Determine the price of your product prepare a sales budget


Question: Analyze your food truck.

a. Estimate sales in units in September, October, and November 2018.

 

September

October

November

Estimated # Meals

 

 

 

b. Determine the price of your product ______________.

c. Prepare a sales budget of your food truck for September, October, and November 2018.

d. Perform CVP analysis: break-even in units; break-even in sales; margin of safety; and operating leverage.

 

September

October

November

Break-even in units

 

 

 

Break-even in sales

 

 

 

Margin of safety #

 

 

 

Margin of safety ratio

 

 

 

Operating leverage

 

 

 

• Determine all the costs of your business, including how you determine the costs. You can use example in DM, DL, OHD, and S&A.

• Estimated sales and price. Show your reasons.

• Sales budget.

• CVP income statement or indicate variable costs, contribution margin, and fixed costs of your food truck.

• Comments on the business, e.g. how much is your estimated profit; any outside factors that may affect your sales and your profit, etc.

Information related to above question is enclosed below:

Attachment:- 20180410231957part_11.rar

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Accounting Basics: Determine the price of your product prepare a sales budget
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