Case Study 3ã€€
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Download and read the mini-case study from Katz and Greenâ€™sã€€Entrepreneurial Small Businessã€€(2011):
Phioniaâ€™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.
- 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.