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2) Review all possible scenarios that you projected in part (1). Write a one to a two-page paper discussing possible factors that could affect your
2) Review all possible scenarios that you projected in part (1). Write a one to a two-page paper discussing possible factors that could affect your decision to choose one scenario over another when preparing budgeted financial statements for next year. Determine which scenario (select only one) that you think is most likely and should be used in the budget. All students may select a different scenario and still be correct. You will be assessed on how well your assumptions/factors support your decision. You will have to make several assumptions in order to support your answer. Feel free to use whatever sources you see fit to support your claims. Be very specific about why you chose that particular scenario. As part of your reflection on your decision, how do you see yourself using these critical thinking skills in the future? What industries/businesses could benefit from such analysis? Do you see using these skills in your specific career in the future? Sales Price Sales Quantity Total contribuition margin Service cost Marketing & Administartion Operating Profit $20 $30 $3,000 $3,000 $3,000 60,000 90,000 150,000 45,000 45,000 45,000 $26,000 $ $29,000 $ $35,000 $ (11,000) 16,000 70,000 $50 $20 $30 $4,500 $4,500 $4,500 90,000 135,000 225,000 45,000 45,000 45,000 $29,000 $ $33,500 $ $42,500 $ 16,000 56,500 137,500 $20 $30 $7,200 $7,200 $7,200 144,000 216,000 360,000 58,500.00 58,500.00 58,500.00 $34,400 $ $41,600 $ $56,000 $ 51,100 115,900 245,500 $50
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