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...
-
Smothers & Nelson, CPAs, have previously been engaged by Garrison Corporation to perform compilations and tax returns. Henry Garrison, the companys president, indicated to the accountants that he...
-
Why is ranking and evaluating of use cases essential?
-
Given the background reading, list three verbal deception and three non-verbal deception cues that you believe that Aldrich Ames might exhibit and describe why
-
A bank considers acquiring new computer equipment. The computer will cost $160,000 and result in a cash savings of $70,000 per year (excluding depreciation) for each of the five years of the assets...
-
Write the equivalent SQL query from the following Firestore statements: db firestore.Client() movie_ref = db.collection ('movies').document ('Pandemic') movie_ref.update({"rel_year": "2023",...
-
Balance sheets for P Company and S Company on August 1, 2019, are as follows: Required: Prepare a workpaper for a consolidated balance sheet for P Company and its subsidiary on August 1, 2019, taking...
-
Without graphing, find the two points of intersection of the graphs of the f(x) = -4x+1 and g(x) = x + 7x+25. Enter the points of intersection as ordered pairs separated by a semi-colon such as...
-
Why would removing and redistributing the subsidies from foods with adverse cardiovascular, cancer and diabetic risk contribute to improving the economic determinants of health including their...
-
A number of global economic and financial forces, as well as MNCs' investment strategies and business activities are influenced by some of the financial and economic theories ?explain them
-
a) An infinite composite slab is made up of glass wool insulation packed in the space between two thin metal sheets (0.5 mm thick). The metal sheets are 2 cm apart. The outer faces of the metal...
-
This function shows that an increase in p or y raises unit cost, but that an increase in a could either raise or lower costs. Give an example for each possibility, identifying an amenity a valued by...
-
Several decades ago, the British and French governments agreed to jointly produce the Concorde, a supersonic plane. After British taxpayers had spent 300 million (over $2 billion in terms of money...
-
Question 1: Hunter Corp. requires a minimum $20,000 cash balance. If necessary, loans are taken to meet this requirement at a cost of 1% interest per month (paid monthly). If the ending cash balance...
-
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...
-
Please list possible definitions of the term embedded system!
-
How would you define the term cyber-physical system (CPS)? Do you see any difference between the terms embedded systems and cyber-physical systems?
-
What is the Internet of Things (IoT)?
Study smarter with the SolutionInn App