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can you help me the questions? Robert Gateau is planning to start his own business selling cakes on 1st January 2022.+ He will rent a

can you help me the questions?

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Robert Gateau is planning to start his own business selling cakes on 1st January 2022.+ He will rent a high street shop selling direct to customers on a cash basis and he will also sell in bulk to local hotels. + He plans to hire three members of staff and put capital of $60,000 in the business.+ Budgeted purchases and sales for the first four months of trading are as follows:+ January+ February+ March April Sales Ed 20,000+ 25,000+ 35,000+ 20,000+ Purchases f 21,000+ 18,000+ 14,0004 12,000+ The following information is also available:+ i. Purchases for January will be paid for in full during January 2022. All purchases from February 2022 will be paid for in the month received and will receive a 1% discount.+ ii. 60% of sales will be for cash and 40% on two months' credit.+ ii. Salaries of f12,000 each month are paid one month in arrears.+ iv. Robert Gateau plans to take cash drawings of $4,000 each month out of the business.+ V. Equipment costing $40,000 is to be purchased on 1st January. Payment is to be made in two equal monthly instalments commencing in January 2023+ vi. Depreciation of the above equipment is 20% straight line.+ vii. Other expenses of $5,000 are to be paid monthly beginning January 2022.+ vili. The high street shop will be rented at $6,000 per month (in advance).+ 3b) Complete the Cash Budget (below) for each of the three months January, 16 marks February and March 2022.+ Jan+ Feb Mary INFLOWS/ RECEIPTS + Receipts from cash sales+ Receipts from credit sales+ tTOTAL RECEIPTS t. OUTFLOWS/ PAYMENTS Payments for cash purchases+ t t t. TOTAL PAYMENTS t. NET CASH FLOW t. OPENING CASH CLOSING CASH 3c) Describe in detail TWO ways in which Robert could improve his 6 marks budgeted cash position. + 1.+ (insert your answer here)+ 2.+ (insert your answer here)+Luna Tart intends to start selling pastries in competition with Robert Gateaux. She has the following predicted costs for her factory for the next month. + Overheads E- salaries+ 3,000 power+ 1,500 rent+ 2,200 depreciation+ 500+ Direct labour hours 600 Machine hours 200- + Page 9 of 137 3d) What selling price should Luna charge for a pastry order (job) with the 6 marks following specifications: + Ingredients (flour, sugar, eggs, chocolate chips) costing $8 and 20 minutes of direct labour at $6 per hour. Her policy is to use traditional absorption costing plus a 50% mark up on Full Cost. (insert your answer here)+ ++ 3e) Discuss one qualitative factor that Luna should consider when deciding 2 marks whether to produce her pastries.+ (insert your answer here)+

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