You are the Production Manager of a manufacturing company, and you are tasked in developing a master budget of all costs so that decisions can be made by management.

You are to develop the following:

Identify a product, (2) develop the formulas for developing the product and the (3) manufacturing processes, (4) and estimate levels of sales and production

You must develop the following budgets:

Sales Budget

Production budget

Purchases budget

Personnel budget

Direct labor budget

Overhead budget

Selling and administrative budget

Capital budget

Cash budget

You must also compare your total cost per unit to industry standards and convince the professor that your product process and numbers are efficient and probable to support the mission of the companys profitability goals.

Required Key Indicators: Gross Profit, Sales, and Break Even Point