PLEASE SOLVE ALL PARTS

Oct- 19 E'000 Nov- 19 E'ooo Dec- 19 'ooo Jan- 20 E'ooo Feb- 20 'ooo Mar- 20 '000 Apr- 20 '000 May- 20 'ooo Jun- 20 '000 Jul- 20 'ooo Aug- 20 E'ooo Sep- 20 f'ooo 354 390 429 472 519 571 628 690 759 835 919 1,011 Budgeted Sales Actual Sales 375 421 497 562 712 150 180 242 523 715 894 1.256 . . . . . Based on the budget/actual figures, create a set of costs for the company and create a Statement of Profit/Loss (P/L). The line items to include are: Sales Direct Materials Direct Labour Variable Overheads Fixed Overheads Gross Profit Administration Costs Distribution Costs Selling Costs Operating Profit Finance Costs Profit Before Tax (PBT) Tax (10% of PBT) Profit After Tax . . . . You are also required to produce a budget and actual Statement of Financial Position (SOFP). You are to create these values, but ensure you include the following line items: . Land & Buildings, Plant & Machinery. Cash, Receivables, Inventory. Prepayments. Accrued Income, Share Capital, Retained Earnings, Long-term Bank Loan, Payables. Accruals The following headings must be used: . . NON-CURRENT ASSETS, CURRENT ASSETS, TOTAL ASSETS, EQUITY. NON- CURRENT LIABILITIES, CURRENT LIABILITIES, TOTAL EQUITY AND LIABILITIES . Ensure that your SOFP balances (i.e. total assets a total equity and liabilities) Report Summary: summarise main findings in report including how company has performed over the year and how the company has performed relative to the budget. One paragraph, approximately 150 words. A budgeted Statement of Profit & Loss, shown monthly for a period of 12 months for the financial year, including a 13th column showing the total for the year. An actual Statement of Profit & Loss, shown monthly for a period of 12 months, including a 13th column showing the total for the year. A budgeted Statement of Financial Position for the financial year. An actual Statement of Financial Position for the financial year. Oct- 19 E'000 Nov- 19 E'ooo Dec- 19 'ooo Jan- 20 E'ooo Feb- 20 'ooo Mar- 20 '000 Apr- 20 '000 May- 20 'ooo Jun- 20 '000 Jul- 20 'ooo Aug- 20 E'ooo Sep- 20 f'ooo 354 390 429 472 519 571 628 690 759 835 919 1,011 Budgeted Sales Actual Sales 375 421 497 562 712 150 180 242 523 715 894 1.256 . . . . . Based on the budget/actual figures, create a set of costs for the company and create a Statement of Profit/Loss (P/L). The line items to include are: Sales Direct Materials Direct Labour Variable Overheads Fixed Overheads Gross Profit Administration Costs Distribution Costs Selling Costs Operating Profit Finance Costs Profit Before Tax (PBT) Tax (10% of PBT) Profit After Tax . . . . You are also required to produce a budget and actual Statement of Financial Position (SOFP). You are to create these values, but ensure you include the following line items: . Land & Buildings, Plant & Machinery. Cash, Receivables, Inventory. Prepayments. Accrued Income, Share Capital, Retained Earnings, Long-term Bank Loan, Payables. Accruals The following headings must be used: . . NON-CURRENT ASSETS, CURRENT ASSETS, TOTAL ASSETS, EQUITY. NON- CURRENT LIABILITIES, CURRENT LIABILITIES, TOTAL EQUITY AND LIABILITIES . Ensure that your SOFP balances (i.e. total assets a total equity and liabilities) Report Summary: summarise main findings in report including how company has performed over the year and how the company has performed relative to the budget. One paragraph, approximately 150 words. A budgeted Statement of Profit & Loss, shown monthly for a period of 12 months for the financial year, including a 13th column showing the total for the year. An actual Statement of Profit & Loss, shown monthly for a period of 12 months, including a 13th column showing the total for the year. A budgeted Statement of Financial Position for the financial year. An actual Statement of Financial Position for the financial year