i need help on create an imaginary construction company with a…   i need help on create

i need help on create an imaginary construction company with a…   i need help on create an imaginary construction company with a product that can be manufactured and soldKeep it a simple product. Don’t pick something with many parts.You will be describing the making and selling of the product.You can do this by yourself or in a group of 2 or 3 – No more than 3Think through the following:Where will you make it – what costs are involved – materials, labor, rent, etc.Who will make it. How long will it take. What equipment will you need?Who do you sell to? How will you get it to your customers?Will you need to rent a place to sell? Who will get paid to sell?Sales commissions? Delivery costs, travel costs?Can you make money?1 List all the manufacturing costs? DM, DL Overhead2 What are the fixed costs?3 Variable costs?4 List the non-manufacturing costs – period costs?For example – selling costs, rent, salaries (incl your own)5 Determine if you should use job costing or process costing7 Determine a price to sell – try it out using cost price volume8 Determine breakeven sales numbers9 Create a contribution margin income statement CVP10 Create a 4 quarter budget with all the schedules in Chap 9Sales budget, production, materials, labor ESPECIALLY Income Statement11 Create a summary of what the product is, how you make it, how you sellit, what you charge for it, what the competition is, and if your budget shows you are going to make money.I am a potential investor. Convince me to invest in your company.Make up all numbers for costs and prices but try to keep them reasonable Accounting Business Managerial Accounting ACCT 001B Share QuestionEmailCopy link