Company Name

Prodcution Schedule
For the Period Ended September 2001-February 2001
EXPECTED PRODUCTION CAPACITY
Week # June July August September October
1.00
2.00
3.00
4.00
5.00
Total Units 0.00 0.00 0.00 0.00 0.00
1,600.00 70.00 20.00 10.00 4.00
Table 36
Production Budget
We Want Waffle
Production Budget
For the Period Ended August 2019-April 2020
August September October November
American Chicken Waffle 300 330 363 399
Korean Chicken Waffle 340 374 411 453
Chinese Chicken Waffle 240 264 290 319
Total Production 880 968 1,065 1,171
Add: desired ending inventory 0 0 0 0
Total Needed Product 880 968 1,065 1,171
Less: desired beginning inventory 0 0 0 0

Total Units to be Produced 880 968 1,065 1,171

34 38 28

Table 37
Sales Projection
We Want Waffle
Sales Projection
For the Period Ended August 2019-April 2020
August September October November
American Chicken Waffle 300 330 363 399
Selling Price 64.00 64.00 64.00 64.00
Subtotal 19,200.00 21,120.00 23,232.00 25,555.20
Korean Chicken Waffle 340 374 411 453
Price per pack 64.00 64.00 64.00 64.00
Subtotal 21,760.00 23,936.00 26,329.60 28,962.56
Chinese Chicken Waffle 240 264 290 319
Selling Price 64.00 64.00 64.00 64.00
Subtotal 15,360.00 16,896.00 18,585.60 20,444.16
Units sold in promotion
Promo Price
Subtotal
Net Sales 56,320.00 61,952.00 68,147.20 74,961.92
 Fantastic Partnership
Subcontracting Budget
For the Period Ended June 2006-February
June July August September
Subcon Cost
Production Capacity
Subcon Expense 0.00 0.00 0.00 0.00

Table 38
Direct Labor Budget
We Want Waffle
Direct Labor Budget
For the Period Ended August 2019-April 2020
August September October November
# of workers 1 1 1 1
Labor Rate / month 7,384.00 7,384.00 7,384.00 7,384.00
Direct Labor Cost 7,384.00 7,384.00 7,384.00 7,384.00
13.5 per 50 grams per batch 9.5

Table 39
Direct Materials Budget
We Want Waffle
Direct Materials Budget
For the Period Ended August 2019-April 2020
August September October November
WWW Chicken Breading
Flour
Unit Cost 0.04 0.04 0.04 0.04
Quantity of Raw Material per Unit 4.29 4.29 4.29 4.29
Cost of Material per Unit 0.19 0.19 0.19 0.19
Production Capacity per Month 880.00 968.00 1,064.80 1,171.28
Cost of material per Month 165.94 182.54 200.79 220.87
Iodized salt
Unit Cost 0.06 0.06 0.06 0.06
Quantity of Raw Material per Unit 0.71 0.71 0.71 0.71
Cost of Material per Unit 0.04 0.08 0.08 0.08
Production Capacity per Month 880.00 968.00 1,064.80 1,171.28
Cost of material 35.20 75.89 83.48 91.83
Onion Powder
Unit Cost 0.33 0.33 0.33 0.33
Quantity of Raw Material per Unit 0.57 0.57 0.57 0.57
Cost of Material Per Unit 0.19 0.19 0.19 0.19
Production Capacity per Month 880.00 968.00 1,064.80 1,171.28
Cost of material per month 165.94 182.54 200.79 220.87
Five Spice Powder
Unit Cost 0.39 0.39 0.39 0.39
Quantity of Raw Material per Unit 0.57 0.57 0.57 0.57
Subtotal 0.22 0.22 0.22 0.22
Production Capacity per Month 880.00 968.00 1,064.80 1,171.28
Cost of material 196.11 215.73 237.30 261.03
Smoked Paprika
Unit Cost 1.50 1.50 1.50 1.50
Quantity of Raw Material per Unit 0.69 0.69 0.69 0.69
Subtotal 1.03 1.03 1.03 1.03
Production Capacity per Month 880.00 968.00 1,064.80 1,171.28
Cost of material 905.14 995.66 1,095.22 1,204.75
Cayenne Pepper
Unit Cost 0.65 0.65 0.65 0.65
Quantity of Raw Material per Unit 0.06 0.06 0.06 0.06
Subtotal 0.04 0.04 0.04 0.04
Production Capacity per Month 880.00 968.00 1,064.80 1,171.28
Cost of material 36.77 40.45 44.49 48.94
Cornstarch
Unit Cost 0.11 0.11 0.11 0.11
Quantity of Raw Material per Unit 4.29 4.29 4.29 4.29
Subtotal 0.48 0.48 0.48 0.48
Production Capacity per Month 880.00 968.00 1,064.80 1,171.28
Cost of material 424.29 466.71 513.39 564.72
Baking powder
Unit Cost 0.27 0.27 0.27 0.27
Quantity of Raw Material per Unit 0.29 0.29 0.29 0.29
Subtotal 0.08 0.08 0.08 0.08
Production Capacity per Month 880.00 968.00 1,064.80 1,171.28
Cost of material 67.89 74.67 82.14 90.36
Garlic Powder
Unit Cost 0.32 0.32 0.32 0.32
Quantity of Raw Material per Unit 0.57 0.57 0.57 0.57
Subtotal 0.18 0.18 0.18 0.18
Production Capacity per Month 880.00 968.00 1,064.80 1,171.28
Cost of material 158.40 174.24 191.66 210.83
Black pepper
Unit Cost 0.32 0.32 0.32 0.32
Quantity of Raw Material per Unit 0.29 0.29 0.29 0.29
Subtotal 0.09 0.09 0.09 0.09
Production Capacity /month 880.00 968.00 1,064.80 1,171.28
Cost of material 80.46 88.50 97.35 107.09
Stabilizer
Unit Cost 0.75 2.00 2.00 2.00
Quantity of Raw Material per Unit 0.04 0.04 0.04 0.04
Subtotal 0.03 0.07 0.07 0.07
Production Capacity per Month 880.00 968.00 1,064.80 1,171.28
Cost of material 23.57 69.14 76.06 83.66
TOTAL 2,259.71 2,566.07 2,822.68 3,104.95
Chicken Waffle
Flour
Unit Cost 0.04 0.04 0.04 0.04
Quantity of Raw Material per Unit 25.71 25.71 25.71 25.71
Cost of Material per Unit 1.13 1.13 1.13 1.13
Production Capacity per Month 880.00 968.00 1,064.80 1,171.28
Cost of material per Month 995.66 1,095.22 1,204.75 1,325.22
Cornmeal
Unit Cost 0.22 0.22 0.22 0.22
Quantity of Raw Material per Unit 8.57 8.57 8.57 8.57
Cost of Material per Unit 1.84 1.84 1.84 1.84
Production Capacity per Month 880.00 968.00 1,064.80 1,171.28
Cost of material per Month 1,621.71 1,783.89 1,962.27 2,158.50
Sugar
Unit Cost 0.05 0.05 0.05 0.05
Quantity of Raw Material per Unit 9.14 9.14 9.14 9.14
Cost of Material per Unit 0.46 0.46 0.46 0.46
Production Capacity per Month 880.00 968.00 1,064.80 1,171.28
Cost of material per Month 402.29 442.51 486.77 535.44
Milk
Unit Cost 0.07 0.07 0.07 0.07
Quantity of Raw Material per Unit 67.43 67.43 67.43 67.43
Subtotal 4.79 4.79 4.79 4.79
Production Capacity per Month 880.00 968.00 1,064.80 1,171.28
Cost of material 4,212.94 4,634.23 5,097.65 5,607.42
Vinegar
Unit Cost 0.05 0.05 0.05 0.05
Quantity of Raw Material per Unit 4.23 4.23 4.23 4.23
Subtotal 0.20 0.20 0.20 0.20
Production Capacity per Month 880.00 968.00 1,064.80 1,171.28
Cost of material 174.89 192.38 211.62 232.78
Baking Powder
Unit Cost 0.27 0.27 0.27 0.27
Quantity of Raw Material per Unit 1.36 1.36 1.36 1.36
Subtotal 0.37 0.37 0.37 0.37
Production Capacity per Month 880.00 968.00 1,064.80 1,171.28
Cost of material 322.46 354.70 390.17 429.19
Baking Soda
Unit Cost 0.12 0.12 0.12 0.12
Quantity of Raw Material per Unit 0.34 0.34 0.34 0.34
Subtotal 0.04 0.04 0.04 0.04
Production Capacity per Month 880.00 968.00 1,064.80 1,171.28
Cost of material 36.21 39.83 43.81 48.19
Vegetable Oil
Unit Cost 0.04 0.04 0.04 0.04
Quantity of Raw Material per Unit 8.46 8.46 8.46 8.46
Subtotal 0.34 0.34 0.34 0.34
Production Capacity per Month 880.00 968.00 1,064.80 1,171.28
Cost of material 297.69 327.46 360.21 396.23
Egg
Unit Cost 5.00 5.00 5.00 5.00
Quantity of Raw Material per Unit 0.29 0.29 0.29 0.29
Subtotal 1.43 1.43 1.43 1.43
Production Capacity per Month 880.00 968.00 1,064.80 1,171.28
Cost of material 1,257.14 1,382.86 1,521.14 1,673.26
Iodized salt
Unit Cost 0.06 0.06 0.06 0.06
Quantity of Raw Material per Unit 0.20 0.20 0.20 0.20
Subtotal 0.01 0.01 0.01 0.01
Production Capacity per Month 880.00 968.00 1,064.80 1,171.28
Cost of material 9.86 10.84 11.93 13.12
Chives
Unit Cost 0.55 0.55 0.55 0.55
Quantity of Raw Material per Unit 0.57 0.57 0.57 0.57
Subtotal 0.31 0.31 0.31 0.31
Production Capacity per Month 300.00 330.00 363.00 399.30
Cost of material 94.29 103.71 114.09 125.49
Maple Syrup
Unit Cost 0.26 0.26 0.26 0.26
Quantity of Raw Material per Unit 29.60 29.60 29.60 29.60
Subtotal 7.70 7.70 7.70 7.70
Production Capacity per Month 300.00 330.00 363.00 399.30
Cost of material 2,308.80 2,539.68 2,793.65 3,073.01
Sesame Seeds
Unit Cost 0.20 0.20 0.20 0.20
Quantity of Raw Material per Unit 0.57 0.57 0.57 0.57
Subtotal 0.11 0.77 0.77 0.77
Production Capacity per Month 340.00 374.00 411.40 452.54
Cost of material 38.86 288.51 317.37 349.10
TOTAL 11,772.78 13,195.83 14,515.42 15,966.96

Savoury Sauce
Tomato Sauce
Unit Cost 0.10 0.10 0.10 0.10
Quantity of Raw Material per Unit 6.43 6.43 6.43 6.43
Subtotal 0.62 0.62 0.62 0.62
Production Capacity per Month 340.00 374.00 411.40 452.54
Cost of material 209.83 230.81 253.89 279.28
Gochujang
Unit Cost 0.36 0.36 0.36 0.36
Quantity of Raw Material per Unit 2.43 2.43 2.43 2.43
Subtotal 0.87 0.87 0.87 0.87
Production Capacity per Month 340.00 374.00 411.40 452.54
Cost of material 297.26 326.98 359.68 395.65
Hoisin
Unit Cost 0.19 0.19 0.19 0.19
Quantity of Raw Material per Unit 4.86 4.86 4.86 4.86
Subtotal 0.92 0.92 0.92 0.92
Production Capacity per Month 340.00 374.00 411.40 452.54
Cost of material 313.77 345.15 379.66 417.63
Honey
Unit Cost 0.23 0.23 0.23 0.23
Quantity of Raw Material per Unit 8.93 8.93 8.93 8.93
Subtotal 2.02 2.02 2.02 2.02
Production Capacity per Month 340.00 374.00 411.40 452.54
Cost of material 686.07 754.68 830.15 913.16
Brown sugar
Unit Cost 0.05 0.05 0.05 0.05
Quantity of Raw Material per Unit 7.14 7.14 7.14 7.14
Subtotal 0.34 0.34 0.34 0.34
Production Capacity per Month 340.00 374.00 411.40 452.54
Cost of material 114.14 125.56 138.11 151.92
Soy Sauce
Unit Cost 0.22 0.22 0.22 0.22
Quantity of Raw Material per Unit 4.29 4.29 4.29 4.29
Subtotal 0.94 0.94 0.94 0.94
Production Capacity per Month 340.00 374.00 411.40 452.54
Cost of material 320.57 352.63 387.89 426.68
Garlic Powder
Unit Cost 0.32 0.32 0.32 0.32
Quantity of Raw Material per Unit 1.43 1.43 1.43 1.43
Subtotal 0.45 0.45 0.45 0.45
Production Capacity per Month 340.00 374.00 411.40 452.54
Cost of material 153.00 168.30 185.13 203.64
Sesame Oil
Unit Cost 0.16 0.16 0.16 0.16
Quantity of Raw Material per Unit 4.29 4.29 4.29 4.29
Subtotal 0.69 0.69 0.69 0.69
Production Capacity per Month 340.00 374.00 411.40 452.54
Cost of material 233.14 256.46 282.10 310.31
Iodized salt
Unit Cost 0.06 0.06 0.06 0.06
Quantity of Raw Material per Unit 0.20 0.20 0.20 0.20
Subtotal 0.01 0.01 0.01 0.01
Production Capacity per Month 340.00 374.00 411.40 452.54
Cost of material 3.81 4.19 4.61 5.07
TOTAL 2,331.59 2,564.75 2,821.23 3,103.35

Orange Glaze
Garlic Powder
Unit Cost 0.32 0.32 0.32 0.32
Quantity of Raw Material per Unit 1.43 1.43 1.43 1.43
Subtotal 0.45 0.45 0.45 0.45
Production Capacity per Month 240.00 264.00 290.40 319.44
Cost of material 108.00 118.80 130.68 143.75
Olive Oil
Unit Cost 0.95 0.95 0.95 0.95
Quantity of Raw Material per Unit 4.29 4.29 4.29 4.29
Subtotal 4.07 4.07 4.07 4.07
Production Capacity per Month 240.00 264.00 290.40 319.44
Cost of material 977.14 1,074.86 1,182.34 1,300.58
Hoisin
Unit Cost 0.19 0.19 0.19 0.19
Quantity of Raw Material per Unit 4.86 4.86 4.86 4.86
Subtotal 0.92 0.92 0.92 0.92
Production Capacity per Month 240.00 264.00 290.40 319.44
Cost of material 221.49 243.63 268.00 294.80
Orange Juice
Unit Cost 0.09 0.09 0.09 0.09
Quantity of Raw Material per Unit 25.36 25.36 25.36 25.36
Subtotal 2.28 2.28 2.28 2.28
Production Capacity per Month 240.00 264.00 290.40 319.44
Cost of material 547.71 602.49 662.73 729.01
Orange Zest
Unit Cost 25.00 25.00 25.00 25.00
Quantity of Raw Material per Unit 0.50 0.50 0.50 0.50
Subtotal 12.50 12.50 12.50 12.50
Production Capacity per Month 240.00 264.00 290.40 319.44
Cost of material 3,000.00 3,300.00 3,630.00 3,993.00
Soy Sauce
Unit Cost 0.22 0.22 0.22 0.22
Quantity of Raw Material per Unit 1.06 1.06 1.06 1.06
Subtotal 0.23 0.23 0.23 0.23
Production Capacity per Month 240.00 264.00 290.40 319.44
Cost of material 55.82 61.40 67.54 74.29
Brown Sugar
Unit Cost 0.05 0.05 0.05 0.05
Quantity of Raw Material per Unit 6.14 6.14 6.14 6.14
Subtotal 0.29 0.29 0.29 0.29
Production Capacity per Month 240.00 264.00 290.40 319.44
Cost of material 69.29 76.22 83.84 92.23
Five Spice Powder
Unit Cost 0.39 0.39 0.39 0.39
Quantity of Raw Material per Unit 0.30 0.30 0.30 0.30
Subtotal 0.12 0.12 0.12 0.12
Production Capacity per Month 240.00 264.00 290.40 319.44
Cost of material 28.08 30.89 33.98 37.37
Black Pepper
Unit Cost 0.32 0.32 0.32 0.32
Quantity of Raw Material per Unit 0.30 0.30 0.30 0.30
Subtotal 0.10 0.10 0.10 0.10
Production Capacity per Month 240.00 264.00 290.40 319.44
Cost of material 23.04 25.34 27.88 30.67
Iodized salt
Unit Cost 0.06 0.06 0.06 0.06
Quantity of Raw Material per Unit 0.20 0.20 0.20 0.20
Subtotal 0.01 0.01 0.01 0.01
Production Capacity per Month 240.00 264.00 290.40 319.44
Cost of material 2.69 2.96 3.25 3.58
Cornstarch
Unit Cost 0.50 0.50 0.50 0.50
Quantity of Raw Material per Unit 0.36 0.36 0.36 0.36
Subtotal 0.18 0.18 0.18 0.18
Production Capacity per Month 240.00 264.00 290.40 319.44
Cost of material 42.86 47.14 51.86 57.04
TOTAL 5,076.12 5,583.73 6,142.10 6,756.31
Plastic Packaging
Unit Cost 3.00 3.00 3.00 3.00
Quantity of Raw Material per Unit 1.00 1.00 1.00 1.00
Subtotal 3.00 3.00 3.00 3.00
Production Capacity per Month 880.00 968.00 1,064.80 1,171.28
Cost of material 2,640.00 2,904.00 3,194.40 3,513.84
TOTAL DIRECT MATERIALS 24,080.21 26,814.39 29,495.82 32,445.41

104.17
75.00

Table 40
Factory Overhead Budget
We Want Waffle
Factory Overhead Budget
For the Period Ended August 2019-April 2020
August September October November

Rent Expense - Factory 2,000.00 2,000.00 2,000.00 2,000.00

Depreciation - Kiosk 2,083.33 2,083.33 2,083.33 2,083.33
Depreciation - Waffle maker 876.25 876.25 876.25 876.25
Depreciation - Deep fryer 198.33 198.33 198.33 198.33
Depreciation - Freezer 833.33 833.33 833.33 833.33
Depreciation - Induction cookware 129.83 129.83 129.83 129.83
Depreciation - Wooden spoon 36.67 36.67 36.67 36.67
Depreciation - Funnel 10.00 10.00 10.00 10.00
Depreciation -Saucer 5.00 5.00 5.00 5.00
Depreciation - Whisk 44.00 44.00 44.00 44.00
Depreciation -Measuring spoon & cup 88.00 88.00 88.00 88.00
Depreciation - Induction cooker 250.00 250.00 250.00 250.00
Depreciation - Knife 31.33 31.33 31.33 31.33
Depreciation - Chopping board 31.33 31.33 31.33 31.33
Depreciation - Apron 10.00 10.00 10.00 10.00
Depreciation - Mixing bowl 50.00 50.00 50.00 50.00
Total Factory Overhead 6,677.40 6,677.40 6,677.40 6,677.40

Table 41
Cost of Goods Sold
We Want Waffle
Cost of Goods Sold
For the Period Ended August 2019-April 2020
August September October November
Direct Materials 24,080.21 26,814.39 29,495.82 32,445.41
Direct Labor 7,384.00 7,384.00 7,384.00 7,384.00
Factory Overhead 6,677.40 6,677.40 6,677.40 6,677.40
Total Cost of Good Manufactured 38,141.61 40,875.79 43,557.22 46,506.81
Add: Finish Goods, Beg. 0.00 0.00 0.00 0.00
Total Goods Available for sale 38,141.61 40,875.79 43,557.22 46,506.81
Less: Finished Goods, Ending 0.00 0.00 0.00 0.00
Total Cost of Goods Sold 38,141.61 40,875.79 43,557.22 46,506.81

Table 42
Operating Expense Budget
We Want Waffle
Operating Expense Budget
For the Period Ended August 2019-April 2020
August September October November
Bazaar Fee 1,500.00 1,500.00 1,500.00 1,500.00
Electricity 0.00 0.00 0.00 0.00
Ice 200.00 200.00 200.00 200.00
Mask 100.00 100.00 100.00 100.00
Transportation Expense 500.00 500.00 500.00 500.00
Organizational Cost 450.00 450.00 450.00 450.00
Total Operating Expense 2,750.00 2,750.00 2,750.00 2,750.00

Table 42
Income Statement
We Want Waffle
Income Statement
For the Period Ended August 2019-Ap
August September October November
Net Sales 56,320.00 61,952.00 68,147.20 74,961.92
Less: Cost of Goods Sold 38,141.61 40,875.79 43,557.22 46,506.81
Gross Profit 18,178.39 21,076.21 24,589.98 28,455.11
Less: Operating Expense 2,750.00 2,750.00 2,750.00 2,750.00
Net Income Before Tax 15,428.39 18,326.21 21,839.98 25,705.11
Less: Tax
Net Income After Tax 15,428.39 18,326.21 21,839.98 25,705.11

Table 43
Consolidated Income Statement
We Want Waffle
Consolidated Income Statement
For the Period Ended August 2019-April 2020
Net Sales
Less: Cost of Goods Sold
Gross Profit
Less: Operating Expense
Net Income Before Tax
Less: Tax
Net Income After Tax
Table 43
Projected Cash Flow
We Want Waffle
Projected Cash Flow
For the Period Ended August 2019-April 2020
August September October November
Cash Receipts
Cash Sales 56,320.00 61,952.00 68,147.20 74,961.92
Add: Initial Investment 50,000.00 0.00 0.00 0.00
Total Cash Receipts 106,320.00 61,952.00 68,147.20 74,961.92
Less: Cash Disbursements
Equipment Purchase 0.00 0.00 0.00 0.00
Raw Materials Purchased 24,080.21 26,814.39 29,495.82 32,445.41
Direct Labor 7,384.00 7,384.00 7,384.00 7,384.00
Factory Overhead 6,677.40 6,677.40 6,677.40 6,677.40
Subcon Cost 0.00 0.00 0.00 0.00
Operating Expenses 2,750.00 2,750.00 2,750.00 2,750.00
Taxes 0.00 0.00 0.00 0.00
Total Cash Disbursements 40,891.61 43,625.79 46,307.22 49,256.81
Net Cash Balance 65,428.39 18,326.21 21,839.98 25,705.11
Add: Depreciation 4,677.40 4,677.40 4,677.40 4,677.40
Cash Balance, beg. 0.00 70,105.79 93,109.41 119,626.78
Cash Balance, end 70,105.79 93,109.41 119,626.78 150,009.29

Table 44
Balance Sheet
We Want Waffle
Balance Sheet
For the Period Ended August 2019-April 2020
August September October November
Assets
Current Assets
Cash on Hand 70,105.79 93,109.41 119,626.78 150,009.29

Fixed Assets
Tools 41,251.00 36,573.60 31,896.20 27,218.80
Less: Accum. Depreciation 4,677.40 4,677.40 4,677.40 4,677.40
Total Fixed Assets 36,573.60 31,896.20 27,218.80 22,541.40

TOTAL ASSETS 106,679.39 125,005.61 146,845.58 172,550.69

Capital
WWW, Capital 2,000.00 9,714.20 18,877.30 29,797.29
2,000.00 9,714.20 18,877.30 29,797.29

Net Income 15,428.39 18,326.21 21,839.98 25,705.11

TOTAL WWW Capital 19,428.39 37,754.61 59,594.58 85,299.69
9,714.20 18,877.30 29,797.29 42,649.85
y Name
Schedule
mber 2001-February 2001
CTION CAPACITY
November December January February

0.00 0.00 0.00 0.00

35.00 35.00 30.00

ant Waffle
ion Budget
August 2019-April 2020
December January February March April
439 483 531 585 643
498 548 602 663 729
351 387 425 468 514
1,288 1,417 1,559 1,715 1,886
0 0 0 0 0
1,288 1,417 1,559 1,715 1,886
0 0 0 0 0

1,288 1,417 1,559 1,715 1,886

324 max per day 7776/24days

ant Waffle
Projection
August 2019-April 2020
December January February March April
439 483 531 585 643
64.00 64.00 64.00 64.00 64.00
28,110.72 30,921.79 34,013.97 37,415.37 41,156.91
498 548 602 663 729
64.00 64.00 64.00 64.00 64.00
31,858.82 35,044.70 38,549.17 42,404.08 46,644.49
351 387 425 468 514
64.00 64.00 64.00 64.00 64.00
22,488.58 24,737.43 27,211.18 29,932.29 32,925.52

82,458.11 90,703.92 99,774.32 109,751.75 120,726.92

 Fantastic Partnership
Subcontracting Budget
od Ended June 2006-February 2007
October November December January February

0.00 0.00 0.00 0.00 0.00

ant Waffle
abor Budget
August 2019-April 2020
December January February March April
1 1 1 1 1
7,384.00 7,384.00 7,384.00 7,384.00 7,384.00
7,384.00 7,384.00 7,384.00 7,384.00 7,384.00

ant Waffle
terials Budget
August 2019-April 2020
December January February March April

0.04 0.04 0.04 0.04 0.04

4.29 4.29 4.29 4.29 4.29
0.19 0.19 0.19 0.19 0.19
1,288.41 1,417.25 1,558.97 1,714.87 1,886.36
242.96 267.25 293.98 323.38 355.71

0.06 0.06 0.06 0.06 0.06

0.71 0.71 0.71 0.71 0.71
0.08 0.08 0.08 0.08 0.08
1,288.41 1,417.25 1,558.97 1,714.87 1,886.36
101.01 111.11 122.22 134.45 147.89

0.33 0.33 0.33 0.33 0.33

0.57 0.57 0.57 0.57 0.57
0.19 0.19 0.19 0.19 0.19
1,288.41 1,417.25 1,558.97 1,714.87 1,886.36
242.96 267.25 293.98 323.38 355.71

0.39 0.39 0.39 0.39 0.39

0.57 0.57 0.57 0.57 0.57
 0.22 0.22 0.22 0.22 0.22
1,288.41 1,417.25 1,558.97 1,714.87 1,886.36
287.13 315.84 347.43 382.17 420.39

1.50 1.50 1.50 1.50 1.50

0.69 0.69 0.69 0.69 0.69
1.03 1.03 1.03 1.03 1.03
1,288.41 1,417.25 1,558.97 1,714.87 1,886.36
1,325.22 1,457.74 1,603.52 1,763.87 1,940.25

0.65 0.65 0.65 0.65 0.65

0.06 0.06 0.06 0.06 0.06
0.04 0.04 0.04 0.04 0.04
1,288.41 1,417.25 1,558.97 1,714.87 1,886.36
53.84 59.22 65.14 71.66 78.82

0.11 0.11 0.11 0.11 0.11

4.29 4.29 4.29 4.29 4.29
0.48 0.48 0.48 0.48 0.48
1,288.41 1,417.25 1,558.97 1,714.87 1,886.36
621.20 683.32 751.65 826.81 909.49

0.27 0.27 0.27 0.27 0.27

0.29 0.29 0.29 0.29 0.29
0.08 0.08 0.08 0.08 0.08
1,288.41 1,417.25 1,558.97 1,714.87 1,886.36
99.39 109.33 120.26 132.29 145.52

0.32 0.32 0.32 0.32 0.32

0.57 0.57 0.57 0.57 0.57
0.18 0.18 0.18 0.18 0.18
1,288.41 1,417.25 1,558.97 1,714.87 1,886.36
231.91 255.10 280.62 308.68 339.54

0.32 0.32 0.32 0.32 0.32

0.29 0.29 0.29 0.29 0.29
0.09 0.09 0.09 0.09 0.09
1,288.41 1,417.25 1,558.97 1,714.87 1,886.36
117.80 129.58 142.53 156.79 172.47

2.00 2.00 2.00 2.00 2.00

0.04 0.04 0.04 0.04 0.04
0.07 0.07 0.07 0.07 0.07
1,288.41 1,417.25 1,558.97 1,714.87 1,886.36
92.03 101.23 111.36 122.49 134.74
3,415.44 3,756.98 4,132.68 4,545.95 5,000.55

0.04 0.04 0.04 0.04 0.04

25.71 25.71 25.71 25.71 25.71
 1.13 1.13 1.13 1.13 1.13
1,288.41 1,417.25 1,558.97 1,714.87 1,886.36
1,457.74 1,603.52 1,763.87 1,940.25 2,134.28

0.22 0.22 0.22 0.22 0.22

8.57 8.57 8.57 8.57 8.57
1.84 1.84 1.84 1.84 1.84
1,288.41 1,417.25 1,558.97 1,714.87 1,886.36
2,374.35 2,611.79 2,872.97 3,160.26 3,476.29

0.05 0.05 0.05 0.05 0.05

9.14 9.14 9.14 9.14 9.14
0.46 0.46 0.46 0.46 0.46
1,288.41 1,417.25 1,558.97 1,714.87 1,886.36
588.99 647.89 712.67 783.94 862.34

0.07 0.07 0.07 0.07 0.07

67.43 67.43 67.43 67.43 67.43
4.79 4.79 4.79 4.79 4.79
1,288.41 1,417.25 1,558.97 1,714.87 1,886.36
6,168.16 6,784.98 7,463.48 8,209.82 9,030.80

0.05 0.05 0.05 0.05 0.05

4.23 4.23 4.23 4.23 4.23
0.20 0.20 0.20 0.20 0.20
1,288.41 1,417.25 1,558.97 1,714.87 1,886.36
256.06 281.67 309.83 340.82 374.90

0.27 0.27 0.27 0.27 0.27

1.36 1.36 1.36 1.36 1.36
0.37 0.37 0.37 0.37 0.37
1,288.41 1,417.25 1,558.97 1,714.87 1,886.36
472.11 519.32 571.25 628.38 691.22

0.12 0.12 0.12 0.12 0.12

0.34 0.34 0.34 0.34 0.34
0.04 0.04 0.04 0.04 0.04
1,288.41 1,417.25 1,558.97 1,714.87 1,886.36
53.01 58.31 64.14 70.55 77.61

0.04 0.04 0.04 0.04 0.04

8.46 8.46 8.46 8.46 8.46
0.34 0.34 0.34 0.34 0.34
1,288.41 1,417.25 1,558.97 1,714.87 1,886.36
435.85 479.44 527.38 580.12 638.13

5.00 5.00 5.00 5.00 5.00

0.29 0.29 0.29 0.29 0.29
1.43 1.43 1.43 1.43 1.43
1,288.41 1,417.25 1,558.97 1,714.87 1,886.36
 1,840.58 2,024.64 2,227.11 2,449.82 2,694.80

0.06 0.06 0.06 0.06 0.06

0.20 0.20 0.20 0.20 0.20
0.01 0.01 0.01 0.01 0.01
1,288.41 1,417.25 1,558.97 1,714.87 1,886.36
14.43 15.87 17.46 19.21 21.13

0.55 0.55 0.55 0.55 0.55

0.57 0.57 0.57 0.57 0.57
0.31 0.31 0.31 0.31 0.31
439.23 483.15 531.47 584.62 643.08
138.04 151.85 167.03 183.74 202.11

0.26 0.26 0.26 0.26 0.26

29.60 29.60 29.60 29.60 29.60
7.70 7.70 7.70 7.70 7.70
439.23 483.15 531.47 584.62 643.08
3,380.31 3,718.35 4,090.18 4,499.20 4,949.12

0.20 0.20 0.20 0.20 0.20

0.57 0.57 0.57 0.57 0.57
0.77 0.77 0.77 0.77 0.77
497.79 547.57 602.33 662.56 728.82
384.01 422.41 464.66 511.12 562.23
17,563.65 19,320.02 21,252.02 23,377.22 25,714.95

0.10 0.10 0.10 0.10 0.10

6.43 6.43 6.43 6.43 6.43
0.62 0.62 0.62 0.62 0.62
497.79 547.57 602.33 662.56 728.82
307.21 337.93 371.72 408.90 449.79

0.36 0.36 0.36 0.36 0.36

2.43 2.43 2.43 2.43 2.43
0.87 0.87 0.87 0.87 0.87
497.79 547.57 602.33 662.56 728.82
435.21 478.74 526.61 579.27 637.20

0.19 0.19 0.19 0.19 0.19

4.86 4.86 4.86 4.86 4.86
0.92 0.92 0.92 0.92 0.92
497.79 547.57 602.33 662.56 728.82
459.39 505.33 555.87 611.45 672.60

0.23 0.23 0.23 0.23 0.23

8.93 8.93 8.93 8.93 8.93
 2.02 2.02 2.02 2.02 2.02
497.79 547.57 602.33 662.56 728.82
1,004.48 1,104.92 1,215.42 1,336.96 1,470.66

0.05 0.05 0.05 0.05 0.05

7.14 7.14 7.14 7.14 7.14
0.34 0.34 0.34 0.34 0.34
497.79 547.57 602.33 662.56 728.82
167.12 183.83 202.21 222.43 244.68

0.22 0.22 0.22 0.22 0.22

4.29 4.29 4.29 4.29 4.29
0.94 0.94 0.94 0.94 0.94
497.79 547.57 602.33 662.56 728.82
469.35 516.28 567.91 624.70 687.17

0.32 0.32 0.32 0.32 0.32

1.43 1.43 1.43 1.43 1.43
0.45 0.45 0.45 0.45 0.45
497.79 547.57 602.33 662.56 728.82
224.01 246.41 271.05 298.15 327.97

0.16 0.16 0.16 0.16 0.16

4.29 4.29 4.29 4.29 4.29
0.69 0.69 0.69 0.69 0.69
497.79 547.57 602.33 662.56 728.82
341.34 375.48 413.03 454.33 499.76

0.06 0.06 0.06 0.06 0.06

0.20 0.20 0.20 0.20 0.20
0.01 0.01 0.01 0.01 0.01
497.79 547.57 602.33 662.56 728.82
5.58 6.13 6.75 7.42 8.16
3,413.69 3,755.05 4,130.56 4,543.62 4,997.98

0.32 0.32 0.32 0.32 0.32

1.43 1.43 1.43 1.43 1.43
0.45 0.45 0.45 0.45 0.45
351.38 386.52 425.17 467.69 514.46
158.12 173.94 191.33 210.46 231.51

0.95 0.95 0.95 0.95 0.95

4.29 4.29 4.29 4.29 4.29
4.07 4.07 4.07 4.07 4.07
351.38 386.52 425.17 467.69 514.46
1,430.63 1,573.70 1,731.07 1,904.17 2,094.59
 0.19 0.19 0.19 0.19 0.19
4.86 4.86 4.86 4.86 4.86
0.92 0.92 0.92 0.92 0.92
351.38 386.52 425.17 467.69 514.46
324.28 356.70 392.38 431.61 474.77

0.09 0.09 0.09 0.09 0.09

25.36 25.36 25.36 25.36 25.36
2.28 2.28 2.28 2.28 2.28
351.38 386.52 425.17 467.69 514.46
801.91 882.10 970.31 1,067.34 1,174.07

25.00 25.00 25.00 25.00 25.00

0.50 0.50 0.50 0.50 0.50
12.50 12.50 12.50 12.50 12.50
351.38 386.52 425.17 467.69 514.46
4,392.30 4,831.53 5,314.68 5,846.15 6,430.77

0.22 0.22 0.22 0.22 0.22

1.06 1.06 1.06 1.06 1.06
0.23 0.23 0.23 0.23 0.23
351.38 386.52 425.17 467.69 514.46
81.72 89.89 98.88 108.77 119.65

0.05 0.05 0.05 0.05 0.05

6.14 6.14 6.14 6.14 6.14
0.29 0.29 0.29 0.29 0.29
351.38 386.52 425.17 467.69 514.46
101.45 111.59 122.75 135.03 148.53

0.39 0.39 0.39 0.39 0.39

0.30 0.30 0.30 0.30 0.30
0.12 0.12 0.12 0.12 0.12
351.38 386.52 425.17 467.69 514.46
41.11 45.22 49.75 54.72 60.19

0.32 0.32 0.32 0.32 0.32

0.30 0.30 0.30 0.30 0.30
0.10 0.10 0.10 0.10 0.10
351.38 386.52 425.17 467.69 514.46
33.73 37.11 40.82 44.90 49.39

0.06 0.06 0.06 0.06 0.06

0.20 0.20 0.20 0.20 0.20
0.01 0.01 0.01 0.01 0.01
351.38 386.52 425.17 467.69 514.46
3.94 4.33 4.76 5.24 5.76

0.50 0.50 0.50 0.50 0.50

0.36 0.36 0.36 0.36 0.36
 0.18 0.18 0.18 0.18 0.18
351.38 386.52 425.17 467.69 514.46
62.75 69.02 75.92 83.52 91.87
7,431.94 8,175.14 8,992.65 9,891.92 10,881.11

3.00 3.00 3.00 3.00 3.00

1.00 1.00 1.00 1.00 1.00
3.00 3.00 3.00 3.00 3.00
1,288.41 1,417.25 1,558.97 1,714.87 1,886.36
3,865.22 4,251.75 4,676.92 5,144.61 5,659.07
35,689.95 39,258.94 43,184.84 47,503.32 52,253.65

ant Waffle
verhead Budget
August 2019-April 2020
December January February March April

2,000.00 2,000.00 2,000.00 2,000.00 2,000.00

2,083.33 2,083.33 2,083.33 2,083.33 2,083.33
876.25 876.25 876.25 876.25 876.25
198.33 198.33 198.33 198.33 198.33
833.33 833.33 833.33 833.33 833.33
129.83 129.83 129.83 129.83 129.83
36.67 36.67 36.67 36.67 36.67
10.00 10.00 10.00 10.00 10.00
5.00 5.00 5.00 5.00 5.00
44.00 44.00 44.00 44.00 44.00
88.00 88.00 88.00 88.00 88.00
250.00 250.00 250.00 250.00 250.00
31.33 31.33 31.33 31.33 31.33
31.33 31.33 31.33 31.33 10.44
10.00 10.00 10.00 10.00 10.00
50.00 50.00 50.00 50.00 50.00
6,677.40 6,677.40 6,677.40 6,677.40 6,656.51

ant Waffle
Goods Sold
August 2019-April 2020
December January February March April
35,689.95 39,258.94 43,184.84 47,503.32 52,253.65
7,384.00 7,384.00 7,384.00 7,384.00 7,384.00
6,677.40 6,677.40 6,677.40 6,677.40 6,656.51
 49,751.35 53,320.34 57,246.24 61,564.72 66,294.16
0.00 0.00 0.00 0.00 0.00
49,751.35 53,320.34 57,246.24 61,564.72 66,294.16
0.00 0.00 0.00 0.00 0.00
49,751.35 53,320.34 57,246.24 61,564.72 66,294.16

ant Waffle
Expense Budget
August 2019-April 2020
December January February March April
1,500.00 1,500.00 1,500.00 1,500.00 1,500.00
0.00 0.00 0.00 0.00 0.00
200.00 200.00 200.00 200.00 200.00
100.00 100.00 100.00 100.00 100.00
500.00 500.00 500.00 500.00 500.00
450.00 450.00 450.00 450.00 450.00
2,750.00 2,750.00 2,750.00 2,750.00 2,750.00

We Want Waffle
Income Statement
eriod Ended August 2019-April 2020
December January February March April Consolidated
82,458.11 90,703.92 99,774.32 109,751.75 120,726.92 764,796.14
49,751.35 53,320.34 57,246.24 61,564.72 66,294.16 457,258.24
32,706.76 37,383.58 42,528.08 48,187.03 54,432.76 307,537.90
2,750.00 2,750.00 2,750.00 2,750.00 2,750.00 24,750.00
29,956.76 34,633.58 39,778.08 45,437.03 51,682.76 282,787.90
22,623.03
29,956.76 34,633.58 39,778.08 45,437.03 29,059.73 260,164.87

ffle
Statement

764,796.14
457,258.24
307,537.90
24,750.00
282,787.90
22,623.03
260,164.87
ant Waffle
d Cash Flow
August 2019-April 2020
December January February March April

82,458.11 90,703.92 99,774.32 109,751.75 120,726.92

0.00 0.00 0.00 0.00 0.00
82,458.11 90,703.92 99,774.32 109,751.75 120,726.92

0.00 0.00 0.00 0.00 0.00

35,689.95 39,258.94 43,184.84 47,503.32 52,253.65
7,384.00 7,384.00 7,384.00 7,384.00 7,384.00
6,677.40 6,677.40 6,677.40 6,677.40 6,656.51
0.00 0.00 0.00 0.00 0.00
2,750.00 2,750.00 2,750.00 2,750.00 2,750.00
0.00 0.00 0.00 0.00 22,623.03
52,501.35 56,070.34 59,996.24 64,314.72 91,667.20
29,956.76 34,633.58 39,778.08 45,437.03 29,059.73
4,677.40 4,677.40 4,677.40 4,677.40 4,656.51
150,009.29 184,643.46 223,954.44 268,409.91 318,524.34
184,643.46 223,954.44 268,409.91 318,524.34 352,240.58

ant Waffle
nce Sheet
August 2019-April 2020
December January February March April

184,643.46 223,954.44 268,409.91 318,524.34 352,240.58

22,541.40 17,864.00 13,186.60 8,509.20 3,831.80

4,677.40 4,677.40 4,677.40 4,677.40 4,656.51
17,864.00 13,186.60 8,509.20 3,831.80 -824.71

202,507.46 237,141.04 276,919.11 322,356.14 351,415.87

42,649.85 57,628.23 74,945.02 94,834.06 117,552.57

42,649.85 57,628.23 74,945.02 94,834.06 117,552.57

29,956.76 34,633.58 39,778.08 45,437.03 29,059.73

115,256.46 149,890.04 189,668.11 235,105.14 264,164.87
 Production Budget
For the period ended August 2019 - April 2020
Ameri ca n Chi cken Waffle Korea n Chi cken Waffle Chi nes e Chicken Waffle
800

700
66

600 602
58
548
531
500 498
483
46
453
439
425
411
400 399
387
374
363
351
340 330
319
300 300 290
264
240
200

100

0
August September October November December January February March

Sales Projection
For the period ended August 2019 - April 2020
American Chicken Waffle Korean Chicken Waffle Chinese Chicken Waffle
50,000.00

45,000.00

42,404
40,000.00
38,549.17
37,415
35,000.00 35,044.70
34,013.97
31,858.82
30,921.79
 American Chicken Waffle Korean Chicken Waffle Chinese Chicken Waffle
50,000.00

45,000.00

42,404
40,000.00
38,549.17
37,415
35,000.00 35,044.70
34,013.97
31,858.82
30,921.79
30,000.00 29,932
28,962.56
28,110.72
27,211.18
26,329.60
25,000.00 25,555.20
24,737.43
23,936.00
23,232.00
22,488.58
21,760.00 21,120.00
20,000.00 20,444.16
19,200.00 18,585.60
16,896.00
15,000.00 15,360.00

10,000.00

66,456.00
5,000.00

0.00
August September October November December January February March
 Direct Materials Budget
For the period ended August 2019 - April 2020
Direct Materi a ls Budget
60,000.00

50,000.00
47,503

43,184.84

40,000.00 39,258.94

35,689.95

32,445.41
30,000.00 29,495.82
26,814.39
24,080.21

20,000.00

10,000.00
 32,445.41
30,000.00 29,495.82
26,814.39
24,080.21

20,000.00

10,000.00

0.00
August September October November December January February March

Cost Of Goods Sold

For the period ended August 2019 - April 2020
Cost Of Goods Sold
70,000.00

61,564
60,000.00
57,246.24

53,320.34
50,000.00 49,751.35
46,506.81
43,557.22
40,000.00 40,875.79
38,141.61

30,000.00
60,075.71

20,000.00

10,000.00

0.00
August September October November December January February March
10,000.00

0.00
August September October November December January February March

Income Statement
For the period ended August 2019 - April 2020
Income Statement
50,000.00

45,000.00 45,437

40,000.00 39,778.08

35,000.00 34,633.58

30,000.00 29,956.76

25,705.11
25,000.00

21,839.98
20,000.00
18,326.21

15,000.00 15,428.39

10,000.00

5,000.00
Projected Cash Flow
0.00 For the period ended August 2019 - April 2020
August September October November December
Row 469 January February March
400,000.00

350,000.00

318,524
300,000.00

268,409.91
 Row 469
400,000.00

350,000.00

318,524
300,000.00

268,409.91
250,000.00

223,954.44

200,000.00
184,643.46

150,000.00 150,009.29

119,626.78
100,000.00
93,109.41

70,105.79
50,000.00

0.00
August September October November December January February March

Balance Sheet
For the period ended August 2019 - April 2020
WWW Ca pita l
300,000.00

250,000.00
235,105

200,000.00
189,668.11

150,000.00 149,890.04

115,256.46

100,000.00
85,299.69
200,000.00
189,668.11

150,000.00 149,890.04

115,256.46

100,000.00
85,299.69

59,594.58
50,000.00
37,754.61

19,428.39

0.00
August September October November December January February March
Budget
st 2019 - April 2020
ffle Chi nes e Chicken Waffle

729

663
643
602
585
548
531
514
483
468

425
387

January February March April

on
2019 - April 2020
Chinese Chicken Waffle

46,644.49

42,404.08
41,156.91

38,549.17
37,415.37
35,044.70
34,013.97
32,925.52
2
30,921.79
 Chinese Chicken Waffle

46,644.49

42,404.08
41,156.91

38,549.17
37,415.37
35,044.70
34,013.97
32,925.52
2
30,921.79
29,932.29

27,211.18
24,737.43
8

January February March April

Budget
2019 - April 2020

52,253.65

47,503.32

43,184.84

39,258.94
 January February March April

Sold
2019 - April 2020

66,294.16

61,564.72

57,246.24

53,320.34

January February March April

 January February March April

ment
2019 - April 2020

45,437.03

39,778.08

34,633.58

29,059.73

Flow
2019 - April 2020
January February March April

352,240.58

318,524.34

268,409.91
 352,240.58

318,524.34

268,409.91

223,954.44

January February March April

et
2019 - April 2020

264,164.87

235,105.14

189,668.11

149,890.04

6
 189,668.11

149,890.04

January February March April