Monitor the business performance against the budget

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Prepare of the budget for Rakon Limited Company in 2017 to 2021. The company is headquartered in Auckland. the budget includes Sales budget and a schedule of expected cash collections, Production Budget,Direct material and labour budget, Manufacturing overhead budget, An ending finished goods inventory budget, Selling and administration expense budget, Budgeted cash budget, income statement and balance sheet. Analyse the previous factors which may impact the budget of Rakon Limited Company and recommend that how you will achieve the desired budget. How you will monitor the business performance against the budget. Prepare a Notes to financial statements to support your computations. (at least 1000 words)

Reference no: EM131856969

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