Project Team Agreement This Project Team Agreement is a contract between the students assigned to this team regarding completion of teamwork for this class. By completing this agreement, students...

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Project Team Agreement
This Project Team Agreement is a contract between the students assigned to this team regarding completion of teamwork for this class. By completing this agreement, students agree to work together as a team rather than a collection of individuals. This shared document will be used to guide your work as a team.

Course Information
    Course Code
    BUS 535
    Course Name
    Managerial Accounting
    Choosing company
    Chipotle Mexican Grill
    
    

Student Information
    Student Code
    Student Name
    Cell Number
    Westcliff Email Address
    Team Member 1
    Deeksha Reddy Pinnapi
    Team Member 2
    Pawandeep Kau
    Team Member 3
    Amanda Zhao
    Team Member 4
    Parth Jain
Please identify each team member’s responsibilities here:
    Student Code
    Student Name
    Responsible For:
    Team Member 1
    Deeksha Reddy Pinnapi
    Providing an alternate solution for the challenges faced and Financial Health Analysis Commentary.
    Team Member 2
    Pawandeep Kau
    Analyzing the data from the outsource materials to get a better understanding on where the organization stands financially.
    Team Member 3
    Amanda Zhao
    Analyzing the organizations data for the past 5 years to identify various challenges and opportunities the company went through.
    Team Member 4
    Parth Jain
    Actionable Recommendation Memorandum
& accountable for all reports and presentations formatting.
Please finish the part of writing” Amanda Member 3“,APA format ,3 Pages.
All the team project’s content include these concepts:
    Course Learning Objectives (CLOs)
    1. Compute manufacturing costs of goods sold (cogs) and examine the decision-making process pertinent to job order costing and budgeting analysis.
    2. Perform an analysis of process costing and construct a theoretical framework that provides meaningful analysis for management.
    3. Analyze cost behaviors in relation to sales volume and making ethical managerial decisions that positively affect the bottom-line. Recommend strategies for problem solving related to these decisions.
    4. Analyze absorption costing and its effect on income and the costing of products. Interpret the criteria as it relates to general accounting principles.
    5. Determine cash flow reporting to include its purpose and format as it relates to statements, operating, investing, and financial activities. Discuss the importance of financial statement analysis in reference to decision making.
Additional information about APA format
APA Reference:
APA Citation-machine website:
https:
www.citationmachine.net/apa/cite-a-website
APA Citing in-text
https:
esearch.moreheadstate.edu/c.php?g=107001&p=695202
Answered 2 days AfterApr 07, 2022

Solution

Sumit answered on Apr 10 2022
13 Votes
Chipotle Mexican Grill is an American restaurant chain that was founded by Steve Elles in the year 1993 in the city of Denver Colorado. The company is known to serve American Mexican food to more than 1 million customers daily. The company owns more than 2724 restaurants (Haddon, H., 2020) mostly situated in America and few international locations situated in Canada, France, Germany and United Kingdom.
On analyzing the data, we noted that the major change in the operations of the company occu
ed during the COVID-19. The company had to close its restaurants due to lockdowns and had to quickly pivot to online ordering and delivery system. This transition reduced the profitability of the company. In the most recent Quarterly filing filed by the company for Q3 2021, the company noted a 14% year-over-year revenue gain amounting to $1.58 Billion. The digital sales of the company increased by 202% year-over-year.
Few of the challenges being faced by the company are as under:
(a). Dependency on limited Suppliers: The main ingredient served by the company is meat (Chicken, Pork and Beef). To ensure consistent quality of meat, the company has put its trust in limited number of suppliers. Due to limited number of suppliers the company may face shortage of goods due to this.
(b). High Calorie Food: The food being served by the...
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