You have to start a new venture and decide your product’s cost on the basis of ABC. Make a master budgeting assuming real time information. Figure out your variable and fixed costs and your initial investment and onetime costs. Apply breakeven analysis (including sales mix) and prepare your income statement with any one approach studied (you may or may not choose to operate on your breakeven quantity while preparing your income statement). Prepare Master Budgeting for your project and so Activity based costing too. Your project would be evaluated on your successful application of the methods and how well aligned all your data is. In the first week of January, there would be a presentation/viva of the same project. Plagiarism would be checked and 18% similarity index is acceptable.

product: SUV car

Location Lahore

Currency: Pak RS

Answer rating: 100% (QA)

A 1 Fixed costs a Rent 2000 per month b Depreciation 1500 per month c Insurance 500 per month d Utilities 200 per month e Wages 3000 per month f Misce... View the full answer