Case Study 3

Case Study 3　

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.