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25 years ago, Bay started out with a single promise to our customers quality. Unwavering from that pledge, our buildings are a testament to the

25 years ago, Bay started out with a single promise to our customers quality. Unwavering from that pledge, our buildings are a testament to the values of hard work, dedication, and entrepreneurial spirit all qualities central to our legacy. Each Bay project is a landmark, charting the course of our momentous 25-year journey. Behind the scenes are numerous notable milestones, all of which are outcomes of leadership and innovativeness. Such achievement is only possible when a team is fully dedicated to the goal of attaining all-round excellence. Innovation has propelled Bay to progress and remain a leader. Focusing only on the high-end of the market challenged us to introduce novel ideas with each successive project so much so that, over five dozen of such amenities and features found in todays high-end Dhaka apartments are undisputedly Bays contribution, and many are now part of the National Building Code. As Dhakas real estate market evolved, so did the customers demands. The moment Bay began to offer a one-stop solution, with complete interior fit-out customizable to the familys specific needs, it was a hit and the market followed suit. With the longstanding commitment to deliver durability and value, Bay also pioneered the advent of professional building maintenance and management. BAY PROJECTS Bays Chayaneer, Baridhara Launch: May 2021 Completion: 2025 Total Apartments: 10 Snuggled in the heart of Baridhara, Chayaneer exudes a certain sophistication that sets it apart. Packed with all the features and amenities expected in a premium apartment and more, this can be your perfect retreat. Each floor is occupied by a single apartment, accessed from exclusive lobbies to ensure security and privacy. Every part of this 3,600 sqft apartment has been meticulously planned using the highest quality materials, craftsmanship and interior design aesthetic. Bays Lyra, Baridhara Launch: June 2021 Completion: 2025 Total Apartments: 14 Bays Lyra stands testament to our unwavering commitment towards quality. Situated amidst the tranquil neighbourhood of Baridhara, this seamless blend of style and functionality is set to become the perfect home. Each floor is occupied by a single apartment, accessed from exclusive lobbies to ensure security and privacy. 4,500 sqft of clean, contemporary designer interiors, customized to meet the needs and wishes of each occupant complement the large patio gardens to bring a touch of elegance and nature into every unit. Bays Seleste, Gulshan Launch: July 2021 Completion: 2024 Total Apartments: 12 (equally distributed based on size) Seleste is another of Bays projects situated in Gulshan. An amalgamation of contemporary design, nature, grandeur, customizable layouts tempered with the finest fittings and craftsmanship. All the sought-after hallmarks of a Bay project are on full display. Being located in the heart of Gulshan is yet another plus. The ground floor welcomes you with double height, professionally landscaped spaces with a water feature, and exclusive lift lobbies. Single apartment floors of 3,950 sqft and 4,150 sqft offer exclusivity and an exotic rooftop garden with an adjacent pool are just some of the amenities on offer. Questions 1. Conduct an online research and identify the fixed and variable costs related to construction. (2 marks) 2. Now consider the following data related to selling price in each project Bays Chayaneer: Tk 25000/ sqft Bays Lyra: Tk 23000/ sqft Bays Selste: Tk 22000/ sqft 3. The variable cost of building depends on the apartment sqft based on the following range 2000-2800 sqft= Tk 15,000/ sqft 2801- 3900 sqft= Tk 18,000/sqft 3901- 5000 sqft=Tk 20000/ sqft Determine the break-even point for each project if the fixed costs are as follows Site Electricity: Tk 60000/ project Site Salary: Tk 95000/ project Site Machinery: Tk 105000/ project Site Common Costs: Tk 267000/ project. Lift Installation: Tk 568000/ project Gardening: Tk 273000/ project Pool installation: Tk 134000/ project ( 2*3 =6 marks) 4. One of the customers at Chayaneer and Lyra, decide to customise their apartment. While customising, in both sites, he wants to install a food lift, some cabinets and central air-conditioning. Costs related to the customisation are given below Food lift: Tk 42000/ lift/ site Cabinets: Tk 24000/ cabinet/ site (Each site will have 3 cabinets each) Central Air Conditioning: Tk 90000/site Justify whether the customization should be allowed based on profitability analysis and qualitative justifications. ( 5 marks) 5. At the end of March, based on overall business processes, the accounts department at BAY presented the following data to the senior Management. Summary: Particular Budget (m) Actual (m) Cash inflow, sales and rental 396 239 Cash outflow for expenses 208 235 Excess / (Shortage) 188 4 Using the above data and consid

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