Please see below the numbers for Dzembo’s project.
As you can see inon the sheet below, our projected profit was 40%. However, due to unplanned additional expenses, we are at negative at $ 1,191.40 on what we had budgeted to cover the costs for this project.
So, as of today our profit is at $6,818.15 or 34%, a loss of 6% of profit.
Is there any way we can save money? Maybe we can negotiate the price of the cabinets install? I’m calculating $ 3,097 for install, resulting in a profit of 34%. If we can reduce this expense, that would be great.
*** Last Bills To Be Paid (Projected Amounts)
- Installation of cabinets: $ 3,097
- Deco Hardware Installation: $ 300
- Cleaning Services: $ 100
*** Where we have spent more than we projected
- Cabinets: $ 1,373.75 more
- Plumbing Fixtures: $ 24.94 more
TOTAL: $ 1,398.69
(Other items offset the loss, leaving it at $ 1,191.40)
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