Sales and Costs Determination Assignment | Homework Help Websites

Topic: Determining Sales and Costs

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As one of the four functions of management (see Henri Fayol), the control function involves projecting the costs of a business through budgeting and preparation of financial statements. Eventually the financial statements must be analyzed to reveal what is going on in a business.

  • What are your monthly sales? Provide supporting calculations for how you reached your sales figure, and assure the calculations are realistic. For example, you might expect 100 visitors to your store the first month, 150 the second (and so forth) and they will each spend an average of $20. For the year, that might total $100,000.

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