1A ) Can you show how the journal entry for this transaction would look? (Purchased and sold)

Invoice Date - October 26th

Amount - 6,000

Description - Credit Card Software 11.01.2020 - 10.31.2021

		Actual 2020	Budgeted 2020
	USD	%	USD	%
Donuts	100	27.0%	100	27.5%
Bear Claws	150	27.5%	150	27.0%
Kolaches	50	16.3%	50	18.2%
Long Johns	100	45.0% [1]	100	45.5%
Total	400	28.2%	400	27.9%

2A ) What do you think about the performance of the gross margin for the products?

2B ) Can you name three factors that can negatively affect the gross margin?

	Actual 2020	Budget 2020	Actual 2019	ACT 2020 - BGT2020 Value	ACT2020 - BGT 2020 %	ACT2020 - ACT2019 Value	ACT2020 - ACT 2019 %
Donuts	100	110	90
Bear Claws	120	110	100
Long John	80	90	70
Kolache	100	80	95

3A) Can you please find the variance for each product (in absolute value & %) between actual vs. budget and actual vs. 2019?

3B) Can you give a quick comment about the trend of the revenues and the related variances?

	JAN	FEB	MARCH	APRIL	MAY	JUN	JUL	AUG
Phone	0.48	0.67	0.87	1.22	1.17	0.58	0.24	0.29
Electric	6.98	0.82	0.82	0.82	0.82	0.82	1.80	0.82

4A) What would you inquiry from the table above?

4B) What do you think we will spend in these catagories in the last 4 months of the year?

puud B27 f A B D F G H BGT AUG 2020 [USD k] 100 Donuts 150 ACT AUG 2020 [USD k] % 100 27.0% 150 27.5% 50 16.3% 100 45.0% [1] 400 28.2% Bear Claw Kolache Long John Total 50 27.5% 27.0% 18.2% 45.5% 27.9% 100 400 What do you think about the performance of the gross margin for our products? 1 5 Can you name three factors that can negatively affect the gross margin? 6 7 8 9 20 21 22 23 2A TEST STAFF AC Home Insert Page Layout Formulas Data Review View Colors Aal Width: 1 page Height: 1 page Scale: 6796 A Fonts Gridlines Headings V View 7 View Themes Breaks Background Print Titles Effects Margins Orientation Size Print Area Page Setup fx Print Print Sheet Options Bring to Send to Selection Front Back Pane Arrang Themes Scale to Fit L27 A B D E F G H 1 K L M 1 2 ACTUAL ACTUAL 2020 A ACT.20-BGT.20 VALUE % A ACT.20-ACT.19 VALUE % 2019 3 4 5 6 7 8 9 10 11 90 100 Values in [USD K] DONUTS BEAR CLAW LONG JOHN KOLACHE TOTAL BUDGET 2020 110 110 90 80 100 120 80 100 70 95 12 13 1) Can you please complete the cells FGHI to find the variance (in absolute value & %) between actual vs. budget & actual vs. 2019? 14 15 2) Can you give a quick and effective comment about the trend of the revenues and the related variances? 16 17 18 19 20 21 22 23 24 25 26 27 puud B27 f A B D F G H BGT AUG 2020 [USD k] 100 Donuts 150 ACT AUG 2020 [USD k] % 100 27.0% 150 27.5% 50 16.3% 100 45.0% [1] 400 28.2% Bear Claw Kolache Long John Total 50 27.5% 27.0% 18.2% 45.5% 27.9% 100 400 What do you think about the performance of the gross margin for our products? 1 5 Can you name three factors that can negatively affect the gross margin? 6 7 8 9 20 21 22 23 2A TEST STAFF AC Home Insert Page Layout Formulas Data Review View Colors Aal Width: 1 page Height: 1 page Scale: 6796 A Fonts Gridlines Headings V View 7 View Themes Breaks Background Print Titles Effects Margins Orientation Size Print Area Page Setup fx Print Print Sheet Options Bring to Send to Selection Front Back Pane Arrang Themes Scale to Fit L27 A B D E F G H 1 K L M 1 2 ACTUAL ACTUAL 2020 A ACT.20-BGT.20 VALUE % A ACT.20-ACT.19 VALUE % 2019 3 4 5 6 7 8 9 10 11 90 100 Values in [USD K] DONUTS BEAR CLAW LONG JOHN KOLACHE TOTAL BUDGET 2020 110 110 90 80 100 120 80 100 70 95 12 13 1) Can you please complete the cells FGHI to find the variance (in absolute value & %) between actual vs. budget & actual vs. 2019? 14 15 2) Can you give a quick and effective comment about the trend of the revenues and the related variances? 16 17 18 19 20 21 22 23 24 25 26 27