TMA, Spring 2021 Paragraph B392 Profit Plan American Volume Dollars ('000) ('000) Actual American Volume Dollars ('000) ('000) 5125 650 55555 13520 5360 518 Sales Data Sales cheese (volume in litres) Sales 'yogurt' (litres) Total sales 56280 13209 5878 69489 5775 69075 4100 27798 26532 4824 2412 2050 20.5 7380 492 8449 536 26.8 Cost of Goods Sold Cost of cheese Dairy ingredients (litres) Other ingredients (100gr.) Labor (hours) Cost of yogurt Dairy ingredients (litres) Other ingredients (100gr.) Labor (hours) Contribution margin 585 3510 1811 130 2080 362.2 129.5 41.44 1813 1036 52.16 978 26837 29312 Other costs Supervision, energy, maintenance Depreciation 7940 7860 1680 1750 Operating margin 17297 19622 Selling and Administrative Expenses Delivery expenses Depreciation of trucks 2764 1631 2915 1643 ORI 18111 585 3510 362.2 129.5 1813 130 2080 41.44 1036 978 Paragraph Dairy ingredients (litres) Other ingredients (100gr.) Labor (hours) Contribution margin 52.16 29312 26837 7940 7860 1750 Other costs Supervision, energy, maintenance Depreciation 1680 19622 17297 Operating margin 2764 2915 1643 1631 3461 3662 Selling and Administrative Expenses Delivery expenses Depreciation of trucks Selling expenses Advertising Administrative salaries and expenses Rent Allocates central office expenses Profit before interest and taxes 3656 3444 2601 2530 399 399 617 517 2333 4347 Required: Discuss the performance of the company for the past year. Show your workings. (400 words) TMA, Spring 2021 Paragraph B392 Profit Plan American Volume Dollars ('000) ('000) Actual American Volume Dollars ('000) ('000) 5125 650 55555 13520 5360 518 Sales Data Sales cheese (volume in litres) Sales 'yogurt' (litres) Total sales 56280 13209 5878 69489 5775 69075 4100 27798 26532 4824 2412 2050 20.5 7380 492 8449 536 26.8 Cost of Goods Sold Cost of cheese Dairy ingredients (litres) Other ingredients (100gr.) Labor (hours) Cost of yogurt Dairy ingredients (litres) Other ingredients (100gr.) Labor (hours) Contribution margin 585 3510 1811 130 2080 362.2 129.5 41.44 1813 1036 52.16 978 26837 29312 Other costs Supervision, energy, maintenance Depreciation 7940 7860 1680 1750 Operating margin 17297 19622 Selling and Administrative Expenses Delivery expenses Depreciation of trucks 2764 1631 2915 1643 ORI 18111 585 3510 362.2 129.5 1813 130 2080 41.44 1036 978 Paragraph Dairy ingredients (litres) Other ingredients (100gr.) Labor (hours) Contribution margin 52.16 29312 26837 7940 7860 1750 Other costs Supervision, energy, maintenance Depreciation 1680 19622 17297 Operating margin 2764 2915 1643 1631 3461 3662 Selling and Administrative Expenses Delivery expenses Depreciation of trucks Selling expenses Advertising Administrative salaries and expenses Rent Allocates central office expenses Profit before interest and taxes 3656 3444 2601 2530 399 399 617 517 2333 4347 Required: Discuss the performance of the company for the past year. Show your workings. (400 words)