QUESTION 1 (CLO 1,2,4) You are going to start a computer shop and work for yourself with a starting capital of RM100 000. You are required to prepare a budget for your shop and your budget must include getting the premise, renovation, furniture and fitting, and etc. Show every details of your budget in complete calculation. You must use Microsoft excel to compute the budgeting. (40 marks)

QUESTION 2 (CLO 3) a) Discuss the reasoning behind a company markup and markdown a product price. b) Explain the impact to the company if the operating expenses is included in the selling price. (20 marks)

QUESTION 3 (CLO 5) You are going to start a computer shop selling various computers and gadgets. Select 5 items from your shop and do the following tasks: a) Decide the percentage you are going to mark-up for each of the item. b) Demonstrate the calculation on your mark-up price based on (a). c) Calculate the breakeven for each of the item if your operating expenses are 13% based on the cost. d) Discuss the profit that you gain from selling each of the item. Based on your discussion, could you markup a 100% for your selling items? Justify your answer. (4