Case Study 3

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Case Study 3 

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Download and read the mini-case study from Katz and Green’s Entrepreneurial Small Business (2011):

 

Phionia’s Finicky Feline Gourmet Cat Dinners. (attached below)

 

In a well-written paper, answer the following case study questions, providing an answer of at least 200 words for each question, as well as ample explanation for each subsection.

 

 

Questions:

 

  • Prepare the following budgets for the period, January through June:

 

  • Sales budget in dollars.

 

  • Production budget in units.

 

  • Direct materials purchases budget in pounds.

 

  • Direct materials purchases budget in dollars.

 

  • Direct manufacturing purchases budget in dollars.

 

  • Comment on the viability of this business and the advisability of the investor making a $50,000 investment to get it started.

 

 

Support your answers using at least two sources (for the entire assignment) other than the textbook. Your paper should be 3 pages in length and use proper APA style.

 

 

 

 

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