The first part of the project will be based on Problem 2. Prepare a comprehensive budget according to the given data and assumptions.

The second part of the project is to prepare a new, comprehensive budget with 8% net income increase over the original budget in item 1.

Prepare the presentation including the following information:

A brief introduction of the case;

Report the original Budgeted Income Statement (P/L budget);

Report the new P/L budget with 8% net income increase;

Discuss the assumptions made;

Rationalize your decisions;

The conclusion.

Comprehensive Budget Bathworks Sales Budget For the Year Ended December 31 Quarter 4000 Sales in Units 3,000 Selling Price per unit (a) 6 24,000 Total Sales (a) assume selling price remains constant 5,000 5,000 Year 17,000