Question: Fill in the following graph based on the information provided. Additional Notes: - Assume all items are GST free. - Due to COVID-19, i-Optometry is
Fill in the following graph based on the information provided.
Additional Notes:
- Assume all items are GST free.
- Due to COVID-19, i-Optometry is effectively shut down and the owners are planning to reopen on 1st January 2021. This effectively means year 2020 is a write-off and you can assume there to be no sales, costs, or purchases in December 2020.
FactSheet - Data on 2019 Financial Year Jan-2019 180 101 92 Sales Volume Sunglasses Sales Volume - Prescription glasses Service Volume - No. of Eye-tests Selling Price - Sunglasses Cost Price - Sunglasses Selling Price - Prescription glasses Cost Price - Prescription glasses Service Revenue per eye-test Number of Sale Assistants: Wage Rate per Employee per Month Number of Office Staff: Wage Rate per Employee per Month Number of Optometrists Wage Rate per Employee per Month $ $ $ 150.00 $ 80.00 $ $ $ 200.00 60.00 $ 75.00 2 4,000 1 4,500 2 6,500 Feb-2019 Mar-2019 189 164 107 112 97 102 Apr-2019 174 100 91 May-2019 164 111 101 Jun-2019 217 185 168 Jul-2019 212 178 162 Aug-2019 191 143 130 Sep-2019 131 129 117 Oct-2019 Nov-2019 161 176 123 169 112 154 Dec-2019 189 176 160
Step by Step Solution
There are 3 Steps involved in it
to the Problem Working notes Explanation for Sales Budget Particulars Opening Cash Balance A Add Cas... View full answer
Get step-by-step solutions from verified subject matter experts
