ACCT2031 Managerial Accounting Budgeting Assignment Due: April 2, 2019 This is an individual assignment; please ensure you hand in original work. Please ensure that you provide a 3-4 page, written report that includes all of your assumptions and conclusions. In addition, provide an Excel workbook [use the demo sample worksheet provided) with all of your calculations. Your report must include a cover sheet that has all of the following information: 0 Your name 0 Your student number '- Course name '- Course code 0 My name 0 Due date 0 Assignment name This assignment is worth 20% of your final grade. Turn in a three to four page (12-point font, double-spaced with 2.5 cm margins). The paper should include your budgets for each of the three months and for the quarter in total. These budgets must be created in Excel, but can be imported into the Word document for final presentation. The Excel workbook must also be submitted. Budgeting for a Single Product. In this case, you will create budgets for a single product for each of the months in an upcoming quarter. Select a product that you could purchase in large quantities (e.g. at a warehouse sale or bulk store) and repackage into smaller quantities to offer for sale at a sidewalk caf, event, flea market, or other similar venue. Choose a selling price for the smaller (repackaged) items. Make reasonable assumptions about how many of the smaller units you can sell in each of the next four months (you will need the fourth month's sales in units for the operating budgets). Steps