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(3 marks) Given are constrair*d to your house due to Covid-19, have to try and launch your Own small busir*SS. Required 1200 wor&): a.
(3 marks) Given are constrair*d to your house due to Covid-19, have to try and launch your Own small busir*SS. Required 1200 wor&): a. Design a small business and document 1 key product that you are selling. Name your business and product with a brf description Of its purpose. In a table (please use one below) list a maximum Of 10 COStS that will be in selling your product and explain why they are either a or fixed COSt their unit Nar-ne Of Cost Fixed/Variable SValue per item Explanation as to fixed or variable b. Estimate a reasonable selling price for your product With an explanation as to how you determined your selling price. C. using your feures calculate your Breakeven nint, in both units and dollars (S) Showing all calculations. d. State Whether require a profit Of either SISOO or and calculate new breakeven point, in units and dollars (S) Showir* all e. Define and calculate the 'Margin Of in units and dollars assumir* you sell 3SOO units. Ensure you include all calculations. An example Of a Business could be "Keep your pets happy" With ygur specialty beir* Chew toys for dog to your Your product iS "Chewy bone" some example COStS are purchasing 2 parts to make the toy, electricity to your busir*SS in your Shed, internet to be able to take orders, petrol COStS to run your Car for delivery. please keep this reasonably Simple to demonstrate your knowledge. I do realise there are many more COStS involved but you need to list everyone, up to 10 iS what I am looking for to maximise yur
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