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Project - Instructions Developing a budget (File Upload) Please note: this Project must be completed before the Exercise Assessment. Instructions to Learners For the financial
Project - Instructions Developing a budget (File Upload) Please note: this Project must be completed before the Exercise Assessment. Instructions to Learners For the financial year ending 30 June 2021 you are required to use the Profit and Loss statement to prepare and submit: A budget using an approved accounting software package for the business (The Righteous BBQ) based on the following projections: o Sales to increase by 12%. o Cost of Sales to decrease by 3 %. o Salaries and wages and Casual Labour to increase by 3%. o Increase adverting by $5000. o Increase Laundry and Linen by $4000. o Lease payment will increase to $23,000. A set of Budget Notes that address the points listed in the Assessment Checklist (below). A 'Budget Policy and Procedures' for the organisation. When completing the Project: Ensure you address all items and tasks identified in the Assessment Checklist for the Project (see below). Submit completed copies to your Assessor by the 'Due Date'. Keep a copy for your records. Criteria for success The decision making rules that will be followed are: All tasks must be correctly addressed to achieve a satisfactory result. Where
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