Investor's Report

ACC-202 Brittny Deleon Southern New Hampshire University

7-1 Final Project: Investor Presentation

901 Main Street Dallas, TX 75204

COMPANY PROFILE

Head Over Paws

We believe in a world where furry family members receive the same level of customer services as the humans who feed them. We treat pets as if they were our own and prioritize their health and well-being over everything. Our hope is that you will fall ‘Head Over Paws’ in love with our services!

VISION

A pet is more than just an animal you share your home with, they are a part of your family! Our mission is to treat every pet with the upmost respect. We will love and care for them as our own! We promise to use the highest- quality resources and return your pet back to our care safely. Rest easy knowing your pet is in great hands with Heat Over Paws!

MISSION

INESTMENT OPPORTUNITY

Head Over Paws

CODE OF PROFESSIONAL CONDUCT

American Institute of Certified Public Accountants

Responsibility

Public Interest

Integrity

Objectivity & Independence

Due Care

Scope & Nature of Services

Cost Classification

Variable & Fixed Costs

Market Research

Contribution Margin Analysis

Break-Even Analysis

Statement of Cost of Services

Income Statement

ACCOUNTIN G PROCESS

Head Over Paws

JOB ORDER COSTING: consists of job cost sheets for each particular product

PROCESS COSTING: accumulates costs for

each department involvedVS.

COST ACCOUNTING SYSTEMS

JOB ORDER COSTING

Head Over Paws

GROOMING Total variable costs = $9.97 Total fixed costs = $2,367.91

BOARDING Total variable costs = $7.35 Total fixed costs = $1,378.97

DAY CARE Total variable costs = $4.65 Total fixed costs = $858.44

SELLING PRICES Head Over Paws

GROOMING $25/groom = 5 dogs/day $30/groom = 4 dogs/day $35/groom = 3 dogs/day

BOARDING $25/dog = 12 dogs/day $28/dog = 10 dogs/day $30/dog = 7 dogs/day

DAY CARE $18/dog = 22 dogs/day $20/dog = 15 dogs/day $25/dog = 10 dogs/day

TARGET PROFITS Head Over Paws

• $0 Break-Even: 158 • $1,000 Target Profit:

225 • $1,500 Target profit:

258

GROOMIN G

• $0 Break-Even: 56 • $417 Target Profit: 84 • $667 Target Profit: 100

DAY CARE

• $0 Break-Even: 67 • $583Target Profit: 93 • $909 Target Profit: 111

BOARDING

GROOMIN G

$15.03

DAY CARE

$15.35

BOARDING

$20.65

CONTRIBUTION MARGIN

Head Over Paws

COST VARIANCES

FAVORABLE VARIANCE: actual cost is less than the standard cost

UNFAVORABLE VARIANCE:

actual cost is greater than the standard cost

Groomer Direct Labor Time Variance: $360

UNFAVORABLE

Groomer Direct Labor Rate Variance: ($90)

FAVORABLE

Direct Materials Quantity/Efficiency

Variance: $400

UNFAVORABLE

Direct Materials Price Variance: $1,200

UNFAVORABLE

COST VARIANCES Head Over Paws

THANK YOU!

References

Warren, C.S., Reeve, J.M., & Duchac, J. (2017) Managerial Accounting (14th ed.).

Boston, MA: Cengage Learning.

American Institute of Certified Public Accountants. (2019). AICPA Code of Professional

Conduct. Retrieved from https://pub.aicpa.org/codeofconduct/Ethics.aspx

Accounting-Simplified.com. (n.d.) Direct Material Price Variance. Retrieved from

https://accounting-simplified.com/management/variance-analysis/material/price.html