COGS部分计算

问题如下：

Gertrude Fromm is a transportation sector analyst at Tucana Investments. She is conducting an analysis of Omikroon, N.V., a (hypothetical) European engineering company that manufactures and sells scooters and commercial trucks.

Fromm uses the base case forecast for 2020 shown in Exhibit 1 to perform the following sensitivity analysis:

The price of an imported specialty metal used for engine parts increases by 20%.

This metal constitutes 4% of Omikroon’s cost of sales.

Omikroon will not be able to pass on the higher metal expense to its customers.

Fromm’s sensitivity analysis will result in a decrease in the 2020 base case gross profit margin closest to:

选项：

A.

0.55 percentage points.

B.

0.80 percentage points.

C.

3.32 percentage points.

解释：

A is correct. The sensitivity analysis consists of an increase of 20% in the price of an input that constitutes 4% of cost of sales. Change in gross profit margin be cause of that increase is calculated as the change in cost of sales because of price increase divided by sales:

= (Cost of sales × 0.04 × 0.2)/Sales

= (105.38 × 0.04 × 0.2)/152.38

= 0.0055