Kiwi Biofuel Ltd

Kiwi Biofuel (KBF) Ltd is a fictional manufacturing company used in this MYOB simulation. KBF produces liquid biofuel from kiwi fruits. With $100,000 assets raised from $50,000 equity and $50 loan, KBF's production capacity is 1,000 litre per day or 300,000 litre per year. It employs 2 labours, 1 engineer and 1 office assistant.

To produce 100 litre, it needs:
5 tray kiwi fruits @$6.00 per tray
2 hours labours @$12.50 per hour
50 kWh electricity @$0.10 per kWh
Total = $60 per 100 litre

Selling price = $1.00 per litre

One year budget:

• Sales = $300,000
• Cost of sales = $180,000
• Advertising = $10,000
• Salaries = $60,000
• Office = $10,000
• Maintenance = $ 10,000
• Other expenses = $10,000
• Operating profit = $20,000
• Tax = $6,600
• OPAT = $13,400
• ROA = 13.40%
• ROE = 26.80%