report Jenkins calculated the actual revenues and expenses and found the difference which was $296‚610 in profits. Then Jenkins did the same with budgeted values and found the budgeted profits to be $606‚350. The variance amount in turn is $309‚960 under budget. Also‚ the variance amount for revenues is $32‚100. This number is favorable due to the fact that they made more than what they had budgeted for. But on the contrary‚ the variance amount for expenses was $342‚060‚ which was unfavorable because they
Premium Cost Costs Variable cost
place to another. In Airline Industry Air India is playing major role in Air transportation. In the year 1999-2000 total operating revenue was Rs. 38‚775.3 million and total expenses Rs. 47‚178.9 million‚ in this year Air India earned Rs. 8‚403.6 million incomes over than total expenses. In the year 2010-2011 total revenue was Rs. 142‚551.1 million and total operating expenses Rs. 164952.0 million‚ in this year Air India lost Rs. 22‚400.9 million. By year on year revenue is decreasing and it is going
Premium Operating expense Expense Airline
Amortization Expense | 346.9M | 337.2M | 351M | 395M | - | | Depreciation | 335M | 323.7M | 335M | 373M | - | | Amortization of Intangibles | 11.9M | 13.5M | 16M | 22M | - | | Gross Income | 8.18B | 8.35B | 9.42B | 10.5B | 11.03B | | | 2009 | 2010 | 2011 | 2012 | 2013 | 5-year trend | SG&A Expense | 5.8B | 5.99B | 6.68B | 7.41B | 7.78B | | Research & Development | - | - | - | - | - | | Other SG&A | 5.8B | 5.99B | 6.68B | 7.41B | 7.78B | | Other Operating Expense | 0
Premium Revenue Expense Earnings before interest and taxes
would increase by $115‚000. Major Problems: The major issue of this case for Toy World Inc. is that of efficiency‚ and specifically how it relates to operations (production). The use of seasonal production obviously increases the companies operating expenses and therefore reduces its bottom line. Another problem for Toy World‚ not directly quantified by cost that is inherent in the use of seasonal production is that of overuse of their machines. For 7 months of the year the company’s machines are
Premium Generally Accepted Accounting Principles Pro forma Expense
Total Compensation Plan Barbara Chalfant‚ Lincoln Boe‚ Tisha Showers‚ Rena Brown‚ Jennifer Smith HRM/ 324 June 2‚ 2014 Steven Hartman Total Compensation Plan Riordan Manufacturing is a leader in the plastics manufacturing industry. As a fortune 1000 company‚ this employer of over 500 employees has not only made an investment into the products that roll off the production lines but most importantly the employees who help produce these products (University of Phoenix‚ 2013). In addition to the annual
Premium Salary Expense Employment
should equal the sum of cost ($56)‚ profit ($27 as mentioned in the case) and operating expenses (expenses to run the company besides the cost of sourced products). This gives us a figure of $29.5 as the average operating cost‚ which is about 26% of wholesale price. We’ll apply this percentage across the board to arrive at purchase price per product (Exhibit 1). We’ll also arrive at the salvage price as product cost + operating costs – loss ($9 as mentioned in the case). The mean and std. deviation figures
Premium Supply and demand Economics Price
bulk of the total project time studying customers’ operations. The three partners each received fixed salaries that represented the largest portion of operating expenses. All three used his or her home office for DCG business. DCG itself had only a post office box. All other DCG employees were also paid fixed salaries. No other significant operating costs were incurred by the partnership. Revenues consisted solely of professional fees charged to customers for the two different types of services
Premium Management consulting Income Variance
Scenario Solution LANCELOT PALMER HSM/220 JANUARY 26‚ 2015 SHANA NICHOLSON Scenario Solution To create opportunity for all through education‚ training and personal development. It can be difficult for a high school graduate to find employment because of their lack of experience and training‚ this is magnetized when the student becomes a dropout. A large percentage of high school dropouts are doomed to a life of failure‚ because they are not equip with the basic tools to gain gainful or any other
Premium Operating expense Expense Motivation
must have sufficient expertise to save the critical situation. Optimization Solution 1- In the case of the first case which hold the current plan will be the bankruptcy of the company and it is not possible to carry more of the expenses and without any financial benefits of this will be with him the continuation of the company’s impossible. 2- In the case of closing down will lose a lot of workers and jobs‚ which will generate a national crisis in the state has prosecute the company
Premium Expense Management Executive director
COGS: The COGS ratio in 2002 is 45% and it is assumed that it would be decreased to 40.5% in the forecast. This figure comes from historical COGS ratio from 1999 to 2001 and the assumption is based on Gournay’s strategy of costs reducing. Operating Expenses: is also assumed to be decreased in order to reduce costs. However‚ it is assumed to increase faster than sales. Restructuring Cost Rates: are assumed to be decreased based on the reduced cost strategy because after restructuring the company
Premium Expense Generally Accepted Accounting Principles Operating expense