- Bounce Fitness 17b Evergreen Avenue Cairns 4870 Operating Statement August 2021 Income Membership Fees Clothing Sales 10 1 (54.14 KiB) Viewed 23 times
1) Perform an overall analysis of the 2 months.
What areas of INCOME clearly altered over that time
period?
2) What areas of EXPENSES clearly altered over that time
period?
3) What COSTS have occurred in August that did not appear in
September?
4) Explain WHY the salaries have decreased in September when the PT
sessions increased?
What managerial decision may have affected this?
5) Is operating at this level VIABLE?
Consider the net profit and (loss) in your answer.
Bounce Fitness 17B Evergreen Avenue Cairns 4870 Operating Statement August 2021 Income Membership Fees Clothing Sales 10 Session cards Casual attendance fees PT sessions Hi Protein Shakes Hi Protein Snacks Promotion 12W Fitness Challenge Total Income Cost of Sales Gross Profit Expenses General & Administrative Exp Phone and Internet Total General & Administrative Exp Advertising Operating Expenses Lease of Gym Machines Professional Fees Supplies for members Total Operating Expenses Employment Expenses Wages & Salaries Other Employer Expenses Total Employment Expenses Occupancy Costs Rent Water Total Occupancy Costs Total Expenses Operating Profit Other Income Other Expenses Net Profit/ (Loss) Budgeted $17,523.64 $540.91 $4,218.18 $776.36 $14,018.18 $500.00 $450.00 $12,409.10 $50,436.37 $50,436.37 $113.64 $113.64 $5,318.19 $23,000.00 $86.36 $23.00 $23,109.36 $21,675.64 $1,950.81 $23,626.45 $1,000.00 $260.32 $1,260.32 $53,427.96 ($2,991.59) ($2,991.59) Bounce Fitness 17B Evergreen Avenue Cairns 4870 Operating Statement September 2021 Income Membership Fees Clothing Sales 10 Session cards Casual attendance fees PT sessions Hi Protein Shakes Hi Protein Snacks Total Income Cost of Sales Cost of Sales - Clothing Hi Protein brand items Total Cost of Sales Gross Profit Expenses General & Administrative Exp Phone and Internet Total General & Administrativ Operating Expenses Lease of Gym Machines Professional Fees Supplies for members Total Operating Expenses Employment Expenses Wages & Salaries Other Employer Expenses Total Employment Expenses Occupancy Costs Rent Water Total Occupancy Costs Total Expenses Operating Profit Other Income Other Expenses Net Profit/ (Loss) Budgeted $18,403.63 $395.45 $9,227.28 $534.55 $19,607.27 $950.00 $675.00 $49,793.18 $1,136.36 $3,019.96 $4,156.32 $45,636.86 $113.64 $113.64 $23,000.00 $86.36 $23.00 $23,109.36 $21,075.64 $1,896.81 $22,972.45 $1,000.00 $260.32 $1,260.32 $47,455.77 ($1,818.91) ($1,818.91)