Dear Sir,

Please guide me how to start below task and from where I can get citation for that.

The London Docks Caf is a company that prepares meals for tourists and citizens in its kitchen located next to the local airport. The company's planning and actual budgets for September appears below:

The London Docks Caf

Planning and actual budgets for the month ended September 30th, 2020

PLANNING ACTUAL

Budgeted meals quantity (q) 20 000 18 000

Revenues (5.00q) 100 000 90 000

Expenses:

Raw material (2.50q) 50 000 45 000

Wages and salaries (5 500+0.25q) 10 500 10 000

Utilities (2 500 + 0.05q) 3 500 3 400

Facility rent 5 000 5 500

Insurance 2 800 3 200

Fuel 2 500 2 800

Net Operating Income 25 700 20 100

Required:

Outline the objectives of budgeting and explain how London Docks Caf benefits from engaging in robust budgetary processes? (15 marks)

writing report showing London Docks Cafe's revenue and spending variance for September? (20 marks)

Based on the variances report you prepared in (b) above, which area/s ofactivity should be of concern to the management of London Docks Caf? Explain (25 marks)

Explain the terms profitability and sustainability. Assess and advise the London Docks Caf on the measures they should adopt to ensure the attainment of both mandates. (30 marks)