Susie Grace runs Grace Deli. She has set monthly sales goals for this year and is now

Question:

Susie Grace runs Grace Deli. She has set monthly sales goals for this year and is now trying to understand how well she is doing. The following table lists the goals by month and actual results.

REQUIRED:

a. Do a gap analysis for each month.

b. Draw a trend analysis chart of these results.

c. Which approach to the data is more informative?

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Managerial Accounting An Integrative Approach

ISBN: 9780999500491

2nd Edition

Authors: C J Mcnair Connoly, Kenneth Merchant

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Question Posted: Oct 04, 2021 02:31 AM

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Susie Grace runs Grace Deli. She has set monthly sales goals for this year and is now

Question:

Sales Actual Goal January $5,000 $4,500 February $6,000 $6,500 March $7,000 $6,500 April $7,500 $6,500

Step by Step Answer:

a To do a gap analysis for each month well calculate the difference between the Sales Goal and the Actual sales for each month January Goal 5000 Actua...View the full answer

Managerial Accounting An Integrative Approach

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