SALES VARIANCE ANALYSIS "Retail Financial Management"

Question 1 GLOBAL WATCH COMPANY The Global Watch Company manufactures and markets five different models of watches. The marketing manager has received the following progress report for March 20XX: PROGRESS REPORT - MARCH 20X1 SALES BUDGET ACTUAL BUDGET VARIANCE MODELS UNITS RANDS UNITS RANDS UNITS RANDS A 450 56 250 425 51 000 25 5 250 900 67 500 900 66 600 900 C 650 65 000 800 88 000 (150 (23 000) D 250 50 000 200 35 000 50 15 000 E 750 225 000 740 222 000 10 3 000 TOTALS 463 750 462 600 1 150 REQUIRED: You have been approached by the marketing manager to identify and analyze the sales variance and to write a report on your finding. Question 2 n connex OC EDwnloads/ Tutorial%205%20_%20RFM%20260%205(1).pdf Translate News G Bursary Documents. Question 2 N'ONE BETTER MEAT SUPPLIERS The marketing manager of the N'One Better Meat Suppliers received the following progress report pertaining to sales for March 20xx. PROGRESS REPORT - MARCH 20XX SALES BUDGET ACTUAL BUDGET VARIANCE PRODUCTS RANDS RANDS RANDS Braaiwors 27 500 30 000 (2 500) Boerewors 24 750 20 000 4 750 Mince 27 000 27 000 NIL H/burger Patties 43 400 39 000 4 400 TOTALS 122 650 1 16 000 6 650 He is particularly perturbed at the fact that Braamwors had a negative variance and that a nil variance was recorded for Mince information was made available to you The following additional SALES VOLUMES FOR MARCH 20XX ACTUAL BUDGET PRODUCTS KILOGRAMS KILOGRAMS Braaiwors 100 1090 Boerewors 900 BOO Mince 720 900 H/burger Patties 1 400 1 300 REQUIRED: Analyze the variances for Braaiwors and Mince and write a report on your findings Question 3 connex F3 F4 F5 F6 F7 F8 F9 F10 PauseDGETING TECHNIQUES Question 3 BATIM COMPACT DISK COMPANY The Batim Compact Disk Company manufactures and markets two different models of advanced compact disks used by the military. The marketing manager has received the following progress report for September 2005. Note that the sales administrative assistant omitted to calculate the amounts of the variances. PROGRESS REPORT - SEPTEMBER 2005 SALES BUDGET ACTUAL BUDGET VARIANCE MODELS UNITS RANDS UNITS RANDS UNITS RANDS A 720 34 560 720 37 440 B 1 200 44 400 930 49 290 TOTALS 1 920 78 960 1 650 86 730 REQUIRED: The marketing manager is not satisfied with the sales performance of the two types of compact disks and he has approached you to: (a) ( b ) Calculate the omitted variances for the two types of disks Identify and analyze the sales variance for the two types of disks. (c) Write a report on your findings for the two disks