Peter Cohen Car Washing Performance Report for January to August 2019 Year-to-Date Analysis January to August 2019 Budget Actual Variance % Comments Corrective Variance Action Cars expected to be washed 1,440 1,520 Expected Revenue per Job $30 $33 Total Revenue $43,200 $50,160 Less Variable Costs Labour Costs per Job 8,640 10,470 Consumables 1,440 1,980 Motor Vehicle Expenses 2,160 2,790 Total Variable Cost 12,240 15,240 Fixed Costs Advertising 1,600 1,600 Depreciation 2,000 2,000 Insurance 800 Boo Mobile Telephone Costs 1,200 1,680 Office Costs 3,600 4,350 Total Fixed Cost 9,200 10,430 Total Costs 21,440 25,670 Net Income $21,760 $24,490 (iv) How can Key Performance Indicators be used to monitor Financial Performance? How to measure KPI