Selling price was BDT 20 per plate Average Sales volume was 70 plates per day Annual sales growth was 5% Price increases by 15% every year Monthly...
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Selling price was BDT 20 per plate Average Sales volume was 70 plates per day Annual sales growth was 5%

Price increases by 15% every year

Monthly average selling and administration cost of the stall was:

Grease payment = BDT 500/month

Rent = BDT 1,200/month

Utility = BDT 200/month

Depreciation = BDT 50/month

During a normal situation, the following growth has been observed: Raw material cost increases by 5% every year Labor cost increases by 3% every year MOH cost increases by 7% every year Selling and administration cost increases by 2% every year Make a Master Budget (Sales/Production/RM/Labor/MOH/Selling & Administrative/Cash budget) for the year 2019 (Pre-CORONA virus year) and another Master Budget for the year 2020 (CORONA virus year). You need to calculate your own production cost (raw material cost + labor cost + MOH cost) and opening/closing inventory. Show details/breakdown of your calculation. 

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Subject: Accounting, Business
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