do a budget forecast for three months, addressing the problem areas previously identified (you can use the template on the next page) make use of one of the forecasting methods and motivate the choice of forecasting method chosen (if you are not responsible for the budget you can use your best estimates)

BUDGET ITEMSVARIANCE AMOUNTREASON FOR VARIENCEAdvertising paid-2000They overspend when advertising their products both February and marchTravelling expenses-5000 They were travelling to different provinces looking for customers and showing them their work February, it was 5000 and March it was 2000Damages-8000their clothes that they were selling got damaged on their way to eastern cape to advertise they had to use the money they saved for damages to sew new once for February it was 8000 and March 5000