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Sales Cost of Sales Gross Margin Volume Variance Adjusted Gross Margin

This document shows the financial performance over 5 years for a company including sales, costs, margins, expenses and net income. Sales and costs increased each year, resulting in higher gross margins. After accounting for expenses, net income increased each year from $1.2 million in Year 1 to $2.3 million in Year 5.

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Froilan Arlando Bandula
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38 views1 page

Sales Cost of Sales Gross Margin Volume Variance Adjusted Gross Margin

This document shows the financial performance over 5 years for a company including sales, costs, margins, expenses and net income. Sales and costs increased each year, resulting in higher gross margins. After accounting for expenses, net income increased each year from $1.2 million in Year 1 to $2.3 million in Year 5.

Uploaded by

Froilan Arlando Bandula
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

SALES 5,178,000.00 5,558,958.00 5,967,664.32 6,406,475.06 6,877,974.48


COST OF SALES 3,022,226.00 3,060,923.10 3,099.970.00 3,139,543.00 3,179,816.00
GROSS MARGIN 2,155,774.00 2,498,035.00 2,867,694.00 3,266,932.06 3,698,158.00
VOLUME VARIANCE 753.00 3,527.00 6,325.00 9,162.00 12,048.00
ADJUSTED GROSS MARGIN 2,155,021.00 2,494,508.35 2,861,368.72 3,257,770.56 3,686,110.48
SELLING & 364,482.39 364,792.00 364,824.00 365,682.00 364,832.00
ADMINISTRATIVE
ORIGINATION COST 57,760.00 0 0 0 0
INCOME BEFORE TAX 1,732,778.61 2,129,716.46 2,496,544.00 2,892,089.02 3,321,278.18
TAX- @30% 519,833.58 638,914.94 748,963.46 867,626.71 996,383.45
NET INCOME AFTER TAX 1212945.03 1,490,801.52 1,747,581.42 2,024,462.32 2,324,894.72

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