Sub-divide your analysis into three distinct sections: 1) Revenue, 2) Expenses, and 3) Profitability

For each section, review the financial statement below and comment on:

• Current status, apply vertical analysis to both Actual Results and Budgeted Results.
• Determine and comment on the variance as it applies to each section. Ask yourself things like:
• How did management perform against what was budgeted?
• What are the strengths and weaknesses of this operation per section based on your variance analysis?

Create graphs or charts to illustrate and help clarify your synopsis

For year ending December 31, 2010 Actual Results Budgeted Results Variance Performance Report Store #: 100 Percent Totals Percent Totals of Sales of Sales Revenue: Burgers 1,000,000 1,100,000 Fries 600,000 550,000 Drinks 900,000 875,000 Total Sales 2,500,000 2,525,000 Less: Variable Expenses Food Cost: Burgers 232,750 242,500 Fries 151,000 155,000 Drinks 87,500 94,000 Other Variable Costs: 175,000 200,000 Total Variable Expenses 646,250 691,500 Contribution Margin 1,853,750 1,833,500 Less: Fixed Costs 1,100,000 1,100,000 Profit Margin 753, 750 733,500