need it asap, thank you!

Tasks 1: In order to expand your business, you need to acquire more capital. One of your friends is interested to join your partnership business. Prepare the following information to convince the new partner to join your business. 2. Background of the business (a) Name of partnership business (b) Location of the business (c) Nature of the business (10 marks) Budgeted production and sales: (a) Determine the production cost of soy drink for each month in 2024. (24 marks) (b) Set the selling price of soy joy by using profit mark-up or profit margin. (6 marks) (c) Discuss the following Inventory valuation: iv. FIFO v. LIFO vi. WAC (15 marks) (d) Prepare the inventory valuation sheet using the method that you think suitable for your soy drink business (FIFO/LIFO/W AC). (20 marks) (e) Explain to the partners on how to economically control the inventory by providing the following Inventory control methods: v. vi. vii. viii. Economic order quantity Re-order level Maximum level Minimum level. (Show all the relevant workings as example in the discussions.) (20 marks)