TEORIA TALLERTALLER PRESUPUESTO MAESTRO

La empresa Almohadas de Piedecuesta S.A.S. produce tres tipos de almohadas, Sueo Placentero, Relax y Mximo Confort.

El gerente esta interesado en contratar a un experto para que ocupe el puesto de Jefe de Presupuesto, pero antes quiere asegurarse de que dicha persona conoce de la materia, para lo cual, lo pone a prueba y pide que elabore un Presupuesto Maestro Anual con proyeccin a cinco aos.

Para esto se le suministra la siguiente informacin:

El estudio de mercado arrojo resultados para las ventas del primer trimestre del ao y segn comportamientos de aos anteriores se dice que estas crecern 1,3 puntos por encima de la inflacin ya que la economa se encuentra en periodo de crecimiento, cosa que ha favorecido a la empresa estimulando las ventas.

Las ventas estn pronosticadas para el primer trimestre de la siguiente manera

PRODUCTOPRONOSTICO DE VENTAS UNIDADESPRECIO FINAL DE VENTAENEROFEBREROMARZO(miles de pesos)Sueo Placentero185,000187,692190,489$ 45.50Relax173,000175,312177,714$ 70Mximo Confort161,000162,932164,939$ 112TOTALES519,000525,936533,142Promedio $ 75,83Con relacin a los precios la empresa ha establecido que para mitigar las desventajas de la inflacin consistentes en la perdida del poder adquisitivo del dinero, los precios deben ajustarse bimensualmente acorde al IPC del periodo.

Con relacin a la produccin la empresa desea mantener unos inventarios finales suficientes para garantizar disponibilidad de productos en llegado caso se presente una escases de materias primas que no pueda suplir la demanda segn el estudio de mercados.

Para esto estipula que las polticas de inventarios finales de productos sern las siguientes:

INVENTARIOCANTIDADProductos TerminadosSueo Placentero: 25% del presupuesto de ventas del mes subsiguiente.Relax: 60% del presupuesto de ventas del mes subsiguiente.Mximo Confort: 15% del presupuesto de ventas del mes subsiguiente.Materias Primas50% de las necesidades de produccin del mes subsiguiente.En la elaboracin de cada uno de los productos que fabrica la empresa necesita los siguientes elementos

MATERIALESSueo PlacenteroRelaxMximo ConfortEspuma A2 gramos2 gramos2 gramosEspuma B3 gramos4 gramos6 gramosEspuma C6 gramos6 gramos6 gramosH.M.O.D.0.150.130.16Costo por H.M.O.D.$ 18,89 sin incluir prestaciones socialesLos costos estimados de las materias primas son de $ 200 el kilogramo para las espumas B y C y para la espuma A de $ 100 el kilogramo.

Los costos unitarios de cada lnea de produccin para cada una de las lneas al final del periodo pasado son de $5, $7 y $12 respectivamente.

Se requieren $10.000 de gastos de mantenimiento, $7.000 para el pago de seguros, $80.000 para gastos de energa, combustible etc. La supervisin vale el 50% de la mano de obra directa, tambin se necesitan $10.000 para compra de accesorios. Todas estas partidas estn catalogadas como C.I.F. La depreciacin corresponde al edificio es de $120.000

Los gastos de administracin son:ADMINISTRACINVENTASSalarios:$35.000 Sin impuestos40.000 sin impuestosComisiones:1% de las ventas3% de las ventasPapelera y tiles de oficina:$ 50,000$ 50,000Depreciacin del mobiliario:$ 20,000$ 20,000Gastos varios:$ 20,000$ 20,000Publicidad:$ 15,000Viajes:$ 2,000Las polticas de ventas y pago de mercancas son las siguientes:

Recaudo a 30 das15%Recaudo a 60 das50%Recaudo a 90 das30%Ventas de Contado5%Cuentas incobrables-

Pagos de contado10%Pagos a 30 das40%Pagos a 60 das50%

La nomina se paga al final de mesCompra de Equipos de OficinaEnero$ 14,000.00Febrero$ 11,000.00Marzo$ 17,000.00Saldo anterior de cajaDiciembre$ 35,000.00Poltica de saldo de caja$ 25,000,000Pago impuesto de rentaEnero$ 8,000.00Febrero$ 7,000.00Marzo$ 8,000.00Periodo de amortizacin3 AosTasa de inters bancaria28%A.M.V.0.03MensualDatos adicionales.

Saldo inicial a 31 de diciembre, balance anterior cuentas por cobrar$ 60,000.00Terrenos balance anterior$ 40,000.00Edificios y equiposSaldo inicial$ 170,000.00$ 215,000.00Capital pagado balance anteriorDebe ajustarse segn las necesidades del balance Utilidades retenidasSaldo inicial$ 350,577.79NOTA: Es importante que si existe alguna informacin faltante debe ser solicitada al gerente de la empresa, ya que existe alguna informacin que es considerada como clasificada para la empresa.

ESQUEMA DE PRESUPUESTO

PRESUPUESTO MAESTRO

VENTASPRODUCCIN

MATERIAS PRIMASPRESUPUESTO OPERATIVOMANO DE OBRAPRESUPUESTO OPERATIVOCOSTOS INDIRECTOS DE FABRICACIONCOSTO DE PRODUCCION Y VENTASGASTOS DE ADMINISTRACIN

PRESUPUESTO DE CAJAPRESUPUESTO FINANCIEROPRESUPUESTO FINANCIEROESTADO DE INGRESOS PRESUPUESTADOBALANCE GENERAL PRESUPUESTADO

P.OPERATIVO 1

PRESUPUESTO OPERATIVO

PRESUPUESTO DE VENTAS

La base del presupuesto de ventas recae en el pronostico de ventas, se necesita que este pronostico sea elaborado en forma confiable y tecnicamente partiendo de bases estadsticas o subjetivas sobre lo que puede ser el comportamiento de las ventas.

PRESUPUESTO DE PRECIOS

VARIACION DE PRECIOSBIMESTRE 1BIMESTRE 2BIMESTRE 3BIMESTRE 4BIMESTRE 5BIMESTRE 6IPS 12-20143.66%Sueo Placentero$ 45,500.00$ 47,165$ 48,892$ 50,681$ 52,536$ 54,459PROYECCION VENTAS4.96%Relax$ 70,000.00$ 72,562$ 75,218$ 77,971$ 80,824$ 83,783Mximo Confort$ 112,000.00$ 116,099$ 120,348$ 124,753$ 129,319$ 134,052

PRESUPUESTO DE VENTASInforme Anual de 201XPRODUCTOENEROFEBREROMARZOABRILMAYOJUNIOJULIOAGOSTOSEPTIEMBREOCTUBRENOVIEMBREDICIEMBREANUALUNIDADESSueo Placentero185,000187,692190,489199,937209,854220,263231,188242,655254,691267,323280,582294,4992,764,174Relax173,000175,312177,714186,529195,780205,491215,684226,381237,610249,395261,765274,7492,579,411Mximo Confort161,000162,932164,939173,120181,707190,719200,179210,108220,529231,468242,948254,9992,394,648TOTAL519,000525,936533,142559,586587,341616,473647,051679,144712,830748,186785,296824,2477,738,232VALORSueo Placentero$ 8,417,500,000$ 8,539,986,000$ 8,984,470,832$ 9,430,100,585$ 10,260,094,283$ 10,768,994,959$ 11,716,831,927$ 12,297,986,791$ 13,380,398,526$ 14,044,066,293$ 15,280,159,843$ 16,038,055,771$ 139,158,645,810Relax$ 12,110,000,000$ 12,271,840,000$ 12,895,283,268$ 13,534,889,318$ 14,726,167,474$ 15,456,585,381$ 16,817,002,307$ 17,651,125,622$ 19,204,695,798$ 20,157,248,709$ 21,931,396,211$ 23,019,193,463$ 199,775,427,551Mximo Confort$ 18,032,000,000$ 18,248,384,000$ 19,149,285,949$ 20,099,090,532$ 21,868,119,221$ 22,952,777,934$ 24,972,974,947$ 26,211,634,504$ 28,518,660,951$ 29,933,186,535$ 32,567,766,723$ 34,183,127,953$ 296,737,009,249TOTAL$ 38,559,500,000$ 39,060,210,000$ 41,029,040,049$ 43,064,080,435$ 46,854,380,977$ 49,178,358,274$ 53,506,809,182$ 56,160,746,917$ 61,103,755,275$ 64,134,501,536$ 69,779,322,778$ 73,240,377,187$ 635,671,082,610

PRESUPUESTO DE PRODUCCIN

INVENTARIOCANTIDADProductos TerminadosSueo Placentero: 25% del presupuesto de ventas del mes subsiguiente.Relax: 60% del presupuesto de ventas del mes subsiguiente.Mximo Confort: 15% del presupuesto de ventas del mes subsiguiente.Materias Primas50% de las necesidades de produccin del mes subsiguiente.

PRESUPUESTO DE PRODUCCINProductos TerminadosPrimer Trimestre de 201XENEROFEBREROMARZOABRILMAYOJUNIOJULIOAGOSTOSEPTIEMBREOCTUBRENOVIEMBREDICIEMBRETOTAL AO8921,5X+141564Presupuesto de Ventas Sueo placentero185,000187,692190,489199,937209,854220,263231,188242,655254,691267,323280,582294,4992,764,174297,657Inventario final Sueo placentero46,92347,62249,98452,46455,06657,79760,66463,67366,83170,14673,62574,41474,414Subtotal Sueo placentero231,923235,314240,473252,401264,920278,060291,852306,328321,521337,469354,207368,9142,838,588Inventario inicial Sueo placentero46,25046,92347,62249,98452,46455,06657,79760,66463,67366,83170,14673,62546,250Necesidades de produccin185,673188,391192,851202,416212,456222,994234,055245,664257,849270,638284,062295,2892,792,338Presupuesto de Ventas Relax173,000175,312177,714186,529195,780205,491215,684226,381237,610249,395261,765274,7492,579,411$ 277,598.30Inventario final Relax105,187106,628111,917117,468123,295129,410135,829142,566149,637157,059164,849166,559166,559Subtotal Relax278,187281,940289,631303,997319,075334,901351,512368,947387,247406,455426,615441,3082,745,970Inventario inicial Relax103,800105,187106,628111,917117,468123,295129,410135,829142,566149,637157,059164,849103,800Necesidades de produccin174,387176,753183,003192,080201,607211,607222,102233,119244,681256,817269,556276,4592,642,170Presupuesto de Ventas Maximo Confort161,000162,932164,939173,120181,707190,719200,179210,108220,529231,468242,948254,9992,394,648$ 257,543.50Inventario final Maximo Confort24,44024,74125,96827,25628,60830,02731,51633,07934,72036,44238,25038,63238,632Subtotal Maximo Confort185,440187,673190,907200,376210,315220,746231,695243,187255,249267,910281,198293,6302,433,279Inventario inicial Maximo Confort24,15024,44024,74125,96827,25628,60830,02731,51633,07934,72036,44238,25024,150Necesidades de produccin161,290163,233166,166174,408183,059192,138201,668211,671222,170233,190244,756255,3802,409,129

PRESUPUESTO DE COMPRA DE MATERIALES DIRECTOS

PRESUPUESETO DE COMPRASMateriales DirectosPrimer Trimestre de 201XENEROFEBREROMARZOABRILMAYOJUNIOJULIOAGOSTOSEPTIEMBREOCTUBRENOVIEMBREDICIEMBRETOTALProduccin requerida en unidades Espuma A3,1283,1703,2523,4133,5833,7603,9474,1434,3484,5644,7904,96347,062inventario final deseado 1,5851,6261,7071,7911,8801,9732,0712,1742,2822,3952,4812,5352,535$ 5,069.26Subtotal 4,7134,7964,9595,2055,4635,7346,0186,3176,6306,9597,2727,49749,596Inventario inicial 1,5641,5851,6261,7071,7911,8801,9732,0712,1742,2822,3952,4811,564Compras requeridas3,1493,2113,3333,4983,6723,8544,0454,2454,4564,6774,8775,01648,032Costo de Compras $ 314,918,250$ 321,119,244$ 333,277,244$ 349,807,796$ 367,158,262$ 385,369,312$ 404,483,630$ 424,546,018$ 445,603,501$ 467,705,434$ 487,650,201$ 501,601,285$ 4,803,240,177Produccin requerida en unidades Espuma B2,2222,2522,3082,4222,5422,6682,8012,9393,0853,2383,3993,52433,400inventario final deseado Relax1,1261,1541,2111,2711,3341,4001,4701,5431,6191,6991,7621,7991,799$ 3,597.04125,18X+1969,7Subtotal Relax3,3483,4053,5193,6933,8764,0694,2704,4824,7044,9385,1615,32335,199Inventario inicial Relax1,1111,1261,1541,2111,2711,3341,4001,4701,5431,6191,6991,7621,111Compras requeridas Relax2,2372,2802,3652,4822,6052,7342,8703,0123,1623,3193,4613,56134,088Costo de Compras Relax$ 447,389,145$ 455,914,599$ 472,957,732$ 496,416,435$ 521,038,690$ 546,882,209$ 574,007,567$ 602,478,342$ 632,361,268$ 663,726,387$ 692,292,466$ 712,102,235$ 6,817,567,077Produccin requerida en unidades Espuma C$ 3,128$ 3,170$ 3,252$ 3,413$ 3,583$ 3,760$ 3,947$ 4,143$ 4,348$ 4,564$ 4,790$ 4,96347,062inventario final deseado Maximo Confort$ 1,585$ 1,626$ 1,707$ 1,791$ 1,880$ 1,973$ 2,071$ 2,174$ 2,282$ 2,395$ 2,481$ 2,5352,5355069.26176,52X+2774,5Subtotal Maximo Confort4,7134,7964,9595,2055,4635,7346,0186,3176,6306,9597,2727,49749,596Inventario inicial Maximo Confort$ 1,564$ 3,128$ 3,170$ 3,252$ 3,413$ 3,583$ 3,760$ 3,947$ 4,143$ 4,348$ 4,564$ 4,7901,564Compras requeridas Maximo Confort3,1491,6681,7891,9532,0502,1512,2582,3702,4872,6112,7082,70748,032Costo de Compras Maximo Confort$ 629,836,500$ 333,644,987$ 357,713,476$ 390,534,119$ 409,904,611$ 430,235,880$ 451,575,579$ 473,973,728$ 497,482,825$ 522,157,973$ 541,550,164$ 541,431,474$ 5,580,041,317$ 1,392,143,895$ 1,110,678,830$ 1,163,948,452$ 1,236,758,350$ 1,298,101,564$ 1,362,487,401$ 1,430,066,776$ 1,500,998,089$ 1,575,447,594$ 1,653,589,794$ 1,721,492,831$ 1,755,134,995$ 17,200,848,571

PRESUPUESTO DE USO DE MATERIALES DIRECTOS

Los costos unitarios de cada lnea de produccin para cada una de las lneas al final del periodo pasado son de $5, $7 y $12 respectivamente.PROMEDIO166.6666666667PRESUPUESTO DE USOMateriales DirectosPrimer Trimestre de 201XEspumas AENEROFEBREROMARZOABRILMAYOJUNIOJULIOAGOSTOSEPTIEMBREOCTUBRENOVIEMBREDICIEMBRETOTALUnidades requeridas3,1283,1703,2523,4133,5833,7603,9474,1434,3484,5644,7904,96347,062Costo de uso de materiales$ 312,810,000$ 317,026,500$ 325,211,987$ 341,342,502$ 358,273,090$ 376,043,435$ 394,695,189$ 414,272,071$ 434,819,965$ 456,387,036$ 479,023,833$ 496,276,570$ 4,706,182,177Espumas BUnidades requeridas2,2222,2522,3082,4222,5422,6682,8012,9393,0853,2383,3993,52433,400Costo de uso de materiales$ 444,461,320$ 450,316,970$ 461,512,228$ 484,403,235$ 508,429,635$ 533,647,745$ 560,116,674$ 587,898,461$ 617,058,224$ 647,664,312$ 679,788,462$ 704,796,471$ 6,680,093,737Espumas C0.0Unidades requeridas$ 3,128$ 3,170$ 3,252$ 3,413$ 3,583$ 3,760$ 3,947$ 4,143$ 4,348$ 4,564$ 4,790$ 4,96347,062Costo de uso de materiales$ 625,620,000$ 634,053,000$ 650,423,974$ 682,685,003$ 716,546,179$ 752,086,870$ 789,390,379$ 828,544,141$ 869,639,931$ 912,774,071$ 958,047,665$ 992,553,140$ 9,412,364,354$ 1,382,891,320$ 1,401,396,470$ 1,437,148,190$ 1,508,430,740$ 1,583,248,904$ 1,661,778,050$ 1,744,202,241$ 1,830,714,673$ 1,921,518,120$ 2,016,825,419$ 2,116,859,960$ 2,193,626,180

PRESUPUESTO DE MANO DE OBRA DIRECTA

PRESUPUESTO DE MANO DE OBRA DIRECTAMano de Obra Directa (M.O.D.)Primer Trimestre de 201XSUEO PLACENTEROENEROFEBREROMARZOABRILMAYOJUNIOJULIOAGOSTOSEPTIEMBREOCTUBRENOVIEMBREDICIEMBRETOTALProduccin requerida en unidades185,673188,391192,851202,416212,456222,994234,055245,664257,849270,638284,062295,2892,792,338Horas mano de obra directa por unidad27,85128,25928,92830,36231,86833,44935,10836,85038,67740,59642,60944,293418,851Costo M.O.D.526,104,446533,806,607546,443,489573,547,086601,995,021631,853,974663,193,931696,088,350730,614,333766,852,803804,888,702836,700,6507,912,089,393SALUD8.50%44,718,87845,373,56246,447,69748,751,50251,169,57753,707,58856,371,48459,167,51062,102,21865,182,48868,415,54071,119,555PENSION12%63,132,53364,056,79365,573,21968,825,65072,239,40375,822,47779,583,27283,530,60287,673,72092,022,33696,586,644100,404,078RIESGOS LABORALES0.52%2,746,2652,786,4702,852,4352,993,9163,142,4143,298,2783,461,8723,633,5813,813,8074,002,9724,201,5194,367,577CESANTIAS8.333333%43,842,03744,483,88445,536,95747,795,59050,166,25252,654,49855,266,16158,007,36360,884,52863,904,40067,074,05969,725,054INT CESANTIAS1%438,420444,839455,370477,956501,663526,545552,662580,074608,845639,044670,741697,251PRIMA8.33333%43,842,03744,483,88445,536,95747,795,59050,166,25252,654,49855,266,16158,007,36360,884,52863,904,40067,074,05969,725,054VACACIONES4.17%21,921,01922,241,94222,768,47923,897,79525,083,12626,327,24927,633,08029,003,68130,442,26431,952,20033,537,02934,862,527SENA2%10,522,08910,676,13210,928,87011,470,94212,039,90012,637,07913,263,87913,921,76714,612,28715,337,05616,097,77416,734,013ICBF3%15,783,13316,014,19816,393,30517,206,41318,059,85118,955,61919,895,81820,882,65121,918,43023,005,58424,146,66125,101,020CAJA DE COMPENSACION4%21,044,17821,352,26421,857,74022,941,88324,079,80125,274,15926,527,75727,843,53429,224,57330,674,11232,195,54833,468,026TOTAL COSTO M.O.D794,095,035805,720,575824,794,516865,704,324908,643,258953,711,9641,001,016,0771,050,666,4751,102,779,5321,157,477,3971,214,888,2761,262,904,806RELAXProduccin requerida en unidades174,387176,753183,003192,080201,607211,607222,102233,119244,681256,817269,556276,4592,642,170Horas mano de obra directa por unidad22,67022,97823,79024,97026,20927,50928,87330,30531,80933,38635,04235,940343,482Costo M.O.D.428,242,647434,052,833449,399,899471,690,134495,085,965519,642,228545,416,483572,469,141600,863,610630,666,445661,947,501678,899,2856,488,376,170SALUD8.50%36,400,62536,894,49138,198,99140,093,66142,082,30744,169,58946,360,40148,659,87751,073,40753,606,64856,265,53857,706,439PENSION12%51,389,11852,086,34053,927,98856,602,81659,410,31662,357,06765,449,97868,696,29772,103,63375,679,97379,433,70081,467,914RIESGOS LABORALES0.52%2,235,4272,265,7562,345,8672,462,2222,584,3492,712,5322,847,0742,988,2893,136,5083,292,0793,455,3663,543,854CESANTIAS8.333333%35,686,88736,171,06937,449,99239,307,51141,257,16443,303,51945,451,37447,705,76250,071,96752,555,53755,162,29256,574,940INT CESANTIAS1%356,869361,711374,500393,075412,572433,035454,514477,058500,720525,555551,623565,749PRIMA8.333333%35,686,88736,171,06937,449,99239,307,51141,257,16443,303,51945,451,37447,705,76250,071,96752,555,53755,162,29256,574,940VACACIONES4.17%17,843,44418,085,53518,724,99619,653,75620,628,58221,651,76022,725,68723,852,88125,035,98426,277,76927,581,14628,287,470SENA2%8,564,8538,681,0578,987,9989,433,8039,901,71910,392,84510,908,33011,449,38312,017,27212,613,32913,238,95013,577,986ICBF3%12,847,27913,021,58513,481,99714,150,70414,852,57915,589,26716,362,49417,174,07418,025,90818,919,99319,858,42520,366,979CAJA DE COMPENSACION4%17,129,70617,362,11317,975,99618,867,60519,803,43920,785,68921,816,65922,898,76624,034,54425,226,65826,477,90027,155,971TOTAL COSTO M.O.D646,383,742655,153,559678,318,215711,962,799747,276,154784,341,051823,244,367864,077,288906,935,521951,919,523999,134,7311,024,721,529Maximo ConfortProduccin requerida en unidades161,290163,233166,166174,408183,059192,138201,668211,671222,170233,190244,756255,3802,409,129Horas mano de obra directa por unidad25,80626,11726,58727,90529,28930,74232,26733,86735,54737,31039,16140,861385,461Costo M.O.D.487,482,292493,355,570502,220,560527,130,700553,276,383580,718,891609,522,548639,754,867671,486,708704,792,449739,750,154771,861,4637,281,352,585SALUD8.50%41,435,99541,935,22342,688,74844,806,10947,028,49349,361,10651,809,41754,379,16457,076,37059,907,35862,878,76365,608,224PENSION12%58,497,87559,202,66860,266,46763,255,68466,393,16669,686,26773,142,70676,770,58480,578,40584,575,09488,770,01992,623,376RIESGOS LABORALES0.52%2,544,6582,575,3162,621,5912,751,6222,888,1033,031,3533,181,7083,339,5203,505,1613,679,0173,861,4964,029,117CESANTIAS8.333333%40,623,52441,112,96441,851,71343,927,55846,106,36548,393,24150,793,54653,312,90655,957,22658,732,70461,645,84664,321,789INT CESANTIAS1%406,235411,130418,517439,276461,064483,932507,935533,129559,572587,327616,458643,218PRIMA8.333333%40,623,52441,112,96441,851,71343,927,55846,106,36548,393,24150,793,54653,312,90655,957,22658,732,70461,645,84664,321,789VACACIONES4.17%20,311,76220,556,48220,925,85721,963,77923,053,18324,196,62025,396,77326,656,45327,978,61329,366,35230,822,92332,160,894SENA2%9,749,6469,867,11110,044,41110,542,61411,065,52811,614,37812,190,45112,795,09713,429,73414,095,84914,795,00315,437,229ICBF3%14,624,46914,800,66715,066,61715,813,92116,598,29117,421,56718,285,67619,192,64620,144,60121,143,77322,192,50523,155,844CAJA DE COMPENSACION4%19,499,29219,734,22320,088,82221,085,22822,131,05523,228,75624,380,90225,590,19526,859,46828,191,69829,590,00630,874,459TOTAL COSTO M.O.D735,799,271744,664,320758,045,017795,644,050835,107,995876,529,352920,005,207965,637,4661,013,533,0841,063,804,3251,116,569,0191,165,037,4012,176,278,0482,205,538,4542,261,157,7492,373,311,1732,491,027,4072,614,582,3672,744,265,6522,880,381,2283,023,248,1373,173,201,2453,330,592,0273,452,663,736

PRESUPUESTO DE COSTOS INDIRECTOS DE FABRICACIN

PRESUPUESTO DE COSTOS INDIRECTOS DE FABRICACINCostos Indirectos de Fabricacin (C.I.F.)Primer Trimestre de 201XENEROFEBREROMARZOABRILMAYOJUNIOJULIOAGOSTOSEPTIEMBREOCTUBRENOVIEMBREDICIEMBREFIJOVARIABLEFIJOVARIABLEFIJOVARIABLEFIJOVARIABLEFIJOVARIABLEFIJOVARIABLEFIJOVARIABLEFIJOVARIABLEFIJOVARIABLEFIJOVARIABLEFIJOVARIABLEFIJOVARIABLEGastos de Asdministracion$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000Seguros$ 7,000,000$ 7,000,000$ 7,000,000$ 7,000,000$ 7,000,000$ 7,000,000$ 7,000,000$ 7,000,000$ 7,000,000$ 7,000,000$ 7,000,000$ 7,000,000Gastos de Energia, Combustible$ 80,000,000$ 80,000,000$ 80,000,000$ 80,000,000$ 80,000,000$ 80,000,000$ 80,000,000$ 80,000,000$ 80,000,000$ 80,000,000$ 80,000,000$ 80,000,000Supervision$ 1,088,139,024$ 1,102,769,227$ 1,130,578,874$ 1,186,655,586$ 1,245,513,704$ 1,307,291,183$ 1,372,132,826$ 1,440,190,614$ 1,511,624,069$ 1,586,600,622$ 1,665,296,013$ 1,726,331,868Accesorios$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000Depreciacin$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 10,000,000$ 120,000,000Total Costos Indirectos de Fabricacin$ 117,000,000$ 1,088,139,024$ 117,000,000$ 1,102,769,227$ 117,000,000$ 1,130,578,874$ 117,000,000$ 1,186,655,586$ 117,000,000$ 1,245,513,704$ 117,000,000$ 1,307,291,183$ 117,000,000$ 1,372,132,826$ 117,000,000$ 1,440,190,614$ 117,000,000$ 1,511,624,069$ 117,000,000$ 1,586,600,622$ 117,000,000$ 1,665,296,013$ 117,000,000$ 1,726,331,868$ 1,205,139,024$ 1,219,769,227$ 1,247,578,874$ 1,303,655,586$ 1,362,513,704$ 1,424,291,183$ 1,489,132,826$ 1,557,190,614$ 1,628,624,069$ 1,703,600,622$ 1,782,296,013$ 1,843,331,868

PRESUPUESTO DE COSTO DE INVENTARIOS FINALES

PRESUPUESTO DE COSTO DE INVENTARIOS FINALESCosto de Inventarios FinalesPrimer Trimestre de 201XESPUMAS AESPUMAS BESPUMAS CMATERIALES DIRECTOS UNIDADESCOSTO UNDVALORUNIDADESCOSTO UNDVALORUNIDADESCOSTO UNDVALOREnero1,585$ 100,000.00$ 158,513,250.001,126$ 200,000.00$ 225,158,485.00$ 1,585$ 200,000.00$ 317,026,500.00Febrero1,626$ 100,000.00$ 162,605,993.521,154$ 200,000.00$ 230,756,114.23$ 1,626$ 200,000.00$ 325,211,987.04Marzo1,707$ 100,000.00$ 170,671,250.801,211$ 200,000.00$ 242,201,617.50$ 1,707$ 200,000.00$ 341,342,501.60Abril1,791$ 100,000.00$ 179,136,544.841,271$ 200,000.00$ 254,214,817.73$ 1,791$ 200,000.00$ 358,273,089.68Mayo1,880$ 100,000.00$ 188,021,717.461,334$ 200,000.00$ 266,823,872.69$ 1,880$ 200,000.00$ 376,043,434.92Junio1,973$ 100,000.00$ 197,347,594.651,470$ 200,000.00$ 293,949,230.27$ 1,973$ 200,000.00$ 394,695,189.30Julio2,071$ 100,000.00$ 207,136,035.341,470$ 200,000.00$ 293,949,230.27$ 2,071$ 200,000.00$ 414,272,070.69Agosto2,174$ 100,000.00$ 217,409,982.701,543$ 200,000.00$ 308,529,112.10$ 2,174$ 200,000.00$ 434,819,965.39Septiembre2,282$ 100,000.00$ 228,193,517.841,619$ 200,000.00$ 323,832,156.06$ 2,282$ 200,000.00$ 456,387,035.68Octubre2,395$ 100,000.00$ 239,511,916.321,699$ 200,000.00$ 339,894,231.00$ 2,395$ 200,000.00$ 479,023,832.64Noviembre2,481$ 100,000.00$ 248,138,284.941,762$ 200,000.00$ 352,398,235.33$ 2,481$ 200,000.00$ 496,276,569.87Diciembre2,535$ 100,000.00$ 253,463,000.001,799$ 200,000.00$ 359,704,000.00$ 2,535$ 200,000.00$ 506,926,000.00Jan-011,564$ 100,000.00$ 156,405,000.001,111$ 200,000.00$ 222,230,660.00$ 1,564$ 200,000.00$ 312,810,000.00

PRESUPUESTO DE COSTO DE INVENTARIOS FINALESCosto de Inventarios FinalesPrimer Trimestre de 201XTERMINADOSENEROFEBREROMARZOABRILMAYOJUNIOJULIOAGOSTOSEPTIEMBREOCTUBRENOVIEMBREDICIEMBREJan-01SUEO PLACENTERO46,92347,62249,98452,46455,06657,79760,66463,67366,83170,14673,62574,41446,250COSTO UNIDAD8,8258,8168,8188,8088,7988,7898,7808,7728,7648,7568,7498,7315,000VALOR414,077,256419,846,968440,781,367462,108,673484,493,813507,989,257532,650,074558,534,068585,701,908614,217,273644,147,000649,678,298231,250,000RELAX105,187106,628111,917117,468123,295129,410135,829142,566149,637157,059164,849166,559103,800COSTO UNIDAD8,6128,6098,5568,5468,5368,5278,5188,5108,5028,4948,4878,5327,000VALOR905,903,872917,917,290957,551,8271,003,850,9951,052,446,6021,103,452,5501,156,988,3941,213,179,6161,272,157,9221,334,061,5521,399,035,6031,421,080,693726,600,000MAXIMO CONFORT24,44024,74125,96827,25628,60830,02731,51633,07934,72036,44238,25038,63224,150COSTO UNIDAD10,06810,07310,10710,09710,08710,07810,06910,06110,05310,04510,0389,99612,000VALOR246,071,335249,210,474262,466,975275,206,752288,578,421302,613,326317,344,362332,806,057349,034,653366,068,186383,946,583386,169,745289,800,000COSTOS UNITARIOSENEROFEBREROMARZOABRILMAYOJUNIOJULIOAGOSTOSEPTIEMBREOCTUBRENOVIEMBREDICIEMBRESUEO PLACENTERO185,673188,391192,851202,416212,456222,994234,055245,664257,849270,638284,062295,289COSTO UNIDAD8,8258,8168,8188,8088,7988,7898,7808,7728,7648,7568,7498,731VALOR1,638,492,1321,660,893,7021,700,636,6461,782,922,3341,869,289,3931,959,940,2582,055,087,4052,154,953,8512,259,773,6732,369,792,5582,485,268,3802,578,036,964RELAX174,387176,753183,003192,080201,607211,607222,102233,119244,681256,817269,556276,459COSTO UNIDAD8,6128,6098,5568,5468,5368,5278,5188,5108,5028,4948,4878,532VALOR1,501,875,1301,521,591,0421,565,752,9371,641,459,6051,720,921,3231,804,324,3431,891,864,1531,983,745,9372,080,185,0572,181,407,5592,287,650,6962,358,743,562MAXIMO CONFORT161,290163,233166,166174,408183,059192,138201,668211,671222,170233,190244,756255,380COSTO UNIDAD10,06810,07310,10710,09710,08710,07810,06910,06110,05310,04510,0389,996VALOR1,623,941,1291,644,219,4071,679,495,2301,761,015,5601,846,579,2991,936,386,9992,030,649,1612,129,586,7272,233,431,5952,342,427,1692,456,828,9242,552,841,258

CIF (CUADRO PRESUPUESTO DE COSTO PRODUCTOS VENDIDOSNECESIDADES DE PRODUCCIONEneroFebreroMarzoAbrilMayoJunioJulioAgostoSeptiembreOctubreNoviembreDiciembreSueo placentero185,673188,391192,851202,416212,456222,994234,055245,664257,849270,638284,062295,289Relax174,387176,753183,003192,080201,607211,607222,102233,119244,681256,817269,556276,459Maximo confort161,290163,233166,166174,408183,059192,138201,668211,671222,170233,190244,756255,380TOTAL N PCC521,350528,378542,020568,904597,122626,739657,825690,453724,700760,645798,373827,128%35.61%35.65%35.58%35.58%35.58%35.58%35.58%35.58%35.58%35.58%35.58%35.70%35.60%%33.45%33.45%33.76%33.76%33.76%33.76%33.76%33.76%33.76%33.76%33.76%33.42%33.68%%30.94%30.89%30.66%30.66%30.66%30.66%30.66%30.66%30.66%30.66%30.66%30.88%30.72%TOTAL DE PORDENTAJE 100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%Sueo placentero$ 429,019,100.13$ 434,227,326.23$ 444,127,320.89$ 464,090,146.85$ 485,043,128.97$ 507,035,379.01$ 530,118,444.65$ 554,346,430.35$ 579,776,124.14$ 606,467,130.74$ 634,482,011.27$ 656,210,249.19Relax$ 405,924,059.62$ 410,851,915.47$ 420,218,971.66$ 439,107,154.85$ 458,932,191.92$ 479,740,550.84$ 501,581,004.35$ 524,504,744.37$ 548,565,501.88$ 573,819,672.97$ 600,326,450.94$ 620,885,010.09Maximo confort$ 370,195,864.21$ 374,689,985.24$ 383,232,581.77$ 400,458,284.79$ 418,538,382.68$ 437,515,253.42$ 457,433,376.96$ 478,339,439.42$ 500,282,442.57$ 523,313,818.69$ 547,487,551.06$ 566,236,608.65TOTAL$ 1,205,139,023.95$ 1,219,769,226.94$ 1,247,578,874.32$ 1,303,655,586.49$ 1,362,513,703.58$ 1,424,291,183.28$ 1,489,132,825.97$ 1,557,190,614.13$ 1,628,624,068.60$ 1,703,600,622.40$ 1,782,296,013.27$ 1,843,331,867.93

MATERIAS PRIMASSUEO PLACENTERORELAXMAXIMO CONFORTTOTALSUEO PLACENTERORELAXMAXIMO CONFORTESPUMA A222633.33%33.33%33.33%ESPUMA B3461323.08%30.77%46.15%ESPUMA C6661833.33%33.33%33.33%

MATERIAS PRIMAS POR PRODUCTOENEROFEBREROMARZOABRILMAYOJUNIOJULIOAGOSTOSEPTIEMBREOCTUBRENOVIEMBREDICIEMBRESUEO PLACENTERO$ 415,377,996.92$ 420,945,800.77$ 431,714,808.99$ 453,127,863.52$ 475,603,005.55$ 499,192,914.63$ 523,952,883.19$ 549,940,946.20$ 577,218,017.13$ 605,848,030.78$ 635,898,093.10$ 658,921,909.26RELAX$ 449,567,329.23$ 455,585,567.69$ 467,215,749.64$ 490,389,650.83$ 514,712,977.51$ 540,242,741.19$ 567,038,781.16$ 595,163,904.70$ 624,684,034.37$ 655,668,362.48$ 688,189,513.26$ 713,137,022.38MAXIMO CONFORT$ 517,945,993.85$ 524,865,101.54$ 538,217,630.95$ 564,913,225.44$ 592,932,921.42$ 622,342,394.33$ 653,210,577.08$ 685,609,821.71$ 719,616,068.86$ 755,309,025.88$ 792,772,353.56$ 821,567,248.64TOTAL$ 1,382,891,320.00$ 1,401,396,470.00$ 1,437,148,189.58$ 1,508,430,739.79$ 1,583,248,904.48$ 1,661,778,050.14$ 1,744,202,241.43$ 1,830,714,672.61$ 1,921,518,120.37$ 2,016,825,419.14$ 2,116,859,959.93$ 2,193,626,180.28

MANO DE OBRA DIRECTAENEROFEBREROMARZOABRILMAYOJUNIOJULIOAGOSTOSEPTIEMBREOCTUBRENOVIEMBREDICIEMBRESUEO PLACENTERO794,095,035805,720,575824,794,516865,704,324908,643,258953,711,9641,001,016,0771,050,666,4751,102,779,5321,157,477,3971,214,888,2761,262,904,806RELAX646,383,742655,153,559678,318,215711,962,799747,276,154784,341,051823,244,367864,077,288906,935,521951,919,523999,134,7311,024,721,529MAXIMO CONFORT735,799,271744,664,320758,045,017795,644,050835,107,995876,529,352920,005,207965,637,4661,013,533,0841,063,804,3251,116,569,0191,165,037,401TOTAL2,176,278,0482,205,538,4542,261,157,7492,373,311,1732,491,027,4072,614,582,3672,744,265,6522,880,381,2283,023,248,1373,173,201,2453,330,592,0273,452,663,736

PRESUPUESTO DE COSTOS DE PRODUCTOS VENDIDOS

PRESUPUESTO DE COSTOS DE PRODUCTOS VENDIDOSCosto de Productos VendidosPrimer Trimestre de 201XENEROFEBREROMARZOABRILMAYOJUNIOJULIOAGOSTOSEPTIEMBREOCTUBRENOVIEMBREDICIEMBRETOTALMateriales Directos$ 1,382,891,320.00$ 1,401,396,470.00$ 1,437,148,189.58$ 1,508,430,739.79$ 1,583,248,904.48$ 1,661,778,050.14$ 1,744,202,241.43$ 1,830,714,672.61$ 1,921,518,120.37$ 2,016,825,419.14$ 2,116,859,959.93$ 2,193,626,180.28$ 20,798,640,267.74Mano de Obra Directa$ 2,176,278,047.91$ 2,205,538,453.88$ 2,261,157,748.64$ 2,373,311,172.98$ 2,491,027,407.16$ 2,614,582,366.55$ 2,744,265,651.93$ 2,880,381,228.27$ 3,023,248,137.19$ 3,173,201,244.80$ 3,330,592,026.54$ 3,452,663,735.86$ 32,726,247,221.71Costos Indirectos de Fabricacin$ 1,205,139,023.95$ 1,219,769,226.94$ 1,247,578,874.32$ 1,303,655,586.49$ 1,362,513,703.58$ 1,424,291,183.28$ 1,489,132,825.97$ 1,557,190,614.13$ 1,628,624,068.60$ 1,703,600,622.40$ 1,782,296,013.27$ 1,843,331,867.93$ 17,767,123,610.85Total Costos de Produccin$ 4,764,308,391.86$ 4,826,704,150.83$ 4,945,884,812.55$ 5,185,397,499.25$ 5,436,790,015.22$ 5,700,651,599.97$ 5,977,600,719.33$ 6,268,286,515.01$ 6,573,390,326.15$ 6,893,627,286.33$ 7,229,747,999.73$ 7,489,621,784.07$ 71,292,011,100.30Inventario Inicial de Productos en Proceso0.00.00.00.00.00.00.00.00.00.00.00.00Costo de Productos en Proceso$ 4,764,308,391.86$ 4,826,704,150.83$ 4,945,884,812.55$ 5,185,397,499.25$ 5,436,790,015.22$ 5,700,651,599.97$ 5,977,600,719.33$ 6,268,286,515.01$ 6,573,390,326.15$ 6,893,627,286.33$ 7,229,747,999.73$ 7,489,621,784.07$ 71,292,011,100.30Inventario Final de Productos en Proceso0.00.00.00.00.00.00.00.00.00.00.00.00Costo de Productos Terminados$ 4,764,308,391.86$ 4,826,704,150.83$ 4,945,884,812.55$ 5,185,397,499.25$ 5,436,790,015.22$ 5,700,651,599.97$ 5,977,600,719.33$ 6,268,286,515.01$ 6,573,390,326.15$ 6,893,627,286.33$ 7,229,747,999.73$ 7,489,621,784.07$ 71,292,011,100.30Inventario Inicial de Productos Terminados$ 1,247,650,000.00$ 1,566,052,462.90$ 1,586,974,731.30$ 1,660,800,168.72$ 1,741,166,419.57$ 1,825,518,836.46$ 1,914,055,133.22$ 2,006,982,830.31$ 2,104,519,741.17$ 2,206,894,482.81$ 2,314,347,011.64$ 2,427,129,185.90$ 1,247,650,000.00Costo de Productos Disponibles para la Venta$ 6,011,958,391.86$ 6,392,756,613.72$ 6,532,859,543.85$ 6,846,197,667.97$ 7,177,956,434.78$ 7,526,170,436.43$ 7,891,655,852.55$ 8,275,269,345.32$ 8,677,910,067.33$ 9,100,521,769.14$ 9,544,095,011.37$ 9,916,750,969.97$ 72,539,661,100.30Inventario Final de Productos Terminados$ 1,566,052,462.90$ 1,586,974,731.30$ 1,660,800,168.72$ 1,741,166,419.57$ 1,825,518,836.46$ 1,914,055,133.22$ 2,006,982,830.31$ 2,104,519,741.17$ 2,206,894,482.81$ 2,314,347,011.64$ 2,427,129,185.90$ 2,456,928,735.07$ 2,456,928,735.07Costo de Productos Vendidos$ 4,445,905,928.96$ 4,805,781,882.42$ 4,872,059,375.14$ 5,105,031,248.41$ 5,352,437,598.33$ 5,612,115,303.20$ 5,884,673,022.24$ 6,170,749,604.15$ 6,471,015,584.51$ 6,786,174,757.50$ 7,116,965,825.47$ 7,459,822,234.90$ 70,082,732,365.23

PRESUPUESTO DE GASTOS DE ADMINISTRACIN Y DE VENTASGastos de Administracin y de VentasPrimer Trimestre de 201XENEROFEBREROMARZOABRILMAYOJUNIOJULIOAGOSTOSEPTIEMBREOCTUBRENOVIEMBREDICIEMBREFIJOVARIABLEFIJOVARIABLEFIJOVARIABLEFIJOVARIABLEFIJOVARIABLEFIJOVARIABLEFIJOVARIABLEFIJOVARIABLEFIJOVARIABLEFIJOVARIABLEFIJOVARIABLEFIJOVARIABLEGASTOS DE ADMINISTRACIONSalarios$ 35,000,000$ 35,000,000$ 35,000,000$ 35,000,000$ 35,000,000$ 35,000,000$ 35,000,000$ 35,000,000$ 35,000,000$ 35,000,000$ 35,000,000$ 35,000,000prestaciones sociales21.833333%$ 7,641,667$ 7,641,667$ 7,641,667$ 7,641,667$ 7,641,667$ 7,641,667$ 7,641,667$ 7,641,667$ 7,641,667$ 7,641,667$ 7,641,667$ 7,641,667seguridad social20.50%$ 7,175,000$ 7,175,000$ 7,175,000$ 7,175,000$ 7,175,000$ 7,175,000$ 7,175,000$ 7,175,000$ 7,175,000$ 7,175,000$ 7,175,000$ 7,175,000impuestos9.00%$ 3,150,000$ 3,150,000$ 3,150,000$ 3,150,000$ 3,150,000$ 3,150,000$ 3,150,000$ 3,150,000$ 3,150,000$ 3,150,000$ 3,150,000$ 3,150,000Total salarios$ 52,966,667$ 52,966,667$ 52,966,667$ 52,966,667$ 52,966,667$ 52,966,667$ 52,966,667$ 52,966,667$ 52,966,667$ 52,966,667$ 52,966,667$ 52,966,667Comisiones 1%0.0$ 385,595,0000$ 390,602,1000.0$ 410,290,4000$ 430,640,8040$ 468,543,8100$ 491,783,5830$ 535,068,0920.0$ 561,607,4690$ 611,037,5530$ 641,345,0150$ 697,793,2280$ 732,403,772Papeleria y utiles de oficina$ 50,000,000$ 50,000,000$ 50,000,000$ 50,000,000$ 50,000,000$ 50,000,000$ 50,000,000$ 50,000,000$ 50,000,000$ 50,000,000$ 50,000,000$ 50,000,000Depreciacion$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 240,000,000Gastos varios$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000TOTAL GASTOS DE ADMINISTRACION$ 528,561,667$ 533,568,767$ 553,257,067$ 573,607,471$ 611,510,476$ 634,750,249$ 678,034,758$ 704,574,136$ 754,004,219$ 784,311,682$ 840,759,894$ 875,370,439GASTOS DE VENTASSalarios$ 40,000,000$ 40,000,000$ 40,000,000$ 40,000,000$ 40,000,000$ 40,000,000$ 40,000,000$ 40,000,000$ 40,000,000$ 40,000,000$ 40,000,000$ 40,000,000prestaciones sociales21.833333%$ 8,733,333$ 8,733,333$ 8,733,333$ 8,733,333$ 8,733,333$ 8,733,333$ 8,733,333$ 8,733,333$ 8,733,333$ 8,733,333$ 8,733,333$ 8,733,333seguridad social20.500000%$ 8,200,000$ 8,200,000$ 8,200,000$ 8,200,000$ 8,200,000$ 8,200,000$ 8,200,000$ 8,200,000$ 8,200,000$ 8,200,000$ 8,200,000$ 8,200,000impuestos9.000000%$ 3,600,000$ 3,600,000$ 3,600,000$ 3,600,000$ 3,600,000$ 3,600,000$ 3,600,000$ 3,600,000$ 3,600,000$ 3,600,000$ 3,600,000$ 3,600,000Total salarios$ 60,533,333$ 60,533,333$ 60,533,333$ 60,533,333$ 60,533,333$ 60,533,333$ 60,533,333$ 60,533,333$ 60,533,333$ 60,533,333$ 60,533,333$ 60,533,333Comisiones3%$ 1,156,785,000$ 1,171,806,300$ 1,230,871,201$ 1,291,922,413$ 1,405,631,429$ 1,475,350,748$ 1,605,204,2750.0$ 1,684,822,4080.0$ 1,833,112,6580.0$ 1,924,035,046$ 2,093,379,683$ 2,197,211,316Papeleria y utiles de oficina$ 50,000,000$ 50,000,000$ 50,000,000$ 50,000,000$ 50,000,000$ 50,000,000$ 50,000,000$ 50,000,000$ 50,000,000$ 50,000,000$ 50,000,000$ 50,000,000Depreciacion$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 240,000,000Gastos varios$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000$ 20,000,000Publicidad$ 15,000,000$ 15,000,000$ 15,000,000$ 15,000,000$ 15,000,000$ 15,000,000$ 15,000,000$ 15,000,000$ 15,000,000$ 15,000,000$ 15,000,000$ 15,000,000Viajes$ 2,000,000$ 2,000,000$ 2,000,000$ 2,000,000$ 2,000,000$ 2,000,000$ 2,000,000$ 2,000,000$ 2,000,000$ 2,000,000$ 2,000,000$ 2,000,000TOTAL GASTOS DE VENTAS$ 1,324,318,333$ 1,339,339,633$ 1,398,404,535$ 1,459,455,746$ 1,573,164,763$ 1,642,884,082$ 1,772,737,609$ 1,852,355,741$ 2,000,645,992$ 2,091,568,379$ 2,260,913,017$ 2,364,744,649

ESTADO DE PERDIDAS Y GANANCIAS PRESUPUESTADO

El resultado final del presupuesto operativo es el Estado de Perdidas y Ganancias Presupuestado.

Impuesto de Renta25%Reserva Legal10%ESTADO DE PERDIDAS Y GANANCIAS PRESUPUESTADOEstado de Resultados a 31 de Marzo de 201XPrimer Trimestre de 201XENEROFEBREROMARZOABRILMAYOJUNIOJULIOAGOSTOSEPTIEMBREOCTUBRENOVIEMBREDICIEMBREANUALVentas$ 38,559,500,000.00$ 39,060,210,000.00$ 41,029,040,048.50$ 43,064,080,434.91$ 46,854,380,977.45$ 49,178,358,273.93$ 53,506,809,181.62$ 56,160,746,917.03$ 61,103,755,274.80$ 64,134,501,536.43$ 69,779,322,777.58$ 73,240,377,187.35$ 635,671,082,609.62Costo de Productos Vendidos$ 4,445,905,928.96$ 4,805,781,882.42$ 4,872,059,375.14$ 5,105,031,248.41$ 5,352,437,598.33$ 5,612,115,303.20$ 5,884,673,022.24$ 6,170,749,604.15$ 6,471,015,584.51$ 6,786,174,757.50$ 7,116,965,825.47$ 7,459,822,234.90$ 70,082,732,365.23Utilidad Bruta$ 34,113,594,071.04$ 34,254,428,117.58$ 36,156,980,673.37$ 37,959,049,186.50$ 41,501,943,379.13$ 43,566,242,970.73$ 47,622,136,159.38$ 49,989,997,312.89$ 54,632,739,690.29$ 57,348,326,778.93$ 62,662,356,952.11$ 65,780,554,952.45$ 565,588,350,244.40Gastos de Operacin$ 29,152,843,304.38Gastos de Administracin$ 528,561,666.67$ 533,568,766.67$ 553,257,067.15$ 573,607,471.02$ 611,510,476.44$ 634,750,249.41$ 678,034,758.48$ 704,574,135.84$ 754,004,219.41$ 784,311,682.03$ 840,759,894.44$ 875,370,438.54$ 8,072,310,826.10Gastos de Ventas$ 1,324,318,333.33$ 1,339,339,633.33$ 1,398,404,534.79$ 1,459,455,746.38$ 1,573,164,762.66$ 1,642,884,081.55$ 1,772,737,608.78$ 1,852,355,740.84$ 2,000,645,991.58$ 2,091,568,379.43$ 2,260,913,016.66$ 2,364,744,648.95$ 21,080,532,478.29Ingresos NO Operacionales0.00.00.00.00.00.00.00.00.00.00.00.00.0Gastos NO Operacionales financieros$ 728,009,675.94$ 716,504,360.86$ 704,653,886.32$ 692,447,897.55$ 679,875,729.12$ 666,926,395.63$ 653,588,582.14$ 639,850,634.24$ 625,700,547.91$ 611,125,958.98$ 596,114,132.39$ 580,651,951.00$ 7,895,449,752.080.0Utilidad Antes de Impuestos$ 31,532,704,395.10$ 31,665,015,356.72$ 33,500,665,185.10$ 35,233,538,071.55$ 38,637,392,410.91$ 40,621,682,244.14$ 44,517,775,209.98$ 46,793,216,801.97$ 51,252,388,931.39$ 53,861,320,758.49$ 58,964,569,908.61$ 61,959,787,913.96$ 528,540,057,187.93Impuesto de Renta$ 7,883,176,098.77$ 7,916,253,839.18$ 8,375,166,296.28$ 8,808,384,517.89$ 9,659,348,102.73$ 10,155,420,561.04$ 11,129,443,802.49$ 11,698,304,200.49$ 12,813,097,232.85$ 13,465,330,189.62$ 14,741,142,477.15$ 15,489,946,978.49$ 132,135,014,296.98Reserva Legal$ 3,153,270,439.51$ 3,166,501,535.67$ 3,350,066,518.51$ 3,523,353,807.16$ 3,863,739,241.09$ 4,062,168,224.41$ 4,451,777,521.00$ 4,679,321,680.20$ 5,125,238,893.14$ 5,386,132,075.85$ 5,896,456,990.86$ 6,195,978,791.40$ 52,854,005,718.79Utilidad Neta$ 20,496,257,856.81$ 20,582,259,981.87$ 21,775,432,370.32$ 22,901,799,746.51$ 25,114,305,067.09$ 26,404,093,458.69$ 28,936,553,886.49$ 30,415,590,921.28$ 33,314,052,805.41$ 35,009,858,493.02$ 38,326,970,440.60$ 40,273,862,144.07$ 343,551,037,172.15precioscantidades

P. financiero

PRESUPUESTO FINANCIERO

La esencia del presupuesto financiero nace de la informacin generada por el presupuesto operativo. Para el empresario es vital poseer informacin acerca del comportamiento de sus flujos de efectivo, estos flujos de dinero le haran ver con que liquidez cuenta y cuando esta va a ser escasa. No hay que olvidar que aunque la empresa sea muy rentable si no posee liquedez puede quebrar.

PRESUPUESTO DE INGRESOS DE CAJA

Este presupuesto corresponde a la planeacion de ingresos para la empresa, sus ingresos estan generados basicamente por los cobros por ventas a clientes ya sean estos de contado o a credito.

El patron de conducta de los cobros por ventas, se desprende de la politica de ventas de la empresa para nuestro ejemplo se desprende el siguiente patron

Recaudo a 30 dias20%Recaudo a 60 das50%Recaudo a 90 das30%Ventas de Contado5%Cuentas incobrables0.0Ventas netas de diciembre0.0

PRONOSTICO DE INGRESOS DE CAJAPresupuesto de Ingresos de CajaPrimer Trimestre de 201XENEROFEBREROMARZOABRILMAYOJUNIOJULIOAGOSTOSEPTIEMBREOCTUBRENOVIEMBREDICIEMBREVENTAS ENERO$ 7,711,900,000.00$ 19,279,750,000.00$ 11,567,850,000.00VENTAS FEBRERO$ 7,812,042,000.00$ 19,530,105,000.00$ 11,718,063,000.00VENTAS DE MARZO$ 8,205,808,009.70$ 20,514,520,024.25$ 12,308,712,014.55VENTAS DE ABRIL$ 8,612,816,086.98$ 21,532,040,217.45$ 12,919,224,130.47VENTAS DE MAYO$ 9,370,876,195.49$ 23,427,190,488.73$ 14,056,314,293.24VENTAS DE JUNIO$ 9,835,671,654.79$ 26,753,404,590.81$ 16,848,224,075.11VENTAS DE JULIO$ 10,701,361,836.32$ 28,080,373,458.52$ 18,331,126,582.44VENTAS DE AGOSTO$ 11,232,149,383.41$ 28,080,373,458.52$ 16,848,224,075.11VENTAS DE SEPTIEMBRE$ 12,220,751,054.96$ 30,551,877,637.40$ 18,331,126,582.44VENTAS DE OCTUBRE$ 12,826,900,307.29$ 32,067,250,768.22$ 19,240,350,460.93VENTAS DE NOVIEMBRE$ 13,955,864,555.52$ 36,620,188,593.68VENTAS DE DICIEMBRE$ 14,648,075,437.47INGRESOS DE CAJA$ 7,711,900,000$ 27,091,792,000$ 39,303,763,010$ 40,845,399,111$ 43,211,628,427$ 46,182,086,274$ 51,511,080,720$ 56,160,746,917$ 58,632,251,096$ 60,227,002,020$ 64,354,241,906$ 70,508,614,492$ 565,740,505,974

Pagos de contado10%50%Pagos a 30 dias40%Pagos a 60 dias50%

PRONOSTICO DE EGRESOS DE CAJAPresupuesto de Ingresos de CajaPrimer Trimestre de 201Xcompras de materiales directosENEROFEBREROMARZOABRILMAYOJUNIOJULIOAGOSTOSEPTIEMBREOCTUBRENOVIEMBREDICIEMBREENERO$ 696,071,947.50$ 696,071,947.500.0FEBRERO$ 555,339,414.90$ 555,339,414.90MARZO$ 581,974,225.86$ 581,974,225.860.0ABRIL$ 618,379,174.83$ 618,379,174.830.0MAYO$ 649,050,781.90$ 649,050,781.900.0JUNIO$ 681,243,700.68$ 681,243,700.680.0JULIO$ 715,033,388.23$ 715,033,388.230.0AGOSTO$ 750,499,044.29$ 750,499,044.290.0SEPTIEMBRE$ 787,723,796.89$ 787,723,796.890.0OCTUBRE$ 826,794,897.21$ 826,794,897.210.0NOVIEMBRE$ 860,746,415.70$ 860,746,415.70DICIEMBRE$ 877,567,497.36INGRESOS DE CAJA$ 696,071,948$ 1,251,411,362$ 1,137,313,641$ 1,200,353,401$ 1,267,429,957$ 1,330,294,483$ 1,396,277,089$ 1,465,532,433$ 1,538,222,841$ 1,614,518,694$ 1,687,541,313$ 1,738,313,913$ 16,323,281,073PRESUPUESTO DE CAJA O FLUJO DE CAJA

La nomina se paga al final de mesCompra de Equipos de OficinaEnero$ 14,000,000.00Febrero$ 11,000,000.00Marzo$ 17,000,000.00ERROR:#REF!Saldo anterior de cajaDiciembre$ 35,000,000.00Poltica de saldo de caja$ 25,000,000,000Pago impuesto de rentaEnero$ 8,000,000.00Febrero$ 7,000,000.00Marzo$ 8,000,000.00Periodo de amortizacin36 AosERROR:#REF!Tasa de inters bancaria28%A.M.V.3%Mensual

Datos adicionales.

AMORTIZACIN DE CREDITOPERIODOCUOTAINTERESESABONO A CAPITALSALDO$ 24,266,989,198ENERO$ 1,111,520,178.69$ 728,009,675.94$ 383,510,502.75$ 23,883,478,695.25FEBRERO$ 1,111,520,178.69$ 716,504,360.86$ 395,015,817.84$ 23,488,462,877.41MARZO$ 1,111,520,178.69$ 704,653,886.32$ 406,866,292.37$ 23,081,596,585.04ABRIL$ 1,111,520,178.69$ 692,447,897.55$ 419,072,281.14$ 22,662,524,303.89MAYO$ 1,111,520,178.69$ 679,875,729.12$ 431,644,449.58$ 22,230,879,854.32JUNIO$ 1,111,520,178.69$ 666,926,395.63$ 444,593,783.06$ 21,786,286,071.25JULIO$ 1,111,520,178.69$ 653,588,582.14$ 457,931,596.56$ 21,328,354,474.69AGOSTO$ 1,111,520,178.69$ 639,850,634.24$ 471,669,544.45$ 20,856,684,930.24SEPTIEMBRE$ 1,111,520,178.69$ 625,700,547.91$ 485,819,630.79$ 20,370,865,299.45OCTUBRE$ 1,111,520,178.69$ 611,125,958.98$ 500,394,219.71$ 19,870,471,079.74NOVIEMBRE$ 1,111,520,178.69$ 596,114,132.39$ 515,406,046.30$ 19,355,065,033.44DICIEMBRE$ 1,111,520,178.69$ 580,651,951.00$ 530,868,227.69$ 18,824,196,805.75ENERO$ 1,111,520,178.69$ 564,725,904.17$ 546,794,274.52$ 18,277,402,531.23FEBRERO$ 1,111,520,178.69$ 548,322,075.94$ 563,198,102.76$ 17,714,204,428.47MARZO$ 1,111,520,178.69$ 531,426,132.85$ 580,094,045.84$ 17,134,110,382.63ABRIL$ 1,111,520,178.69$ 514,023,311.48$ 597,496,867.22$ 16,536,613,515.41MAYO$ 1,111,520,178.69$ 496,098,405.46$ 615,421,773.23$ 15,921,191,742.18JUNIO$ 1,111,520,178.69$ 477,635,752.27$ 633,884,426.43$ 15,287,307,315.75JULIO$ 1,111,520,178.69$ 458,619,219.47$ 652,900,959.22$ 14,634,406,356.53AGOSTO$ 1,111,520,178.69$ 439,032,190.70$ 672,487,988.00$ 13,961,918,368.53SEPTIEMBRE$ 1,111,520,178.69$ 418,857,551.06$ 692,662,627.64$ 13,269,255,740.89OCTUBRE$ 1,111,520,178.69$ 398,077,672.23$ 713,442,506.47$ 12,555,813,234.43NOVIEMBRE$ 1,111,520,178.69$ 376,674,397.03$ 734,845,781.66$ 11,820,967,452.77DICIEMBRE$ 1,111,520,178.69$ 354,629,023.58$ 756,891,155.11$ 11,064,076,297.65ENERO$ 1,111,520,178.69$ 331,922,288.93$ 779,597,889.76$ 10,284,478,407.89FEBRERO$ 1,111,520,178.69$ 308,534,352.24$ 802,985,826.46$ 9,481,492,581.43MARZO$ 1,111,520,178.69$ 284,444,777.44$ 827,075,401.25$ 8,654,417,180.18ABRIL$ 1,111,520,178.69$ 259,632,515.41$ 851,887,663.29$ 7,802,529,516.89MAYO$ 1,111,520,178.69$ 234,075,885.51$ 877,444,293.19$ 6,925,085,223.70JUNIO$ 1,111,520,178.69$ 207,752,556.71$ 903,767,621.98$ 6,021,317,601.72JULIO$ 1,111,520,178.69$ 180,639,528.05$ 930,880,650.64$ 5,090,436,951.08AGOSTO$ 1,111,520,178.69$ 152,713,108.53$ 958,807,070.16$ 4,131,629,880.92SEPTIEMBRE$ 1,111,520,178.69$ 123,948,896.43$ 987,571,282.27$ 3,144,058,598.65OCTUBRE$ 1,111,520,178.69$ 94,321,757.96$ 1,017,198,420.73$ 2,126,860,177.91NOVIEMBRE$ 1,111,520,178.69$ 63,805,805.34$ 1,047,714,373.36$ 1,079,145,804.56DICIEMBRE$ 1,111,520,178.69$ 32,374,374.14$ 1,079,145,804.56$ (0.00)

PRESUPUESTO DE CAJA O FLUJO DE CAJAFLUJO DE CAJAPrimer Trimestre de 201XENEROFEBREROMARZOABRILMAYOJUNIOJULIOAGOSTOSEPTIEMBREOCTUBRENOVIEMBREDICIEMBREANUALSaldo inicial de caja$ 35,000,000$ 25,000,000,000$ 25,000,000,000$ 25,000,000,000$ 25,000,000,000$ 25,000,000,000$ 25,000,000,000$ 25,000,000,000$ 25,000,000,000$ 25,000,000,000$ 25,000,000,000$ 25,000,000,000$ 35,000,000INGRESOS DE CAJACuentas por Cobrar0.0$ 19,279,750,000$ 31,097,955,000$ 32,232,583,024$ 33,840,752,232.00$ 36,346,414,619.20$ 40,809,718,884.05$ 44,928,597,533.63$ 46,411,500,041$ 47,400,101,712.51$ 50,398,377,350.66$ 55,860,539,054.61$ 438,606,289,452Ventas de contado$ 7,711,900,000$ 7,812,042,000$ 8,205,808,010$ 8,612,816,087$ 9,370,876,195.49$ 9,835,671,654.79$ 10,701,361,836.32$ 11,232,149,383.41$ 12,220,751,054.96$ 12,826,900,307.29$ 13,955,864,555.52$ 14,648,075,437.47$ 127,134,216,522Total Ingresos de Caja$ 7,711,900,000$ 27,091,792,000$ 39,303,763,010$ 40,845,399,111$ 43,211,628,427$ 46,182,086,274$ 51,511,080,720$ 56,160,746,917$ 58,632,251,096$ 60,227,002,020$ 64,354,241,906$ 70,508,614,492$ 565,740,505,974Total Disponible en Caja$ 7,746,900,000$ 52,091,792,000$ 64,303,763,010$ 65,845,399,111$ 68,211,628,427$ 71,182,086,274$ 76,511,080,720$ 81,160,746,917$ 83,632,251,096$ 85,227,002,020$ 89,354,241,906$ 95,508,614,492$ 565,705,505,974EGRESOS DE CAJAMateriales directos$ 696,071,948$ 1,251,411,362$ 1,137,313,641$ 1,200,353,401$ 1,267,429,957$ 1,330,294,483$ 1,396,277,089$ 1,465,532,433$ 1,538,222,841$ 1,614,518,694$ 1,687,541,313$ 1,738,313,913$ 16,323,281,073Mano de Obra Directa$ 2,176,278,048$ 2,205,538,454$ 2,261,157,749$ 2,373,311,173$ 2,491,027,407$ 2,614,582,367$ 2,744,265,652$ 2,880,381,228$ 3,023,248,137$ 3,173,201,245$ 3,330,592,027$ 3,452,663,736$ 32,726,247,222Costos Indirectos de Fabricacin$ 1,195,139,024$ 1,209,769,227$ 1,237,578,874$ 1,293,655,586$ 1,352,513,704$ 1,414,291,183$ 1,479,132,826$ 1,547,190,614$ 1,618,624,069$ 1,693,600,622$ 1,772,296,013.27$ 1,833,331,868$ 17,647,123,6110.0$ 1,618,624,0690.0$ 1,693,600,6220.0$ 1,772,296,0130.0$ 1,833,331,8680.0$ (120,000,000)0.00.00.00.0Gastos de Administracin$ 508,561,667$ 513,568,767$ 533,257,067$ 553,607,471591510476.441194$ 614,750,249$ 658,034,758684574135.83699734004219.414705764311682.031007820759894.442505855370438.540187$ 7,832,310,826Gastos de Ventas$ 1,304,318,333$ 1,319,339,633$ 1,378,404,535$ 1,439,455,7461553164762.656921622884081.551371752737608.782051832355740.84431980645991.577452071568379.426362240913016.660852344744648.95389$ 20,840,532,478Impuestos de Renta$ 8,000,000$ 7,000,000$ 8,000,0000.0000.00.00.00.00.00.0$ 23,000,000Compra de Equipos$ 14,000,000$ 11,000,000$ 17,000,0000.0000.00.00.00.00.00.0$ 42,000,000Total Egresos de Caja$ 5,902,369,019$ 6,517,627,443$ 6,572,711,866$ 6,860,383,378$ 7,255,646,307$ 7,596,802,363$ 8,030,447,934$ 8,410,034,152$ 8,894,745,258$ 9,317,200,623$ 9,852,102,264$ 10,224,424,604$ 95,434,495,210Supervit o Dficit$ 1,844,530,981$ 45,574,164,557$ 57,731,051,144$ 58,985,015,734$ 60,955,982,121$ 63,585,283,911$ 68,480,632,786$ 72,750,712,765$ 74,737,505,838$ 75,909,801,397$ 79,502,139,642$ 85,284,189,888$ 470,271,010,764FINANCIACINPrestamos a comienzo del mes$ 24,266,989,198$ 24,266,989,198Amortizacin del credito$ 383,510,503$ 395,015,818$ 406,866,292$ 419,072,281$ 431,644,449.58$ 444,593,783.06$ 457,931,596.56$ 471,669,544.45$ 485,819,630.79$ 500,394,219.71$ 515,406,046.30$ 530,868,227.69$ 5,442,792,392Inters mensual$ 728,009,676$ 716,504,361$ 704,653,886$ 692,447,898$ 679,875,729.12$ 666,926,395.63$ 653,588,582.14$ 639,850,634.24$ 625,700,547.91$ 611,125,958.98$ 596,114,132.39$ 580,651,951.00$ 7,895,449,752Efectos de la financiacin$ 23,155,469,019$ (1,111,520,179)$ (1,111,520,179)$ (1,111,520,179)$ (1,111,520,179)$ (1,111,520,179)$ (1,111,520,179)$ (1,111,520,179)$ (1,111,520,179)$ (1,111,520,179)$ (1,111,520,179)$ (1,111,520,179)$ 10,928,747,054SALDO FINAL EN CAJA$ 25,000,000,000$ 44,462,644,378$ 56,619,530,965$ 57,873,495,555$ 59,844,461,942$ 62,473,763,732$ 67,369,112,608$ 71,639,192,587$ 73,625,985,659$ 74,798,281,218$ 78,390,619,464$ 84,172,669,709$ 481,199,757,817INVERSIONES TEMPORALES$ 19,462,644,378$ 31,619,530,965$ 32,873,495,555$ 34,844,461,942$ 37,473,763,732$ 42,369,112,608$ 46,639,192,587$ 48,625,985,659$ 49,798,281,218$ 53,390,619,464$ 59,172,669,709$ 456,199,757,817SALDO FINAL EN CAJA$ 25,000,000,000$ 25,000,000,000$ 25,000,000,000$ 25,000,000,000$ 25,000,000,000$ 25,000,000,000$ 25,000,000,000$ 25,000,000,000$ 25,000,000,000$ 25,000,000,000$ 25,000,000,000$ 25,000,000,000$ 25,000,000,000

BALANCE GENERAL PRESUPUESTADO

El balance general tene los siguientes supuestos:

Del balance anterior se conocen algunas cuentas que se usaran para proyectar el balance general a 31 de marzo, ellas son: saldo inicial de cuentas por cobrar, valor de los terrenos, saldo de la depreciacin, saldo inicial de cuentas por pagar, edificios y equipos,capital pagado, saldo de las utilidades retenidas.

Cuentas por cobrar, el calculo corresponde a lo siguiente:

Saldo inicial a 31 de diciembre, balance anterior cuentas por cobrar$ 60,000,000.00Terrenos balance anterior$ 40,000,000.00Edificios y equiposSaldo inicial$ 170,000,000.00$ 215,000,000.00Capital pagado balance anteriorDebe ajustarse segn las necesidades del balance Utilidades retenidasSaldo inicial$ 350,577,790.00

BALANCE GENERAL PRESUPUESTADOBalance General a 31 de Diciembreanual de 201XACTIVOSPASIVOS Y PATRIMONIOCaja$ 25,000,000,000Cuentas por pagar$ 877,567,497Cuentas por cobrar$ 69,990,576,635.84Obligaciones Financieras$ 18,824,196,806Inventario de materiales$ 2,193,626,180.28Impuesto de Renta$ 132,135,014,297Inventario de productos terminados$ 2,456,928,735TOTAL PASIVOS$ 151,836,778,600Inversiones temporales$ 456,199,757,817PATRIMONIO0.0Total Activos Corrientes$ 555,840,889,368Capital pagado$ 6,903,490,087Utilidad del Ejercicio$ 343,551,037,172Terrenos$ 40,000,000Utilidades retenidas$ 350,577,790Edificios y equipos$ 215,000,000Reserva Legal$ 52,854,005,719Depreciacin acumulada$ (600,000,000)Total Patrimonio$ 403,659,110,768Activos Fijos Totales$ (345,000,000)TOTAL PASIVOS + PATRIMONIO$ 555,495,889,368ACTIVOS TOTALES$ 555,495,889,368