acn 405 report - Course Cost Accounting 01 Course ID ACN 405 TOPIC Start Up Business Submitted By Name FAHIM AHMED ID 1721572 SEC 01 Submitted to

acn 405 report - Course Cost Accounting 01 Course ID...

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Course: Cost Accounting 01 Course ID: ACN 405 TOPIC: Start Up Business Submitted By: Name: FAHIM AHMED ID: 1721572 SEC: 01 Submitted to: MR. NAHEEM MAHTAB
Table of Contents Executive Summary ........................................................................................................... 3 Products ............................................................................................................................ 4 Calculation of revenues ..................................................................................................... 5 Financial statements .......................................................................................................... 6 Identifying variable cost and fixed cost .............................................................................. 9 Identifying Each Product as a separate job ........................................................................ 9 Identifying Activity and Cost Drivers ................................................................................ 10 Simple costing (Traditional) ............................................................................................. 10 ABC SYSTEM ................................................................................................................. 11 PROFITABILITY ANALYSIS ......................................................................................... 11 BUDGET ......................................................................................................................... 12 PRODUCTION BUDGET ............................................................................................................... 12 DIRECT MATERIAL BUDGET .............................................................................................. 13 Cash Budget .............................................................................................................................. 14 Capital Budgeting Analysis .............................................................................................. 15
Executive Summary This business plan is aimed at providing investors with necessary key information of our business as well as describe its profitability through financial projections. As the main thing of concern for the investor is the financial capability and profitability of a startup, we want to emphasize the financial parts of our business in this proposal. However, the proposal will also provide the reader with the general synopsis of our start-up, our business model, and what we want to achieve in the future. Pizza and burger house is a start-up business that aims to provide amazing quality & tasty fast-food to the residents of our local area in dhaka city. We want to deliver this experience in a manner that will create fair and equitable returns for both the present and our future owners as well as the greatest value to the customers. Pizza and burger house specialize in offering a wide variety of different and delicious fast-food based on our customer’s preferences. Currently, there are several established brands like KFC, Pizza Hut and Dominos are competing in the city. But we are optimistic that we can make a place for ourselves through our start-up by offering better fast-food at a reasonable and affordable price and will deliver within the least time to our customer’s doorsteps.

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