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Master Budget of a Small Street Shop

In: Business and Management

Submitted By fuad007
Words 818
Pages 4
Reason to select the shop:
The shop we choose is Hasan basralai. We chose the shop because of our personal relation with the owner. He has been doing business in one of our group memebers locality for 4 years. He is very experienced and eloquent when it comes to selling his products.
There is another reason for choosing the shop. It is the ease of doing the master budget on a shop which primarily sells shirts. His shop does not have many of the expenses a typical manufacturing shop would have. All of his products are bought from whole sellers so there is only an inventory that we must consider while making the master budget.
Background of the shop:
Mr hasan has been doing business for many years in different places. He used to be a rickshaw puller but when he became old and it became very difficult to pull rickshaw he decided to establish his own shop. Now his son helps him in his business. He cannot employ any sales person due to his limited profit margin. It becomes very difficult for him to run his family with such a trifling amount of money.
He primarily sells shirts. That the product we will be focusing on to in our master budget.
The location of his dokan is in khilkhet bazar. Its below the over bridge where it remains very crowdie at pick ours. Sales budget:
The price per unit of shirt is tk 350. And hasan basraalai does not sell in credit so all the money is collected in their own quarter.

hasan basraalai Sales Budget For the year ended December 31,2016 | | | Quarter | | | | | 1 | 2 | 3 | 4 | Year | Budgeted unit sales (in cases) | 303 | 211 | 403 | 197 | 1114 | Selling price per unit(tk) | 350 | 350 | 350 | 350 | 350 | Total sales(tk) | 106,050 |...

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