Gamma Company provided you, as a consultant, the following information Required: Discuss the performance of the company
Fantastic news! We've Found the answer you've been seeking!
Question:
Gamma Company provided you, as a consultant, the following information
Required: Discuss the performance of the company for the past year. Show your workings.
Transcribed Image Text:
Sales Data Sales cheese (volume in litres) Sales 'yogurt' litres) Total sales Cost of Goods Sold Cost of cheese Dairy ingredients (litres) Other ingredients (100gr.) Labor (hours) Cost of yogurt Dairy ingredients (litres) Other ingredients (100gr.). Labor (hours) Contribution margin Other costs Supervision, energy, maintenance Depreciation Operating margin Selling and Administrative Expenses Delivery expenses Depreciation of trucks Selling expenses Advertising Administrative salaries and expenses Rent Allocates central office expenses Profit before interest and taxes Profit Plan Volume American Dollars ('000) 5125 650 5775 4100 2050 20.5 585 130 52.16 ('000) 55555 13520 69075 27798 7380 492 3510 2080 978 26837 7860 1680 17297 2764 1631 3461 3662 2530 399 517 2333 Actual Volume American Dollars ('000) 5360 518 5878 4824 2412 26.8 362.2 129.5 41.44 ('000) 56280 13209 69489 26532 8449 536 1811 1813 1036 29312 7940 1750 19622 2915 1643 3656 3444 2601 399 617 4347 0 Sales Data Sales cheese (volume in litres) Sales 'yogurt' litres) Total sales Cost of Goods Sold Cost of cheese Dairy ingredients (litres) Other ingredients (100gr.) Labor (hours) Cost of yogurt Dairy ingredients (litres) Other ingredients (100gr.). Labor (hours) Contribution margin Other costs Supervision, energy, maintenance Depreciation Operating margin Selling and Administrative Expenses Delivery expenses Depreciation of trucks Selling expenses Advertising Administrative salaries and expenses Rent Allocates central office expenses Profit before interest and taxes Profit Plan Volume American Dollars ('000) 5125 650 5775 4100 2050 20.5 585 130 52.16 ('000) 55555 13520 69075 27798 7380 492 3510 2080 978 26837 7860 1680 17297 2764 1631 3461 3662 2530 399 517 2333 Actual Volume American Dollars ('000) 5360 518 5878 4824 2412 26.8 362.2 129.5 41.44 ('000) 56280 13209 69489 26532 8449 536 1811 1813 1036 29312 7940 1750 19622 2915 1643 3656 3444 2601 399 617 4347 0
Expert Answer:
Answer rating: 100% (QA)
Net Profit Margin has been better in actual than the estimate Contribution Margin Ratio ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
Students also viewed these general management questions
-
A large organization has hired you as a consultant to identify day-to-day activities for middle managers to minimize distributive and procedural injustice. The company explains that employees have...
-
The FCC has hired you as a consultant to design an auction to sell wireless spectrum rights. The FCC indicates that its goal of using auctions to sell these spectrum rights is to generate revenue....
-
The United Nations has hired you as a consultant to help identify factors that predict manufacturing growth in developing countries. You have decided to use multiple regression to develop a model and...
-
On 1st April, 2013 CTS Ltd. granted 10,000 shares to employees and directors under stock option scheme at 100 (face value 10 and market value 130). The vesting period was three years. The maximum...
-
Explain how predetermined factory overhead rates are computed and why they are used to apply factory overhead to units of products instead of actual overhead costs.
-
What is the tariff structure of developed nations? Why is this of special concern to developing nations? What is the most serious shortcoming of the concept and measure of effective protection?
-
Suppose Bonzai Boards, Inc., had sales of \($210,000\) and sales returns of \($18,000.\) Cost of goods sold was \($125,000.\) What was Bonzai Boards gross profit percentage (rounded) for this period?...
-
It is January 2 and Twin Pines Farm is putting together its annual net worth statement Following are a nurmher of pieces of information they have collected. Help them fit it all together using the...
-
On a cold and rainy winter morning in 2020, John Donahoe moves along on his pre-work run as Nike's new CEO. In 2015, former CEO Mark Parker laid out an ambitious plan to investors: Nike was going to...
-
Centrum Manufacturing makes a single product with the following attributes: Product per Unit Price $130.00 Variable costs per unit: Direct materials $30.00 Direct labor $40.00 Total VC $70.00...
-
A 0.4 kg bead slides on a curved wire, start- ing from rest at point A as shown in the figure. The segment from A to B is frictionless, and the segment from B to C is rough. The point A is at height...
-
What is the present value of $8,000 paid at the end of each of the next 34 years if the interest rate is 9% per year? (Round to the nearest dollar.)
-
Can you think of an example of a company that empowers employees to think innovatively and creatively? What does this empowerment do for employees (and the organization) and how does it fit into the...
-
You are eligible for a 30-yearfixed-rate home mortgage with an interest rate of 3.6% per year . If you can afford a monthly payment of $2,288, what is the maximum mortgage loan you can get? (Round to...
-
The table below shows the numbers (in thousands) of earned degrees by level in two different fields, conferred in the United States in 2018. Level of degree Bachelor's Master's Doctoral Total Field...
-
Let N be an index set. For each i N, let A; = [i, i+1]. Find | JA and iEN Nj. iN
-
There has been a lot of news lately about US/China relations. For many years, China has had a ridiculous trade imbalance with the United States. Next time you are in a store ... flip over the item...
-
What did Lennox gain by integrating their WMS, TMS, and labor management systems?
-
Frank Willingham has the following transactions during the year: Sale of office equipment on March 15 that cost $20,000 when purchased on July 1, 2010. Frank has claimed $5,000 in depreciation and...
-
Scott Butterfield is self-employed as a CPA. He uses the cash method of accounting, and his Social Security number is 644-47-7833. His principal business code is 541211. Scott's CPA practice is...
-
Yolanda is a cash basis taxpayer with the following transactions during the year: Cash received from sales of products........................................................................$65,000...
-
Consider the monthly simple excess returns of 10 U.S. stocks from January 1990 to December 2003 for 168 observations. The 3-month Treasury bill rate on the secondary market is used to compute the...
-
Which provides stronger evidence against H0: a P-value of 0.05 or a P-value of 0.50?
-
A test is made of H0 : = 6 versus H1: 6. a. The test statistic is z = 0.75. Find and interpret the P-value. b. The test statistic is z = 2.20. Find and interpret the P-value. c. Which provides...
Study smarter with the SolutionInn App