Question>> Andrew Bill and Mike Thomas are good friends. They have just graduated from Kent Institute Australia and planning to start a start-up business. Andrew and Mike have $400,000 to start a business, which means that business setup cost plus the estimated loss until the business reaches the break-even point cannot exceed $400,000.

Requirement.

Perform a break-even analysis for the proposed start-up business model.

12:31 AA mail-attachment.googleusercontent.cc Cost Accounting Assessment 3 T2 2020 1. Executive Summary 2. Table of Contents 3. Description of the Business Idea (The reason to start up business, Key business areas and initial staff requirements) 4. Business Model Canvas a. Introduction about Canvas Model b. Identify key Internal & External Elements (List 9) c. Explain key Intemal & External elements. d. Summarise the key elements using the document available on Moodle. 5. Vision and Mission Statement 6. Introduction to Balanced Scorecard 7. Presentation of BSC for the Business Model using the document available on Moodle. 8. Implementation of business strategy. (How to implement key business areas) 9. Break Even analysis a. Estimation of Revenue 6. Estimation of cost (Fixed cost & Variable cost) c. Calculate contribution margin per unit d. Calculate BEP in Quantity e. Calculate BEP in Sale(s) 10. Overall Feasibility of the Business Model 11. Conclusion