Sunday, April 12, 2015

I'M GONNA BE RICH! NOT!

I recently received an order for bibles from a local parish. I heard later that the person who placed the order got "grief" for ordering from me. My crime? I'm a "businessman". But who do churches go to whenever they want a donation, or sponsorship for this or that? Who do they always go to with their hand out? But actually give these businesses business? NO. They are "businessmen". The great "evil". Well, thanks. I'll remember that the next time I get asked. But for the record, here is the business transacted.

The following was revised after Mary Lou pointed out that I had used the cost for the wrong item to do the calculations the first time. Apparently my company lost money on this deal.



Cost of Goods
Gross Sales
Gross net: $63.92

Expenses
  • Delivery: (60 mile round trip from Agat) 2 hours and $10 gas.
  • Normal overhead (supplies, handling, picking up items from post office, verifying order) 10% or $6.39
  • GRT (4%) on gross sales: $16.00
  • Total time involved (research, order, pickup, order verification, boxing, invoicing, delivery) 4 hours
  • 4 hours at $8.25 (minimum wage): $33.00
  • Total overhead: $65.39

Net loss: -$1.47




11 comments:

  1. The customer name can still be seen when you open in scribd.

    ReplyDelete
    Replies
    1. True..at least you tried.

      Delete
  2. Mary Lou Garcia-PeredaApril 12, 2015 at 8:40 AM

    Actually, Tim, if I'm reading the Vendor Invoice correctly, it looks as though you used the vendor cost of the Catechism of the Catholic Church ($5.69) instead of the vendor cost of the Bible ($6.27) in your calculations.

    The 34% shipping cost for the Bible would then be $2.13, bringing the total cost of each Bible to $8.40. The total cost for 40 units would be $336.00, not $305.20.

    The Customer Invoice indicates that you charged a Grand Total of $400, which would make your Gross Net: $64.00, NOT the $94.80 in your post.

    I didn't bother doing the rest of your calculations, but if I'm right about the prices you used in this post, it's crystal clear that you're definitely NOT gonna be rich.

    ReplyDelete
    Replies
    1. You're right. Oh well, looks like I might have lost money on that one. I'll fix it later.

      Delete
  3. How petty can you get? Chastising someone for buying a Catholic Bible from a Catholic businessman. Maybe they should have gone to Faith Book Store. Not a bad idea come to think of it. Since Neo teachings are more protestant than Catholic, then the Neos can use their bibles and maybe start going to their churches.

    ReplyDelete
    Replies
    1. Janet B - MangilaoApril 12, 2015 at 2:54 PM

      Why use Protestant churches when they can poach real Catholics at their own church and then use the facilities at no cost?

      Delete
    2. Thanks Janet B. Just wishful thinking on my part. Hey, you are right they are poachers. Are we in season? BTW Tim, thanks for keeping the book trade going.

      Delete
  4. Thanks Tim for helping us with this. Appreciate your help!

    Alex

    ReplyDelete
  5. All because you're a businessman?
    Well...
    Did they expect it to be free?

    ReplyDelete
  6. I am 99.9% sure that the communities were instructed to not do business with Tim Rohr. The "he is a businessman" excuse was just a lame rationalization for the gutless conditioning orchestrated by the head catechist on Guam. And that is why there was grief given to the "one" not in lock-step. Good for that person. Good for this parish.

    ReplyDelete

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