Page 10 - CIMA MCS Workbook August 2018 - Day 2 Tasks

CIMA NOVEMBER 2018 – OPERATIONAL CASE STUDY

REFERENCE MATERIALS – JESSICA TREEWOOD’S ANALYSIS

CHART

st
Supporting documents – Budgeted figures for year ended 31 December 2018

Full-fee Student Classes Other Total
members members
C$000 C$000 C$000 C$000 C$000

Revenue 67,860 20,880 2,756 898 92,394
Variable costs (13,572) (5,220) (1,102) (539) (20,433)

Contribution 54,288 15,660 1,654 359 71,961
C/S ratio 80% 75% 60% 40% 77.9%

Contribution 71,961
Fixed costs (56,177)

Operating profit 15,784

Notes:
• Variable costs for membership income have been estimated at C$3 per person per month
• Variable costs for classes relate to payments to the person running the class
• “Other” income includes vending machine income and day passes

30 KAPLAN PUBLISHING