can you guy please help me solve 7,8,9,11

Create an imaginary company with a product that can be manufactured and sold Keep it a simple product. Don't pick something with many parts. You will be describing the making and selling of the product. You can do this by yourself or in a group of 2 or 3 - No more than 3 Think through the following: Where will you make it - what costs are involved - materials, labor, rent, etc. Who will make it. How long will it take. What equipment will you need? Who do you sell to? How will you get it to your customers? Will you need to rent a place to sell? Who will get paid to sell? Sales commissions? Delivery costs, travel costs? Can you make money? 1 List all the manufacturing costs? DM, DL Overhead 2 What are the fixed costs? 3 Variable costs? 4 List the non-manufacturing costs - period costs? For example - selling costs, rent, salaries (incl your own) 5 Determine if you should use job costing or process costing 7 Determine a price to sell - try it out using cost price volume 8 Determine breakeven sales numbers 9 Create a contribution margin income statement CVP 10 Create a 4 quarter budget with all the schedules in Chap 9 Sales budget, production, materials, labor ESPECIALLY Income Statement 11 Create a summary of what the product is, how you make it, how you sell it, what you charge for it, what the competition is, and if your budget shows you are going to make money. I am a potential investor. Convince me to invest in your company. Make up all numbers for costs and prices but try to keep them reasonable Fon Nebar Fom FI Calibri (Body) 12 Alignment abc A- A- Wrap Text - General Normal Paste clear U Merge ES Conditional Formatting Bed F M 500,000 500,000 K40 A B D 1 I will start a Icecream company and product to be sold will be icecream 2 price/icecream 1 3 total expected volume total revenues/year 5 6 7 1) 8 milk, sugar and palm oil 9 plastic wrapper and printing 10 11 12 13 14 2) 15 16 17 18 193) 20 21 22 23 manufacturing costs cost of sales raw materials packingaging materials labor cost other direct expense (variable % of revenues 20% 5% 15% 5% total value 100,000 25,000 75,000 25,000 225,000 total fixed costs plant depreciation factory rental 5% 5% total 25,000 25,000 50,000 variable costs-same as cost of sales raw materials packing materials labor cost other direct expense variable) 20% 5% 15 5% total 100,000 25,000 75,000 25,000 225,000 25 26 41 27 maketing, sales commision, adverting 28 office expenses, office rent, office overheads, salary of employees 29 30 31 32 S) we should use process costing selling and distribution expenses general and administrative expenses other operating Income/expenses) 10% 5% SN total 50,000 25,000 25.000 100,000 35