Budgeted (Annual) Income Statement

*It is Imperative that budgets 4 – 9 include a total column for the 12- months** 10. Budgeted (Annual) Income Statement 11. Budgeted (Annual) Balance Sheet 12. Calculations showing the Break-Even Point in units, £ of sales & percentage 13. Calculations showing the Margin of Safety in units, £ of sales & percentage • You must use spreadsheets in Appendices with formulae correctly applied for each of the budgets 2 – 13 above 17. Individually, you will write to maximum of 500 words on your personal experience of participating in this coursework and the area of the work you did – difficulties encountered and your learning.