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Please be as detailed as possible. Thank you! Create and imaginary company with a product that can be manufactured Keep it a simple product. Don't pick something with many parts You will be describing the making and selling of the product 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 sel? Sales commissions? Can you make money costs, travel costs? 1 List all the manufacturing costs? DM. DLOverhead 2 What are the fixxed costs? 3 Variable costs? 4 List the non-manufacturing costs-period costs? For example-selling costs, rent, salaries (indl your own) 5 Determine you should use job costing or process costing 6 Calculate a cost of goods manufactured- inventory plan 7 Determine a price to sell for using cost price volume 8 Determine breakeven sales numbers 9 Create a contribution margin income statement CVP 10 Put together a 12 month or 4 quarter budget with all the schedules in Sales budget, production, materials, labor ESPECIALLY Income State 11 Create a summary of what the product is, how you make it, how you se t, what you charge for it, what the competition is, and 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

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