Your team has been assigned to develop and present a budget for next quarter-(April, May and June) based on your recommendations to increase the profit (budgetary surplus).

You have been advised that Management would be increase their advertisements by $300 every month leading to 20% increase in sales.

There is an increasing trend for insurance premiums according to ACCC. They expect business insurance to increase by 7%.

Council rates generally increase by 2% in each quarter.

You may use the template on the next page to make the budget.