Act 202 Group Project Outline Summer 2022 Select a small business that produces their own goods. Do the required/appropriate budgeting for the following years on a quarterly basis: 2021 and 2022 Make a Master Budget (Sales/Production/Raw materials/Labor/MOH/Selling & Administrative/Cash budget) for the four quarters of both years. Show detailed assumptions and breakdown of your calculation. Give reasons of any changes of your assumptions between the two quarter's Master Budget e.g., COVID 19 situation getting better in the future due to increased vaccination/educational institutions reopening may lead to higher sales. Note: 1. You must NOT go outside for data collection. You have to do the assignment based on your judgement and using the concept from books, slides, google, internet etc. 2. Assignment should be done in MS Excel or MS Word. NOT hand written. 3. No word limit - however, keep it as clear and concise as possible