Budget Variance Report November abd December 202X

November December
Details Budget Actual Variance $ Variance % Budget Actual
Revenue
Food sales $71,000.00 $78,563.00 $7,563.00 9.63% $76,500.00 $73,984.00
Bevarage sales $57,000.00 $58,621.00 $1,621.00 2.77% $62,500.00 $54,996.00
Function sales $88,160.00 $98,565.00 $10,405.00 10.56% $88,160.00 $76,536.00
Total revenue $216,160.00 $235,749.00 $19,589.00 8.31% $227,160.00 $205,516.00
Operating Expenses
Food cost $36,500.00 $44,225.00 -$7,725.00 -17.47% $37,500.00 $39,815.00
Beverage cost $19,500.00 $21,656.00 -$2,156.00 -9.96% $21,500.00 $16,458.00
Marketing $3,375.00 $1,140.00 $2,235.00 196.05% $3,375.00 $980.00
Rent $18,000.00 $18,000.00 $0.00 0.00% $18,000.00 $18,000.00
Telephones $500.00 $411.00 $89.00 21.65% $500.00 $489.00
Miscellaneous $1,500.00 $1,120.00 $380.00 33.93% $1,500.00 $1,365.00
Utilities $3,000.00 $3,800.00 -$800.00 -21.05% $3,000.00 $3,715.00
Wages-Base study $73,000.00 $74,822.00 -$1,822.00 -2.44% $75,000.00 $72,984.00
Superannuation $7,300.00 $7,482.00 -$182.00 -2.43% $7,500.00 $7,298.00
Total Operating Expenses $162,675.00 $172,656.00 -$9,981.00 -5.78% $167,875.00 $161,104.00
Net Profit or loss $53,485.00 $63,093.00 -$9,608.00 -15.23% $59,285.00 $44,412.00
% of Budgeted Revenue 24.74% 26.76% 26.10% 21.61%

Overall Variance for November and December

November December Variance
Variance %
Revenue
Food sales 9.63% -3.40% 6.23%
Bevarage sales 2.77% -13.64% -10.88%
Function sales 10.56% -15.19% -4.63%
Total revenue 8.31% -10.53% -2.22%
Operating Expenses
Food cost -17.47% -5.81% -23.28%
Beverage cost -9.96% 30.64% 20.68%
Marketing 196.05% 244.39% 440.44%
Rent 0.00% 0.00% 0.00%
Telephones 21.65% 2.25% 23.90%
Miscellaneous 33.93% 9.89% 43.82%
Utilities -21.05% -19.25% -40.30%
Wages-Base study -2.44% 2.76% 0.33%
Superannuation -2.43% 2.77% 0.34%
Total Operating Expenses -5.78% 4.20% -1.58%
Net Profit or loss -15.23% 33.49% 18.26%
% of Budgeted Revenue -6.92% 22.96% 16.04%
Variance $ Variance %

-$2,516.00 -3.40%
-$7,504.00 -13.64%
-$11,624.00 -15.19%
-$21,644.00 -10.53%

-$2,315.00 -5.81%
$5,042.00 30.64%
$2,395.00 244.39%
$0.00 0.00%
$11.00 2.25%
$135.00 9.89%
-$715.00 -19.25%
$2,016.00 2.76%
$202.00 2.77%
$6,771.00 4.20%
$14,873.00 33.49%