Budgets
Budget vs actual comparison and variance analysis
Total Budget
GH₵ 1,437,000.00
Actual Spend
GH₵ 1,304,365.00
Total Variance
GH₵ 24,235.00
Under budget
Budget Utilization
90.8%
| Category | Budget | Actual | Variance | % Used | Progress |
|---|---|---|---|---|---|
| Revenue | GH₵ 750,000.00 | GH₵ 695,800.00 | GH₵ -54,200.00 | 92.8% | |
| Cost of Goods Sold | GH₵ 280,000.00 | GH₵ 243,000.00 | +GH₵ 37,000.00 | 86.8% | |
| Salaries & Benefits | GH₵ 210,000.00 | GH₵ 198,240.00 | +GH₵ 11,760.00 | 94.4% | |
| Rent & Utilities | GH₵ 85,000.00 | GH₵ 78,000.00 | +GH₵ 7,000.00 | 91.8% | |
| Transport & Fuel | GH₵ 30,000.00 | GH₵ 24,000.00 | +GH₵ 6,000.00 | 80.0% | |
| Marketing | GH₵ 20,000.00 | GH₵ 15,000.00 | +GH₵ 5,000.00 | 75.0% | |
| Professional Fees | GH₵ 20,000.00 | GH₵ 17,000.00 | +GH₵ 3,000.00 | 85.0% | |
| Insurance | GH₵ 12,000.00 | GH₵ 9,600.00 | +GH₵ 2,400.00 | 80.0% | |
| Depreciation | GH₵ 15,000.00 | GH₵ 14,350.00 | +GH₵ 650.00 | 95.7% | |
| Other Expenses | GH₵ 15,000.00 | GH₵ 9,375.00 | +GH₵ 5,625.00 | 62.5% | |
| Total | GH₵ 1,437,000.00 | GH₵ 1,304,365.00 | +GH₵ 24,235.00 | 90.8% |