Finance Lunch N' Learn Pre-knowledge Check
Hi HR!As we shared before, we want to keep you engaged on our two focus areas of business acumen and leading change. To do that we would like to leverage our learning technology to enhance your understanding of EBITA and Net Revenue/Gross Profit through a short quiz. Please take this knowledge check before our upcoming March Lunch N' Learn. Cheers,Dorothy & Ryan
- 1.Which has the biggest impact on operating profits (EBITA)?
- A.
5% change in price promotions/bbl
- B.
1% change in net revenue/bbl
- C.
1% change in domestic volume
- D.
1% change in variable cost of sales/bbl
- 2.Gross Margin per barrel is highest for which brand (nationally)?
- A.
Coors Light
- B.
Keystone Light
- C.
Miller Lite
- D.
Coors Banquet
- 3.Which of the following packaging types generally has the highest gross margin per barrel?
- A.
Cans
- B.
Kegs
- C.
Bottles
- 4.Do all cases (or barrels) hold the same financial value within MillerCoors?
- A.
Yes, we need to deliver the volume plan.
- B.
No. Cases deliver a variety of profits, with profit being a key priority as well as volume.
- 5.Mix variances occur because brands, packages, and geographies have a per-unit difference in ____.
- A.
Revenue
- B.
Cost
- C.
Both Revenue and Cost
- 6.The impact of selling more Keystone Light in lieu of Coors Light is:
- A.
Favorable package mix due to greater volume of lower-cost cans.
- B.
Unfavorable brand mix due to greater volume of lower-margin Keystone Light.
- C.
Both A and B.
- D.
None of the Above
- 7.Which state has the highest Gross Margin per bbl?
- A.
California
- B.
New York
- C.
Colorado
- D.
Florida
- E.
Texas
- 8.On a brand or geographic P&L, cost of goods is:
- A.
Variable costs involved in producing our products.
- B.
Fixed costs involved in producing our products.
- C.
Both A and B.
- 9.Which of the following product cost components is by far the highest?
- A.
Brewing Materials
- B.
Packaging Materials
- C.
Conversion costs for labor and overhead
- 10.Why might SVC per barrel vary among breweries for the same brand/package?
- A.
Line speed / technology
- B.
Cost of utilities
- C.
Labor costs
- D.
All of the Above
- 11.How often do freight standards change?
- A.
Twice a Year
- B.
Annually
- C.
Quarterly
- D.
Monthly
- 12.On the brand and geographic P&Ls, the freight cost standard is affected by:
- A.
Fuel costs
- B.
Source brewery/breweries for a given product
- C.
How much beer you can fit on a truck
- D.
All of the Above
- 13.Which is closest to the annual amount that MillerCoors spends on Marketing?
- A.
$1 billion
- B.
$500 million
- C.
$1.2 billion
- D.
$800 million
- E.
$2 billion
Questions: 8 | Attempts: 68 | Last updated: Sep 2, 2020
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