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    CMA Assignment - VF

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    Swati Porwal
    The document contains financial data for a company over multiple years including sales, costs, profits and operating statistics. It shows sales, variable costs, contribution, fixed costs and operating profit for 2003, 2004, 2006 and some revised cases. It also includes sales tickets, contribution per unit, break even points and margins of safety.

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    © All Rights Reserved
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    CMA Assignment - VF

    Uploaded by

    Swati Porwal
    5 views7 pages
    The document contains financial data for a company over multiple years including sales, costs, profits and operating statistics. It shows sales, variable costs, contribution, fixed costs and operating profit for 2003, 2004, 2006 and some revised cases. It also includes sales tickets, contribution per unit, break even points and margins of safety.

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    CMA Assignment_vF

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    © © All Rights Reserved

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    The document contains financial data for a company over multiple years including sales, costs, profits and operating statistics. It shows sales, variable costs, contribution, fixed costs and operating profit for 2003, 2004, 2006 and some revised cases. It also includes sales tickets, contribution per unit, break even points and margins of safety.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    5 views7 pages

    CMA Assignment - VF

    Uploaded by

    Swati Porwal
    The document contains financial data for a company over multiple years including sales, costs, profits and operating statistics. It shows sales, variable costs, contribution, fixed costs and operating profit for 2003, 2004, 2006 and some revised cases. It also includes sales tickets, contribution per unit, break even points and margins of safety.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
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    Particulars 2003 2004 2006

    Sales ($'000) 8583 8102 10711


    Less: VC ($'000) -4,755 -4,537 -6,106
    Contribution ($'000) 3828 3565 4605
    Less: FC ($'000) -3,250 -3,353 -5,011
    Operating profit ($'000) 578 212 -406

    Sales tickets 5341 5316 6897


    Contribution p.u. 717 671 668
    Break-even point (no.) 4533 4997 7501
    Break-even point ($'000) 7284 7616 11650
    Margin of Safety ($'000) 1299 486 -939
    Particulars 2003 2004 2006 Revised Case
    Sales ($'000) 8583 8102 10711 10483
    Less: VC ($'000) -4,755 -4,537 -6,106 -6640
    Contribution ($'000) 3828 3565 4605 3843
    Less: FC ($'000) -3,250 -3,353 -5,011 -5,011
    Operating profit ($'000) 578 212 -406 -1168

    Sales tickets 5341 5316 6897 7500


    Avg price per ticket 1397.7
    Contribution p.u. 717 671 668 513
    VC p.u. -885
    Break-even point (no.) 4533 4997 7501 9768
    Break-even point ($'000) 7284 7616 11650 13653
    Particulars 2003 2004 2006 (Revised)
    Sales ($'000) 8583 8102 10711
    Less: VC ($'000) -4,755 -4,537 -5,570
    Contribution ($'000) 3828 3565 5141
    Less: FC ($'000) -3,250 -3,353 -5,011
    Operating profit ($'000) 578 212 130

    Sales tickets 5341 5316 6897


    Contribution p.u. 717 671 745
    VC p.u. 808
    Break-even point (no.) 4533 4997 6726
    Break-even point ($'000) 7284 7616 10446
    Particulars 2003 2004 2006
    Sales ($'000) 8583 8102 10711
    Less: VC ($'000) -4,755 -4,537 -6,106
    Contribution ($'000) 3828 3565 4605
    Less: FC ($'000) -3,250 -3,353 -5,211
    Operating profit ($'000) 578 212 -606

    Sales tickets 5341 5316 6897


    Contribution p.u. 717 671 668
    Break-even point (no.) 4533 4997 7801
    Break-even point ($'000) 7284 7616 12115
    Particulars 2003 2004 2006 2007
    Sales ($'000) 8583 8102 10711 11117
    Less: VC ($'000) -4,755 -4,537 -6,106 -6,337
    Contribution ($'000) 3828 3565 4605 4780
    Less: FC ($'000) -3,250 -3,353 -5,011 -5,011
    Operating profit ($'000) 578 212 -406 -231

    Sales tickets 5341 5316 6897 6897


    Sale p.u. 1553 1612 3.79%
    Contribution p.u. 717 671 668 693
    VC p.u. 885
    Break-even point (no.) 4533 4997 7501 7231
    Break-even point ($'000) 7284 7616 11650 0
    Exhibit 1 Hallstead Jewelers; Income Statements for Years Ended January 31
    (thousands of dollars)

    2003 2004 2006

    Sales 8583 8102 10711


    Cost of goods sold 4,326 4,132 5,570 VC
    Gross margin 4257 3970 5141
    Expenses
    Selling expense
    Salaries 2,021 2,081 3,215 FC
    Commissions 429 405 536 VC
    Advertising 254 250 257 FC
    Administrative expenses 418 425 435 FC
    Rent 420 420 840 FC
    Depreciation 84 84 142 FC
    Miscellaneous expenses 53 93 122 FC
    Total expenses $3,679 $3,758 $5,547
    Net income $ 578 $ 212 $ (406)

    578 212 -406


    Exhibit 2 Hallstead Jewelers Operating Statistics

    2003 2004 2006

    Sales space (square feet) 10,230 10,230 15,280


    Sales per square foot $839 $792 $701
    Sales tickets 5341 5,316 6,897
    Average sales ticket $1,607 $1,524 $1,553

    Source: Casewriter

    1607.0024 1524.0783 1552.9941

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