Computations
New Vehicles
When the Variable Operations section of pages 5 and 6 of the operating report is prepared, new and used vehicle gross profit figures are computed on the basis of units sold.
This calculates the amount of gross profit per vehicle sold. Such figures are computed for individual series and classifications of vehicle sales by dividing gross profit by unit sales.
Example:
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$425,000 |
|
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/ |
|
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“Regular” series unit sales –YTD Account 400-418, New Cars - Retail |
300 |
|
Gross Profit Per Vehicle Sold (“Reg.” Series) |
$1,417 |
This calculates the amount of gross profit per new vehicle sold. The gross profits per unit sold for Total New & Used Vehicles and Total Variable are computed on a per new unit sales basis.
Example:
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$645,000 |
|
|
/ |
|
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YTD New Vehicle Sales (Units) |
430 |
|
GROSS PROFIT PER NEW VEHICLE SOLD (TOTAL NEW & USED CAR & TRUCK DEPARTMENTS) |
$1,500 |