This document is Café Quarterly Budget for the unit SITXFIN009

Account Month 1 Month 2 Month 3

Income
Food sales 36.000 36.000 52.000
Beverage sales 24.000 24.000 40.000
Catering fees 10.000 10.000 5.000
Total income 70.000 70.000 97.000

Cost of sales
Food purchases 15.000 15.000 24.000
Beverage purchases 5.000 5.000 12.000
Total cost of sales 20.000 20.000 36.000

Gross profit 50.000 50.000 61.000

Operating Expenses
Wages 17.000 17.000 21.000
Insurance 600 600 600
Utilities 2.000 2.000 2.000
Rent 5.000 5.000 5.000
Marketing 2.000 2.000 2.000
Phone 100 100 100
Live music 500 500 500
Repairs and maintenance 500 500 500

Total operating expenses 27.700 27.700 31.700

Net profit/loss 22.300 22.300 29.300
This document is Quarterly budget for the unit SITXFIN009

Last month's cost of sales

Last month's food and beverage budget: $20,000

Supplier Category Cost
Fresh Farms (meat) Food $8.500
Donna's wholesale pastries (cakes and pastries) Food $2.000
Wild Beans (coffee beans and flavoured syrups) Beverages $4.000
Fizzy Lizzy (soft drinks) Beverages $1.200
Fromo Fruits (fruit for smoothies) Beverages $1.000
Byron's Baking Supplies Food $500
Coles (milk and sundries) Food $1.500
Ferguson Family Farms (vegetable crates) Food $2.000

Total $20.700

Food sales $14.500

Beverage sales $6.200
This document is Quarterly budget for the unit SITXFIN009

Fund allocation
Food
Type Month 1 Month 2 Month 3 Notes Month 1 Notes Month 2 Notes Month 3
Fresh Farms (meat) $9.010,00 $9.010,00 $14.416,00 Meat increased by 7% new supplier only 6% increase Remain same Increased due to more expected sales and demand 1.6 times
Donna's wholesale pastries (cakes and pastries) $2.000,00 $2.000,00 $3.200,00 Remain same Increased due to more expected sales and demand 1.6 times
Byrons's Baking Supplies $490,00 $490,00 $784,00 Baking supplies were reduced due to the new menu Remain same Increased due to more expected sales and demand 1.6 times
Coles (milk and sundries) $1.500,00 $1.500,00 $2.400,00 Remain same Increased due to more expected sales and demand 1.6 times
Ferguson Family Farms (vegetable crates) $2.000,00 $2.000,00 $3.200,00 Remain same Increased due to more expected sales and demand 1.6 times

Total $15.000,00 $15.000,00 $24.000,00

Beverages
Type Month 1 Month 2 Month 3
Wild Beans (coffee beans and flavoured syrups) $3.200,00 $3.200,00 $7.680,00 New Colombiam supplier $800 cheaper Remain same Increased due to more expected sales and demand 2.4 times
Fizzy Lizzy (soft drinks) $1.200,00 $1.200,00 $2.880,00 Remain same Increased due to more expected sales and demand 2.4 times
Fromo Fruits (fruit for smoorthies) $600,00 $600,00 $1.440,00 Reduced by $400 reduced wastage Remain same Increased due to more expected sales and demand 2.4 times

Total $5.000,00 $5.000,00 $12.000,00

Combined total $20.000,00 $20.000,00 $36.000,00

Variance

Account Month 1 Budgeted Actual Month 2 Budgeted Actual Month 3 Budgeted Actual Variances month 3
Income
Food sales $36.000,00 $36.500,00 $36.000,00 $35.800,00 $52.000,00 $34.000,00 -34,62% Negative
Beverage sales $24.000,00 $23.000,00 $24.000,00 $24.500,00 $40.000,00 $21.000,00 -47,50% Negative
Catering fees $10.000,00 $10.000,00 $10.000,00 $10.200,00 $5.000,00 $7.200,00 44,00% Positive
Total income $70.000,00 $69.500,00 $70.000,00 $70.500,00 $97.000,00 $62.200,00 -35,88% Negative

Cost of sales
Food purchases $15.000,00 $15.000,00 $15.000,00 $15.000,00 $24.000,00 $17.250,00 -28,13% Positive
Beverage purchases $5.000,00 $5.000,00 $5.000,00 $5.000,00 $12.000,00 $6.000,00 -50,00% Positive
Total cost of sales $20.000,00 $20.000,00 $20.000,00 $20.000,00 $36.000,00 $23.250,00 -35,42% Positive

Gross profit $50.000,00 $50.000,00 $61.000,00 $38.950,00 -36,15% Negative

Operating Expenses
Wages $17.000,00 $17.000,00 $21.000,00 No change there
Insurance $600,00 $600,00 $600,00
Utilities $2.000,00 $2.000,00 $2.000,00
Rent $5.000,00 $5.000,00 $5.000,00
Marketing $2.000,00 $2.000,00 $2.000,00
Phone $100,00 $100,00 $100,00
Live music $500,00 $500,00 $500,00
Repairs and maintenance $500,00 $500,00 $500,00

Total operating expenses $27.700,00 $27.700,00 $31.700,00

Net profit/loss $22.300,00 $22.300,00 $29.300,00