How to prepare the profit statement of the variable cost method
The steps to prepare the profit statement under the variable cost method are as follows: 1. Calculating variable manufacturing costs: variable manufacturing costs usually include direct labor, direct materials, and variable manufacturing costs. First, determine the unit variable manufacturing cost, and then calculate the variable manufacturing cost carried forward to the income statement according to the sales volume. For example, if the sales volume is x and the unit variable manufacturing cost is y, then this part of the cost is x x y. 2. Calculating the variable cost of sales: determine the unit variable cost of sales, and calculate this part of the cost according to the sales volume. If the sales volume is x and the unit variable cost of sales is z, then the variable cost of sales is x × z. 3. Calculating the total variable cost: The total variable cost is equal to the variable manufacturing cost carried forward to the income statement with sales plus the variable cost of sales. 4. Contribution margin: Contribution margin equals sales revenue minus total variable costs. 5. Fixed costs: Fixed costs include fixed manufacturing costs and fixed sales costs. After calculation, the fixed costs are added to the income statement. 6. Calculating the operating profit under the variable cost method: The operating profit under the variable cost method is equal to the contribution margin minus the fixed cost. Read more exciting novels for free
How to prepare the assets statement
The preparation method of the balance sheet is as follows: 1. Money: equal to (cash on hand + bank deposit + other currency funds) general ledger balance. 2. "Receivable accounts: " It is the "Receivable accounts" sub-ledger's debits balance +"Advance Receivable accounts" sub-ledger's debits balance-"Bad debt reserve" balance. 3. Advance Receives: composed of the credit balance of the "Advance Receives" sub-ledger + the credit balance of the "Receivable" sub-ledger. 4. "Credits Payable: It is the credit balance of the" Credits Payable "sub-ledger + the credit balance of the" Prepayment "sub-ledger. 5. Prepayment: The sum of the "Prepayment" sub-ledger's debits and the "Payable" sub-ledger's debits. 6. [Inv: Total of all inventory general ledger balance +"Production cost" general ledger balance-"Reserve for inventory price decline" general ledger balance.] 7. Fixed assets: equal to the general ledger balance of "Fixed assets"-the general ledger balance of "Accumulated Depreciation"-the general ledger balance of "Fixed assets reduction reserve". 8. Intangible assets: It is the general ledger balance of "Intangible assets"-"Accumulated Amortization"-"Intangible assets reserve". 9. Long-term equity investment: the general ledger balance of "Long-term equity investment" minus the general ledger balance of "Long-term equity investment allowance". 10. Long-term loan: equal to the general ledger balance of Long-term Borrowing-Long-term Borrowing due within 1 year in the sub-ledger. 11. Long-term amortized expenses: Long-term amortized expenses are the general ledger balance of Long-term amortized expenses-Long-term amortized expenses within 1 year in the subsidiary ledger. 12. Undistributed profit: is the balance of the general ledger (profit of the year + profit distribution). <a href="/?from=ask_words" style="color:red" target="_blank">Read more exciting novels for free</a>
The profit and cost of raising pigs
The profit and cost of raising pigs varied due to different regions, scale, feeding methods, market conditions, and other factors. The main costs of raising pigs include feed costs, breeding pig costs, labor and equipment costs, epidemic prevention costs, etc. The cost of feed was the biggest cost of raising pigs. The price of feed ingredients on the market continued to rise, leading to an increase in breeding costs. The cost of breeding pigs was the cost of buying breeding pigs, and the price ranged from several thousand yuan. The cost of labor and equipment included the salary of breeders, the cost of epidemic prevention personnel, the construction of housing, ventilation equipment, cleaning equipment, etc. The cost of epidemic prevention included the cost of drugs such as vaccine and antibiotics, as well as the salary of epidemic prevention and control personnel. According to the information provided, the cost of a pig's feed accounted for about 70% of the total cost. In terms of profit, according to the information provided, the profit of a pig was about 2000 yuan. However, the specific profit and cost of raising pigs still needed to be calculated and analyzed according to the specific situation.
The program of making profit statement with excel
The following are some common programs for preparing an income statement in excel: 1. ** Setting paper direction **: Open the excel form, click "Page layout", and select "Paper direction" as "Horizontal". 2. ** Set the first row of the table **: select the first row, click the merge cell in the tool bar, and add a frame line. 3. ** font setting **: Enter "profit statement" in the first line, and set the font to be bold and in the middle. 4. ** Set the second row of cells **: select the second row, merge the cells, and then select to add an outer border. 5. ** Set other cells **: select other areas, add all the borders, merge the related cells, set the row height, and enter text. You can also prepare an income statement by following these steps: 1. He opened an Excel file and selected the template for the annual profit statement. 2. On the pop-up window for creating the annual profit statement, click [Create] with the left mouse button. 3. After the annual profit statement was displayed in the table, he clicked on the details of the " Revenue." 4. In the data of the table cells, he modified the income data. 5. In the expense cell of the table, he modified the expenditure data. 6. In the annual profit statement, you could see the change in the profit value in the cell. 7. After clicking on the other expenditure cells and modifying the data, you could see the changes in the values in the profit statement. Through this creation and modification, you could create the profit statement. <a href="/?from=ask_words" style="color:red" target="_blank">Read more exciting novels for free</a>
The cost of making a statement
The total investment for " The Order of Pleasure " was 200 million, most of which was spent on clothing, props, makeup, and so on. Actors Xiao Zhan and Wang Yibo's pay was less than 5 million yuan, and the management company would also split a portion. Although their pay was relatively low, due to the success of the series, their commercial value had increased significantly, and they had received many opportunities for endorsements and activities. The derivative products of " The Order of Grievance ", including online movies, games, animation, and peripheral products, had a total profit of about 300 million. Overall, the " Letter of Grievance " had earned more than 800 million.
The preparation of the profit statement is inconsistent with the actual salary.
The income statement mainly reflected the operating results of the enterprise in a certain accounting period, including income, costs, expenses, etc. The discrepancy with the actual salary may be caused by many reasons. From the point of view of the profit statement, if there was a mistake in the calculation of wages in the items related to labor costs such as "operating costs" and "management expenses", it might cause such a discrepancy. For example, when calculating the operating costs, if the wages of workers directly related to production were not accurately included, or if the management personnel's wages were wrongly calculated in the management expenses, such as undercalculation, overcalculation, or including wages that should not be included, etc. From the perspective of the actual payment of wages, there may be situations where the temporary adjustment of wages is not reflected in the preparation of the income statement in time. For example, the temporary payment of bonuses, salary replenishment or deduction, etc. were not accurately recorded in the relevant items of the income statement. In addition, if the company had a complex salary structure, such as non-cash forms of compensation such as stock options, the value of these salaries in the preparation of the income statement would be inaccurate, which would also lead to inconsistent with the actual salary. <a href="/?from=ask_words" style="color:red" target="_blank">Read more exciting novels for free</a>
Principles of preparing balance sheet and profit statement
The principle of preparing the balance sheet was based on the accounting identity "assets = debts + owner's equity". This was an identical relationship that represented the source of funds (debt and owner's equity) and the use of funds (assets) at a particular point in time. The principle of preparing the income statement is mainly based on the balance formula of "revenue-expense = profit". The body of the table lists the various items and calculation process that form the operating results. For example, the items reported separately for operating profit include operating income, operating costs, taxes and surcharges, sales expenses, management expenses, research and development expenses, financial expenses, credit loss, asset loss, other income, investment income, etc. The total profit item is operating profit plus non-operating income minus non-operating expenses. The net profit item is the total profit minus the income tax expense, including the net profit from continuing operations and the net profit from termination of operations. Each item in the income statement needs to be filled in the two columns of "amount of the current period" and "amount of the previous period". The figures in the column of "amount of the previous period" should be filled in according to the figures listed in the column of "amount of the current period" in the income statement of the previous period. The method of filling in the column of "amount of the current period" should generally be filled in according to the amount of profit and loss category and owner's equity category. <a href="/?from=ask_words" style="color:red" target="_blank">Read more exciting novels for free</a>
What system is the profit statement prepared according to?
The principle of preparing the income statement is the accounting balance formula of "revenue-expense = profit" and the matching principle of revenue and expense. In our country, the enterprise income statement is generally compiled with a multi-step structure. The data of each item in the column of "amount of the previous period" should be filled in according to the figures listed in the column of "amount of the current period" in the profit statement for the same period of the previous year. The method to fill in the column of "amount of the current period" is as follows: the enterprise shall fill in the column of "amount of the current period" in the profit statement according to the amount of the profit and loss category and the owner's equity category. The details are as follows: 1. Items such as "operating income","operating costs","taxes and surcharges","sales expenses","management expenses","financial expenses","asset impairments","fair value change income","investment income","other income","non-operating income","non-operating expenses","income tax expenses", etc. shall be analyzed and filled in according to the amount of the relevant profit and loss category items. 2. Items such as "investment income from associated enterprises and joint ventures","profit from disposal of non-current assets" and "loss from disposal of non-current assets" should be analyzed and filled in according to the amount of relevant detailed accounts such as "investment income","non-operating income" and "non-operating expenses". 3. The items of "net amount after tax of other comprehensive income" and their components should be analyzed and filled in according to the amount of the "other comprehensive income" account and its subsidiary accounts. 4. The items of "operating profit","total profit","net profit" and "total comprehensive income" should be calculated and filled in according to the relevant items in the income statement. 5. For enterprises whose common shares or potential common shares have been publicly traded, as well as enterprises that are in the process of publicly issuing common shares or potential common shares, the information of earnings per share should also be listed in the income statement, and the calculation process should be disclosed in detail in the notes. The basic earnings per share and diluted earnings per share items shall be calculated and filled in accordance with the provisions of the "Enterprise Accountant Standard No. 34-Earnings per share". <a href="/?from=ask_words" style="color:red" target="_blank">Read more exciting novels for free</a>
The cost and profit of extracting peanut oil
The cost of extracting peanut oil mainly included the cost of peanut raw materials, transportation costs (if any), staff salaries, electricity bills, coal bills (if any), and so on. For example, if the cost price of peanuts was 4 yuan per catty, plus 5 cents for shipping, the total cost of one catty of peanuts was 4.05 yuan. If two people were taken as an example, the labor cost was 100 yuan (50 yuan per person). One ton of peanuts used 30 degrees of electricity, and the electricity cost was calculated at 1 yuan per degree, which was 30 yuan. One ton of peanuts used 20 yuan of coal. In terms of profit, the oil mill had more profit points. The first was the cost of processing materials, the second was the sales of freshly squeezed edible oil, the third was the sales of oil crops, and the fourth was the sales of biscuits after squeezing. Taking 2000 catties of peanuts as an example, the investment cost is 8250 yuan.(The cost of peanuts is 8100 yuan, the salary of staff is 200 yuan, the electricity fee is 30 yuan, and the coal fee is 20 yuan). If the oil yield rate is calculated as 47.5%, 950 catties of oil can be produced. The retail price of peanut oil is 10 - 16 yuan/catty, and the middle value is 13 yuan/catty. The income of peanut oil is 12350 yuan. 100 catties of peanuts can produce 50 - 58 catties of peanut cakes. If the average price is 1.6 yuan/catty, the income of oil cakes produced from 2000 catties of peanuts is 1600 yuan. The total income was 13950 yuan and the net profit was 5700 yuan. If the profit of 100 catties of peanut seeds was calculated, the cost of peanut seeds was 400 yuan per catty, and the lowest oil yield was 45%. If the northern peanut oil was calculated at 10 yuan per catty, the income of peanut oil would be 450 yuan. If the cake was 50 catties, the income of the cake would be 50 yuan per catty. Subtracting the electricity bill of 10 yuan, the profit would be 90 yuan. The profit of buying peanuts to extract peanut oil could reach more than 2000 yuan per ton. "The Island of Life" is also a wonderful novel. Everyone is welcome to read it!
Prepare a horizontal comparison table based on the income statement
To prepare a horizontal comparison table based on the profit and loss statement, you can follow the following steps: 1. ** Confirm comparison period **: specify the accounting period to be compared, such as quarter, half-year, or year. For example, three consecutive years were selected for comparison. 2. ** Confirm comparison items **: Choose key items from the profit and loss statement, such as net sales, cost of sales, marketing expenses, non-operating income, interest expense, etc. These items would form the column titles of the horizontal comparison table. 3. ** Arrange data **: List the amount of money in different periods for each selected project. For example, for Year 1, Year 2, and Year 3, find the corresponding net sales value, cost of sales value, and so on. 4. ** Calculating the relevant ratio and trend (option)**: You can calculate the percentage change of each project in different periods or the proportion of each project to the total income to analyze its trend and structural relationship. For example, the change in the percentage of cost of sales to net sales in each year. 5. ** Construct Table **: With the accounting period as the row heading and the comparison item as the column heading, fill in the sorted data in the corresponding position of the table to form a horizontal comparison statistics table. For example: |accounting period| net sales| cost of selling| marketing costs| non-operating income| interest expense| |----|----|----|----|----|----| |annual 1| for the year 1| 2| than 3| 4| than 5| |Year 2| price of RMB 6| 7| 8| 9| 10| |Year 3| 11| 12| 13| 14| 15| In this way, the horizontal comparison statistics prepared according to the profit and loss statement were completed, which helped to analyze the changes and relationships of each project in different periods. <a href="/?from=ask_words" style="color:red" target="_blank">Read more exciting novels for free</a>
Small cost, big profit, suitable for small business
The following are some projects that are suitable for starting a small business with small costs and high profits: 1. Funeral industry: Although many people have prejudice against this, in fact, many funeral shops can operate for a long time even if they are located in remote areas and seem deserted. This shows that their profits are considerable. 2. ** Sewing Shop **: Regardless of whether it was located in the corner of a large shopping mall or a sewing shop in a rural town, it looked inconspicuous on the surface, but in fact, the profits were very high. 3. [Planting Golden Magnolia Vegetables: It has great advantages among many rural projects. It has many advantages and high profits. Many rural people have become rich through it.] 4. ** Selling toys at street stalls **: For example, if you get the goods from the toy factory, you can get 400 big toys for 3,200 yuan. If you sell them locally at 29 yuan or 39 yuan, you can earn 20 to 30 yuan each. The factory also provides Bluetooth slightly, selling recordings, advertising cloth, and other auxiliary items. There is no need to open a shop. You can just set up a stall. 5. ** Processing bulk dishwashing liquid **: The initial investment of about 18,000 yuan is enough. The technology is simple. One person can start work and the daily output can reach 3 - 5 tons. In addition to bulk dishwashing liquid, it can also produce glass water, washing liquid, hand sanitizer and other products. There are a variety of products. 6. ** Potted Fruit Plants **: Originated from bonsai. The bonsai trees were replaced by fruit trees. They were elegant and had fruits. They were popular among people and had good profit prospects. 7. ** Selling tissue paper in villages and towns **: For example, selling tissue paper mainly and roll paper as a supplement in villages and towns. The cost is relatively low and there is a certain profit margin. The novel " Small Business " is equally exciting. Everyone is welcome to click and read it!