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% |