NAMA KELOMPOK

1.    Devy Rahmania Umami – 2001669536

2.    Deka Mauludi Yadiputra – 2001671521
3.    Elsi Rahmawati Putri – 2001665834
4.    Nadia Aniya Sudrajat – 2001660713
5.    Rodia Sakina - 2001668722

1. Berikut laporan laba rugi (Income Statements) SRITEX per 31 Desember 2015 dan 2014

SRITEX INC
INCOME STATEMENTS
FOR THE YEARS 2015 AND 2014

2015 2014
Sales 3,100,000 2,350,000
Cost of Goods Sold 1,860,000 1,410,000
Gross Profit 1,240,000 940,000
Depreciation 50,000 58,000
Selling and G&A Expenses 400,000 290,000
Lease Expense 50,000 65,000
EBIT 740,000 527,000
Interest Expenses 150,000 150,000
Earnings before taxes 590,000 377,000
Taxes 206,500 131,950
Net Income 383,500 245,050

Notes:
tax Rate 35% 35%
Shares 38,000 38,000
Earnings per Share 10.09 6.45

Anda diminta untuk menyusun proyeksi Rugi Laba (Income Statement) SRITEX INC. hingga 2019 dengan tahun
(laporan keuangan proforma) adalah sebagai berikut :

1.  Penjualan diproyeksikan meningkat 20% setiap tahun

2.  Harga per unit sebesar $22
3.  Persentase Variable Cost terhadap Sales sebesar 60%
4.  Fixed Cost sebesar $ 500.000
5.  Unit penjualan tahun 2015 sebesar 145.000
6.  Target EBIT sebesar $ 900.000
7.  Interest Expense sebesar $ 150.000
8.  Pajak sebesar 35%
9.  Preferen Stock sebesar $ 125.000
10.   Common Shares Outstanding 38.000 lembar

SOAL TAMBAHAN Soal –1

Perusahaan berencana menjual produknya seharga Rp 250
ribu per unit dengan biaya variabel Rp 80 ribu dan biaya
tetap sebesar Rp 5 juta. Tentukan tingkat penjualan
minimum dan unit minimumnya.

Dengan menggunakan asumsi di atas :

a.       Buatlah laporan laba rugi (Income Statement) proyeksi hingga 2019
b.      Hitunglah Operating Breakeven Point (BEP) dalam unit dan Dollar
c.       Unit terjual hingga bisa mencapai EBIT yang ditargetkan
d.      Hitunglah Degree of Operating Leverage (DOL), Degree of Financial Leverage (DFL), dan Degree of Total L

Jawab:

A.
SRITEX INC
PROJECTION INCOME STATEMENTS
FOR THE YEARS 2016 - 2019

2014 2015
Sales 2,350,000 3,100,000
Cost of Goods Sold 1,410,000 1,860,000
Gross Profit 940,000 1,240,000
Depreciation 58,000 50,000
Selling and G&A Expenses 290,000 400,000
Lease Expense 65,000 50,000
EBIT 527,000 740,000
Interest Expenses 150,000 150,000
Earnings before taxes 377,000 590,000
Taxes 131,950 206,500
Net Income 245,050 383,500

Notes:
tax Rate 35% 35%
Shares 38,000 38,000
Earnings per Share 6.45 10.09
Add Depreciation 5,000

B.
2015
Total unit penjualan 145,000
Fixed Cost 500,000
Variable Cost 13
Price 22

Qty 54,511

Total Revenue 1,199,248

Total Cost 1,199,248
Profit -

JAWABAN SOAL TAMBAHAN Soal –1

2015
Total unit penjualan 145,000
Fixed Cost 5,000,000
Variable Cost 80,000
Price 250,000

Qty 54,511

Total Revenue 13,627,819,549

Total Cost 4,365,902,256
Profit 9,261,917,293

C.
2015
Nilai Penjualan yang tinggi belum tentu mendapatkan net income yang tingg 145,000
Fixed Cost 500,000
Variable Cost 13
Price 22

Qty 152,632

Total Revenue 3,357,895

Total Cost 2,457,895
Profit 900,000

D.
Degree Operating Laverage (DOL) 1.68
Degree of Financial Leverage (DFL) 1.86
Degree of Combines Leverage (DTL) 3.12
n 2014

C. hingga 2019 dengan tahun dasar 2015. Asumsi yang digunakan untuk membuat proyeksi
DFL), dan Degree of Total Leverage (DTL)

RITEX INC
NCOME STATEMENTS
YEARS 2016 - 2019

2016 2017 2018 2019

3,720,000 4,464,000 5,356,800 6,428,160
2,232,001 2,678,401 3,214,082 3,856,899
1,487,999 1,785,599 2,142,718 2,571,261
55,000 60,000 65,000 70,000
480,000 576,000 691,200 829,441
65,000 65,000 65,000 65,000
887,999 1,084,598 1,321,517 1,606,820
150,000 150,000 150,000 150,000
737,999 934,598 1,171,517 1,456,820
258,300 327,109 410,031 509,887
479,700 607,489 761,486 946,933

35% 35% 35% 35%

38,000 38,000 38,000 38,000
12.62 15.99 20.04 24.92

2016 2017 2018 2019

174,000 208,800 250,560 300,672
 500,000 500,000 500,000 500,000
13 13 13 13
22 22 22 22

54,511 54,511 54,511 54,511 Dalam Unit

1,199,248 1,199,248 1,199,248 1,199,248 Dalam Dollar

1,199,248 1,199,248 1,199,248 1,199,248
- - - -

2016 2017 2018 2019

174,000 208,800 250,560 300,672
5,000,000 5,000,000 5,000,000 5,000,000
80,000 80,000 80,000 80,000
250,000 250,000 250,000 250,000

54,511 54,511 54,511 54,511 Dalam Unit

13,627,819,549 13,627,819,549 13,627,819,549 13,627,819,549 Dalam Rupiah

4,365,902,256 4,365,902,256 4,365,902,256 4,365,902,256
9,261,917,293 9,261,917,293 9,261,917,293 9,261,917,293

2016 2017 2018 2019

174,000 208,800 250,560 300,672
500,000 500,000 500,000 500,000
13 13 13 13
22 22 22 22

152,632 152,632 152,632 152,632

3,357,895 3,357,895 3,357,895 3,357,895

2,457,895 2,457,895 2,457,895 2,457,895
900,000 900,000 900,000 900,000

1.68 1.65 1.62 1.60

1.63 1.46 1.35 1.27
2.73 2.41 2.19 2.03
2. Berikut ini adalah data penjualan dari perusahaan dealer motor :
Ron's Bike Megasus's Used Union's Best
Average Selling Price $ 35,000 $ 27,000 $ 52,000
unit Sales 1,500 1,850 850
Interest Expense 750,000 1,000,000 3,000,000
Variable Costs (% of sales) 60% 45% 40%
Fixed Costs 10,000,000 7,000,000 20,000,000
Preferred Dividends 1,000,000 - 600,000
Commons Shares 5,000,000 8,000,000 3,000,000
Tax rate 35% 35% 35%

SOAL TAMBAHAN Soal –2

Perusahaan berencana menjual produknya seharga Rp 220 ribu per unit dengan biaya variabel yang terdiri dari :
·Biaya tenaga kerja = Rp 1000/jam
kerja/unit
·Biaya bahan baku = Rp 25
ribu/kg/unit
·Biaya lainnya = Rp 1.500/jam
kerja/unit
Untuk membuat satu unit produk
tersebut membutuhkan 30 jam kerja
dan 5 kg bahan baku. Perusahaan juga
harus membayar biaya adminitrasi dan
pemasaran sebesar Rp 5 juta.Tentukan
tingkat penjualan minimum dan unit
minimumnya

Dengan menggunakan data diatas :

a. Buatlah laporan laba rugi (Income Statement) dari perusahaan dan rata-rata industrinya. Diasumsikan tax rate se
b. Hitunglah the break-even points (BEP) and degrees of operating (DOL),DFL, and degree of combined leverage
c. Bandingkan masing-masing perusahaan dengan rata-rata industrinya. Apa yang dapat disimpulkan dari operasio
Jawab :
INCOME STATEMENT of Ron's Bike
Amount Amount
Sales $ 52,500,000 $ 57,750,000 10%
Less: Variable Costs $ 31,500,000 $ 34,650,000
Less: Fixed Costs $ 10,000,000 $ 10,000,000
EBIT $ 11,000,000 $ 13,100,000 19.1%
Less: Interest Expense $ 750,000 $ 750,000
EBT $ 10,250,000 $ 12,350,000
Taxes $ 3,587,500 $ 4,322,500
Net Income $ 6,662,500 $ 8,027,500
Less: Preferred Dividens $ 1,000,000 $ 1,000,000
Net Income for Common $ 5,662,500 $ 7,027,500
Common Shares 5,000,000 5,000,000
EPS $ 1.13 $ 1.41 24.1%

Assumptions
Price per unit $ 35,000
Unit sales 1,500
Variable Costs a % of Sales 60%
Tax Rate 35%

Operating Break Even Points (Units) 714.286

Operating Break Even Points (Dollars) 25,000,000

Units Meet EBIT Target 1,500

Laverage
Degree Operating Laverage (DOL) 1.91
Degree of Financial Leverage (DFL) 1.26
Degree of Combines Leverage (DTL) 2.41

INCOME STATEMENT of Union's Best

Amount Amount
Sales $ 44,200,000 $ 48,620,000 10%
Less: Variable Costs $ 17,680,000 $ 19,448,000
Less: Fixed Costs $ 20,000,000 $ 20,000,000
EBIT $ 6,520,000 $ 9,172,000 40.7%
Less: Interest Expense $ 35,000 $ 35,000
EBT $ 6,485,000 $ 9,137,000
Taxes $ 2,269,750 $ 3,197,950
Net Income $ 4,215,250 $ 5,939,050

Less: Preferred Dividens $ 600,000 $ 600,000

Net Income for Common $ 3,615,250 $ 5,339,050
Common Shares 3,000,000 3,000,000
EPS $ 1.21 $ 1.78 47.7%

Assumptions
Price per unit $ 52,000
Unit sales 850
Variable Costs a % of Sales 40%
Tax Rate 35%

Operating Break Even Points (Units) 641.026

Operating Break Even Points (Dollars) 33,333,333

Units Meet EBIT Target 850

Laverage
Degree Operating Laverage (DOL) 4.07
Degree of Financial Leverage (DFL) 1.11
Degree of Combines Leverage (DTL) 4.51

C.

Nilai Penjualan yang tinggi belum tentu mendapatkan net income yang tinggi juga. Profit perusahaan dilandaskan
menaikan penjualan namun memperkecil biaya-biaya yang terjadi

JAWABAN SOAL TAMBAHAN Soal –2

Assumptions
Price per unit Rp 220,000
Unit sales -
Variable Costs : 5200000
Tax Rate 652000000%

Operating Break Even Points (Units)

Operating Break Even Points (Dollars) -

Units Meet EBIT Target #DIV/0!

 Industry Average
$ 30,000
1,250
1,500,000
48%
11,000,000
300,000
7,000,000
35%

iaya variabel yang terdiri dari :

dustrinya. Diasumsikan tax rate sebesar 35%.

and degree of combined leverage (DCL) dari tiap-tiap perusahaan dan dari rata-rata industrinya
g dapat disimpulkan dari operasional perusahaan tersebut.

INCOME STATEMENT of Megasu's Used

Amount Amount
Sales $ 49,950,000 $ 54,945,000
Less: Variable Costs $ 22,477,500 $ 24,725,250
Less: Fixed Costs $ 7,000,000 $ 7,000,000
EBIT $ 20,472,500 $ 23,219,750
Less: Interest Expense $ 1,000,000 $ 1,000,000
EBT $ 19,472,500 $ 22,219,750
Taxes $ 6,815,375 $ 7,776,913
Net Income $ 12,657,125 $ 14,442,838
Less: Preferred Dividens $ - $ -
Net Income for Common $ 12,657,125 $ 14,442,838
Common Shares 8,000,000 8,000,000
EPS $ 1.58 $ 1.81

Assumptions
Price per unit $ 27,000
Unit sales 1,850
Variable Costs a % of Sales 45%
Tax Rate 35%

Operating Break Even Points (Units) 471.380

Operating Break Even Points (Dollars) 12,727,273

Units Meet EBIT Target 1,850

Laverage
Degree Operating Laverage (DOL)
Degree of Financial Leverage (DFL)
Degree of Combines Leverage (DTL)

INCOME STATEMENT of Industry Average

Amount Amount
Sales $ 37,500,000 $ 41,250,000
Less: Variable Costs $ 18,000,000 $ 19,800,000
Less: Fixed Costs $ 11,000,000 $ 11,000,000
EBIT $ 8,500,000 $ 10,450,000
Less: Interest Expense $ 1,500,000 $ 1,500,000
EBT $ 7,000,000 $ 8,950,000
Taxes $ 2,450,000 $ 3,132,500
Net Income $ 4,550,000 $ 5,817,500

Less: Preferred Dividens $ 300,000 $ 300,000

Net Income for Common $ 4,250,000 $ 5,517,500
Common Shares 7,000,000 7,000,000
EPS $ 0.61 $ 0.79

Assumptions
Price per unit $ 30,000
Unit sales 1,250
Variable Costs a % of Sales 48%
Tax Rate 35%

Operating Break Even Points (Units) 705.128

 Operating Break Even Points (Dollars) 21,153,846

Units Meet EBIT Target 1,250

Laverage
Degree Operating Laverage (DOL)
Degree of Financial Leverage (DFL)
Degree of Combines Leverage (DTL)

a. Profit perusahaan dilandaskan pada biaya-biaya yang terjadi. Untuk mendapatkan profit yang tinggi dengan cara

Variable Costs :
Biaya tenaga kerja 30 Rp1,000.00
Biaya Bahan Baku 5 Rp25,000.00
Biaya adminitrasi dan pemasaran
Biaya Lainnya 30 1500
a

Used

10%

13.4%
 14.1%

1.34
1.05
1.41

verage

10%

22.9%

29.8%
 2.29
1.27
2.91

g tinggi dengan cara

Rp30,000.00
Rp125,000.00
Rp5,000,000.00
Rp45,000.00
5200000