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Accounting · Studypool

write a summary

Overview

Subject:Debits and Credits on Green is a local hot spot in NY. Specializing in quality service and even higher quality food. Ran by five dedicated owners, passionate in their joint study of accounting, the bookkeeping for the business is precise and accurate. However, there is often dispute over how their vast array of data can be best used to maximize potential. For this reason, the owners called on Mike the Consultant to assist in their data interpretation.

write summary conclude these information:

1)include two main issues (regarding both Capacity and contribution margin usage,use Exhibit 1 information)

2)Using Exhibit2&3 numbers to find the Average Capacity for the week

3)Using Exhibit contribution margin per minute of preparation time instead of contribution margin based of the difference between selling price and variable cost