RETAIL MARKETING OF MEATS 
83 
TYPICAL OPERATING STATEMENTS 
To present the average results for operating expenses and profits 
in dollars and cents in the form in which they appear in accounting 
records, typical operating statements have been prepared based upon 
the data collected. (See Table 44.) The statements presented are 
for the five groups of delivery meat markets according to volume of 
net annual sales. The representative figure for net sales in each 
group is an approximate average in round numbers of all the con- 
cerns from which information was obtained in that group. Upon 
the basis of net sales as 100 per cent the other items are arrived at 
by applying the weighted average percentage figures (Table 28) for 
each item in each of the five groups to the representative figure for 
net sales in that group. In the groups with sales between $100,001 
and $200,000 and with sales over $200,000 the items are segregated 
into the groups, selling expense, delivery expense, buying and man- 
agement expense, and general expense (as in Table 32). It seems 
unnecessary to present statements for carry stores, since by deducting 
the amount of the delivery expense and reducing net sales by an 
equivalent amount in each instance operating statements may be 
obtained which are approximately correct for carry stores. It should 
be remembered that the item " Cost of merchandise sold " is deter- 
mined by adding the actual purchases during the year to the inven- 
tory at the beginning of the year and subtracting from the sum the 
inventory at the close of the year. 
Table 44.- 
-Typical operating statements for individual meat markets with 
delivery service. 
Item 
A. Concerns with sales 
not over $25,000 
B . Concerns with sales 
between $25,001 and $50,000 
C. Concerns with sales 
between $50,001 and $100,000 
Net sales 
Cost Of merchandise 
sold 
Gross margin 
Salaries and wages.. 
Delivery wages. 
Advertising 
Wrappings 
Refrigeration 
Heat, light, and 
power 
Telephone.. 
Rent 
Interest 
On capital 
owned. 
On capital bor- 
rowed.. 
Depreciation of 
store equipment. . 
Repairs to store 
equipment 
Insurance 
Taxes 
Losses from bad 
debts 
Other expense 
Other delivery- 
expense 
Total expense. 
Net profit 
Per cent 
$20,000.00 100.00 
15,712.00 78.56 
4, 288. 00 21. 44 
$2, 266. 00 
(412. 00) 
22.00 
172.00 
210.00 
54.00 
54.00 
338. 00 
146.00 
(110. 00) 
(36. 00) 
152.00 
44.00 
10.00 
42.00 
38.00 
284.00 
(168. 00) 
11.33 
(2. 06) 
.11 
.27 
.27 
1.69 
.73 
(.55) 
(.18) 
.76 
.22 
.05 
.21 
.19 
1.42 
(.84) 
3,832.00 19.16 
. Per cent 
$35, 000. 00 100. 00 
27,968.50 79.91 
$4, 080. 50 
(760. 00) 
28.00 
266. 00 
308.00 
101. 50 
80.50 
416. 50 
203.00 
(140. 00) 
(63. 00) 
147.00 
45.50 
21.00 
38.50 
119. 00 
490.00 
(301. 00) 
7,031.50 20. 
11.67 
(1.90) 
.08 
.76 
.29 
.23 
1.19 
.58 
(.40) 
(.18) 
.42 
.13 
.06 
.11 
.34 
1.40 
(.86) 
349.00 18.14 
Per cent 
$70,000.00 100.00 
56, 
3.00 81.09 
12, 237. 00 18. 91 
$7, 371. 00 
(945. 00) 
133.00 
455. 00 
406. 00 
175.00 
126.00 
812.00 
343.00 
(252. 00) 
(91. 00) 
217.00 
126.00 
98.00 
63.00 
161. 00 
1, 078. 00 
(756. 00) 
456. 00 2. 28 
682. 50 1. 95 
1, 673 
10.53 
(1. 35) 
.19 
.65 
.58 
.25 
.18 
1.16 
.49 
(.36) 
(.13) 
.31 
.18 
.14 
.09 
.23 
1.54 
(1. 08) 
00 16. 52 
00 2. 39 
