Homework answers / question archive / Continuing with the business idea innovation that you described earlier, you are asked to prepare a budget for the first quarter of 2021 related to the sales budget, expected cash collection, production budget, direct material budget, and expected cash disbursement (figures can use your estimated personal considerations) and explain the analysis of each budget that you make

Continuing with the business idea innovation that you described earlier, you are asked to prepare a budget for the first quarter of 2021 related to the sales budget, expected cash collection, production budget, direct material budget, and expected cash disbursement (figures can use your estimated personal considerations) and explain the analysis of each budget that you make

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Continuing with the business idea innovation that you described earlier, you are asked to prepare a budget for the first quarter of 2021 related to the sales budget, expected cash collection, production budget, direct material budget, and expected cash disbursement (figures can use your estimated personal considerations) and explain the analysis of each budget that you make. Case 2 (20 point) Assuming that the company must obtain additional financing to continue operations, potential investors want to know some information related to the company, one of which is information regarding the income statement. Therefore, you are asked to make an income statement with two approaches, namely full costing and variable costing (make the basis for calculating the unit product cost first, and for selling & administrative expenses you can use the estimated figures for your consideration). This was done to provide top management with an overview of the differences between these two approaches. Then, make a conclusion on which income statement that has been made is better presented to potential investors.