It is for prof forma financail statment, so I was required to make the cost report out of this info, and the next person in our group will prepare will make the budgeting

This is the note from my part Technical requirements. Most of the time, a product or service will have technical requirements to ensure proper performance. Examples from IS projects include speed and capacity of database systems and connectivity with alternative systems.

This one is made by our group, they aske me to make the cost report, i dont know how to please help me

Technical requirements. Most of the time, a product or service will have technical requirements to ensure proper performance. Examples from IS projects include speed and capacity of database systems and connectivity with alternative systems.

Omega Protein Corporation
EXHIBIT 1 Sources and Uses
Sources of funds
Reinvestment into the company
Omega Shipyard, Inc (shared 50/50)	2,757,672
Omega Protein, Inc (shared 50/50)	2,757,672
Total		5,515,344
Financing
Commercial Fleet Retail Loan	1,200,000
Total		1,200,000
Total Sources		6,715,344
Uses of funds
Identification of Personnel Needed
Salaries
Truck Drivers - $27/hr - 20/day @ 30 day/mo	129,600
Logisitics/Scheduling Coordinator $14/8hr shift - 7/day @ 30 day/mo	23,520
Dispatcher $12/8hr shift - 7/day @ 30 day/mo	20,160
Data Management Supervisor $18/8hr shift - 7/day @ 30 day/mo	30,240
Manager $32/8hr shift - 7/day @ 22day/mo	39,424
Total		242,944
Technical Requirements
Wi-Fi equipment	2,000
Mobile iPads for ERP entry	3,500
Computers	75,000
Server/Cloud Backup	325,000
ERP Software	1,300,000		https://www.epromis.net/products/epromis-enterprise/
Telephones	450
CB Radios	10,000
Total		1,715,950
Materials and Equipment Needed
Repairs and Maintenance (1)	71,000		http://www.automotive-fleet.com/channel/operations/article/story/2002/09/how-to-justify-a-fleet-budget-in-tight-times.aspx
Oil Changes $180/truck @20/mo	43,200
Gasoline (2)	1,690,000		http://www.automotive-fleet.com/channel/fuel-management/article/story/2014/11/forecast-of-operating-costs-in-the-2015-calendar-year.aspx
Tires $450/tire @18 tires/truck; as needed semi-annually	324,000
Accident and Collision Expenses (3)	50,000		http://www.fleetfinancials.com/article/story/2015/09/steps-to-developing-and-controlling-a-fleet-budget.aspx
Total		2,178,200
Start-up expenses		2,578,250
Working capital (cash) (4)
Total uses		6,715,344
(1) It is estimated that 7.1% of purchase cost to cover repairs and maintenance of fleet			0
(2) It is estimated that diesel is $3.38 per gallon and each truck has a capacity of 250 gallons. Based on industry average, trucks can travel 1500 before the next fill up, therefore 100 fill ups/yr/truck.			https://answers.yahoo.com/question/index?qid=20121225082948AAg6yIA
(3) It is estimated that 5% of purchase cost to cover accident and collision expenses
(4) To cover negative cash flow over 2 year of operation as well as contingency fund. See pro forma cash flow statements.
EXHIBIT 2 Start-Up Expenses
Operation/distribution consulting (1)		5,000
Miscellaneous consulting (legal, permitting, etc.)
Licenses/Permits $500/truck	10,000
Accounting	1,000
Legal	1,500
Other	750
Total		13,250
Annual Insurance Cost (2)
Commercial Property and Casualty Insurance 5,000,000	35,000
General Liability 5,000,000	35,000
Lost Income Coverage 3,000,000	21,000
Product Liability 500,000	3,500
Umbrella Rider for 1,000,000	7,000
Disability Insurance 1,000,000	7,000
Total		108,500
Fleet Purchases
Trucks $50,000/truck @20 trucks	1,000,000		http://www.commercialtrucktrader.com/Peterbilt-587-For-Sale/search-results?make=PETERBILT|2313546&model=587|764868192
Refrigerated trailers $72,500 @ 20 trailers	1,450,000		http://www.commercialtrucktrader.com/Trailer-Trailer-For-Sale/search-results?type=trailer&page=2
Total		2,450,000
Pre-start-up utilities and miscellaneous supplies
Office supplies	500
Other permitting fees	1,000
Total		1,500
		2,578,250
(1) Distribution Management Consultant @ 1 month for training on ERP Software and logistics
(2) $1mm bond rider cost at $7000/bond
EXHIBIT 3 Capital Equipment List
Technical Requirements
Wi-Fi equipment	2,000
Mobile iPads for ERP entry	3,500
Computers	75,000
Server/Cloud Backup	325,000
ERP Software	1,300,000
Telephones	450
CB Radios	10,000
Total		1,715,950
Fleet Purchases
Trucks $50,000/truck @20 trucks	1,000,000
Refrigerated trailers $72,500 @ 20 trailers	1,450,000
Total		2,450,000
		4,165,950