BISTRO PROFIT AND LOSS STATEMENT – JUNE QUARTER
Monthly actual results June quarter actual results
May June July Budget Actual Variance Variance
$ $ $ $ $ $ %
Revenue
Food sales 119,837 112,676 110,356 328,500 342,869
Beverage sales 96,390 90,497 84,630 262,500 271,517
Total sales 216,227 203,173 194,986 591,000 614,386
Cost of sales
Food purchases 45,048 45,865 42,174 124,100 133,087
Beverage purchases 30,043 29,399 23,827 78,750 83,269
Total cost of sales 75,091 75,264 66,001 202,850 216,356
Gross profit 141,136 127,909 128,985 388,150 398,030
Expenses
Advertising/promotions 624 981 884 2,600 2,489 (111) (4.3)
Cleaning contractor 1,490 1,490 1,490 4,471 4,470 (1) 0
Small equipment replacement 393 288 372 1,000 1,053 53 5.3
Laundry 232 237 283 735 752 17 2.3
Maintenance 1,262 1,329 1,314 4,480 3,905 (575) (12.8)
Printing & stationery 195 114 145 480 454 (26) (5.4)
Training & seminars 653 713 519 1,200 1,885 685 57.1
Wages & on-costs 98,771 103,283 97,745 260,762 299,799 39,037 15
Utilities 3,235 3,456 4,190 10,588 10,881 293 2.8
Total expenses 106,855 111,891 106,942 286,316 325,688
NET PROFIT 34,281 16,018 22,043 101,834 72,342
SITXFIN009 – Manage finances within a budget
Student Assessment Booklet – Assessment C_Bistro Reports | Version 1
Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926D
TREND ANALYSIS REPORT – JUNE QUARTER
Monthly actual results Comparison to previous June quarters
June June June Variance Variance
May June July quarter – quarter – quarter – 200X to 20XX to
current 200X 20XX current 200X
V% V% V% $ $ $ % %
Revenue
Food sales 14.0 (2.0) 1.8 328,500 286,781 256,955 14.5 11.6
Beverage sales 8.0 (1.5) 4.0 262,500 228,638 208,975 14.8 9.4
Total sales 11.2 (1.8) 2.7 591,000 515,419 465,930 10.6
Cost of sales
Food purchases (10.0) (8.7) (6.2) 124,100 106,273 96,602 15.6 10.0
Beverage purchases (9.0) (9.8) 2.4 78,750 66,229 60,732 18.9 9.1
Total cost of sales (9.6) (9.1) (2.9) 201,609 172,502 157,334 16.9 9.6
Gross profit 12.1 (7.2) (2.7) 389,391 342,917 308,596 13.6
Expenses
Advertising/promotions 20.0 (2.0) (3.0) 2,600 2,275 2,025 (14.3) (12.3)
Cleaning contractor 0.0 0.0 0.0 4,471 3,845 3,230 (16.3) (19.0)
Small equipment replacement (18.0) 13.7 (11.6) 1,000 890 829 (12.4) (7.4)
Laundry 5.5 3.2 (15.4) 735 642 581 (14.5) (10.5)
Maintenance 15.5 11.0 12.0 4,480 3,754 3,274 (19.3) (14.7)
Printing & stationery (22.0) 29.0 9.2 480 453 425 (6.0) (6.6)
Training & seminars (60.0) (80.0) (31.0) 1,200 1,062 1,017 (13.0) (4.4)
Wages & on-costs (15.0) (15.6) (14.3) 260,762 219,822 200,698 (18.6) (9.5)
Utilities 6.0 1.1 14.7 10,588 8,661 7,674 (22.3) (12.9)
Total expenses 13.4 14.4 (13.8) 286,317 241,404 219,753 (9.9)
NET PROFIT 8.5 (60.1) (30.4) 103,074 101,513 88,843 1.5
SITXFIN009 – Manage finances within a budget
Student Assessment Booklet – Assessment C_Bistro Reports | Version 1
Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926D
Variance formula
To calculate variance between two time periods.
Example 1 – Sales/Revenue/Profit
(Current year – Previous year) / Previous year x 100 = variance%
(June quarter current year – June quarter 200X) / June quarter 200X x 100 = variance between the two periods
Food sale variance = (328,500 – 286,781) / 286,781 x 100 = 14.5% increase in food sales revenue
Example 2 – Expenses
(Previous year – Current year) / Previous year x 100 = variance%
(June quarter 20XX – June quarter 200X) / June quarter 20XX x 100 = variance between the two periods
Cleaning contractor variance = (3,230 – 3,845) / 3,230 x 100 = 19.0% increase in cleaning contractor expenses
Note:
200X = Previous year
20XX = Two years ago
SITXFIN009 – Manage finances within a budget
Student Assessment Booklet – Assessment C_Bistro Reports | Version 1
Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926D
