Boston Creamery Case Study

Boston Creamery Case Study - Market Growth = 0.4539 *...

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Boston Creamery Case Study Boston Creamery is an Ice cream Company which manufactures and distributes ice cream to wholesalers and retailers. A new Financial Planning and control system has been installed to compare budgeted results against actual results. The tool is used to highlight things that needed corrective actions or commend things that resulted in a favorable overall variance.
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Draft submitted by Operations VP Market Growth = STD Margin * (Budgeted Industrial Volume - Actual Industrial Volume ) * Market share.
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Unformatted text preview: Market Growth = 0.4539 * (11440000-12180000) * 0.5 = 167600 (F) Market Share = STD Margin*(Budgeted Volume in liters -Actual Volume in liters) Actual Growth in Market Share = 0.4539 * (5720000 - 5968000 ) = 112567 Proposed Growth in Market Share = 167600 Variance = 167600 - 112567 = 55300 approx Total Manufacturing cost = Budgeted Manu. Cost - Actual Manu. Cost = (99,000) Manufacturing cost deducting cost incurred by wrong forecasting = 99,000 80,700= 18,300 Variance Analysis as per John Vance...
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Boston Creamery Case Study - Market Growth = 0.4539 *...

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