PPT-Sales Analysis & Sales & Cost Control

Sales Control Management policies and practices aimed at ensuring that all sales are recorded made at correct prices and fulfilled to customers satisfaction Sales Control and Cost Analysis Companies need to have proper mechanisms in place so that salespeople adhere to the top line and bottom line objectives. Standard cost is the pre determined cost which determines in advance what each product or service should cost under given circumstances.. MEANING. Determination of Standard cost. Recording Actual Cost. Profit and Loss. Today’s Agenda:. Financials’ Role in Lending. ABCs of P&L. Tools for P&L Analysis. What a lender looks for. Understanding Financials. Increase your ability to see what a lender wants. Restaurant and Bar comps. State of Nevada . Department of Taxation . Are Sales of Food Taxable?. When they are prepared food intended for immediate consumption – Yes!. Definition of prepared food:. chapter 6. Menu Pricing Methods. Multiple approaches, all valid.. Sales prices for a dish must cover the item’s food cost plus extra to help cover all other non-food costs.. Contribution Margin = the portion of a dish’s sales price that is left after the item’s cost per portion is covered.. chapter 11. Opening Questions. For current workers, how do you know how much gross (pre-tax) income you should earn each week?. How much money would you earn if you worked 40 hours this week? 45 hours?. Opening Question. Both use standard recipes. . Both require quality and quantity standards.. Both require menu prices that cover cost per portion and a contribution margin.. Both can have costs tracked as a percent of sales.. and . Tom Van . Spankeren. Presented November 13, 2014. Standard Motor Products. Agenda. Introduction. Macroeconomic Review. Relevant Stock Market Prospects. Company Review . Financial Analysis. Financial Projection. DEFINE MANAGEMENT’S ROLE IN COST CONTROL. DEFINE THE CONTROL PROCESS. DEFINE TERMINOLOGY—COSTS, SALES. DISCUSS BASIC COST CONTROL FORMULAS. PURPOSE OF COST CONTROL. Manage . labor costs. Manage . Opening Question. Both use standard recipes. . Both require quality and quantity standards.. Both require menu prices that cover cost per portion and a contribution margin.. Both can have costs tracked as a percent of sales.. PowerPoint Authors:. . Brandy Mackintosh. Lindsay . Heiser. Learning Objective 6-1. Distinguish among service, merchandising, and manufacturing. operations.. Operating Cycles. Operating Cycles. Sell. Learning Objectives. Explain the purpose of cost-volume-profit (CVP) analysis. Explain the contribution margin (CM) concept. Compute the break-even (BE) point by using graph, equation, and contribution margin methods. Collection/. Customer Support Process: Recording and Evaluating Revenue Process Activities. 10-. 2. When are Revenues Recognized?. When earned, regardless of when cash is received. Assume a December 31 year-end for the following examples.. 1. Features . of. . PXE. Final . filter or Integrated . Filter. Included rack for 10 EPG S2 modules. Integrated cabinet. Simple powder center with integrated lighting. Minimized footprint . Up to 22 Injectors can be supplied with powder. Fundamentally Toys. fundamentally@sbcglobal.net. Math can help us understand and maximize our retail performance . Today’s Focus. Margin. Turn. Stock to Sales. Sales per Square Foot. Sales Analysis.