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Guri-BABMGT517 - Operational Performance Report Template-Task 4

This document contains an operational performance report template for an assessment task. It includes profit and loss statements for two campuses comparing actual and budgeted figures. There is an analysis of the financial performance and reasons for profit/loss amounts. It also describes and gives reasons for variances between the campuses.

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54 views

Guri-BABMGT517 - Operational Performance Report Template-Task 4

This document contains an operational performance report template for an assessment task. It includes profit and loss statements for two campuses comparing actual and budgeted figures. There is an analysis of the financial performance and reasons for profit/loss amounts. It also describes and gives reasons for variances between the campuses.

Uploaded by

Kumar Creative Contents
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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This document is Operational Performance Report Template.

It is part of the supporting assessment resources for Assessment Task 4 of BSBMGT517.

King Edward VII College

Profit and Loss six months to Dec 2020Sydney

Income Budget Actual Variance%


Sales $450,000 $475,000 $5.55%

Expenses
Electricity and gas $1,500 $3,000 $10%
Internet $1,000 $1,100 $1%
$Office supplies $700 $1,200 $07%
Rent $225,000 $220,000 -$2.22%
Stationary $800 $1,300 $62.5%
Wages and salaries $115,000 $117,000 $1.739%
Superannuation $15,000 $16,000 $6.66%
Travel and accommodation $2,500 $2,700 $8%
Water $2,000 $2,600 $30%
Work cover insurance $900 $900 $0.111%
Total expense $814,400 $840,800 $3.241%
Net Profit

Profit and Loss six months to Dec 2020Brisbane

Income Budget Actuals Variance%


Sales $350,000 $410,000 $17.14%
Expenses
Electricity and gas $1,200 $2,800 $0.0133%
Internet $1,100 $1,100 $0.0909%
Office supplies $650 $1,300 $100%
Rent $185,000 $190,000 $2.702%
Stationary $700 $1,250 $7.857%
Wages and salaries $115,000 $117,000 $78.57%
Superannuation $15,000 $16,000 $6.666%
$Travel and accommodation $2,100 $2,300 $9.523%
Water $1,900 $2,100 $10.52%
Work cover insurance $870 $870 $0.114%
Total expense $673520 $744720 $10.57%
Net Profit

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©RTO Works 2019
This document is Operational Performance Report Template.
It is part of the supporting assessment resources for Assessment Task 4 of BSBMGT517.

Financial performance analysis


Describe and give reasons for all profit and loss amounts.

Based on the above table, it has been analysed that the total budget of sales in Sydney
of the organisation for the year of 2020 is $450000 and actual cost of budget is
$475,000. On the other hand, it has been analsyed that the total expenses value of the
budget of the organization for the year of 2020 is $814,4000 and the required cost of
actual value is $840,800. So it can be stated that the organization cannot gain profit in
a business in this year. As per the views of Kabey (2019), they get loss in business of
$26,400. After that the variance of net loss of their business has increased $3.241%.

Based on the above table, it has been analysed that the total budget of sales in
Brisbane of the organisation for the year of 2020 is $350,000 and actual cost of
budget is $410,000. On the other hand, it has been analyzed that the total expenses
value of the budget of the organization for the year 2020 is $67,3520 and the required
cost of actual value is $74,4720. As per the views of Höglund et al. (2018), so it can
be stated that the organization cannot gain profit in a business in this year. They get
lost in the business of $71,200. After that, the variance of net loss of their business has
increased by $10.57%.

Variances
Describe and give reasons for all variances.

Main comparison of each campus is the variance and the total loss of Brisbane is
higher than Syndey. The variance of net loss of Syndey's business has increased by
$3.241%. On the other hand, the variance of net loss of Brisbane business has
increased by $10.57%. It is a huge difference between these businesses and the actual
cost and budget cost of Brisbane is much higher than Sydney. Around $600000
amount of cost in actual value and $5,00,000 amount of total budget value difference
between the Brisbane business and Sydney business of the organization.

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©RTO Works 2019

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