Question: If any information are missing, Use imagination information Act 202 Individual Project Outline You have a tea stall in operation at W park since 2015.

If any information are missing, Use imagination information

If any information are missing, Use imagination information Act 202 Individual Project

Act 202 Individual Project Outline You have a tea stall in operation at W park since 2015. Information of your business in 2018 are as follows: Seliing price was EDT 15 per cup Average Sales volume was 45 cups per day Annual sales growth was 10% Price increases by 10% every year Monthly average selling and administration cost of the stall was: Police Commission = BDT 700/month Rent = BDT 1,200/month Utility = BDT loo/month Depreciation = EDT 50! month During a normal situation, the following growth has been observed: Raw material cost increases by 12% every year Labor cost increases by 10% every year MOH cost increases by 15% every year Selling and administration cost increases by 4% every year Make a Master Budget [Sales/Production/RMILabor/MOHISeIlin; 8s Administrative/Cash budget) for the year 2019 [Pre CORONA virus M1 and another Master Budget for the year 2020 [CORONA virus year). You need to calculate you r own production cost (raw material cost + labor cost 4- MOH cost) and opening/closing inventory. Show details/breakdown of your calculation. Give reasons of any changes of m assumptions between 2019 and 2020 Master Budget l.e., pre COVID 19 situation and during COVID 19 situation. Also keep in mind that due to COVID 19 situation, the growth rate may be different than what has been observed during the normal scenario [mentioned above). Note: 1. You must NOT go outside for data collection. You have gg'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. No hand written. 3. No word limit

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!