Assessment Description The Covid-19 pandemic has affected the livelihood of thousands in Malaysia. Some have lost their jobs; others face pay cuts or unpaid leave. Faiz, a chef from one of the well-known restaurant lost his job six months ago. He is now considering of selling street food in SS 2 Petaling Jaya. Task 1. You are required to assist Faiz to forecast and prepare a budget for this new business. This includes: A brief description of the street food Faiz intends to sell An estimation of unit selling price and other relevant costs (fixed and variable costs) . An estimation of units sold and units purchase/made over six months . An estimation of payment pattern to suppliers and collection from customers . An estimation of any other related expenses State the assumptions used in the above estimations. Assessment Description The Covid-19 pandemic has affected the livelihood of thousands in Malaysia. Some have lost their jobs; others face pay cuts or unpaid leave. Faiz, a chef from one of the well-known restaurant lost his job six months ago. He is now considering of selling street food in SS 2 Petaling Jaya. Task 1. You are required to assist Faiz to forecast and prepare a budget for this new business. This includes: A brief description of the street food Faiz intends to sell An estimation of unit selling price and other relevant costs (fixed and variable costs) . An estimation of units sold and units purchase/made over six months . An estimation of payment pattern to suppliers and collection from customers . An estimation of any other related expenses State the assumptions used in the above estimations