Solution-Prepare a performance report for this year

Prepare a performance report for this year

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Reference no: EM133165296

Question - Priya Bali owns a chain of travel goods stores. Management anticipated selling 10,000 suitcases at an average sales price of $150. Variable expenses were budgeted to be 80% of sales revenue, and the total fixed expense was budgeted to be $100,000. The actual results for the year showed that 8,000 suitcases were sold at an average price of $200. The actual variable expense percentage was 80% of sales revenue and the total fixed expenses were as budgeted.

Required - Prepare a performance report for this year. How would you improve Bali's performance evaluation system to better analyze this year's results?

Reference no: EM133165296

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Prepare a performance report for this year

Reference no: EM133165296

Reference no: EM133165296

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