Plastic (ounces) 67,500 135,000 101,250 33,750 16,875 16,875
Cost of Direct Materials Used
From Beginning Inventory:
Liquid Adhesive $1,890 $3,010 $0 $0 $0 $0
Plastic $12,650 $0 $0 $0 $0 $0
To Be Used From Purchases
Liquid Adhesive $0 $1,100 $4,050 $1,350 $675 $675
Plastic $0 $36,875 $25,313 $8,438 $4,219 $4,219
Totals $14,540 $40,985 $29,363 $9,788 $4,894 $4,894
Total DM Usage $46,860 $140,490 $78,300 $39,150 $24,469 $24,469
Stuck-on-You, LLC
Direct Materials Usage Budget Breakdown by Month
For the Year Ending 31 December 2016

Stick Glue
Physical Units: July August September October November December Total
Solid Adhesive (ounces) 29,000 14,500 58,000 72,500 14,500 14,500 580,000
Plastic (ounces) 60,900 30,450 121,800 152,250 30,450 30,450 1,218,000
Cost of Direct Materials Used
From Beginning Inventory:
Solid Adhesive $0 $0 $0 $0 $0 $0 $14,400
Plastic $0 $0 $0 $0 $0 $0 $18,400
To Be Used From Purchases
Solid Adhesive $4,350 $2,175 $8,700 $10,875 $2,175 $2,175 $69,000
Plastic $15,225 $7,613 $30,450 $38,063 $7,613 $7,613 $284,500
Totals $19,575 $9,788 $39,150 $48,938 $9,788 $9,788 $386,300

Liquid Glue
Physical Units: July August September October November December Total
Liquid Adhesive (ounces) 20,250 33,750 33,750 6,750 13,500 13,500 270,000
Plastic (ounces) 50,625 84,375 84,375 16,875 33,750 33,750 675,000
Cost of Direct Materials Used
From Beginning Inventory:
Liquid Adhesive $0 $0 $0 $0 $0 $0 $4,900
Plastic $0 $0 $0 $0 $0 $0 $12,650
To Be Used From Purchases
Liquid Adhesive $2,025 $3,375 $3,375 $675 $1,350 $1,350 $20,000
Plastic $12,656 $21,094 $21,094 $4,219 $8,438 $8,438 $155,000
Totals $14,681 $24,469 $24,469 $4,894 $9,788 $9,788 $192,550
Total DM Usage $34,256 $34,256 $63,619 $53,831 $19,575 $19,575 $578,850
 Stick Glue Direct Materials Usage-Units
300,000

250,000

200,000

150,000

100,000

50,000

0
1 2 3 4 5 6 7 8 9 10 11 12 13
sage-Units

Solid Adhesive (ounces)

Plastic (ounces)

11 12 13
 Liquid Glue Direct Materials Usage-Unit
160,000

140,000

120,000

100,000

80,000

60,000

40,000

20,000

0
1 2 3 4 5 6 7 8 9 10 11 12
s Usage-Units

Liquid Adhesive (ounces)

Plastic (ounces)

10 11 12 13
 Stick Glue Direct Materials Usage Budget Breakdown b
$120,000

$100,000

$80,000

$60,000

$40,000

$20,000

$0
1 2 3 4 5 6 7 8 9 10 1
Breakdown by Month-$$$

Totals

9 10 11 12 13
 Liquid Glue Direct Materials Usage Budget Breakdow
$45,000

$40,000

$35,000

$30,000

$25,000

$20,000

$15,000

$10,000

$5,000

$0
1 2 3 4 5 6 7 8 9 10
get Breakdown by Month-$$$

Totals

8 9 10 11 12 13
Stuck-on-You, LLC
Schedule 3B: Annual Direct Materials Purchases Budget
For the Year Ending 31 December 2016

DM Purchases Budget
Solid Adhesive Liquid Adhesive Plastic
Physical Units Budget
Production Usage 580,000 270,000 1,893,000
Add target Ending Inventory 400,000 150,000 275,000
Total Requirements 980,000 420,000 2,168,000
Deduct Beginning Inventory 120,000 70,000 135,000
Purchases 860,000 350,000 2,033,000

Cost Budget
Solid Adhesive $129,000 $0 $0
Liquid Adhesive $0 $35,000 $0
Plastic $0 $0 $508,250

Purchases $129,000 $35,000 $508,250

Company Total

$672,250
Stuck-on-You, LLC
Direct Materials Purchase Budget Breakdown by Month
For the Year Ending 31 December 2016

Solid Adhesive
January February March April May June
Physical Units:
Solid Adhesive (ounces) - 93,000 72,500 43,500 29,000 29,000

Costs:
Solid Adhesive ($) $0 $13,950 $10,875 $6,525 $4,350 $4,350

Liquid Adhesive
January February March April May June
Physical Units:
Liquid Adhesive (ounces) - 18,000 40,500 13,500 6,750 6,750

Costs:
Liquid Adhesive ($) $0 $1,800 $4,050 $1,350 $675 $675

Plastic
January February March April May June
Physical Units:
Plastic (ounces) 176,100 326,200 253,500 125,100 77,775 77,775

Costs:
Plastic ($) $44,025 $81,550 $63,375 $31,275 $19,444 $19,444
Stuck-on-You, LLC
Direct Materials Purchase Budget Breakdown by Month
For the Year Ending 31 December 2016

Solid Adhesive
July August September October November December Total
Physical Units:
Solid Adhesive (ounces) 29,000 14,500 58,000 72,500 14,500 404,500 860,000

Costs:
Solid Adhesive ($) $4,350 $2,175 $8,700 $10,875 $2,175 $60,675 $129,000

Liquid Adhesive
July August September October November December Total
Physical Units:
Liquid Adhesive (ounces) 20,250 33,750 33,750 6,750 13,500 156,500 350,000

Costs:
Liquid Adhesive ($) $2,025 $3,375 $3,375 $675 $1,350 $15,650 $35,000

Plastic
July August September October November December Total
Physical Units:
Plastic (ounces) 111,525 114,825 206,175 169,125 64,200 330,700 2,033,000

Costs:
Plastic ($) $27,881 $28,706 $51,544 $42,281 $16,050 $82,675 $508,250
Stuck-on-You, LLC
Schedule 4: Annual Direct Manufacturing Labor Budget
For the Year Ending 31 December 2016

Stick Glue Total Liquid Glue Total Company Total

Labor Hours Budget Labor Hours Budget
Mixing Labor Hours 29,000 Mixing Labor Hours 8,100
Assembly Labor Hours 87,000 Assembly Labor Hours 40,500
Total Hours 116,000 Total Hours 48,600 164,600

Labor Cost Budget Labor Cost Budget

Mixing Labor Cost $348,000 Mixing Labor Cost $97,200
Assembly Labor Cost $957,000 Assembly Labor Cost $445,500
Total Cost $1,305,000 Total Cost $542,700 $1,847,700
Stuck-on-You, LLC
Direct Manufacturing Labor Budget Breakdown by Month
For the Year Ending 31 December 2016

Stick Glue
January February March April May June
Labor Hours:
Mixing 5,800 4,350 3,625 2,175 1,450 1,450
Assembly 17,400 13,050 10,875 6,525 4,350 4,350

Total Labor Hours 23,200 17,400 14,500 8,700 5,800 5,800

Cost:
Mixing $69,600 $52,200 $43,500 $26,100 $17,400 $17,400
Assembly $191,400 $143,550 $119,625 $71,775 $47,850 $47,850
Totals $261,000 $195,750 $163,125 $97,875 $65,250 $65,250

Liquid Glue
January February March April May June
Labor Hours:
Mixing 810 1,620 1,215 405 203 203
Assembly 4,050 8,100 6,075 2,025 1,013 1,013

Total Labor Hours 4,860 9,720 7,290 2,430 1,215 1,215

Cost:
Mixing $9,720 $19,440 $14,580 $4,860 $2,430 $2,430
Assembly $44,550 $89,100 $66,825 $22,275 $11,138 $11,138

Totals $54,270 $108,540 $81,405 $27,135 $13,568 $13,568

Total $315,270 $304,290 $244,530 $125,010 $78,818 $78,818
Stuck-on-You, LLC
Direct Manufacturing Labor Budget Breakdown by Month
For the Year Ending 31 December 2016

Stick Glue
July August September October November December Total
Labor Hours:
Mixing 1,450 725 2,900 3,625 725 725 29,000
Assembly 4,350 2,175 8,700 10,875 2,175 2,175 87,000

Total Labor Hours 5,800 2,900 11,600 14,500 2,900 2,900 116,000

Cost:
Mixing $17,400 $8,700 $34,800 $43,500 $8,700 $8,700 $348,000
Assembly $47,850 $23,925 $95,700 $119,625 $23,925 $23,925 $957,000
Totals $65,250 $32,625 $130,500 $163,125 $32,625 $32,625 $1,305,000

Liquid Glue
July August September October November December Total
Labor Hours:
Mixing 608 1,013 1,013 203 405 405 8,100
Assembly 3,038 5,063 5,063 1,013 2,025 2,025 40,500

Total Labor Hours 3,645 6,075 6,075 1,215 2,430 2,430 48,600

Cost:
Mixing $7,290 $12,150 $12,150 $2,430 $4,860 $4,860 $97,200
Assembly $33,413 $55,688 $55,688 $11,138 $22,275 $22,275 $445,500

Totals $40,703 $67,838 $67,838 $13,568 $27,135 $27,135 $542,700

Total $105,953 $100,463 $198,338 $176,693 $59,760 $59,760 $1,847,700
 Stick Glue Total Labor Hours

3% 3%
19%

16%

16%
13%

3%
9%
6%
6% 6%
bor Hours

February
March
April
May
June

July
16% August
September
October
November
December
%
Liquid Glue Total Labor Hours

5% 10%
5%
3%

13%
20%

13%

15%
8%
3% 3% 5%
r Hours

January
February
March
April
May
June

July
August
September
October
November
December
 Stick Glue Total Labor Dollars

3%
3%

19%

16%

16%
13%

3%

9%
6%

6% 6%
abor Dollars

19%

February
March
April
May
June

July
August
16%
September
October
November
December

9%
LIquid Glue Total Labor Dollars

5% 10%
5%
3%

13%
20%

13%

15%
8%
3% 3% 5%
r Dollars

January
February
March
April
May
June
0%

July
August
September
October
November
December
Stuck-on-You, LLC
Schedule 5: Annual Manufacturing Overhead Budget
For the Year Ending 31 December 2016

At Budgeted Level of
Direct Manufacturing Labor Hours
Annual MOH Budget
Stick Glue Liquid Glue Company Total
Variable Manufacturing Overhead Costs
Supplies $67,655 $28,345 $96,000
Indirect Manufacturing Labor $40,170 $16,830 $57,000
Power and Energy $45,808 $19,192 $65,000
Maintenance $23,961 $10,039 $34,000
Miscellaneous $50,741 $21,259 $72,000
Total Variable Manufacturing Overhead $228,335 $95,665 $324,000

Fixed Manufacturing Overhead Costs:

Depreciation $53,560 $22,440 $76,000
Property Taxes $38,056 $15,944 $54,000
Property Insurance $26,075 $10,925 $37,000
Plant Supervision $16,209 $6,791 $23,000
Miscellaneous $47,217 $19,783 $67,000
Total Fixed Manufacturing Overhead $181,118 $75,882 $257,000

Total Manufacturing Overhead Costs $409,453 $171,547 $581,000

Stuck-on-You, LLC
Manufacturing Overhead Budget Breakdown by Month
For the Year Ending 31 December 2016

Stick Glue
January February March April May June

Variable MOH Costs:

Indirect Supplies $13,531 $10,148 $8,457 $5,074 $3,383 $3,383
Indirect Mfg Labor $8,034 $6,026 $5,021 $3,013 $2,009 $2,009
Power and Energy $9,162 $6,871 $5,726 $3,436 $2,290 $2,290
Mfg. Maintenance $4,792 $3,594 $2,995 $1,797 $1,198 $1,198
Miscellaneous $10,148 $7,611 $6,343 $3,806 $2,537 $2,537
Total Variable MOH $45,667 $34,250 $28,542 $17,125 $11,417 $11,417

Fixed MOH Costs:

Depreciation $10,712 $8,034 $6,695 $4,017 $2,678 $2,678
Property Taxes $7,611 $5,708 $4,757 $2,854 $1,903 $1,903
Property Insurance $5,215 $3,911 $3,259 $1,956 $1,304 $1,304
Plant Supervision $3,242 $2,431 $2,026 $1,216 $810 $810
Miscellaneous $9,443 $7,083 $5,902 $3,541 $2,361 $2,361
Total Fixed MOH $36,224 $27,168 $22,640 $13,584 $9,056 $9,056

Total MOH Costs $81,891 $61,418 $51,182 $30,709 $20,473 $20,473

Stuck-on-You, LLC
Manufacturing Overhead Budget Breakdown by Month
For the Year Ending 31 December 2016

Liquid Glue
January February March April May June

Variable MOH Costs:

Indirect Supplies $2,835 $5,669 $4,252 $1,417 $709 $709
Indirect Mfg Labor $1,683 $3,366 $2,524 $841 $421 $421
Power and Energy $1,919 $3,838 $2,879 $960 $480 $480
Mfg. Maintenance $1,004 $2,008 $1,506 $502 $251 $251
Miscellaneous $2,126 $4,252 $3,189 $1,063 $531 $531
Total Variable MOH $9,566 $19,133 $14,350 $4,783 $2,392 $2,392

Fixed MOH Costs:

Depreciation $2,244 $4,488 $3,366 $1,122 $561 $561
Property Taxes $1,594 $3,189 $2,392 $797 $399 $399
Property Insurance $1,092 $2,185 $1,639 $546 $273 $273
Plant Supervision $679 $1,358 $1,019 $340 $170 $170
Miscellaneous $1,978 $3,957 $2,967 $989 $495 $495
Total Fixed MOH $7,588 $15,176 $11,382 $3,794 $1,897 $1,897

Total MOH Costs $17,155 $34,309 $25,732 $8,577 $4,289 $4,289

Total MOH $99,045 $95,727 $76,914 $39,286 $24,761 $24,761

Stuck-on-You, LLC
Manufacturing Overhead Budget Breakdown by Month
For the Year Ending 31 December 2016

Stick Glue
July August September October November December

Variable MOH Costs:

Indirect Supplies $3,383 $1,691 $6,765 $8,457 $1,691 $1,691
Indirect Mfg Labor $2,009 $1,004 $4,017 $5,021 $1,004 $1,004
Power and Energy $2,290 $1,145 $4,581 $5,726 $1,145 $1,145
Mfg. Maintenance $1,198 $599 $2,396 $2,995 $599 $599
Miscellaneous $2,537 $1,269 $5,074 $6,343 $1,269 $1,269
Total Variable MOH $11,417 $5,708 $22,834 $28,542 $5,708 $5,708

Fixed MOH Costs:

Depreciation $2,678 $1,339 $5,356 $6,695 $1,339 $1,339
Property Taxes $1,903 $951 $3,806 $4,757 $951 $951
Property Insurance $1,304 $652 $2,608 $3,259 $652 $652
Plant Supervision $810 $405 $1,621 $2,026 $405 $405
Miscellaneous $2,361 $1,180 $4,722 $5,902 $1,180 $1,180
Total Fixed MOH $9,056 $4,528 $18,112 $22,640 $4,528 $4,528

Total MOH Costs $20,473 $10,236 $40,945 $51,182 $10,236 $10,236

Stuck-on-You, LLC
Manufacturing Overhead Budget Breakdown by Month
For the Year Ending 31 December 2016

Liquid Glue
July August September October November December

Variable MOH Costs:

Indirect Supplies $2,126 $3,543 $3,543 $709 $1,417 $1,417
Indirect Mfg Labor $1,262 $2,104 $2,104 $421 $841 $841
Power and Energy $1,439 $2,399 $2,399 $480 $960 $960
Mfg. Maintenance $753 $1,255 $1,255 $251 $502 $502
Miscellaneous $1,594 $2,657 $2,657 $531 $1,063 $1,063
Total Variable MOH $7,175 $11,958 $11,958 $2,392 $4,783 $4,783

Fixed MOH Costs:

Depreciation $1,683 $2,805 $2,805 $561 $1,122 $1,122
Property Taxes $1,196 $1,993 $1,993 $399 $797 $797
Property Insurance $819 $1,366 $1,366 $273 $546 $546
Plant Supervision $509 $849 $849 $170 $340 $340
Miscellaneous $1,484 $2,473 $2,473 $495 $989 $989
Total Fixed MOH $5,691 $9,485 $9,485 $1,897 $3,794 $3,794

Total MOH Costs $12,866 $21,443 $21,443 $4,289 $8,577 $8,577

Total MOH $33,339 $31,680 $62,389 $55,470 $18,814 $18,814

Total

$67,655
$40,170
$45,808
$23,961
$50,741
$228,335

$53,560
$38,056
$26,075
$16,209
$47,217
$181,118

$409,453
Total

$28,345
$16,830
$19,192
$10,039
$21,259
$95,665

$22,440
$15,944
$10,925
$6,791
$19,783
$75,882

$171,547

$581,000
 Stick Glue Total MOH

3% 3%
20%
13%

10%

15%
3%

5%

5%

5% 13%
8%
l MOH

January
February
March
April
May
June

July
August
15%
September
October
November
December
 Liquid Glue Total MOH

5% 10%
5%
3%

13%
20%

13%

15%
8%
3% 3% 5%
MOH

January
February
March
April
May

% June

July
August
September
October
November
December
Stuck-on-You, LLC
Schedule 6A: Unit Costs of Ending Inventory of Finished Goods
For the Year Ending 31 December 2016

Stick Glue
Cost Per Cost per
Unit of Input Input Unit of Output Total
Direct Materials:
Solid Adhesive (ounces) $0.15 1 $0.15
Plastic (ounces) $0.25 2.1 $0.53
Total Direct Materials $0.68
Direct Manufacturing Labor:
Mixing Labor $12.00 0.05 $0.60
Assembly Labor $11.00 0.15 $1.65
Total Direct Mfg Labor $2.25

Manufacturing Overhead $3.53 0.2 $0.71 $0.71

Total Cost Per Unit $3.63

Stuck-on-You, LLC
Schedule 6A: Unit Costs of Ending Inventory of Finished Goods
For the Year Ending 31 December 2016

Liquid Glue
Cost Per Cost per
Unit of Input Input Unit of Output Total
Direct Materials:
Liquid Adhesive (ounces) $0.10 1 $0.10
Plastic (ounces) $0.25 2.5 $0.63
Total Direct Materials $0.73
Direct Manufacturing Labor:
Mixing Labor $12.00 0.03 $0.36
Assembly Labor $11.00 0.15 $1.65
Total Direct Mfg Labor $2.01

Manufacturing Overhead $3.53 0.18 $0.64 $0.64

Total Cost Per Unit $3.37

Stuck-on-You, LLC
Schedule 6B: Ending Inventories Budget
For the Year Ending 31 December 2016

Ending Inventories

Direct Materials:
Solid Adhesive (ounces) $60,000
Liquid Adhesive (ounces) $15,000
Plastic (ounces) $68,750
Total Direct Materials $143,750
Finished Goods:
Stick Glue $199,702
Liquid Glue $67,407
Total Finished Goods $267,110
Total Ending Inventory $410,860
Stuck-on-You, LLC
Inventories Budget Breakdown by Month - Units
For the Year Ending 31 December 2016

Solid Adhesive
January February March April May June
Direct Materials:
Solid Adhesive
Beginning 120,000 4,000 10,000 10,000 10,000 10,000
+Purchases 0 93,000 72,500 43,500 29,000 29,000
-Usage 116,000 87,000 72,500 43,500 29,000 29,000
Balance 4,000 10,000 10,000 10,000 10,000 10,000

Liquid Adhesive
January February March April May June
Direct Materials:
Liquid Adhesive
Beginning 70,000 43,000 7,000 7,000 7,000 7,000
+Purchases 0 18,000 40,500 13,500 6,750 6,750
-Usage 27,000 54,000 40,500 13,500 6,750 6,750
Balance 43,000 7,000 7,000 7,000 7,000 7,000

Plastic
January February March April May June
Plastic
Beginning 135,000 0 8,500 8,500 8,500 8,500
+Purchases 176,100 326,200 253,500 125,100 77,775 77,775
-Usage 311,100 317,700 253,500 125,100 77,775 77,775
Balance 0 8,500 8,500 8,500 8,500 8,500
Stuck-on-You, LLC
Inventories Budget Breakdown by Month - Units
For the Year Ending 31 December 2016

Stick Glue
January February March April May June
Finished Goods:
Stick Glue
Beginning 75,000 176,000 248,000 305,500 319,000 318,000
+Completions 116,000 87,000 72,500 43,500 29,000 29,000
-Units Sold 15,000 15,000 15,000 30,000 30,000 60,000
Balance 176,000 248,000 305,500 319,000 318,000 287,000

Liquid Glue
January February March April May June
Finished Goods:
Liquid Glue
Beginning 50,000 62,000 108,500 141,500 140,000 116,750
+Completions 27,000 54,000 40,500 13,500 6,750 6,750
-Units Sold 15,000 7,500 7,500 15,000 30,000 30,000
Balance 62,000 108,500 141,500 140,000 116,750 93,500
 Beginning 80,000 Err:509 Err:509 Err:509 Err:509 Err:509
+Purchases Err:509 Err:509 Err:509 Err:509 Err:509 Err:509
-Usage 243,600 182,700 152,250 91,350 60,900 60,900
Balance Err:509 Err:509 Err:509 Err:509 Err:509 Err:509
Stuck-on-You, LLC
Inventories Budget Breakdown by Month - Units
For the Year Ending 31 December 2016

Solid Adhesive
July August September October November
Direct Materials:
Solid Adhesive
Beginning 10,000 10,000 10,000 10,000 10,000
+Purchases 29,000 14,500 58,000 72,500 14,500
-Usage 29,000 14,500 58,000 72,500 14,500
Balance 10,000 10,000 10,000 10,000 10,000

Liquid Adhesive
July August September October November
Direct Materials:
Liquid Adhesive
Beginning 7,000 7,000 7,000 7,000 7,000
+Purchases 20,250 33,750 33,750 6,750 13,500
-Usage 20,250 33,750 33,750 6,750 13,500
Balance 7,000 7,000 7,000 7,000 7,000

Plastic
July August September October November
Plastic
Beginning 8,500 8,500 8,500 8,500 8,500
+Purchases 111,525 114,825 206,175 169,125 64,200
-Usage 111,525 114,825 206,175 169,125 64,200
Balance 8,500 8,500 8,500 8,500 8,500
Stuck-on-You, LLC
Inventories Budget Breakdown by Month - Units
For the Year Ending 31 December 2016

Stick Glue
July August September October November
Finished Goods:
Stick Glue
Beginning 287,000 196,000 90,500 103,500 161,000
+Completions 29,000 14,500 58,000 72,500 14,500
-Units Sold 120,000 120,000 45,000 15,000 60,000
Balance 196,000 90,500 103,500 161,000 115,500

Liquid Glue
July August September October November
Finished Goods:
Liquid Glue
Beginning 93,500 98,750 125,000 151,250 98,000
+Completions 20,250 33,750 33,750 6,750 13,500
-Units Sold 15,000 7,500 7,500 60,000 60,000
Balance 98,750 125,000 151,250 98,000 51,500
Err:509 Err:509 Err:509 Err:509 Err:509 Err:509
Err:509 Err:509 Err:509 Err:509 Err:509 Err:509 Err:509
60,900 30,450 121,800 152,250 30,450 30,450 1,218,000
Err:509 Err:509 Err:509 Err:509 Err:509 Err:509
December Total

10,000
404,500 860,000
14,500 580,000
400,000

December Total

7,000
156,500 350,000
13,500 270,000
150,000

December Total

8,500
330,700 2,033,000
64,200 1,893,000
275,000
December Total

115,500
14,500 580,000
75,000 600,000
55,000

December Total

51,500
13,500 270,000
45,000 300,000
20,000
Stuck-on-You, LLC
Schedule 7: Annual Cost of Goods Sold Budget
For the Year Ending 31 December 2016

Stick Glue
Beginning Finished Goods Inventory
January 1, 2016 $300,000
Direct Materials Used $386,300
Direct Manufacturing Labor 1,305,000
Manufacturing Overhead 409,453
Cost of Goods Manufactured 2,100,753
Cost of Goods Available For Sale $2,400,753
Deduct Ending Finished Goods Inventory
December 31, 2016 0
Cost Of Goods Sold $2,400,753

Liquid Glue
Beginning Finished Goods Inventory
January 1, 2016 $250,000
Direct Materials Used $192,550
Direct Manufacturing Labor 542,700
Manufacturing Overhead 171,547
Cost of Goods Manufactured 906,797
Cost of Goods Available For Sale $1,156,797
Deduct Ending Finished Goods Inventory
December 31, 2016 0
Cost Of Goods Sold $1,156,797
Company Total $3,557,550
Stuck-on-You, LLC
Cost of Goods Sold Budget Breakdown by Month
For the Year Ending 31 December 2016

Stick Glue
January February March April May June

Beginning FG Inventory $300,000 $661,191 $917,084 $1,109,256 $1,158,274 $1,154,643

Direct Materials Used $32,320 $99,505 $48,938 $29,363 $19,575 $19,575
Direct Mfg Labor 261,000 195,750 163,125 97,875 65,250 65,250
Mfg Overhead 81,891 61,418 51,182 30,709 20,473 20,473
Cost of Goods Mfd $375,211 $356,673 $263,244 $157,946 $105,298 $105,298
COG Available-Sale $675,211 $1,017,864 $1,180,328 $1,267,203 $1,263,572 $1,259,941
Ending FG Inventory 661,191 917,084 1,109,256 1,158,274 1,154,643 1,042,084
Cost of Goods Sold $14,020 $100,780 $71,071 $108,929 $108,929 $217,857

Liquid Glue
January February March April May June

Beginning FG Inventory $250,000 $266,000 $410,499 $476,906 $471,850 $393,489

Direct Materials Used $14,540 $40,985 $29,363 $9,788 $4,894 $4,894
Direct Mfg Labor 54,270 108,540 81,405 27,135 13,568 13,568
Mfg Overhead 17,155 34,309 25,732 8,577 4,289 4,289
Cost of Goods Mfd $85,965 $183,834 $136,500 $45,500 $22,750 $22,750
COG Available-Sale $335,965 $449,834 $546,999 $522,406 $494,600 $416,239
Ending FG Inventory 266,000 410,499 476,906 471,850 393,489 315,129
Cost of Goods Sold $69,965 $39,335 $70,093 $50,555 $101,111 $101,111
Total $83,985 $140,115 $141,164 $159,484 $210,039 $318,968
Stuck-on-You, LLC
Cost of Goods Sold Budget Breakdown by Month
For the Year Ending 31 December 2016

Stick Glue
July August September October November December Totals

Beginning FG Inventory $1,042,084 $711,667 $328,601 $375,804 $584,584 $419,375 $300,000

Direct Materials Used $19,575 $9,788 $39,150 $48,938 $9,788 $9,788 $386,300
Direct Mfg Labor 65,250 32,625 130,500 163,125 32,625 32,625 $1,305,000
Mfg Overhead 20,473 10,236 40,945 51,182 10,236 10,236 $409,453
Cost of Goods Mfd $105,298 $52,649 $210,595 $263,244 $52,649 $52,649 $2,100,753
COG Available-Sale $1,147,381 $764,316 $539,197 $639,048 $637,232 $472,024 $2,400,753
Ending FG Inventory 711,667 328,601 375,804 584,584 419,375 199,702 199,702
Cost of Goods Sold $435,714 $435,714 $163,393 $54,464 $217,857 $272,322 $2,201,051

Liquid Glue
July August September October November December Totals

Beginning FG Inventory $315,129 $332,823 $421,295 $509,767 $330,295 $173,573 $250,000

Direct Materials Used $14,681 $24,469 $24,469 $4,894 $9,788 $9,788 $192,550
Direct Mfg Labor 40,703 67,838 67,838 13,568 27,135 27,135 $542,700
Mfg Overhead 12,866 21,443 21,443 4,289 8,577 8,577 $171,547
Cost of Goods Mfd $68,250 $113,750 $113,750 $22,750 $45,500 $45,500 $906,797
COG Available-Sale $383,378 $446,572 $535,044 $532,517 $375,795 $219,073 $1,156,797
Ending FG Inventory 332,823 421,295 509,767 330,295 173,573 67,407 67,407
Cost of Goods Sold $50,555 $25,278 $25,278 $202,222 $202,222 $151,666 $1,089,390
Total $486,270 $460,992 $188,671 $256,686 $420,079 $423,988 $3,290,440
Stuck-on-You, LLC
Schedule 8: Nonmanufacturing Costs Budget
For the Year Ending 31 December 2016

Stick Glue
Variable Fixed Total
Value-Chain Function: Costs Costs Costs

R&D/Product Design $55,200 $43,000 $98,200

Marketing $27,600 $14,000 $41,600
Distribution $69,000 $20,000 $89,000
Customer Service $27,600 $2,000 $29,600
Totals $179,400 $79,000 $258,400
Stuck-on-You, LLC
Schedule 8: Nonmanufacturing Costs Budget
For the Year Ending 31 December 2016

Liquid Glue Company Total

Variable Fixed Total
Value-Chain Function: Costs Costs Costs

R&D/Product Design $24,750 $23,000 $47,750

Marketing $16,500 $21,000 $37,500
Distribution $33,000 $16,000 $49,000
Customer Service $16,500 $1,500 $18,000
Totals $90,750 $61,500 $152,250 $410,650
Stuck-on-You, LLC
Non-Manufacturing Costs Budget Breakdown by Month
For the Year Ending 31 December 2016

Stick Glue
January February March April May June

Variable Costs:
R&D, Design $1,380 $1,380 $1,380 $2,760 $2,760 $5,520
Marketing $690 $690 $690 $1,380 $1,380 $2,760
Distribution $1,725 $1,725 $1,725 $3,450 $3,450 $6,900
Customer Service $690 $690 $690 $1,380 $1,380 $2,760
Total Variable $4,485 $4,485 $4,485 $8,970 $8,970 $17,940

Fixed Costs:
R&D, Design $3,583 $3,583 $3,583 $3,583 $3,583 $3,583
Marketing $1,167 $1,167 $1,167 $1,167 $1,167 $1,167
Distribution $1,667 $1,667 $1,667 $1,667 $1,667 $1,667
Customer Service $167 $167 $167 $167 $167 $167
Total Fixed $6,583 $6,583 $6,583 $6,583 $6,583 $6,583

Total Costs:
R&D, Design $4,963 $4,963 $4,963 $6,343 $6,343 $9,103
Marketing $1,857 $1,857 $1,857 $2,547 $2,547 $3,927
Distribution $3,392 $3,392 $3,392 $5,117 $5,117 $8,567
Customer Service $857 $857 $857 $1,547 $1,547 $2,927
Total Costs $11,068 $11,068 $11,068 $15,553 $15,553 $24,523
Stuck-on-You, LLC
Non-Manufacturing Costs Budget Breakdown by Month
For the Year Ending 31 December 2016

Liquid Glue
January February March April May June

Variable Costs:
R&D, Design $1,238 $619 $619 $1,238 $2,475 $2,475
Marketing $825 $413 $413 $825 $1,650 $1,650
Distribution $1,650 $825 $825 $1,650 $3,300 $3,300
Customer Service $825 $413 $413 $825 $1,650 $1,650
Total Variable $3,713 $1,856 $1,856 $3,713 $7,425 $7,425

Fixed Costs:
R&D, Design $1,917 $1,917 $1,917 $1,917 $1,917 $1,917
Marketing $1,750 $1,750 $1,750 $1,750 $1,750 $1,750
Distribution $1,333 $1,333 $1,333 $1,333 $1,333 $1,333
Customer Service $125 $125 $125 $125 $125 $125
Total Fixed $5,125 $5,125 $5,125 $5,125 $5,125 $5,125

Total Costs:
R&D, Design $3,154 $2,535 $2,535 $3,154 $4,392 $4,392
Marketing $2,575 $2,163 $2,163 $2,575 $3,400 $3,400
Distribution $2,983 $2,158 $2,158 $2,983 $4,633 $4,633
Customer Service $950 $538 $538 $950 $1,775 $1,775
Total Costs $9,663 $7,394 $7,394 $9,663 $14,200 $14,200
Total $20,731 $18,462 $18,462 $25,216 $29,753 $38,723
Stuck-on-You, LLC
Non-Manufacturing Costs Budget Breakdown by Month
For the Year Ending 31 December 2016

Stick Glue
July August September October November December Total

Variable Costs:
R&D, Design $11,040 $11,040 $4,140 $1,380 $5,520 $6,900 $55,200
Marketing $5,520 $5,520 $2,070 $690 $2,760 $3,450 $27,600
Distribution $13,800 $13,800 $5,175 $1,725 $6,900 $8,625 $69,000
Customer Service $5,520 $5,520 $2,070 $690 $2,760 $3,450 $27,600
Total Variable $35,880 $35,880 $13,455 $4,485 $17,940 $22,425 $179,400

Fixed Costs:
R&D, Design $3,583 $3,583 $3,583 $3,583 $3,583 $3,583 $43,000
Marketing $1,167 $1,167 $1,167 $1,167 $1,167 $1,167 $14,000
Distribution $1,667 $1,667 $1,667 $1,667 $1,667 $1,667 $20,000
Customer Service $167 $167 $167 $167 $167 $167 $2,000
Total Fixed $6,583 $6,583 $6,583 $6,583 $6,583 $6,583 $79,000

Total Costs:
R&D, Design $14,623 $14,623 $7,723 $4,963 $9,103 $10,483 $98,200
Marketing $6,687 $6,687 $3,237 $1,857 $3,927 $4,617 $41,600
Distribution $15,467 $15,467 $6,842 $3,392 $8,567 $10,292 $89,000
Customer Service $5,687 $5,687 $2,237 $857 $2,927 $3,617 $29,600
Total Costs $42,463 $42,463 $20,038 $11,068 $24,523 $29,008 $258,400
Stuck-on-You, LLC
Non-Manufacturing Costs Budget Breakdown by Month
For the Year Ending 31 December 2016

Liquid Glue
July August September October November December Total

Variable Costs:
R&D, Design $1,238 $619 $619 $4,950 $4,950 $3,713 $24,750
Marketing $825 $413 $413 $3,300 $3,300 $2,475 $16,500
Distribution $1,650 $825 $825 $6,600 $6,600 $4,950 $33,000
Customer Service $825 $413 $413 $3,300 $3,300 $2,475 $16,500
Total Variable $3,713 $1,856 $1,856 $14,850 $14,850 $11,138 $90,750

Fixed Costs:
R&D, Design $1,917 $1,917 $1,917 $1,917 $1,917 $1,917 $23,000
Marketing $1,750 $1,750 $1,750 $1,750 $1,750 $1,750 $21,000
Distribution $1,333 $1,333 $1,333 $1,333 $1,333 $1,333 $16,000
Customer Service $125 $125 $125 $125 $125 $125 $1,500
Total Fixed $5,125 $5,125 $5,125 $5,125 $5,125 $5,125 $61,500

Total Costs:
R&D, Design $3,154 $2,535 $2,535 $6,867 $6,867 $5,629 $47,750
Marketing $2,575 $2,163 $2,163 $5,050 $5,050 $4,225 $37,500
Distribution $2,983 $2,158 $2,158 $7,933 $7,933 $6,283 $49,000
Customer Service $950 $538 $538 $3,425 $3,425 $2,600 $18,000
Total Costs $9,663 $7,394 $7,394 $23,275 $23,275 $18,738 $152,250
Total $52,126 $49,857 $27,432 $34,343 $47,798 $47,746 $410,650
Stuck-on-You, LLC
Schedule 9: Budgeted Income Statement
For the Year Ending 31 December 2016

Stick Glue
Revenues $2,760,000
Cost of Goods Sold 2,400,753
Gross Margin $359,247
Non-Manufacturing Costs:
R&D/Product Design $98,200
Marketing Costs $41,600
Distribution Costs $89,000
Customer Service Costs $29,600 $258,400
Operating Income $100,847

Liquid Glue
Revenues $1,650,000
Cost of Goods Sold 1,156,797
Gross Margin $493,203
Non-Manufacturing Costs:
R&D/Product Design $47,750
Marketing Costs $37,500
Distribution Costs $49,000
Customer Service Costs $18,000 $152,250
Operating Income $340,953

Company Total $441,800

Stuck-on-You, LLC
Budgeted Income Statement Breakdown by Month
For the Year Ending 31 December 2016

Stick Glue
January February March April May June
Revenues $69,000 $69,000 $69,000 $138,000 $138,000 $276,000
Cost of Goods Sold 14,020 100,780 71,071 108,929 108,929 217,857
Gross Margin $54,980 -$31,780 -$2,071 $29,071 $29,071 $58,143
Non-Manufacturing Costs
R&D, Design $4,963 $4,963 $4,963 $6,343 $6,343 $9,103
Marketing $1,857 $1,857 $1,857 $2,547 $2,547 $3,927
Distribution $3,392 $3,392 $3,392 $5,117 $5,117 $8,567
Customer Svc $857 $857 $857 $1,547 $1,547 $2,927
Total Operating Costs $11,068 $11,068 $11,068 $15,553 $15,553 $24,523
Operating Income $43,912 -$42,848 -$13,140 $13,518 $13,518 $33,619

Liquid Glue
January February March April May June
Revenues $82,500 $41,250 $41,250 $82,500 $165,000 $165,000
Cost of Goods Sold 69,965 39,335 70,093 50,555 101,111 101,111
Gross Margin $12,535 $1,915 -$28,843 $31,945 $63,889 $63,889
Non-Manufacturing Costs
R&D, Design $3,154 $2,535 $2,535 $3,154 $4,392 $4,392
Marketing $2,575 $2,163 $2,163 $2,575 $3,400 $3,400
Distribution $2,983 $2,158 $2,158 $2,983 $4,633 $4,633
Customer Svc $950 $538 $538 $950 $1,775 $1,775
Total Operating Costs $9,663 $7,394 $7,394 $9,663 $14,200 $14,200
Operating Income $2,873 -$5,479 -$36,237 $22,282 $49,689 $49,689
Total $46,784 -$48,327 -$49,376 $35,800 $63,207 $83,309
Stuck-on-You, LLC
Budgeted Income Statement Breakdown by Month
For the Year Ending 31 December 2016

Stick Glue
July August September October November December
Revenues $552,000 $552,000 $207,000 $69,000 $276,000 $345,000
Cost of Goods Sold 435,714 435,714 163,393 54,464 217,857 272,322
Gross Margin $116,286 $116,286 $43,607 $14,536 $58,143 $72,678
Non-Manufacturing Costs
R&D, Design $14,623 $14,623 $7,723 $4,963 $9,103 $10,483
Marketing $6,687 $6,687 $3,237 $1,857 $3,927 $4,617
Distribution $15,467 $15,467 $6,842 $3,392 $8,567 $10,292
Customer Svc $5,687 $5,687 $2,237 $857 $2,927 $3,617
Total Operating Costs $42,463 $42,463 $20,038 $11,068 $24,523 $29,008
Operating Income $73,822 $73,822 $23,569 $3,467 $33,619 $43,670

Liquid Glue
July August September October November December
Revenues $82,500 $41,250 $41,250 $330,000 $330,000 $247,500
Cost of Goods Sold 50,555 25,278 25,278 202,222 202,222 151,666
Gross Margin $31,945 $15,972 $15,972 $127,778 $127,778 $95,834
Non-Manufacturing Costs
R&D, Design $3,154 $2,535 $2,535 $6,867 $6,867 $5,629
Marketing $2,575 $2,163 $2,163 $5,050 $5,050 $4,225
Distribution $2,983 $2,158 $2,158 $7,933 $7,933 $6,283
Customer Svc $950 $538 $538 $3,425 $3,425 $2,600
Total Operating Costs $9,663 $7,394 $7,394 $23,275 $23,275 $18,738
Operating Income $22,282 $8,579 $8,579 $104,503 $104,503 $77,096
Total $96,104 $82,401 $32,147 $107,971 $138,123 $120,766
Total
$2,760,000
2,201,051
$558,949

$98,200
$41,600
$89,000
$29,600
$258,400
$300,549

Total
$1,650,000
1,089,390
$560,610

$47,750
$37,500
$49,000
$18,000
$152,250
$408,360
$708,910
 Stick Glue Operating Income By Mo

January

February

March

April

May

June

Left vertical axis title

July

August

September

October

November

December

-$60,000 -$40,000 -$20,000 $0 $20,000 $40,000

Income By Month

Row 16

$20,000 $40,000 $60,000 $80,000 $100,000

 Stick Glue Operating Income By Month

December

November

October

September

August

July

June

May

April

March

February

January

-$60,000 -$40,000 -$20,000 $0 $20,000 $40,000 $60,000 $80,000

e By Month

60,000 $80,000 $100,000 $120,000