How does this report help Jon make decisions

Assignment Help Accounting Basics

Reference no: EM132821885

Question - Jon owns a sandwich shop and has two casual employees (Jane and Maria). At the end of each day, Jane totals the till (the day's takings), counts the cash and banks the cash. She performs these tasks on her own. You have been asked to review the process and make recommendations.

Jane has emailed the following report to Jon for the past quarter's operation with a note that the shop expected to produce 10,000 sandwiches at a cost of $0.80c per sandwich. You have been asked to review the reporting information and make recommendations to improve reporting.

Item	Cost $
Sandwich filling	4900
Bread	1750
Electricity	700
Office supplies	900

Required -

a) How does this report help Jon make decisions about the future operations of his shop?

b) What additional information should be included in the report for Jon to improve his decision-making?

c) Email to Jon recommending appropriate changes to reporting information and explain why these are important.

Reference no: EM132821885

Questions Cloud

How does retroactive payment dates impact : How does retroactive payment dates impact the payroll department?

Healthcare policy and legislation affected the decisions : How has healthcare policy and legislation affected the decisions managers must make in an effort to achieve quality care at a reasonable cost?

Global supply chains : What are the sources of risks faced by the global supply chain? How can companies mitigate these risks?

What is competitive value offering : What problems are you attempting to solve? What are the NEEDS of the customers that you have uncovered? What is your competitive value offering?

How does this report help Jon make decisions : Jon owns a sandwich shop and has two casual employees (Jane and Maria). How does this report help Jon make decisions

What is quality audit : What is a quality audit? What is a fixed price contract?

Calculate value at risk : Calculate Value at Risk at the 95% level for each market, using the actual distribution of returns, that is, the historical approach

How would textbook research respond to the most statements : How are issues related to reproductive justice addressed in the textbook research supported or refuted by the content in this video? Consider the textbook.

Hr performance issues and motivation : The relationship between the organization and its members can be greatly influenced by what motivates individuals to work.

User Account

All Pages