Set up Budget for a company using Quantitative method

$1.$ Defined Budget, segregate what are Fixed vs Variable

costs $$ what type of company is this budget for?

$($example: floral shop, sandwich shop, software

company....$).$ Please see sample Income Statement

uploaded in handout section under Canvas LMS$.$ You

will follow the template to add additional expenses, or

delete the items you do not need. The Budget will be

made for a full year of $2023$ in Excel format.

$2.$ Breakdown trackable spending, design how you would

track them and conduct spending control $$ out of the

listed expenses, which one you would have some

types of control? How would you set spending

control$($imagine you are the CFO$).$

$3.$ Describe how you would set measurement to

measure Actual performance$/$spending vs Budgeted

Income Statement.

$4.$ Present your process, explain financial budget and the

spending control