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    I. ANALYSIS. Assess The Current Status of The Company by Referring To The Given Problem and

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    TRISHA NICOLE NISPEROS
    The document provides the income statement for Tamaraw's Cafe for the years 2020 and 2021. It shows: 1) Revenues increased from 2020 to 2021 as food, beverage, and merchandise sales all rose. 2) Cost of sales also increased but gross profit grew substantially, indicating higher sales volumes and prices. 3) Operating expenses grew as well due to increases in various costs like rent, salaries, and utilities, though at a slower pace than gross profit, leading to higher operating income and net profit in 2021 compared to 2020. The document asks the reader to analyze specific elements of the income statement and propose strategies to improve the company's financial performance.

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    I. ANALYSIS. Assess The Current Status of The Company by Referring To The Given Problem and

    Uploaded by

    TRISHA NICOLE NISPEROS
    91 views3 pages
    The document provides the income statement for Tamaraw's Cafe for the years 2020 and 2021. It shows: 1) Revenues increased from 2020 to 2021 as food, beverage, and merchandise sales all rose. 2) Cost of sales also increased but gross profit grew substantially, indicating higher sales volumes and prices. 3) Operating expenses grew as well due to increases in various costs like rent, salaries, and utilities, though at a slower pace than gross profit, leading to higher operating income and net profit in 2021 compared to 2020. The document asks the reader to analyze specific elements of the income statement and propose strategies to improve the company's financial performance.

    Original Title

    Case-Study-2021

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    The document provides the income statement for Tamaraw's Cafe for the years 2020 and 2021. It shows: 1) Revenues increased from 2020 to 2021 as food, beverage, and merchandise sales all rose. 2) Cost of sales also increased but gross profit grew substantially, indicating higher sales volumes and prices. 3) Operating expenses grew as well due to increases in various costs like rent, salaries, and utilities, though at a slower pace than gross profit, leading to higher operating income and net profit in 2021 compared to 2020. The document asks the reader to analyze specific elements of the income statement and propose strategies to improve the company's financial performance.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    91 views3 pages

    I. ANALYSIS. Assess The Current Status of The Company by Referring To The Given Problem and

    Uploaded by

    TRISHA NICOLE NISPEROS
    The document provides the income statement for Tamaraw's Cafe for the years 2020 and 2021. It shows: 1) Revenues increased from 2020 to 2021 as food, beverage, and merchandise sales all rose. 2) Cost of sales also increased but gross profit grew substantially, indicating higher sales volumes and prices. 3) Operating expenses grew as well due to increases in various costs like rent, salaries, and utilities, though at a slower pace than gross profit, leading to higher operating income and net profit in 2021 compared to 2020. The document asks the reader to analyze specific elements of the income statement and propose strategies to improve the company's financial performance.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Case Study - Cost Control

    I. ANALYSIS. Assess the current status of the company by referring to the given problem and
    the financial statement provided. (40pts)

    Make sure to assess the following parts of the Income Statement:

    1. Revenue/Sales
    2. Cost of Sales
    3. Gross Profit
    4. Operating Expenses
    5. Net Profit

     Provide positive and negative observations in connection with the financial status of the
    company and provide some strategies to improve the current financial status. Write your answers
    provided on the last page.

    II. MENU PACKAGE. Create a Menu Package based on the Income statement below. (60pts)

    1. Create your own given (you can pattern it in your previous quizzes and exams).
    2. Make sure the given you will be provided will accurate to the answer on the given
    revenue, cost, and operating expenses found in the Income Statement.
    3. Recipe Costing, Baker’s Percentage, and Menu Costing must be balance and accurate to
    the income statement.
    4. Show your formula and solution
    5. You have the option if you will do the 2-year package (2020 & 2021).

    Case #1
    Tamaraw’s Cafe, a coffee shop located at the business area of Sampaloc, Manila was
    established on January 2010. It has a total of 100 seating capacity, and a total cover of 46,908 for
    2020 and 54,344 for 2021.

    Tamaraw’s Cafe
    Income Statement
    2019 and 2020
    Revenue 2020 2021
      Food Sales 2,490,760 3,780,000
    Beverage Sales 1,524,340 2,140,000
      Merchandise Sales 990,568 1,021,960
    Total Sales 5,005,668 6,941,960
    Cost of Sales      
      Food Cost 1,131,194 1,452,110
      Beverage Cost 644,270 861,681
      Merchandise Cost 350,122 420,039
    Total Cost of Sales 2,125,586 2,733,830
    Gross Profit      
      Food 1,359,566 2,327,890
      Beverage 880,070 1,278,319
      Merchandise 640,446 601,921
    Total Gross Profit 2,880,082 4,208,130
    Operating Expenses    
      Accounting 32,000 48,000
      Depreciation 100,000 180,000
      Donation 20,000 50,000
      Utilities 133,600 183,800
      Insurance 80,000 80,000
      Advertising 67,880 97,680
      Rentals 480,000 540,000
      Salaries 1,423,160 1,843,500
      Maintenance 141,880 141,880
      Telephone 51,400 56,800
      Transportation 105,920 150,670
    Total Operating Expenses 2,635,840 3,372,330
           
    Operating Income   244,242 835,800
    Interest   94,879 94,880
    Income before
    Income Taxes   149,363 740,920
    Income Taxes   17,924 88,910
           
    Net Profit/Loss 131,439 652,010
    Observation / Assessment Strategies
    Revenue/Sales

    Cost of Sales

    Gross Profit

    Operating Expenses

    Net Profit

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