Since 1996, JaxWorks has offered a suite of Free Excel workbooks and spreadsheets, and associated MS Word, PDF

and HTML
documents, that cover a number of financial, accounting and sales functions. These are invaluable small business tools.

Also included Free are:

- business plan tools, including spreadsheets and excellent instructions
- Excel functions glossary and guide;
- free training courses for most Microsoft Office applications. These guides are in PDF format and rival commercial books!
- comprehensive list of acronyms, ratios and formulas in customer financial analysis, and financial terms;
- suite of online calculators, including, breakeven analysis, productivity analysis, business evaluation;
- Altman Z-Score (covering publicly and privately held firms, and small businesses);
- and payroll analysis.

If you are involved in financial analysis at any level, or want to learn more about MS Excel and other applications in the Office suite
this site is invaluable.

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 Quarterly Budget Analysis
May 2, 2023
XYZ Manufacturing, Inc.
For the Quarter Ending: 03/31/09

This Quarter Year-to-Date

Budget Item Budget Actual Variance Budget Actual Variance
Sales Revenue $500,000 $550,000 $50,000 $1,000,000 $1,200,000 $200,000
Cost of sales 300,000 320,000 20,000 600,000 640,000 40,000
Gross Profits $200,000 $230,000 $30,000 $400,000 $560,000 $160,000
Variable Expenses
Selling Expenses $100,000 $120,000 $20,000 $200,000 $240,000 $40,000
Inspection 10,000 8,000 (2,000) 20,000 16,000 (4,000)

Total Variable Expenses $110,000 $128,000 $18,000 $220,000 $256,000 $36,000

Fixed Expenses
Rent $60,000 $70,000 $10,000 $120,000 $150,000 $30,000
Depreciation 20,000 19,000 (1,000) 40,000 38,000 (2,000)

Total Fixed Expenses $80,000 $89,000 $9,000 $160,000 $188,000 $28,000

Income From Operations $10,000 $13,000 $3,000 $20,000 $116,000 $96,000
Interest Income 2,000 3,000 1,000 4,000 6,000 2,000
Interest Expense 1,000 1,500 500 2,000 3,000 1,000
Net Income Before Taxes $7,000 $8,500 $1,500 $14,000 $107,000 $93,000
Taxes 2,000 1,500 (500) 4,000 3,000 (1,000)
Net Income After Taxes $5,000 $7,000 $2,000 $10,000 $104,000 $94,000

Non-Income Statement Items

Loan Repayments 14,000 13,000 (1,000) 28,000 26,000 (2,000)
Owner Withdrawals (or dividends) 20,000 25,000 5,000 20,000 25,000 5,000
Fixed Asset Expenditures 100,000 90,000 (10,000) 100,000 90,000 (10,000)

© Copyright, 2010, Jaxworks, All Rights Reserved.