Financial Accounting > CASE STUDY > Final Part 2 PolyPanel (All)
Final Part 2 PolyPanel
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1) It is seen in the forecasted P/L that 82% of the sales are to be spent for cost of goods sold whereas in 2007 and 2008 the COGS percentage were 74% and 79% respectively. It means COGS is increasi ... ng significantly which needs to be minimised. This increase in COGS is going to result in decrease in gross margin. 2) It is expected that there will be an increase in bad debt mainly due to two reasons: a) In order to promote the sales, the marketing department has extended the credit period to 150 days. b) Due to crisis in the Spanish economy the customers will also be effected. 3) Forecasted overhead expenditure is 14% of the normal sales amounting to € 5033.7 which is similar to the previous two years. In the changing scenario Cardbox company should minimise the overhead expenditure [Show More]
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