Departmental Expenses (Bodyshop)

Departmental Expenses (Bodyshop)

Departmental Expenses ÷ Turnover (x100)

Guideline: Own Policy

Description:

Typically, Departmental Expenses are shown as a monetary value and in order for you to capture meaningful trend analysis you will need to express them as a percentage of departmental Turnover.

Example:

A) Variable Expenses = R28,655
B) Semi-Fixed Expenses = R143,272
C) Departmental Expenses = R171,927 (A + B)
D) Department Turnover = R573,088
E) Departmental Expense % = 30% (C ÷ D X 100)

Discussion:

Keeping control of Departmental Expenses can be a difficult task unless you fully understand the difference between Variable expenses and Semi-Fixed Expenses.

Variable Expenses are directly linked to sales volume and Semi-Fixed Expenses are not linked to sales volume therefore the actions that you need to take to maintain control is different in each area.

Related Terminology:

The Departmental Expenses of the Bodyshop are also know as Direct Expenses and refer to the total expenses incurred. They represent the sum total of the Variable Expenses and Semi-Fixed Expenses.

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