ACCT 2110 Managerial Accounting
Food Truck Project-Analysis
Dr. Xiaojie Christine Sun
Group number: ____B________________________
Group member names: _Rodriguez, Aaron Conrad
Thach, Adrian
Xu, Zeyao
Song, Haoyuan
Huang, Jieying________________________________________________________
Analyze your food truck. Submit the analysis on Moodle.
- Estimate sales in units in September, October, and November 2018.
September
|
October
|
November
| |
Estimated # Meals
|
7200
|
8280
|
7920
|
- Determine the price of your product _$7.50_____________.
- Prepare a sales budget of your food truck for September, October, and November 2018. September - $54000 , October- $62,100, November - $59,400
- Perform CVP analysis: break-even in units; break-even in sales; margin of safety; and operating leverage. (variable = $2.17 | Fixed = $7025.04)
September
|
October
|
November
| |
Break-even in units
|
7128.95 /5.33 =
1338 units
|
1338
|
1338
|
Break-even in sales
|
7128.95 / .71 = $10040.77
|
$10040.77
|
$10040.77
|
Margin of safety #
|
$43959.23
|
$51,959.23
|
$49359.23
|
Margin of safety ratio
|
59.8%
|
70.7%
|
67.1%
|
Operating leverage
|
38376/31204.05 =
1.23
|
44132.4/37003.45 =
1.19
|
42213.6/35084.65 = 1.20
|
Comments
Post a Comment