• Cost of Goods Sold Statement - see COGS Statement sheet - Prepare a cost of goods sold statement for Harsh Electricals.

• Pro Forma Income Statement - see Proforma Inc Stmt sheet - Using Harsh Electricals' product and period costs, create a projected income statement for the calendar year 2014.

• CVP Analysis - see CVP Analysis sheet - Create a cost-volume-profit analysis for Harsh Electricals.

• Break Even Calculation - see BE Calc sheet - Calculate Harsh Electricals' BEP in terms of units and volume.

• Target Profit Calculation - see Target Profit Calc sheet - Calculate the number of units that Harsh Electricals must sell to match the level of profit earned in financial year 2010-2011.

Sales COGS Gross Profit Marketing and Promotional Expens General and Admin Expenses Repair and Replacement Costs EBITA Depreciation and Amortization Interest Earnings before Tax: Net income ROI Tax Rate 10 per kwh-state mandated charge off-season rates were 1000 units minimum minimum costs = 1000units 10 per kwh 1000 total per month Wotkhop Electricity: fin season-6 STD Model faleno Model Maintenance factory tiehtine Workthop tlectricityi (OHf-seawon) Factory tiehting Totat Workshop Electricity factory represents 1050 sa ft out of 1200 115850 Otfice Hlectricity Ortise Computer Ottice Lighting Off-searon electricity 52500 Total Electricity Costs 16500 office represents 150ya ft out of 1200 132350 \begin{tabular}{l|l} Direct Overhead & Drilieg Bits \\ Direst Overtead & Power 910/ unit \\ Total Direct Overtead (Variable) \end{tabular} Intiret Overhead fate 9.26 Tota 9rakust Cesti Reverve pervent Grow Prokit Indirect Overhead Indirect Overhead Indirect Overheas Indirest Overhess Indirect Overhead indirect Overhess Indirest Overheas Indirect Overhesd Tetal indirect Overtese 22315122781 Beginning Balance - Raw Materbls Add: Purchases of Raw Materials 30 Total Direct Materials (Consumed) Total Direct Labor Direct Overteads - Drill Bits Units Drill Bit Cost Total Units Direct Overheard - Power Eopens STOModelBalenoModel Power Total Prime Costs Manulacturing Overhead: Units Supenisors Salary (Nageih) Total Cost of Production Add Beginnieg Whs Las Eneling Wi? Cost of Goods Monufoctured fo aed beriening PO Leas Eneling 7 39 570 Mad 8aine mese Goods sold Cost of Goods Sold statement for Calendar Year Harsh Electricals CVP Analysis Rraak Even Calculation Desired Profit Calculation Sales COGS Gross Profit Marketing and Promotional Expens General and Admin Expenses Repair and Replacement Costs EBITA Depreciation and Amortization Interest Earnings before Tax: Net income ROI Tax Rate 10 per kwh-state mandated charge off-season rates were 1000 units minimum minimum costs = 1000units 10 per kwh 1000 total per month Wotkhop Electricity: fin season-6 STD Model faleno Model Maintenance factory tiehtine Workthop tlectricityi (OHf-seawon) Factory tiehting Totat Workshop Electricity factory represents 1050 sa ft out of 1200 115850 Otfice Hlectricity Ortise Computer Ottice Lighting Off-searon electricity 52500 Total Electricity Costs 16500 office represents 150ya ft out of 1200 132350 \begin{tabular}{l|l} Direct Overhead & Drilieg Bits \\ Direst Overtead & Power 910/ unit \\ Total Direct Overtead (Variable) \end{tabular} Intiret Overhead fate 9.26 Tota 9rakust Cesti Reverve pervent Grow Prokit Indirect Overhead Indirect Overhead Indirect Overheas Indirest Overhess Indirect Overhead indirect Overhess Indirest Overheas Indirect Overhesd Tetal indirect Overtese 22315122781 Beginning Balance - Raw Materbls Add: Purchases of Raw Materials 30 Total Direct Materials (Consumed) Total Direct Labor Direct Overteads - Drill Bits Units Drill Bit Cost Total Units Direct Overheard - Power Eopens STOModelBalenoModel Power Total Prime Costs Manulacturing Overhead: Units Supenisors Salary (Nageih) Total Cost of Production Add Beginnieg Whs Las Eneling Wi? Cost of Goods Monufoctured fo aed beriening PO Leas Eneling 7 39 570 Mad 8aine mese Goods sold Cost of Goods Sold statement for Calendar Year Harsh Electricals CVP Analysis Rraak Even Calculation Desired Profit Calculation