JFC-Segprofcase - JETBEST FEED CENTERS Profit and Loss...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: JETBEST FEED CENTERS Profit and Loss Statement For the year ended 2010 BATANGAS QUEZON San Juan Cuenca Padre Garcia Tiaong Tayabas GRAND TOTAL Sales 7,219,442.00 9,225,089.00 8,973,780.95 3,566,281.50 12,242,699.95 41,227,293.40 Less: Cost of sales 6,723,391.24 8,631,121.09 8,400,890.66 3,366,252.37 11,564,008.23 38,685,663.59 Gross profit 496,050.76 593,967.91 572,890.29 200,029.13 678,691.72 2,541,629.81 Less: Operating expenses Bad debts 72,194.42 92,422.11 89,737.81 35,662.82 122,427.00 412,444.16 Sales commissions 2,253.75 6,249.86 4,334.74 986.64 28,349.76 42,174.75 Freight and handling 1,298.85 11,570.30 9,548.70 702.80 2,853.90 25,974.55 Rebates to customers 99,510.00 143,930.00 143,070.00 51,900.00 333,118.75 771,528.75 Compensation and benefits 62,439.29 82,681.99 86,831.98 76,664.96 86,079.20 394,697.42 Gasoline and oil 15,255.81 18,914.45 17,833.30 18,491.95 38,381.22 108,876.73 Depreciation 4,377.00 6,937.75 5,224.00 3,236.00 5,633.00 25,407.75 Repairs 2,604.37 6,479.87 4,457.37 5,614.36 2,790.57 21,946.54 Rent 30,005.64 16,500.00 22,518.51 24,000.00 21,000.00 114,024.15 Supplies 1,416.87 608.75 1,426.30 787.80 1,808.70 6,048.42 Taxes and licenses 9,737.05 10,112.04 9,737.04 8,006.26 9,737.04 47,329.43 Utilities expenses 3,722.88 8,018.45 5,725.33 4,538.75 6,986.61 28,992.02 Total operating expenses 304,815.93 404,425.57 400,445.08 230,592.34 659,165.75 1,999,444.67 Operating income before HO expenses 191,234.83 189,542.34 172,445.21 (30,563.21) 19,525.97 542,185.14 Less: Head office overhead expenses 53,193.36 53,193.36 53,193.36 53,193.36 53,193.36 265,966.80 JETBEST FEED CENTERS P & L Contribution Margin Format For the year ended 2010 Status quo BATANGAS QUEZON San Juan Cuenca Padre Garcia Tiaong Tayabas Grand Total Sales 7,219,442.00 9,225,089.00 8,973,780.95 3,566,281.50 12,242,699.95 41,227,293.40 Less: Variable costs Cost of sales 6,723,391.24 8,631,121.09 8,400,890.66 3,366,252.37 11,564,008.23 38,685,663.59 Bad debts 72,194.42 92,422.11 89,737.81 35,662.82 122,427.00 412,444.16 Sales commissions 2,253.75 6,249.86 4,334.74 986.64 28,349.76 42,174.75 Freight and handling 1,298.85 11,570.30 9,548.70 702.80 2,853.90 25,974.55 Rebates 99,510.00 143,930.00 143,070.00 51,900.00 333,118.75 771,528.75 Total variable costs 6,898,648.26 8,885,293.36 8,647,581.91 3,455,504.63 12,050,757.64 39,937,785.80 Contribution margin 320,793.74 339,795.64 326,199.04 110,776.87 191,942.31 1,289,507.60 Less: Traceable fixed costs Compensation and benefits 62,439.29 82,681.99 86,831.98 76,664.96 86,079.20 394,697.42 Gasoline and oil 15,255.81 18,914.45 17,833.30 18,491.95 38,381.22 108,876.73 Depreciation 4,377.00 6,937.75 5,224.00 3,236.00 5,633.00 25,407.75 Repairs 2,604.37 6,479.87 4,457.37 5,614.36 5,614....
View Full Document

This note was uploaded on 01/16/2012 for the course MBA 101 taught by Professor Wormer during the Spring '08 term at Indian Institute Of Management, Ahmedabad.

Page1 / 5

JFC-Segprofcase - JETBEST FEED CENTERS Profit and Loss...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online