Prepare a report (2-3 pages) for the Packett Packaging Pty Ltd management team that provides analysis of their performance against their budget for 2009/2010 financial year.
Your report should include:
1. trend analysis of performance versus budget over the 12 month period for:
a. sales
b. expenses
2. Calculate average profit and cost per unit (cardboard box manufactured) for each month
3. recommendations, for example; budget modifications, business priority areas for the next 3 months, opportunities to improve performance, etc.
Your group will be required to present your report to the class as part of your assessment. Your facilitator will advise you regarding the date that you will be required to present. Please note all group members must participate in presenting your report.
The following information has been provided to assist you in preparing your report. Please see following pages for completed reports:
1. Profit and Loss Statement for 2009/2010 financial year
2. Operating Budget for 2009/2010 financial year
3. Actual results for 2009/2010 by month for:
o Income
o Expense
o Profit
o Number of units produced.
The following information has been provided to assist you in preparing your report. Please see following pages for completed reports:
1. Profit and Loss Statement for 2009/2010 financial year
2. Operating Budget for 2009/2010 financial year
3. Actual results for 2009/2010 by month for:
o Income
o Expense
o Profit
o Number of units produced.